Royal Bank Of Stock Current Ratio
| 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.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 0.26 | 0.25 |
Royal | Current Ratio |
Royal Bank of Company Current Ratio Analysis
Royal Bank's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Royal Bank Current Ratio | 0.25 |
Most of Royal Bank's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Royal Bank of is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Royal Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Royal Bank is extremely important. It helps to project a fair market value of Royal Stock properly, considering its historical fundamentals such as Current Ratio. Since Royal Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Royal Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Royal Bank's interrelated accounts and indicators.
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Royal Current Ratio 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 ratio 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 ratio as a starting point in their analysis.
Royal Bank Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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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.Environmental | Governance | Social |
Royal Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.008 | ||||
| Profit Margin | 0.29 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | (100.93 B) | ||||
| Shares Outstanding | 1.41 B | ||||
| Shares Owned By Institutions | 52.48 % | ||||
| Number Of Shares Shorted | 16.69 M | ||||
| Price To Earning | 12.27 X | ||||
| Price To Book | 2.15 X | ||||
| Price To Sales | 3.13 X | ||||
| Revenue | 53.66 B | ||||
| Gross Profit | 48.5 B | ||||
| EBITDA | 21.45 B | ||||
| Net Income | 14.87 B | ||||
| Cash And Equivalents | 701.08 B | ||||
| Cash Per Share | 503.75 X | ||||
| Total Debt | 439.35 B | ||||
| Debt To Equity | 15.61 % | ||||
| Book Value Per Share | 81.28 X | ||||
| Cash Flow From Operations | 26.08 B | ||||
| Short Ratio | 14.23 X | ||||
| Earnings Per Share | 8.08 X | ||||
| Price To Earnings To Growth | 3.41 X | ||||
| Target Price | 171.32 | ||||
| Number Of Employees | 96.17 K | ||||
| Beta | 0.84 | ||||
| Market Capitalization | 176.92 B | ||||
| Total Asset | 2 T | ||||
| Retained Earnings | 84.33 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.82 % | ||||
| Net Asset | 2 T | ||||
| Last Dividend Paid | 5.53 |
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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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.