RB Global (RBA) — Tangible Net Worth Ratio
RB Global (RBA) has a Tangible Net Worth Ratio of 60.9% as of March 2026. This metric is calculated by deducting intangible assets (CA$2.39 Billion) from net assets (CA$6.11 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See RB Global working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
RB Global Tangible Net Worth Ratio (1997–2025)
This chart shows how RB Global's Tangible Net Worth Ratio has changed across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 60.9%, reflecting net assets of CA$6.11 Billion with intangible assets of CA$2.39 Billion CAD. See RB Global defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for RB Global (1997–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for RB Global from 1997 to 2025, covering 29 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see RB Global market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 59.4% | CA$6.06 Billion | CA$2.46 Billion | CA$12.12 Billion | ▲ +6.4 pp |
| 2024 | 52.9% | CA$5.72 Billion | CA$2.69 Billion | CA$11.81 Billion | ▲ +6.2 pp |
| 2023 | 46.7% | CA$5.51 Billion | CA$2.94 Billion | CA$12.04 Billion | ▼ -28.3 pp |
| 2022 | 75.0% | CA$1.29 Billion | CA$322.65 Million | CA$2.86 Billion | ▲ +7.7 pp |
| 2021 | 67.3% | CA$1.07 Billion | CA$350.52 Million | CA$3.59 Billion | ▼ -3.0 pp |
| 2020 | 70.3% | CA$1.01 Billion | CA$300.95 Million | CA$2.35 Billion | ▼ -4.0 pp |
| 2019 | 74.3% | CA$906.99 Million | CA$233.38 Million | CA$2.23 Billion | ▲ +4.2 pp |
| 2018 | 70.0% | CA$835.71 Million | CA$250.55 Million | CA$2.05 Billion | ▲ +5.1 pp |
| 2017 | 64.9% | CA$744.75 Million | CA$261.09 Million | CA$2.02 Billion | ▼ -23.9 pp |
| 2016 | 88.8% | CA$691.83 Million | CA$77.42 Million | CA$1.60 Billion | ▼ -3.7 pp |
| 2015 | 92.5% | CA$732.14 Million | CA$54.86 Million | CA$1.12 Billion | ▲ +0.7 pp |
| 2014 | 91.8% | CA$709.22 Million | CA$58.37 Million | CA$1.12 Billion | ▲ +0.2 pp |
| 2013 | 91.5% | CA$694.55 Million | CA$58.73 Million | CA$1.16 Billion | ▼ -1.2 pp |
| 2012 | 92.7% | CA$656.53 Million | CA$47.71 Million | CA$1.13 Billion | ▼ -7.3 pp |
| 2011 | 100.0% | CA$617.91 Million | CA$0.00 | CA$967.24 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$578.13 Million | CA$0.00 | CA$870.82 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$544.41 Million | CA$0.00 | CA$857.82 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$383.11 Million | CA$0.00 | CA$567.86 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$435.50 Million | CA$0.00 | CA$672.89 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$316.44 Million | CA$0.00 | CA$475.75 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$279.62 Million | CA$0.00 | CA$430.72 Million | ▲ +13.0 pp |
| 2004 | 87.0% | CA$289.26 Million | CA$37.50 Million | CA$442.41 Million | ▲ +1.1 pp |
| 2003 | 85.9% | CA$252.78 Million | CA$35.63 Million | CA$413.01 Million | ▲ +3.1 pp |
| 2002 | 82.8% | CA$199.37 Million | CA$34.36 Million | CA$329.14 Million | ▼ -0.1 pp |
| 2001 | 82.8% | CA$165.93 Million | CA$28.47 Million | CA$275.54 Million | ▲ +3.1 pp |
| 2000 | 79.8% | CA$148.76 Million | CA$30.12 Million | CA$268.35 Million | ▲ +3.4 pp |
| 1999 | 76.3% | CA$134.40 Million | CA$31.80 Million | CA$216.10 Million | ▼ -23.7 pp |
| 1998 | 100.0% | CA$104.20 Million | CA$0.00 | CA$152.60 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CA$25.70 Million | CA$0.00 | CA$70.50 Million | — |