Royal Operating Income vs Total Other Income Expense Net Analysis

RY Stock  CAD 134.01  0.13  0.1%   
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 Operating Income and its Total Other Income Expense Net 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.

Operating Income vs Total Other Income Expense Net

Operating Income vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Bank Operating Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Royal Bank's Operating Income and Total Other Income Expense Net is -0.88. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Other Income Expense Net 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 Operating Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Royal Bank of are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Operating Income i.e., Royal Bank's Operating Income and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Operating Income

Operating Income is the amount of profit realized from Royal Bank operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Royal Bank of is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Other Income Expense Net

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 30th 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 Expense18.1B71.1B74.7B
Depreciation And Amortization2.7B3.0B3.2B

Royal Bank fundamental ratios Correlations

0.810.060.941.00.870.641.00.870.860.98-0.890.940.620.530.80.150.451.00.870.851.00.970.720.690.84
0.810.260.870.830.690.950.840.790.70.77-0.660.680.320.380.930.440.70.810.820.680.820.870.450.420.64
0.060.260.010.050.150.370.080.49-0.020.00.15-0.09-0.35-0.010.070.530.070.060.250.050.050.1-0.34-0.37-0.19
0.940.870.010.950.790.720.950.810.810.88-0.80.860.570.390.840.290.650.940.810.840.950.980.630.60.8
1.00.830.050.950.840.671.00.870.840.97-0.880.930.590.550.820.140.51.00.850.831.00.980.730.70.85
0.870.690.150.790.840.480.870.790.960.8-0.740.910.610.240.710.40.110.870.940.940.860.790.470.450.62
0.640.950.370.720.670.480.670.70.450.61-0.480.460.070.390.810.460.730.640.650.470.650.730.30.270.48
1.00.840.080.951.00.870.670.880.870.96-0.870.930.610.490.830.20.481.00.890.861.00.980.690.660.82
0.870.790.490.810.870.790.70.880.70.82-0.660.740.330.470.720.340.380.870.850.720.870.870.440.40.6
0.860.7-0.020.810.840.960.450.870.70.8-0.790.910.760.20.780.310.190.860.930.910.860.790.550.540.68
0.980.770.00.880.970.80.610.960.820.8-0.940.930.630.630.740.010.410.980.790.750.970.940.80.770.87
-0.89-0.660.15-0.8-0.88-0.74-0.48-0.87-0.66-0.79-0.94-0.89-0.77-0.48-0.670.06-0.36-0.89-0.7-0.67-0.89-0.84-0.87-0.86-0.91
0.940.68-0.090.860.930.910.460.930.740.910.93-0.890.680.450.680.090.240.950.820.910.930.870.740.710.83
0.620.32-0.350.570.590.610.070.610.330.760.63-0.770.680.150.46-0.10.120.620.530.540.640.570.670.670.66
0.530.38-0.010.390.550.240.390.490.470.20.63-0.480.450.150.32-0.430.180.530.250.180.510.490.70.690.62
0.80.930.070.840.820.710.810.830.720.780.74-0.670.680.460.320.340.60.80.860.680.820.830.480.470.62
0.150.440.530.290.140.40.460.20.340.310.010.060.09-0.1-0.430.340.260.150.470.420.150.21-0.4-0.42-0.13
0.450.70.070.650.50.110.730.480.380.190.41-0.360.240.120.180.60.260.440.280.250.480.610.30.280.47
1.00.810.060.941.00.870.641.00.870.860.98-0.890.950.620.530.80.150.440.870.851.00.970.720.690.84
0.870.820.250.810.850.940.650.890.850.930.79-0.70.820.530.250.860.470.280.870.860.870.830.420.40.59
0.850.680.050.840.830.940.470.860.720.910.75-0.670.910.540.180.680.420.250.850.860.840.790.450.430.64
1.00.820.050.951.00.860.651.00.870.860.97-0.890.930.640.510.820.150.481.00.870.840.980.720.690.84
0.970.870.10.980.980.790.730.980.870.790.94-0.840.870.570.490.830.210.610.970.830.790.980.660.630.82
0.720.45-0.340.630.730.470.30.690.440.550.8-0.870.740.670.70.48-0.40.30.720.420.450.720.661.00.95
0.690.42-0.370.60.70.450.270.660.40.540.77-0.860.710.670.690.47-0.420.280.690.40.430.690.631.00.93
0.840.64-0.190.80.850.620.480.820.60.680.87-0.910.830.660.620.62-0.130.470.840.590.640.840.820.950.93
Click cells to compare fundamentals

