Royal Minority Interest from 2010 to 2024

RY Stock  USD 125.27  1.12  0.90%   
Royal Bank Minority Interest yearly trend continues to be fairly stable with very little volatility. Minority Interest is likely to outpace its year average in 2024. During the period from 2010 to 2024, Royal Bank Minority Interest regression line of annual values had significance of  0.000034 and arithmetic mean of  214,020,167. View All Fundamentals
 
Minority Interest  
First Reported
2000-01-31
Previous Quarter
-2 M
Current Value
-3 M
Quarterly Volatility
759.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Royal Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Royal Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.5 B, Interest Expense of 0.0 or Selling General Administrative of 416.7 M, as well as many indicators such as Price To Sales Ratio of 2.13, Dividend Yield of 0.0424 or PTB Ratio of 1.5. Royal financial statements analysis is a perfect complement when working with Royal Bank Valuation or Volatility modules.
  
Check out the analysis of Royal Bank Correlation against competitors.

Latest Royal Bank's Minority Interest Growth Pattern

Below is the plot of the Minority Interest of Royal Bank of over the last few years. Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Royal Bank of whose combined shares represent less than 50% of the total outstanding shares issued by Royal Bank have a minority interest in Royal Bank. It is Royal Bank's Minority Interest historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Royal Bank's overall financial position and show how it may be relating to other accounts over time.
Minority Interest10 Years Trend
Slightly volatile
   Minority Interest   
       Timeline  

Royal Minority Interest Regression Statistics

Arithmetic Mean214,020,167
Coefficient Of Variation124.54
Mean Deviation239,986,556
Median94,000,000
Standard Deviation266,541,046
Sample Variance71044.1T
Range587M
R-Value(0.86)
Mean Square Error19519.6T
R-Squared0.74
Significance0.000034
Slope(51,438,688)
Total Sum of Squares994617.8T

Royal Minority Interest History

2024-7.6 M
2023-8.1 M
2022-7 M
2021-13 M
2020-12 M
2019103 M
2018102 M

About Royal Bank Financial Statements

Royal Bank investors use historical fundamental indicators, such as Royal Bank's Minority Interest, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Royal Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Minority Interest-8.1 M-7.6 M

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Additional 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.