Royal Bank Of Stock Current Asset

RY Stock  USD 125.08  0.01  0.01%   
Royal Bank of fundamentals help investors to digest information that contributes to Royal Bank's financial success or failures. It also enables traders to predict the movement of Royal Stock. The fundamental analysis module provides a way to measure Royal Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Royal Bank stock.
Non Current Assets Total is likely to rise to about 1.9 T in 2024, whereas Other Current Assets are likely to drop slightly above 234.8 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Royal Bank of Company Current Asset Analysis

Royal Bank's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

Royal Current Asset Historical Pattern

Today, most investors in Royal Bank Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Royal Bank's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Royal Bank current asset as a starting point in their analysis.
   Royal Bank Current Asset   
       Timeline  
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

Royal Total Assets

Total Assets

10.1 Billion

At this time, Royal Bank's Total Assets are fairly stable compared to the past year.
In accordance with the recently published financial statements, Royal Bank of has a Current Asset of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The current asset for all United States stocks is 100.0% higher than that of the company.

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Royal Bank ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Royal Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Royal Bank's managers, analysts, and investors.
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Royal Fundamentals

About Royal Bank Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Royal Bank of's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Royal Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Royal Bank of based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Royal Stock Analysis

When running Royal Bank's price analysis, check to measure Royal Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Royal Bank is operating at the current time. Most of Royal Bank's value examination focuses on studying past and present price action to predict the probability of Royal Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Bank's price. Additionally, you may evaluate how the addition of Royal Bank to your portfolios can decrease your overall portfolio volatility.