Royal Non Current Liabilities Total vs Other Stockholder Equity Analysis

0QKU Stock   126.58  0.21  0.17%   
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 Non Current Liabilities Total and its Other Stockholder Equity accounts. Check out Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Liabilities Total vs Other Stockholder Equity

Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Bank Non Current Liabilities Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Royal Bank's Non Current Liabilities Total and Other Stockholder Equity is -0.49. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Stockholder Equity 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 Non Current Liabilities Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Royal Bank of are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Royal Bank's Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Total

Other Stockholder Equity

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 Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 2.4 B in 2024
 2021 2022 2023 2024 (projected)
Gross Profit35.6B53.7B61.7B36.4B
Total Revenue48.5B53.7B61.7B44.2B

Royal Bank fundamental ratios Correlations

0.960.990.880.31.00.730.920.920.980.730.93-0.550.94-0.591.00.730.940.890.88-0.530.680.880.90.790.9
0.960.960.810.360.960.60.850.850.960.60.86-0.570.87-0.50.960.60.890.830.9-0.610.60.940.940.880.95
0.990.960.830.361.00.680.930.930.970.680.95-0.550.95-0.590.990.680.950.910.87-0.550.650.870.880.790.88
0.880.810.83-0.070.860.930.740.730.90.930.7-0.460.78-0.510.880.930.730.660.73-0.370.760.790.850.620.82
0.30.360.36-0.070.31-0.270.530.540.18-0.270.51-0.210.490.070.29-0.270.420.380.54-0.32-0.110.250.220.370.27
1.00.961.00.860.310.720.920.920.980.720.93-0.540.94-0.581.00.720.940.880.86-0.520.660.880.890.790.89
0.730.60.680.93-0.270.720.640.640.751.00.57-0.330.68-0.510.741.00.590.540.47-0.160.740.570.640.350.59
0.920.850.930.740.530.920.641.00.860.640.94-0.471.0-0.460.920.640.890.840.81-0.450.570.730.750.650.75
0.920.850.930.730.540.920.641.00.850.640.94-0.471.0-0.460.910.640.880.840.81-0.440.560.730.750.650.74
0.980.960.970.90.180.980.750.860.850.750.87-0.560.88-0.610.980.750.90.840.83-0.520.710.910.930.820.92
0.730.60.680.93-0.270.721.00.640.640.750.57-0.330.68-0.510.741.00.590.540.47-0.160.740.570.640.350.59
0.930.860.950.70.510.930.570.940.940.870.57-0.540.94-0.630.930.570.970.960.86-0.540.590.750.770.720.77
-0.55-0.57-0.55-0.46-0.21-0.54-0.33-0.47-0.47-0.56-0.33-0.54-0.490.31-0.55-0.33-0.49-0.59-0.560.82-0.81-0.73-0.74-0.76-0.71
0.940.870.950.780.490.940.681.01.00.880.680.94-0.49-0.490.940.680.90.850.82-0.460.60.760.780.670.77
-0.59-0.5-0.59-0.510.07-0.58-0.51-0.46-0.46-0.61-0.51-0.630.31-0.49-0.59-0.51-0.73-0.7-0.40.28-0.42-0.45-0.48-0.37-0.46
1.00.960.990.880.291.00.740.920.910.980.740.93-0.550.94-0.590.740.940.880.88-0.530.680.880.90.790.9
0.730.60.680.93-0.270.721.00.640.640.751.00.57-0.330.68-0.510.740.590.540.47-0.160.740.570.640.350.59
0.940.890.950.730.420.940.590.890.880.90.590.97-0.490.9-0.730.940.590.930.87-0.490.540.780.80.730.81
0.890.830.910.660.380.880.540.840.840.840.540.96-0.590.85-0.70.880.540.930.78-0.640.650.750.760.740.76
0.880.90.870.730.540.860.470.810.810.830.470.86-0.560.82-0.40.880.470.870.78-0.580.520.840.870.820.9
-0.53-0.61-0.55-0.37-0.32-0.52-0.16-0.45-0.44-0.52-0.16-0.540.82-0.460.28-0.53-0.16-0.49-0.64-0.58-0.6-0.68-0.69-0.75-0.69
0.680.60.650.76-0.110.660.740.570.560.710.740.59-0.810.6-0.420.680.740.540.650.52-0.60.750.790.670.72
0.880.940.870.790.250.880.570.730.730.910.570.75-0.730.76-0.450.880.570.780.750.84-0.680.750.990.960.99
0.90.940.880.850.220.890.640.750.750.930.640.77-0.740.78-0.480.90.640.80.760.87-0.690.790.990.940.99
0.790.880.790.620.370.790.350.650.650.820.350.72-0.760.67-0.370.790.350.730.740.82-0.750.670.960.940.94
0.90.950.880.820.270.890.590.750.740.920.590.77-0.710.77-0.460.90.590.810.760.9-0.690.720.990.990.94
Click cells to compare fundamentals

Royal Bank Account Relationship Matchups

Royal Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6T1.7T1.9T2.0T2.3T1.5T
Total Current Liabilities15.4B18.0B25.0B28.1B32.3B16.3B
Total Stockholder Equity86.7B98.7B108.1B117.7B135.3B84.9B
Property Plant And Equipment Net7.9B7.4B7.2B6.7B7.8B4.7B
Net Debt8.9B(10.3B)94.0B95.3B109.6B71.6B
Retained Earnings59.8B71.8B78.0B84.3B97.0B55.8B
Cash115.9B111.8B70.4B59.0B67.8B45.4B
Non Current Assets Total1.5T1.6T1.8T1.9T2.2T1.4T
Non Currrent Assets Other1.5T1.6T1.8T1.9T2.2T1.3T
Other Assets1.1T1.1T1.3T1.3T1.5T1.1T
Cash And Short Term Investments115.9B111.8B70.4B59.0B67.8B45.4B
Good Will11.3B10.9B12.3B12.6B14.5B11.5B
Common Stock Shares Outstanding1.4B1.4B1.4B1.4B1.3B1.2B
Non Current Liabilities Total1.5T1.6T1.8T1.9T2.2T1.3T
Other Stockholder Equity(129M)(73M)(334M)(231M)(207.9M)(197.5M)
Total Liab1.5T1.6T1.8T1.9T2.2T1.4T
Total Current Assets115.9B111.8B70.4B59.0B67.8B45.4B
Intangible Assets4.8B4.5B6.1B5.9B6.8B4.7B
Common Stock17.6B17.7B17.3B19.4B22.3B18.4B
Short Long Term Debt Total124.8B101.5B164.4B154.3B177.4B127.6B
Liabilities And Stockholders Equity1.6T1.7T1.9T2.0T2.3T1.5T
Accumulated Other Comprehensive Income3.4B2.5B5.7B6.9B7.9B4.5B
Other Current Liab73.0B81.3B85.4B28.1B25.3B24.0B

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