Royal Deferred Long Term Liab vs Treasury Stock Analysis

RY Stock  USD 122.27  0.48  0.39%   
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 Deferred Long Term Liab and its Treasury Stock 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.

Deferred Long Term Liab vs Treasury Stock

Deferred Long Term Liab vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Bank Deferred Long Term Liab account and Treasury Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Royal Bank's Deferred Long Term Liab and Treasury Stock is -0.43. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Treasury Stock 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 Deferred Long Term Liab and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Royal Bank of are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Deferred Long Term Liab i.e., Royal Bank's Deferred Long Term Liab and Treasury Stock go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Treasury Stock

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

Royal Bank fundamental ratios Correlations

0.17-0.210.921.00.430.010.990.720.920.10.470.950.360.99-0.470.00.880.11.00.950.740.60.740.50.2
0.17-0.660.310.160.820.920.27-0.160.080.910.650.370.730.240.350.93-0.06-0.380.170.09-0.26-0.4-0.080.250.54
-0.21-0.66-0.31-0.17-0.62-0.41-0.310.46-0.04-0.66-0.54-0.5-0.8-0.26-0.28-0.520.150.17-0.21-0.160.480.39-0.03-0.05-0.7
0.920.31-0.310.910.450.10.930.60.820.230.420.920.450.92-0.320.120.830.10.920.880.630.480.690.420.37
1.00.16-0.170.910.40.010.990.750.920.090.450.940.320.99-0.480.00.890.111.00.940.760.60.730.530.18
0.430.82-0.620.450.40.620.49-0.020.420.820.680.570.890.440.230.740.22-0.410.430.45-0.06-0.020.270.190.5
0.010.92-0.410.10.010.620.09-0.09-0.060.780.560.150.440.090.320.89-0.17-0.380.01-0.12-0.23-0.48-0.260.290.34
0.990.27-0.310.930.990.490.090.660.90.180.510.980.431.0-0.420.090.840.060.990.920.660.510.70.520.28
0.72-0.160.460.60.75-0.02-0.090.660.74-0.260.040.5-0.220.71-0.6-0.210.840.070.720.670.950.610.470.58-0.24
0.920.08-0.040.820.920.42-0.060.90.74-0.020.360.830.290.89-0.49-0.080.87-0.110.930.930.780.730.820.340.07
0.10.91-0.660.230.090.820.780.18-0.26-0.020.480.30.830.160.580.89-0.04-0.280.10.11-0.35-0.43-0.160.220.7
0.470.65-0.540.420.450.680.560.510.040.360.480.580.540.48-0.10.450.130.00.470.340.050.060.320.180.18
0.950.37-0.50.920.940.570.150.980.50.830.30.580.560.96-0.330.170.730.040.950.880.510.40.670.460.4
0.360.73-0.80.450.320.890.440.43-0.220.290.830.540.560.370.410.610.16-0.310.360.44-0.24-0.120.230.070.74
0.990.24-0.260.920.990.440.091.00.710.890.160.480.960.37-0.450.070.850.090.990.910.710.510.680.570.25
-0.470.35-0.28-0.32-0.480.230.32-0.42-0.6-0.490.58-0.1-0.330.41-0.450.4-0.35-0.09-0.47-0.31-0.59-0.44-0.35-0.30.65
0.00.93-0.520.120.00.740.890.09-0.21-0.080.890.450.170.610.070.4-0.18-0.410.0-0.08-0.36-0.53-0.310.320.45
0.88-0.060.150.830.890.22-0.170.840.840.87-0.040.130.730.160.85-0.35-0.180.160.880.930.880.730.720.440.14
0.1-0.380.170.10.11-0.41-0.380.060.07-0.11-0.280.00.04-0.310.09-0.09-0.410.160.090.050.250.340.25-0.16-0.15
1.00.17-0.210.921.00.430.010.990.720.930.10.470.950.360.99-0.470.00.880.090.950.740.60.740.50.21
0.950.09-0.160.880.940.45-0.120.920.670.930.110.340.880.440.91-0.31-0.080.930.050.950.710.670.790.370.29
0.74-0.260.480.630.76-0.06-0.230.660.950.78-0.350.050.51-0.240.71-0.59-0.360.880.250.740.710.810.680.34-0.28
0.6-0.40.390.480.6-0.02-0.480.510.610.73-0.430.060.4-0.120.51-0.44-0.530.730.340.60.670.810.89-0.18-0.29
0.74-0.08-0.030.690.730.27-0.260.70.470.82-0.160.320.670.230.68-0.35-0.310.720.250.740.790.680.89-0.180.02
0.50.25-0.050.420.530.190.290.520.580.340.220.180.460.070.57-0.30.320.44-0.160.50.370.34-0.18-0.180.13
0.20.54-0.70.370.180.50.340.28-0.240.070.70.180.40.740.250.650.450.14-0.150.210.29-0.28-0.290.020.13
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 Total109.2B305.0B425.2B439.3B505.2B530.4B
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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