Royal Short Term Investments vs Property Plant Equipment 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 Short Term Investments and its Property Plant Equipment 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.

Short Term Investments vs Property Plant Equipment

Short Term Investments vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Bank Short Term Investments account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between Royal Bank's Short Term Investments and Property Plant Equipment is 0.38. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant Equipment 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 Short Term Investments and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Royal Bank of are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Investments i.e., Royal Bank's Short Term Investments and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of Royal Bank balance sheet. It contains any investments Royal Bank of undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Royal Bank can easily liquidate in the marketplace.

Property Plant Equipment

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

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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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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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.