Royal Total Revenue vs Ebitda 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 Total Revenue and its Ebitda 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.
Total Revenue vs Ebitda
Total Revenue vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Bank Total Revenue account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Royal Bank's Total Revenue and Ebitda is 0.97. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebitda 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 Total Revenue and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Royal Bank of are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Total Revenue i.e., Royal Bank's Total Revenue and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Royal Bank generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Ebitda
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 Expense | 18.1B | 71.1B | 74.7B | Depreciation And Amortization | 2.7B | 3.0B | 3.2B |
Royal Bank fundamental ratios Correlations
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Royal Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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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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