Royal Property Plant Equipment vs Earning Assets Analysis

RY Stock  USD 98.16  0.48  0.49%   
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 Earning Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Property Plant Equipment vs Earning Assets

Property Plant Equipment vs Earning Assets 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 Earning Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Royal Bank's Property Plant Equipment and Earning Assets is 0.75. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Earning Assets 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 Earning Assets 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 Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Property Plant Equipment i.e., Royal Bank's Property Plant Equipment and Earning Assets go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Earning Assets

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 tightly coupled 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 20.39 in 2024, whereas Selling General Administrative is likely to drop slightly above 416.7 M in 2024.
 2020 2021 2022 2024 (projected)
EBIT20.6B38.2B18.5B671.0M
Operating Income20.6B38.2B18.5B650.8M

Royal Bank fundamental ratios Correlations

0.13-0.210.921.00.43-0.030.990.720.920.10.610.950.340.99-0.470.00.880.11.00.950.740.60.740.50.2
0.13-0.580.230.120.780.970.22-0.130.070.840.550.30.630.20.320.93-0.1-0.440.13-0.05-0.25-0.42-0.130.260.47
-0.21-0.58-0.31-0.17-0.62-0.44-0.310.46-0.04-0.66-0.41-0.5-0.81-0.26-0.28-0.520.150.17-0.21-0.030.480.39-0.03-0.05-0.7
0.920.23-0.310.910.450.070.930.60.820.240.530.920.440.92-0.320.120.830.10.920.830.630.480.690.420.37
1.00.12-0.170.910.4-0.030.990.750.920.090.590.940.30.99-0.480.00.890.111.00.940.760.60.730.530.18
0.430.78-0.620.450.40.60.49-0.020.420.810.760.570.880.440.230.740.22-0.410.430.36-0.06-0.020.270.190.5
-0.030.97-0.440.07-0.030.60.06-0.14-0.10.760.40.120.440.050.330.9-0.22-0.4-0.03-0.22-0.29-0.54-0.310.280.36
0.990.22-0.310.930.990.490.060.660.90.190.630.980.411.0-0.420.090.840.060.990.910.660.510.70.520.28
0.72-0.130.460.60.75-0.02-0.140.660.74-0.260.230.5-0.250.71-0.6-0.210.840.070.720.750.950.610.470.58-0.24
0.920.07-0.040.820.920.42-0.10.90.74-0.020.510.830.280.89-0.49-0.080.87-0.110.930.950.780.730.820.340.07
0.10.84-0.660.240.090.810.760.19-0.26-0.020.460.30.830.160.60.88-0.02-0.270.1-0.08-0.35-0.43-0.150.220.72
0.610.55-0.410.530.590.760.40.630.230.510.460.670.520.61-0.20.490.320.070.610.570.260.260.450.240.11
0.950.3-0.50.920.940.570.120.980.50.830.30.670.550.96-0.330.170.730.040.950.840.510.40.670.460.4
0.340.63-0.810.440.30.880.440.41-0.250.280.830.520.550.350.410.60.14-0.320.350.24-0.26-0.140.220.060.76
0.990.2-0.260.920.990.440.051.00.710.890.160.610.960.35-0.450.070.850.090.990.910.710.510.680.570.25
-0.470.32-0.28-0.32-0.480.230.33-0.42-0.6-0.490.6-0.2-0.330.41-0.450.4-0.35-0.09-0.47-0.57-0.59-0.44-0.35-0.30.65
0.00.93-0.520.120.00.740.90.09-0.21-0.080.880.490.170.60.070.4-0.18-0.410.0-0.17-0.36-0.53-0.310.320.45
0.88-0.10.150.830.890.22-0.220.840.840.87-0.020.320.730.140.85-0.35-0.180.160.880.880.880.730.720.440.14
0.1-0.440.170.10.11-0.41-0.40.060.07-0.11-0.270.070.04-0.320.09-0.09-0.410.160.090.080.250.340.25-0.16-0.15
1.00.13-0.210.921.00.43-0.030.990.720.930.10.610.950.350.99-0.470.00.880.090.950.740.60.740.50.21
0.95-0.05-0.030.830.940.36-0.220.910.750.95-0.080.570.840.240.91-0.57-0.170.880.080.950.790.740.80.380.01
0.74-0.250.480.630.76-0.06-0.290.660.950.78-0.350.260.51-0.260.71-0.59-0.360.880.250.740.790.810.680.34-0.28
0.6-0.420.390.480.6-0.02-0.540.510.610.73-0.430.260.4-0.140.51-0.44-0.530.730.340.60.740.810.89-0.18-0.29
0.74-0.13-0.030.690.730.27-0.310.70.470.82-0.150.450.670.220.68-0.35-0.310.720.250.740.80.680.89-0.180.02
0.50.26-0.050.420.530.190.280.520.580.340.220.240.460.060.57-0.30.320.44-0.160.50.380.34-0.18-0.180.13
0.20.47-0.70.370.180.50.360.28-0.240.070.720.110.40.760.250.650.450.14-0.150.210.01-0.28-0.290.020.13
Click cells to compare fundamentals

Royal Bank Account Relationship Matchups

Royal Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4T1.6T1.7T1.9T2.0T10.1B
Short Long Term Debt Total9.9B305.0B425.2B439.3B505.2B530.4B
Other Current Liab(2.6B)(2.9B)(3.5B)(4.3B)(3.8B)208.1M
Total Current Liabilities107.7B90.1B110.0B159.6B132.6B1.0B
Total Stockholder Equity83.5B86.7B98.7B108.1B117.7B3.4B
Property Plant And Equipment Net7.9B7.4B7.2B6.7B7.8B8.1B
Net Debt(148.0B)111.6B244.8B306.2B352.1B369.7B
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 Total299.8B308.1B344.5B435.5B500.8B525.8B
Non Currrent Assets Other(2.6B)(2.0B)(1.5B)(2.4B)(2.2B)(2.3B)
Other Assets974.0B1.0T1.1T1.3T1.3T1.5B
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 Total12.9B209.1B159.6B331.5B381.2B400.3B
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 Assets186.9B316.3B253.6B266.8B241.9B716.9M
Short Term Debt99.4B80.6B99.5B143.0B112.0B336.7M
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

Royal Bank Investors Sentiment

The influence of Royal Bank's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Royal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Royal Bank's public news can be used to forecast risks associated with an investment in Royal. The trend in average sentiment can be used to explain how an investor holding Royal can time the market purely based on public headlines and social activities around Royal Bank of. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Royal Bank's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Royal Bank's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Royal Bank's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Royal Bank.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Royal Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Royal Bank's short interest history, or implied volatility extrapolated from Royal Bank options trading.

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When determining whether Royal Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Royal Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Royal Bank Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Royal Bank Of Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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.
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Is Royal Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Royal Bank. If investors know Royal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Royal Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.121
Dividend Share
5.4
Earnings Share
7.86
Revenue Per Share
38.304
Quarterly Revenue Growth
(0.01)
The market value of Royal Bank is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Bank's value that differs from its market value or its book value, called intrinsic value, which is Royal Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Royal Bank's market value can be influenced by many factors that don't directly affect Royal Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Royal Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.