Royal Fixed Asset Turnover from 2010 to 2024

RY Stock  USD 97.38  0.55  0.57%   
Royal Bank Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Royal Bank Fixed Asset Turnover regression line of annual values had r-squared of  0.07 and arithmetic mean of  10.12. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
7.5
Current Value
7.53
Quarterly Volatility
3.77500764
 
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 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 exotic indicators such as Price To Sales Ratio of 2.12, Dividend Yield of 0.0422 or PTB Ratio of 1.5. Royal financial statements analysis is a perfect complement when working with Royal Bank Valuation or Volatility modules.
  
This module can also supplement Royal Bank's financial leverage analysis and stock options assessment as well as various Royal Bank Technical models . Check out the analysis of Royal Bank Correlation against competitors.

Latest Royal Bank's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Royal Bank of over the last few years. It is Royal Bank's Fixed Asset Turnover 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.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Royal Fixed Asset Turnover Regression Statistics

Arithmetic Mean10.12
Geometric Mean9.34
Coefficient Of Variation37.30
Mean Deviation3.33
Median11.05
Standard Deviation3.78
Sample Variance14.25
Range11.8719
R-Value(0.27)
Mean Square Error14.20
R-Squared0.07
Significance0.32
Slope(0.23)
Total Sum of Squares199.51

Royal Fixed Asset Turnover History

2024 7.53
2023 7.5
2022 8.34
2021 6.76
2020 6.67
2019 5.94
2018 14.39

About Royal Bank Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Royal Bank income statement, its balance sheet, and the statement of cash flows. Royal Bank investors use historical funamental indicators, such as Royal Bank's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Royal Bank investors may use each financial statement separately, they are all related. The changes in Royal Bank's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Royal Bank's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Royal Bank Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Royal Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 7.50  7.53 

Currently Active Assets on Macroaxis

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 the analysis of Royal Bank Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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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Is Royal Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Royal Bank. If investors know Royal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Royal Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.121
Dividend Share
5.4
Earnings Share
7.88
Revenue Per Share
38.304
Quarterly Revenue Growth
(0.01)
The market value of Royal Bank is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Bank's value that differs from its market value or its book value, called intrinsic value, which is Royal Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Royal Bank's market value can be influenced by many factors that don't directly affect Royal Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.