Royal Net Invested Capital vs Intangible Assets Analysis

RY Stock

USD 125.27 1.12 0.90%

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 Invested Capital and its Intangible Assets 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 closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Net Invested Capital vs Intangible Assets

Net Invested Capital vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Bank Net Invested Capital account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Royal Bank's Net Invested Capital and Intangible Assets is -0.46. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Intangible Assets 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 Invested Capital and Intangible Assets 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 Invested Capital of Royal Bank of are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Invested Capital i.e., Royal Bank's Net Invested Capital and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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 closely tied with the direction of predictive economic indicators such as signals in manufacturing.

At this time, Royal Bank's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 20.28 in 2024, whereas Selling General Administrative is likely to drop slightly above 416.7 M in 2024.

	2020	2021	2022	2024 (projected)
Operating Income	20.6B	38.2B	27.2B	650.8M
Other Operating Expenses	28.9B	10.6B	26.5B	315.9M

Operating Income Other Operating Expenses

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	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Liab	Net Tangible Assets	Long Term Debt	Good Will
Total Assets		0.17	-0.3	0.62	1.0	0.43	0.01	0.99	0.72	0.92	-0.09	0.35	0.57	0.36	0.99	-0.47	-0.1	0.88	0.47	1.0	0.95	0.29	0.6	0.74	0.5	0.2
Short Long Term Debt Total	0.17		-0.69	0.38	0.16	0.82	0.92	0.27	-0.16	0.08	0.82	-0.38	0.06	0.73	0.24	0.35	0.83	-0.06	0.1	0.17	0.09	-0.56	-0.4	-0.08	0.25	0.54
Other Current Liab	-0.3	-0.69		-0.42	-0.27	-0.63	-0.46	-0.4	0.33	-0.1	-0.46	0.08	-0.25	-0.79	-0.36	-0.21	-0.44	0.07	-0.23	-0.3	-0.22	0.61	0.42	0.0	-0.24	-0.71
Total Current Liabilities	0.62	0.38	-0.42		0.64	0.32	0.35	0.66	0.55	0.42	0.39	-0.35	-0.23	0.24	0.69	-0.27	0.39	0.5	0.83	0.62	0.49	0.29	-0.15	-0.06	0.97	0.29
Total Stockholder Equity	1.0	0.16	-0.27	0.64		0.4	0.01	0.99	0.75	0.92	-0.09	0.33	0.54	0.32	0.99	-0.48	-0.1	0.89	0.5	1.0	0.94	0.32	0.6	0.73	0.53	0.18
Property Plant And Equipment Net	0.43	0.82	-0.63	0.32	0.4		0.62	0.49	-0.02	0.42	0.65	-0.16	0.37	0.89	0.44	0.23	0.64	0.22	-0.02	0.43	0.45	-0.4	-0.02	0.27	0.19	0.5
Net Debt	0.01	0.92	-0.46	0.35	0.01	0.62		0.09	-0.09	-0.06	0.82	-0.46	-0.18	0.44	0.09	0.32	0.83	-0.17	0.13	0.01	-0.12	-0.44	-0.48	-0.26	0.29	0.34
Retained Earnings	0.99	0.27	-0.4	0.66	0.99	0.49	0.09		0.66	0.9	-0.02	0.32	0.56	0.43	1.0	-0.42	-0.03	0.84	0.48	0.99	0.92	0.19	0.51	0.7	0.52	0.28
