Royal Bank Of Stock Z Score
| RY Stock | CAD 136.41 1.38 1.02% |
Royal Bank of fundamentals help investors to digest information that contributes to Royal Bank's financial success or failures. It also enables traders to predict the movement of Royal Stock. The fundamental analysis module provides a way to measure Royal Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Royal Bank stock.
Royal | Z_Score |
Royal Bank of Company Z Score Analysis
Royal Bank's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Royal Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Royal Bank is extremely important. It helps to project a fair market value of Royal Stock properly, considering its historical fundamentals such as Z Score. Since Royal Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Royal Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Royal Bank's interrelated accounts and indicators.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
Based on the company's disclosures, Royal Bank of has a Z Score of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The z score for all Canada stocks is 100.0% higher than that of the company.
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Royal Bank ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Royal Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Royal Bank's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Royal Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0078 | ||||
| Profit Margin | 0.29 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | (30.24 B) | ||||
| Shares Outstanding | 1.41 B | ||||
| Shares Owned By Institutions | 51.18 % | ||||
| Number Of Shares Shorted | 12.36 M | ||||
| Price To Earning | 16.69 X | ||||
| Price To Book | 1.77 X | ||||
| Price To Sales | 3.58 X | ||||
| Revenue | 56.26 B | ||||
| Gross Profit | 48.5 B | ||||
| EBITDA | 40.8 B | ||||
| Net Income | 14.86 B | ||||
| Cash And Equivalents | 701.08 B | ||||
| Cash Per Share | 503.75 X | ||||
| Total Debt | 111.39 B | ||||
| Debt To Equity | 0.14 % | ||||
| Book Value Per Share | 76.95 X | ||||
| Cash Flow From Operations | 26.08 B | ||||
| Short Ratio | 3.30 X | ||||
| Earnings Per Share | 10.78 X | ||||
| Price To Earnings To Growth | 3.32 X | ||||
| Target Price | 142.94 | ||||
| Number Of Employees | 90.17 K | ||||
| Beta | 0.83 | ||||
| Market Capitalization | 192.87 B | ||||
| Total Asset | 2 T | ||||
| Retained Earnings | 84.33 B | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 3.80 % | ||||
| Net Asset | 2 T | ||||
| Last Dividend Paid | 5.4 |
About Royal Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Royal Bank of's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Royal Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Royal Bank of based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 estimate. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Royal Stock analysis
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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