Royal Property Plant Equipment vs Long Term Debt Analysis

RY Stock  USD 125.08  0.01  0.01%   
Royal Bank financial indicator trend analysis is much more than just breaking down Royal Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Royal Bank is a good investment. Please check the relationship between Royal Bank Property Plant Equipment and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Bank of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Property Plant Equipment vs Long Term Debt

Property Plant Equipment vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Bank Property Plant Equipment account and Long Term Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Royal Bank's Property Plant Equipment and Long Term Debt is 0.08. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Royal Bank of, assuming nothing else is changed. The correlation between historical values of Royal Bank's Property Plant Equipment and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Royal Bank of are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Property Plant Equipment i.e., Royal Bank's Property Plant Equipment and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant Equipment

Long Term Debt

Long-term debt is a debt that Royal Bank has held for over one year. Long-term debt appears on Royal Bank of balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Royal Bank of balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Royal Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Royal Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Bank of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Royal Bank's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 20.28 in 2024, whereas Selling General Administrative is likely to drop slightly above 416.7 M in 2024.
 2020 2021 2022 2024 (projected)
Operating Income20.6B38.2B27.2B650.8M
Other Operating Expenses28.9B10.6B26.5B315.9M

Royal Bank fundamental ratios Correlations

0.17-0.30.621.00.430.010.990.720.92-0.070.350.820.360.99-0.47-0.080.880.11.00.930.290.60.740.50.2
0.17-0.690.380.160.820.920.27-0.160.080.84-0.380.220.730.240.350.86-0.06-0.380.170.07-0.56-0.4-0.080.250.54
-0.3-0.69-0.42-0.27-0.63-0.46-0.40.33-0.1-0.480.08-0.44-0.79-0.36-0.21-0.470.070.2-0.3-0.20.610.420.0-0.24-0.71
0.620.38-0.420.640.320.350.660.550.420.39-0.350.170.240.69-0.270.390.5-0.130.620.430.29-0.15-0.060.970.29
1.00.16-0.270.640.40.010.990.750.92-0.070.330.80.320.99-0.48-0.080.890.111.00.920.320.60.730.530.18
0.430.82-0.630.320.40.620.49-0.020.420.67-0.160.510.890.440.230.670.22-0.410.430.44-0.4-0.020.270.190.5
0.010.92-0.460.350.010.620.09-0.09-0.060.83-0.46-0.040.440.090.320.85-0.17-0.380.01-0.15-0.44-0.48-0.260.290.34
0.990.27-0.40.660.990.490.090.660.90.00.320.830.431.0-0.42-0.010.840.060.990.910.190.510.70.520.28
0.72-0.160.330.550.75-0.02-0.090.660.74-0.210.130.31-0.220.71-0.6-0.20.840.070.720.650.70.610.470.58-0.24
0.920.08-0.10.420.920.42-0.060.90.74-0.210.440.790.290.89-0.49-0.20.87-0.110.930.930.230.730.820.340.07
-0.070.84-0.480.39-0.070.670.830.0-0.21-0.21-0.73-0.170.55-0.010.450.99-0.21-0.26-0.07-0.17-0.27-0.57-0.430.360.39
0.35-0.380.08-0.350.33-0.16-0.460.320.130.44-0.730.62-0.10.29-0.43-0.740.270.280.350.410.00.670.73-0.43-0.22
0.820.22-0.440.170.80.51-0.040.830.310.79-0.170.620.550.79-0.25-0.180.640.150.820.84-0.130.620.9-0.020.33
0.360.73-0.790.240.320.890.440.43-0.220.290.55-0.10.550.370.410.520.16-0.310.360.44-0.52-0.120.230.070.74
0.990.24-0.360.690.990.440.091.00.710.89-0.010.290.790.37-0.45-0.010.850.090.990.890.250.510.680.570.25
-0.470.35-0.21-0.27-0.480.230.32-0.42-0.6-0.490.45-0.43-0.250.41-0.450.41-0.35-0.09-0.47-0.3-0.44-0.44-0.35-0.30.65
-0.080.86-0.470.39-0.080.670.85-0.01-0.2-0.20.99-0.74-0.180.52-0.010.41-0.23-0.31-0.08-0.2-0.3-0.58-0.430.370.35
0.88-0.060.070.50.890.22-0.170.840.840.87-0.210.270.640.160.85-0.35-0.230.160.880.920.520.730.720.440.14
0.1-0.380.2-0.130.11-0.41-0.380.060.07-0.11-0.260.280.15-0.310.09-0.09-0.310.160.090.070.460.340.25-0.16-0.15
1.00.17-0.30.621.00.430.010.990.720.93-0.070.350.820.360.99-0.47-0.080.880.090.940.290.60.740.50.21
0.930.07-0.20.430.920.44-0.150.910.650.93-0.170.410.840.440.89-0.3-0.20.920.070.940.280.710.820.310.27
0.29-0.560.610.290.32-0.4-0.440.190.70.23-0.270.0-0.13-0.520.25-0.44-0.30.520.460.290.280.460.110.41-0.46
0.6-0.40.42-0.150.6-0.02-0.480.510.610.73-0.570.670.62-0.120.51-0.44-0.580.730.340.60.710.460.89-0.18-0.29
0.74-0.080.0-0.060.730.27-0.260.70.470.82-0.430.730.90.230.68-0.35-0.430.720.250.740.820.110.89-0.180.02
0.50.25-0.240.970.530.190.290.520.580.340.36-0.43-0.020.070.57-0.30.370.44-0.160.50.310.41-0.18-0.180.13
0.20.54-0.710.290.180.50.340.28-0.240.070.39-0.220.330.740.250.650.350.14-0.150.210.27-0.46-0.290.020.13
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Royal Bank Account Relationship Matchups