Accounts Payable	0.72	-0.16	0.33	0.55	0.75	-0.02	-0.09	0.66		0.74	-0.21	0.13	0.1	-0.22	0.71	-0.6	-0.2	0.84	0.46	0.72	0.67	0.7	0.61	0.47	0.58	-0.24
Cash	0.92	0.08	-0.1	0.42	0.92	0.42	-0.06	0.9	0.74		-0.22	0.44	0.62	0.29	0.89	-0.49	-0.22	0.87	0.17	0.93	0.93	0.23	0.73	0.82	0.34	0.07
Non Current Assets Total	-0.09	0.82	-0.46	0.39	-0.09	0.65	0.82	-0.02	-0.21	-0.22		-0.75	-0.36	0.52	-0.02	0.43	1.0	-0.23	0.27	-0.09	-0.16	-0.25	-0.58	-0.45	0.37	0.36
Non Currrent Assets Other	0.35	-0.38	0.08	-0.35	0.33	-0.16	-0.46	0.32	0.13	0.44	-0.75		0.75	-0.1	0.29	-0.43	-0.75	0.27	-0.28	0.35	0.37	0.0	0.67	0.73	-0.43	-0.22
Other Assets	0.57	0.06	-0.25	-0.23	0.54	0.37	-0.18	0.56	0.1	0.62	-0.36	0.75		0.43	0.51	-0.14	-0.38	0.45	-0.28	0.57	0.62	-0.23	0.69	0.92	-0.41	0.2
Cash And Short Term Investments	0.36	0.73	-0.79	0.24	0.32	0.89	0.44	0.43	-0.22	0.29	0.52	-0.1	0.43		0.37	0.41	0.49	0.16	-0.04	0.36	0.44	-0.52	-0.12	0.23	0.07	0.74
Net Receivables	0.99	0.24	-0.36	0.69	0.99	0.44	0.09	1.0	0.71	0.89	-0.02	0.29	0.51	0.37		-0.45	-0.03	0.85	0.54	0.99	0.91	0.25	0.51	0.68	0.57	0.25
Common Stock Shares Outstanding	-0.47	0.35	-0.21	-0.27	-0.48	0.23	0.32	-0.42	-0.6	-0.49	0.43	-0.43	-0.14	0.41	-0.45		0.4	-0.35	-0.26	-0.47	-0.31	-0.44	-0.44	-0.35	-0.3	0.65
Non Current Liabilities Total	-0.1	0.83	-0.44	0.39	-0.1	0.64	0.83	-0.03	-0.2	-0.22	1.0	-0.75	-0.38	0.49	-0.03	0.4		-0.24	0.26	-0.1	-0.18	-0.25	-0.58	-0.46	0.38	0.32
Other Current Assets	0.88	-0.06	0.07	0.5	0.89	0.22	-0.17	0.84	0.84	0.87	-0.23	0.27	0.45	0.16	0.85	-0.35	-0.24		0.41	0.88	0.93	0.52	0.73	0.72	0.44	0.14
Other Stockholder Equity	0.47	0.1	-0.23	0.83	0.5	-0.02	0.13	0.48	0.46	0.17	0.27	-0.28	-0.28	-0.04	0.54	-0.26	0.26	0.41		0.47	0.32	0.53	-0.09	-0.1	0.82	0.13
Total Liab	1.0	0.17	-0.3	0.62	1.0	0.43	0.01	0.99	0.72	0.93	-0.09	0.35	0.57	0.36	0.99	-0.47	-0.1	0.88	0.47		0.95	0.29	0.6	0.74	0.5	0.21
Total Current Assets	0.95	0.09	-0.22	0.49	0.94	0.45	-0.12	0.92	0.67	0.93	-0.16	0.37	0.62	0.44	0.91	-0.31	-0.18	0.93	0.32	0.95		0.29	0.67	0.79	0.37	0.29
Short Term Debt	0.29	-0.56	0.61	0.29	0.32	-0.4	-0.44	0.19	0.7	0.23	-0.25	0.0	-0.23	-0.52	0.25	-0.44	-0.25	0.52	0.53	0.29	0.29		0.46	0.11	0.41	-0.46
Other Liab	0.6	-0.4	0.42	-0.15	0.6	-0.02	-0.48	0.51	0.61	0.73	-0.58	0.67	0.69	-0.12	0.51	-0.44	-0.58	0.73	-0.09	0.6	0.67	0.46		0.89	-0.18	-0.29
Net Tangible Assets	0.74	-0.08	0.0	-0.06	0.73	0.27	-0.26	0.7	0.47	0.82	-0.45	0.73	0.92	0.23	0.68	-0.35	-0.46	0.72	-0.1	0.74	0.79	0.11	0.89		-0.18	0.02
Long Term Debt	0.5	0.25	-0.24	0.97	0.53	0.19	0.29	0.52	0.58	0.34	0.37	-0.43	-0.41	0.07	0.57	-0.3	0.38	0.44	0.82	0.5	0.37	0.41	-0.18	-0.18		0.13
Good Will	0.2	0.54	-0.71	0.29	0.18	0.5	0.34	0.28	-0.24	0.07	0.36	-0.22	0.2	0.74	0.25	0.65	0.32	0.14	0.13	0.21	0.29	-0.46	-0.29	0.02	0.13

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Royal Bank Account Relationship Matchups