Royal Bank Account Relationship Matchups

Royal Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6T1.7T1.9T2.0T2.3T2.4T
Short Long Term Debt Total9.8B9.9B305.0B425.2B489.0B513.4B
Other Current Liab(107.7B)(90.1B)(110.0B)(654M)(588.6M)(618.0M)
Total Current Liabilities107.7B90.1B110.0B159.6B183.5B192.7B
Total Stockholder Equity86.7B98.7B108.1B117.7B135.3B142.1B
Property Plant And Equipment Net7.9B7.4B7.2B6.7B7.8B8.1B
Net Debt(148.0B)111.6B244.8B301.4B346.7B364.0B
Retained Earnings59.8B71.8B78.0B84.3B97.0B101.8B
Accounts Payable9.5B10.5B17.3B20.6B23.7B24.9B
Cash157.9B193.5B180.4B133.1B153.0B160.7B
Non Current Assets Total268.1B299.8B308.1B344.5B396.2B416.0B
Non Currrent Assets Other(268.1B)(299.8B)(308.1B)(344.5B)(310.1B)(294.6B)
Cash And Short Term Investments167.1B297.6B231.0B240.6B276.7B290.5B
Net Receivables18.6B22.5B26.2B12.1B14.0B11.9B
Common Stock Shares Outstanding1.4B1.4B1.4B1.4B1.6B1.5B
Liabilities And Stockholders Equity1.4T1.6T1.7T1.9T2.2T2.3T
Non Current Liabilities Total12.5B12.9B209.1B159.6B183.5B192.7B
Other Current Assets89.7B102.2B108.2B129.6B116.6B123.2B
Other Stockholder Equity4.2B(132M)2.4B5.4B4.8B5.1B
Total Liab1.5T1.6T1.8T1.9T2.2T2.3T
Property Plant And Equipment Gross7.9B15.1B12.4B12.8B14.8B15.5B
Total Current Assets186.9B316.3B253.6B266.8B306.9B322.2B
Other Assets974.0B1.0T1.1T1.3T1.5T1.6T
Short Term Debt99.4B80.6B99.5B143.0B164.4B172.6B
Common Stock17.6B17.5B17.7B17.3B19.9B14.7B
Good Will11.3B10.9B12.3B12.6B14.5B10.3B
Short Term Investments139.7B37.5B60.2B78.9B90.8B85.6B
Intangible Assets4.8B4.5B6.1B5.9B6.8B3.6B
Other Liab25.2B28.3B29.3B26.3B30.3B28.1B
Net Tangible Assets61.9B64.7B76.7B82.4B94.7B64.3B
Long Term Debt23.2B33.3B12.3B323.1B371.6B390.2B
Long Term Investments280.8B285.4B318.9B410.2B471.8B257.1B
Short Long Term Debt80.0B98.9B142.3B111.4B128.1B138.9B
Property Plant Equipment3.2B7.9B7.4B7.2B8.3B4.8B
Long Term Debt Total9.8B28.5B38.3B17.4B20.0B17.8B
Earning Assets664.6B741.3B795.7B825.0B948.8B742.9B
Net Invested Capital90.6B391.9B520.8B544.9B626.6B657.9B

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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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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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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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.