Royal Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4T1.6T1.7T1.9T2.0T10.1B
Short Long Term Debt Total109.2B305.0B425.2B439.4B505.3B530.5B
Other Current Liab(2.6B)(2.9B)(14.5B)(20.1B)(135.7B)208.1M
Total Current Liabilities107.7B90.1B110.0B159.6B943.3B1.0B
Total Stockholder Equity83.5B86.7B98.7B108.1B117.7B3.4B
Property Plant And Equipment Net7.9B7.4B7.2B6.7B7.8B8.1B
Net Debt(148.0B)111.6B244.8B306.3B352.2B369.8B
Retained Earnings56.0B59.8B71.8B78.0B84.3B1.3B
Accounts Payable8.3B9.5B10.5B17.3B20.6B493.3M
Cash64.7B157.9B193.5B180.4B133.1B5.7M
Non Current Assets Total299.8B308.1B344.5B1.5T1.8T1.9T
Non Currrent Assets Other(2.6B)(2.0B)(1.5B)(435.5B)(391.9B)(372.3B)
Other Assets974.0B1.0T1.1T1.3T256.4B1.5B
Cash And Short Term Investments297.6B231.0B240.6B212.0B243.8B256.0B
Net Receivables19.7B18.6B22.5B26.2B29.9B430.4M
Common Stock Shares Outstanding1.4B1.4B1.4B1.4B1.6B1.5B
Liabilities And Stockholders Equity1.6T1.7T1.9T2.0T2.3T2.4T
Non Current Liabilities Total12.9B209.1B159.6B1.0T1.2T1.2T
Other Current Assets667.7B768.6B786.4B867.4B875.6B234.8M
Other Stockholder Equity4.2B(132M)(112M)(339M)(240M)255.6K
Total Liab1.3T1.5T1.6T1.8T1.9T6.6B
Total Current Assets186.9B316.3B253.6B266.8B212.0B716.9M
Short Term Debt99.4B80.6B631M654M112.1B336.7M
Accumulated Other Comprehensive Income3.4B2.5B5.7B6.9B7.9B8.3B
Other Liab25.2B28.3B29.3B26.3B1.4B1.4B
Net Tangible Assets61.9B64.7B76.7B82.4B4.1B3.9B
Long Term Debt9.8B23.2B33.3B12.3B323.1B2.6B
Good Will11.3B10.9B12.3B12.6B14.5B8.5B
Short Term Investments139.7B37.5B60.2B78.9B90.8B71.4B
Inventory(667.7B)(768.6B)(786.4B)(867.4B)(875.6B)50.9M
Long Term Investments280.8B285.4B318.9B410.2B471.8B495.4B
Short Long Term Debt11.1B80.0B98.9B142.3B111.4B336.7M
Treasury Stock(18M)(58M)(129M)(73M)(84.0M)(88.1M)
Intangible Assets4.8B4.5B6.1B5.9B6.8B4.3B
Common Stock17.6B17.5B17.7B17.3B19.4B57.3M
Property Plant Equipment3.2B7.9B7.4B7.2B9.5B10.0B
Property Plant And Equipment Gross7.9B15.1B12.4B12.8B14.8B15.5B

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