Royal Net Receivables vs Short Term Debt Analysis

RY Stock

CAD 134.14 0.67 0.50%

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 Net Receivables and its Short Term Debt 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 estimate.

Net Receivables vs Short Term Debt

Net Receivables vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Bank Net Receivables account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Royal Bank's Net Receivables and Short Term Debt is 0.57. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Term Debt 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 Net Receivables and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Royal Bank of are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Receivables i.e., Royal Bank's Net Receivables and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.57

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Receivables

Short Term Debt

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 estimate.

At this time, Royal Bank's Selling General Administrative is very stable compared to the past year. As of the 28th of April 2024, Issuance Of Capital Stock is likely to grow to about 4.8 B, while Tax Provision is likely to drop about 3.7 B.

	2021	2023	2024 (projected)
Interest Expense	18.1B	71.1B	74.7B
Depreciation And Amortization	2.7B	3.0B	3.2B

Interest Expense Depreciation And Amortization

Royal Bank fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Good Will
Total Assets		0.81	0.06	0.94	1.0	0.87	0.64	1.0	0.87	0.86	0.98	-0.89	0.94	0.62	0.53	0.8	0.15	0.45	1.0	0.87	0.85	1.0	0.97	0.72	0.69	0.84
Short Long Term Debt Total	0.81		0.26	0.87	0.83	0.69	0.95	0.84	0.79	0.7	0.77	-0.66	0.68	0.32	0.38	0.93	0.44	0.7	0.81	0.82	0.68	0.82	0.87	0.45	0.42	0.64
Other Current Liab	0.06	0.26		0.01	0.05	0.15	0.37	0.08	0.49	-0.02	0.0	0.15	-0.09	-0.35	-0.01	0.07	0.53	0.07	0.06	0.25	0.05	0.05	0.1	-0.34	-0.37	-0.19
Total Current Liabilities	0.94	0.87	0.01		0.95	0.79	0.72	0.95	0.81	0.81	0.88	-0.8	0.86	0.57	0.39	0.84	0.29	0.65	0.94	0.81	0.84	0.95	0.98	0.63	0.6	0.8
Total Stockholder Equity	1.0	0.83	0.05	0.95		0.84	0.67	1.0	0.87	0.84	0.97	-0.88	0.93	0.59	0.55	0.82	0.14	0.5	1.0	0.85	0.83	1.0	0.98	0.73	0.7	0.85
Property Plant And Equipment Net	0.87	0.69	0.15	0.79	0.84		0.48	0.87	0.79	0.96	0.8	-0.74	0.91	0.61	0.24	0.71	0.4	0.11	0.87	0.94	0.94	0.86	0.79	0.47	0.45	0.62
Net Debt	0.64	0.95	0.37	0.72	0.67	0.48		0.67	0.7	0.45	0.61	-0.48	0.46	0.07	0.39	0.81	0.46	0.73	0.64	0.65	0.47	0.65	0.73	0.3	0.27	0.48
Retained Earnings	1.0	0.84	0.08	0.95	1.0	0.87	0.67		0.88	0.87	0.96	-0.87	0.93	0.61	0.49	0.83	0.2	0.48	1.0	0.89	0.86	1.0	0.98	0.69	0.66	0.82
