Royal Total Other Income Expense Net vs Depreciation And Amortization Analysis

RY Stock  USD 125.09  3.30  2.71%   
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 Total Other Income Expense Net and its Depreciation And Amortization 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.

Total Other Income Expense Net vs Depreciation And Amortization

Total Other Income Expense Net vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Bank Total Other Income Expense Net account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Royal Bank's Total Other Income Expense Net and Depreciation And Amortization is 0.63. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Depreciation And Amortization 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 Total Other Income Expense Net and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Royal Bank of are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Other Income Expense Net i.e., Royal Bank's Total Other Income Expense Net and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Other Income Expense Net

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 is likely to rise to about 435.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 416.7 M in 2024.
 2020 2021 2022 2024 (projected)
Operating Income20.6B38.2B20.0B650.8M
Other Operating Expenses28.9B10.6B35.2B315.9M

Royal Bank fundamental ratios Correlations

0.17-0.40.921.00.430.010.990.720.92-0.090.350.570.360.99-0.47-0.10.880.81.00.950.740.60.740.50.2
0.17-0.720.320.160.820.920.27-0.160.080.82-0.380.060.730.240.350.83-0.060.360.170.09-0.26-0.4-0.080.250.54
-0.4-0.72-0.51-0.38-0.68-0.49-0.510.23-0.25-0.38-0.03-0.39-0.8-0.46-0.15-0.37-0.04-0.47-0.4-0.320.270.28-0.16-0.2-0.7
0.920.32-0.510.920.450.130.930.620.810.00.240.530.450.93-0.33-0.010.820.840.920.880.620.440.650.480.38
1.00.16-0.380.920.40.010.990.750.92-0.090.330.540.320.99-0.48-0.10.890.821.00.940.760.60.730.530.18
0.430.82-0.680.450.40.620.49-0.020.420.65-0.160.370.890.440.230.640.220.270.430.45-0.06-0.020.270.190.5
0.010.92-0.490.130.010.620.09-0.09-0.060.82-0.46-0.180.440.090.320.83-0.170.310.01-0.12-0.23-0.48-0.260.290.34
0.990.27-0.510.930.990.490.090.660.9-0.020.320.560.431.0-0.42-0.030.840.830.990.920.660.510.70.520.28
0.72-0.160.230.620.75-0.02-0.090.660.74-0.210.130.1-0.220.71-0.6-0.20.840.650.720.670.950.610.470.58-0.24
0.920.08-0.250.810.920.42-0.060.90.74-0.220.440.620.290.89-0.49-0.220.870.60.930.930.780.730.820.340.07
-0.090.82-0.380.0-0.090.650.82-0.02-0.21-0.22-0.75-0.360.52-0.020.431.0-0.230.13-0.09-0.16-0.37-0.58-0.450.370.36
0.35-0.38-0.030.240.33-0.16-0.460.320.130.44-0.750.75-0.10.29-0.43-0.750.270.050.350.370.350.670.73-0.43-0.22
0.570.06-0.390.530.540.37-0.180.560.10.62-0.360.750.430.51-0.14-0.380.450.240.570.620.330.690.92-0.410.2
0.360.73-0.80.450.320.890.440.43-0.220.290.52-0.10.430.370.410.490.160.210.360.44-0.24-0.120.230.070.74
0.990.24-0.460.930.990.440.091.00.710.89-0.020.290.510.37-0.45-0.030.850.870.990.910.710.510.680.570.25
-0.470.35-0.15-0.33-0.480.230.32-0.42-0.6-0.490.43-0.43-0.140.41-0.450.4-0.35-0.36-0.47-0.31-0.59-0.44-0.35-0.30.65
-0.10.83-0.37-0.01-0.10.640.83-0.03-0.2-0.221.0-0.75-0.380.49-0.030.4-0.240.13-0.1-0.18-0.37-0.58-0.460.380.33
0.88-0.06-0.040.820.890.22-0.170.840.840.87-0.230.270.450.160.85-0.35-0.240.660.880.930.880.730.720.440.14
0.80.36-0.470.840.820.270.310.830.650.60.130.050.240.210.87-0.360.130.660.80.630.590.210.390.650.28
1.00.17-0.40.921.00.430.010.990.720.93-0.090.350.570.360.99-0.47-0.10.880.80.950.740.60.740.50.21
0.950.09-0.320.880.940.45-0.120.920.670.93-0.160.370.620.440.91-0.31-0.180.930.630.950.710.670.790.370.29
0.74-0.260.270.620.76-0.06-0.230.660.950.78-0.370.350.33-0.240.71-0.59-0.370.880.590.740.710.810.680.34-0.28
0.6-0.40.280.440.6-0.02-0.480.510.610.73-0.580.670.69-0.120.51-0.44-0.580.730.210.60.670.810.89-0.18-0.29
0.74-0.08-0.160.650.730.27-0.260.70.470.82-0.450.730.920.230.68-0.35-0.460.720.390.740.790.680.89-0.180.02
0.50.25-0.20.480.530.190.290.520.580.340.37-0.43-0.410.070.57-0.30.380.440.650.50.370.34-0.18-0.180.13
0.20.54-0.70.380.180.50.340.28-0.240.070.36-0.220.20.740.250.650.330.140.280.210.29-0.28-0.290.020.13
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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)(116.9B)(166.0B)(139.5B)208.1M
Total Current Liabilities107.7B90.1B110.0B159.6B150.6B1.0B
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 Total299.8B308.1B344.5B2.4T2.7T2.8T
Non Currrent Assets Other(2.6B)(2.0B)(1.5B)(435.5B)(391.9B)(372.3B)
Other Assets974.0B1.0T1.1T1.3T(592.1B)1.5B
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 Total12.9B209.1B159.6B2.0T2.3T2.5T
Other Current Assets667.7B768.6B786.4B867.4B875.6B234.8M
Other Stockholder Equity4.2B(132M)2.4B5.4B6.6B255.6K
Total Liab1.3T1.5T1.6T1.8T1.9T6.6B
Total Current Assets186.9B316.3B253.6B266.8B241.9B716.9M
Short Term Debt99.4B80.6B99.5B143.0B112.1B336.7M
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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