RBA Tax Provision from 2010 to 2024

RBA Stock  USD 97.76  0.08  0.08%   
RB Global's Tax Provision is increasing over the years with slightly volatile fluctuation. Tax Provision is expected to dwindle to about 50.7 M. Tax Provision is the amount set aside by RB Global to cover any estimated taxes for the current period. It reflects RB Global's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
36.6 M
Current Value
26.2 M
Quarterly Volatility
11.2 M
 
Covid
Check RB Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RB Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 494.1 M, Interest Expense of 224.5 M or Total Revenue of 3.9 B, as well as many indicators such as Price To Sales Ratio of 5.9, Dividend Yield of 0.0262 or PTB Ratio of 3.66. RBA financial statements analysis is a perfect complement when working with RB Global Valuation or Volatility modules.
  
Check out the analysis of RB Global Correlation against competitors.
For information on how to trade RBA Stock refer to our How to Trade RBA Stock guide.

Latest RB Global's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of RB Global over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. RB Global's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RB Global's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

RBA Tax Provision Regression Statistics

Arithmetic Mean43,655,613
Geometric Mean36,482,242
Coefficient Of Variation42.61
Mean Deviation13,025,484
Median37,861,000
Standard Deviation18,602,325
Sample Variance346T
Range84.1M
R-Value0.53
Mean Square Error269.8T
R-Squared0.28
Significance0.04
Slope2,185,584
Total Sum of Squares4844.7T

RBA Tax Provision History

202450.7 M
202360.1 M
202286.2 M
202153.4 M
202065.5 M
201941.6 M
201831 M

About RB Global Financial Statements

RB Global stakeholders use historical fundamental indicators, such as RB Global's Tax Provision, to determine how well the company is positioned to perform in the future. Although RB Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in RB Global's assets and liabilities are reflected in the revenues and expenses on RB Global's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in RB Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision60.1 M50.7 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether RB Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RB Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rb Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rb Global Stock:
Check out the analysis of RB Global Correlation against competitors.
For information on how to trade RBA Stock refer to our How to Trade RBA Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RB Global. If investors know RBA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RB Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.2
Dividend Share
1.12
Earnings Share
1.86
Revenue Per Share
22.8
Quarterly Revenue Growth
(0.04)
The market value of RB Global is measured differently than its book value, which is the value of RBA that is recorded on the company's balance sheet. Investors also form their own opinion of RB Global's value that differs from its market value or its book value, called intrinsic value, which is RB Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RB Global's market value can be influenced by many factors that don't directly affect RB Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RB Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if RB Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RB Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.