Accounts Payable	0.87	0.79	0.49	0.81	0.87	0.79	0.7	0.88		0.7	0.82	-0.66	0.74	0.33	0.47	0.72	0.34	0.38	0.87	0.85	0.72	0.87	0.87	0.44	0.4	0.6
Cash	0.86	0.7	-0.02	0.81	0.84	0.96	0.45	0.87	0.7		0.8	-0.79	0.91	0.76	0.2	0.78	0.31	0.19	0.86	0.93	0.91	0.86	0.79	0.55	0.54	0.68
Non Current Assets Total	0.98	0.77	0.0	0.88	0.97	0.8	0.61	0.96	0.82	0.8		-0.94	0.93	0.63	0.63	0.74	0.01	0.41	0.98	0.79	0.75	0.97	0.94	0.8	0.77	0.87
Non Currrent Assets Other	-0.89	-0.66	0.15	-0.8	-0.88	-0.74	-0.48	-0.87	-0.66	-0.79	-0.94		-0.89	-0.77	-0.48	-0.67	0.06	-0.36	-0.89	-0.7	-0.67	-0.89	-0.84	-0.87	-0.86	-0.91
Cash And Short Term Investments	0.94	0.68	-0.09	0.86	0.93	0.91	0.46	0.93	0.74	0.91	0.93	-0.89		0.68	0.45	0.68	0.09	0.24	0.95	0.82	0.91	0.93	0.87	0.74	0.71	0.83
Net Receivables	0.62	0.32	-0.35	0.57	0.59	0.61	0.07	0.61	0.33	0.76	0.63	-0.77	0.68		0.15	0.46	-0.1	0.12	0.62	0.53	0.54	0.64	0.57	0.67	0.67	0.66
Common Stock Shares Outstanding	0.53	0.38	-0.01	0.39	0.55	0.24	0.39	0.49	0.47	0.2	0.63	-0.48	0.45	0.15		0.32	-0.43	0.18	0.53	0.25	0.18	0.51	0.49	0.7	0.69	0.62
Non Current Liabilities Total	0.8	0.93	0.07	0.84	0.82	0.71	0.81	0.83	0.72	0.78	0.74	-0.67	0.68	0.46	0.32		0.34	0.6	0.8	0.86	0.68	0.82	0.83	0.48	0.47	0.62
Other Current Assets	0.15	0.44	0.53	0.29	0.14	0.4	0.46	0.2	0.34	0.31	0.01	0.06	0.09	-0.1	-0.43	0.34		0.26	0.15	0.47	0.42	0.15	0.21	-0.4	-0.42	-0.13
Other Stockholder Equity	0.45	0.7	0.07	0.65	0.5	0.11	0.73	0.48	0.38	0.19	0.41	-0.36	0.24	0.12	0.18	0.6	0.26		0.44	0.28	0.25	0.48	0.61	0.3	0.28	0.47
Total Liab	1.0	0.81	0.06	0.94	1.0	0.87	0.64	1.0	0.87	0.86	0.98	-0.89	0.95	0.62	0.53	0.8	0.15	0.44		0.87	0.85	1.0	0.97	0.72	0.69	0.84
Property Plant And Equipment Gross	0.87	0.82	0.25	0.81	0.85	0.94	0.65	0.89	0.85	0.93	0.79	-0.7	0.82	0.53	0.25	0.86	0.47	0.28	0.87		0.86	0.87	0.83	0.42	0.4	0.59
Total Current Assets	0.85	0.68	0.05	0.84	0.83	0.94	0.47	0.86	0.72	0.91	0.75	-0.67	0.91	0.54	0.18	0.68	0.42	0.25	0.85	0.86		0.84	0.79	0.45	0.43	0.64
Other Assets	1.0	0.82	0.05	0.95	1.0	0.86	0.65	1.0	0.87	0.86	0.97	-0.89	0.93	0.64	0.51	0.82	0.15	0.48	1.0	0.87	0.84		0.98	0.72	0.69	0.84
Short Term Debt	0.97	0.87	0.1	0.98	0.98	0.79	0.73	0.98	0.87	0.79	0.94	-0.84	0.87	0.57	0.49	0.83	0.21	0.61	0.97	0.83	0.79	0.98		0.66	0.63	0.82
Common Stock Total Equity	0.72	0.45	-0.34	0.63	0.73	0.47	0.3	0.69	0.44	0.55	0.8	-0.87	0.74	0.67	0.7	0.48	-0.4	0.3	0.72	0.42	0.45	0.72	0.66		1.0	0.95
Common Stock	0.69	0.42	-0.37	0.6	0.7	0.45	0.27	0.66	0.4	0.54	0.77	-0.86	0.71	0.67	0.69	0.47	-0.42	0.28	0.69	0.4	0.43	0.69	0.63	1.0		0.93
Good Will	0.84	0.64	-0.19	0.8	0.85	0.62	0.48	0.82	0.6	0.68	0.87	-0.91	0.83	0.66	0.62	0.62	-0.13	0.47	0.84	0.59	0.64	0.84	0.82	0.95	0.93

