RB GLOBAL INC
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
RBA$95.77+2.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets(Expressed in millions of U.S. dollars, except share data)(Unaudited)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $650.7 | $576.2 |
| Restricted cash | 139.4 | 171.7 |
| Trade and other receivables, net of allowance for credit losses of $8.4 and $6.4, respectively | 736.3 | 731.5 |
| Prepaid consigned vehicle charges | 60.7 | 66.9 |
| Inventory | 163.9 | 166.5 |
| Other current assets | 82.4 | 91.2 |
| Income taxes receivable | 25.4 | 10.0 |
| Total current assets | 1,858.8 | 1,814.0 |
| Property, plant and equipment, net | 1,259.5 | 1,200.9 |
| Operating lease right-of-use assets | 1,431.9 | 1,475.5 |
| Other non-current assets | 96.7 | 85.6 |
| Intangible assets, net | 2,736.5 | 2,914.1 |
| Goodwill | 4,537.1 | 4,537.0 |
| Deferred tax assets | 11.5 | 10.3 |
| Total assets | $11,932.0 | $12,037.4 |
| Liabilities, Temporary Equity and Stockholders' Equity | ||
| Current liabilities: | ||
| Auction proceeds payable | $546.7 | $502.5 |
| Trade and other liabilities | 740.9 | 685.8 |
| Current operating lease liabilities | 116.4 | 118.0 |
| Income taxes payable | 9.3 | 8.5 |
| Short-term debt | 31.4 | 13.7 |
| Current portion of long-term debt | 4.4 | 14.2 |
| Total current liabilities | 1,449.1 | 1,342.7 |
| Long-term operating lease liabilities | 1,326.2 | 1,354.3 |
| Long-term debt | 2,724.9 | 3,061.6 |
| Other non-current liabilities | 90.6 | 86.7 |
| Deferred tax liabilities | 639.5 | 682.7 |
| Total liabilities | 6,230.3 | 6,528.0 |
| Temporary equity: | ||
| Series A Senior Preferred Shares; shares authorized, issued and outstanding: 485,000,000 (December 31, 2023: 485,000,000) | 482.0 | 482.0 |
| Redeemable non-controlling interest | 8.2 | 8.4 |
| Stockholders' equity: | ||
| Senior preferred and junior preferred stock, unlimited shares authorized; shares issued and outstanding, other than Series A Senior Preferred Shares: nil (December 31, 2023: nil) | — | — |
| Common stock, no par value, unlimited shares authorized; shares issued and outstanding: 184,407,685 (December 31, 2023: 182,843,942) | 4,140.5 | 4,054.2 |
| Additional paid-in capital | 85.2 | 88.0 |
| Retained earnings | 1,034.4 | 918.5 |
| Accumulated other comprehensive loss | (51.0) | (44.0) |
| Stockholders' equity | 5,209.1 | 5,016.7 |
| Non-controlling interests | 2.4 | 2.3 |
| Total stockholders' equity | 5,211.5 | 5,019.0 |
| Total liabilities, temporary equity and stockholders' equity | $11,932.0 | $12,037.4 |
| RB Global, Inc. | 3 |
|---|
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