Royal Bank fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4T	1.6T	1.7T	1.9T	2.0T	10.1B
Short Long Term Debt Total	109.2B	305.0B	425.2B	439.4B	505.3B	530.5B
Other Current Liab	(2.6B)	(2.9B)	(14.5B)	(20.1B)	(135.7B)	208.1M
Total Current Liabilities	107.7B	90.1B	110.0B	159.6B	943.3B	1.0B
Total Stockholder Equity	83.5B	86.7B	98.7B	108.1B	117.7B	3.4B
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	306.3B	352.2B	369.8B
Retained Earnings	56.0B	59.8B	71.8B	78.0B	84.3B	1.3B
Accounts Payable	8.3B	9.5B	10.5B	17.3B	20.6B	493.3M
Cash	64.7B	157.9B	193.5B	180.4B	133.1B	5.7M
Non Current Assets Total	299.8B	308.1B	344.5B	2.4T	2.7T	2.8T
Non Currrent Assets Other	(2.6B)	(2.0B)	(1.5B)	(435.5B)	(391.9B)	(372.3B)
Other Assets	974.0B	1.0T	1.1T	1.3T	(593.1B)	1.5B
Cash And Short Term Investments	297.6B	231.0B	240.6B	212.0B	243.8B	256.0B
Net Receivables	19.7B	18.6B	22.5B	26.2B	29.9B	430.4M
Common Stock Shares Outstanding	1.4B	1.4B	1.4B	1.4B	1.6B	1.5B
Liabilities And Stockholders Equity	1.6T	1.7T	1.9T	2.0T	2.3T	2.4T
Non Current Liabilities Total	12.9B	209.1B	159.6B	2.1T	2.4T	2.5T
Other Current Assets	667.7B	768.6B	786.4B	867.4B	875.6B	234.8M
Other Stockholder Equity	4.2B	(132M)	(112M)	(339M)	6.6B	255.6K
Total Liab	1.3T	1.5T	1.6T	1.8T	1.9T	6.6B
Total Current Assets	186.9B	316.3B	253.6B	266.8B	241.9B	716.9M
Short Term Debt	99.4B	80.6B	631M	654M	112.1B	336.7M
Accumulated Other Comprehensive Income	3.4B	2.5B	5.7B	6.9B	7.9B	8.3B
Other Liab	25.2B	28.3B	29.3B	26.3B	1.4B	1.4B
Net Tangible Assets	61.9B	64.7B	76.7B	82.4B	4.1B	3.9B
Long Term Debt	9.8B	23.2B	33.3B	12.3B	323.1B	2.6B
Good Will	11.3B	10.9B	12.3B	12.6B	14.5B	8.5B
Short Term Investments	139.7B	37.5B	60.2B	78.9B	90.8B	71.4B
Inventory	(667.7B)	(768.6B)	(786.4B)	(867.4B)	(875.6B)	50.9M
Long Term Investments	280.8B	285.4B	318.9B	410.2B	471.8B	495.4B
Short Long Term Debt	11.1B	80.0B	98.9B	142.3B	111.4B	336.7M
Treasury Stock	(18M)	(58M)	(129M)	(73M)	(84.0M)	(88.1M)
Intangible Assets	4.8B	4.5B	6.1B	5.9B	6.8B	4.3B
Common Stock	17.6B	17.5B	17.7B	17.3B	19.4B	57.3M
Property Plant Equipment	3.2B	7.9B	7.4B	7.2B	9.5B	10.0B
Property Plant And Equipment Gross	7.9B	15.1B	12.4B	12.8B	14.8B	15.5B

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Royal Net Invested Capital vs Intangible Assets Analysis

Net Invested Capital vs Intangible Assets

Net Invested Capital vs Intangible Assets Correlation Analysis

Correlation Coefficient

Net Invested Capital

Intangible Assets

Royal Bank fundamental ratios Correlations

Royal Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Royal Bank fundamental ratios Accounts

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Additional Tools for Royal Stock Analysis

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Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Stockholder Equity
Net Receivables	+ 1.0	Retained Earnings
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Retained Earnings	+ 0.99	Total Assets

Cash And Short Term Investments	- 0.79	Other Current Liab
Non Current Liabilities Total	- 0.75	Non Currrent Assets Other
Non Currrent Assets Other	- 0.75	Non Current Assets Total
Good Will	- 0.71	Other Current Liab
Other Current Liab	- 0.69	Short Long Term Debt Total
Property Plant And Equipment Net	- 0.63	Other Current Liab