Click cells to compare fundamentals

Royal Bank Account Relationship Matchups

Royal Bank fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6T	1.7T	1.9T	2.0T	2.3T	2.4T
Short Long Term Debt Total	9.8B	9.9B	305.0B	425.2B	489.0B	513.4B
Other Current Liab	(107.7B)	(90.1B)	(110.0B)	(654M)	(588.6M)	(618.0M)
Total Current Liabilities	107.7B	90.1B	110.0B	159.6B	183.5B	192.7B
Total Stockholder Equity	86.7B	98.7B	108.1B	117.7B	135.3B	142.1B
Property Plant And Equipment Net	7.9B	7.4B	7.2B	6.7B	7.8B	8.1B
Net Debt	(148.0B)	111.6B	244.8B	301.4B	346.7B	364.0B
Retained Earnings	59.8B	71.8B	78.0B	84.3B	97.0B	101.8B
Accounts Payable	9.5B	10.5B	17.3B	20.6B	23.7B	24.9B
Cash	157.9B	193.5B	180.4B	133.1B	153.0B	160.7B
Non Current Assets Total	268.1B	299.8B	308.1B	344.5B	396.2B	416.0B
Non Currrent Assets Other	(268.1B)	(299.8B)	(308.1B)	(344.5B)	(310.1B)	(294.6B)
Cash And Short Term Investments	167.1B	297.6B	231.0B	240.6B	276.7B	290.5B
Net Receivables	18.6B	22.5B	26.2B	12.1B	14.0B	11.9B
Common Stock Shares Outstanding	1.4B	1.4B	1.4B	1.4B	1.6B	1.5B
Liabilities And Stockholders Equity	1.4T	1.6T	1.7T	1.9T	2.2T	2.3T
Non Current Liabilities Total	12.5B	12.9B	209.1B	159.6B	183.5B	192.7B
Other Current Assets	89.7B	102.2B	108.2B	129.6B	116.6B	123.2B
Other Stockholder Equity	4.2B	(132M)	2.4B	5.4B	4.8B	5.1B
Total Liab	1.5T	1.6T	1.8T	1.9T	2.2T	2.3T
Property Plant And Equipment Gross	7.9B	15.1B	12.4B	12.8B	14.8B	15.5B
Total Current Assets	186.9B	316.3B	253.6B	266.8B	306.9B	322.2B
Other Assets	974.0B	1.0T	1.1T	1.3T	1.5T	1.6T
Short Term Debt	99.4B	80.6B	99.5B	143.0B	164.4B	172.6B
Common Stock	17.6B	17.5B	17.7B	17.3B	19.9B	14.7B
Good Will	11.3B	10.9B	12.3B	12.6B	14.5B	10.3B
Short Term Investments	139.7B	37.5B	60.2B	78.9B	90.8B	85.6B
Intangible Assets	4.8B	4.5B	6.1B	5.9B	6.8B	3.6B
Other Liab	25.2B	28.3B	29.3B	26.3B	30.3B	28.1B
Net Tangible Assets	61.9B	64.7B	76.7B	82.4B	94.7B	64.3B
Long Term Debt	23.2B	33.3B	12.3B	323.1B	371.6B	390.2B
Long Term Investments	280.8B	285.4B	318.9B	410.2B	471.8B	257.1B
Short Long Term Debt	80.0B	98.9B	142.3B	111.4B	128.1B	138.9B
Property Plant Equipment	3.2B	7.9B	7.4B	7.2B	8.3B	4.8B
Long Term Debt Total	9.8B	28.5B	38.3B	17.4B	20.0B	17.8B
Earning Assets	664.6B	741.3B	795.7B	825.0B	948.8B	742.9B
Net Invested Capital	90.6B	391.9B	520.8B	544.9B	626.6B	657.9B

Currently Active Assets on Macroaxis

GM	General Motors
S	SentinelOne
MSFT	Microsoft
C	Citigroup
F	Ford Motor

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:

How To Invest In Royal

Details

Is Royal Stock a good investment?

Details

What is Royal Bank's Net Worth?

Details

Largest Diversified Banks Companies

View

Largest Banks - Diversified Companies

View

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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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.

	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Royal Net Receivables vs Short Term Debt Analysis

Net Receivables vs Short Term Debt

Net Receivables vs Short Term Debt Correlation Analysis

Correlation Coefficient

Net Receivables

Short Term Debt

Royal Bank fundamental ratios Correlations

Royal Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Royal Bank fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for Royal Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Other Assets	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Total Stockholder Equity

Non Currrent Assets Other	- 0.94	Non Current Assets Total
Good Will	- 0.91	Non Currrent Assets Other
Other Assets	- 0.89	Non Currrent Assets Other
Total Liab	- 0.89	Non Currrent Assets Other
Cash And Short Term Investments	- 0.89	Non Currrent Assets Other
Non Currrent Assets Other	- 0.89	Total Assets