Royal Interest Income vs Gross Profit Analysis

RY Stock

USD 105.49 1.19 1.14%

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 Interest Income and its Gross Profit 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 manufacturing.

Interest Income vs Gross Profit

Interest Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Bank Interest Income account and Gross Profit. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Royal Bank's Interest Income and Gross Profit is 0.15. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Gross Profit 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 Interest Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Royal Bank of are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Income i.e., Royal Bank's Interest Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Royal Bank of minus its cost of goods sold. It is profit before Royal Bank operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 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 20.39 in 2024, whereas Selling General Administrative is likely to drop slightly above 416.7 M in 2024.

	2020	2021	2022	2024 (projected)
EBIT	20.6B	38.2B	18.5B	671.0M
Operating Income	20.6B	38.2B	18.5B	650.8M

Ebit Operating Income

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		0.13	-0.21	0.92	1.0	0.43	-0.03	0.99	0.72	0.92	0.1	0.32	0.95	0.34	0.99	-0.47	0.0	0.88	0.1	1.0	0.95	0.74	0.6	0.74	0.5	0.2
Short Long Term Debt Total	0.13		-0.58	0.23	0.12	0.78	0.97	0.22	-0.13	0.07	0.84	0.59	0.3	0.63	0.2	0.32	0.93	-0.1	-0.44	0.13	-0.05	-0.25	-0.42	-0.13	0.26	0.47
Other Current Liab	-0.21	-0.58		-0.31	-0.17	-0.62	-0.44	-0.31	0.46	-0.04	-0.66	-0.69	-0.5	-0.81	-0.26	-0.28	-0.52	0.15	0.17	-0.21	-0.03	0.48	0.39	-0.03	-0.05	-0.7
Total Current Liabilities	0.92	0.23	-0.31		0.91	0.45	0.07	0.93	0.6	0.82	0.24	0.31	0.92	0.44	0.92	-0.32	0.12	0.83	0.1	0.92	0.83	0.63	0.48	0.69	0.42	0.37
Total Stockholder Equity	1.0	0.12	-0.17	0.91		0.4	-0.03	0.99	0.75	0.92	0.09	0.3	0.94	0.3	0.99	-0.48	0.0	0.89	0.11	1.0	0.94	0.76	0.6	0.73	0.53	0.18
Property Plant And Equipment Net	0.43	0.78	-0.62	0.45	0.4		0.6	0.49	-0.02	0.42	0.81	0.6	0.57	0.88	0.44	0.23	0.74	0.22	-0.41	0.43	0.36	-0.06	-0.02	0.27	0.19	0.5
Net Debt	-0.03	0.97	-0.44	0.07	-0.03	0.6		0.06	-0.14	-0.1	0.76	0.5	0.12	0.44	0.05	0.33	0.9	-0.22	-0.4	-0.03	-0.22	-0.29	-0.54	-0.31	0.28	0.36
Retained Earnings	0.99	0.22	-0.31	0.93	0.99	0.49	0.06		0.66	0.9	0.19	0.39	0.98	0.41	1.0	-0.42	0.09	0.84	0.06	0.99	0.91	0.66	0.51	0.7	0.52	0.28
Accounts Payable	0.72	-0.13	0.46	0.6	0.75	-0.02	-0.14	0.66		0.74	-0.26	-0.17	0.5	-0.25	0.71	-0.6	-0.21	0.84	0.07	0.72	0.75	0.95	0.61	0.47	0.58	-0.24
Cash	0.92	0.07	-0.04	0.82	0.92	0.42	-0.1	0.9	0.74		-0.02	0.2	0.83	0.28	0.89	-0.49	-0.08	0.87	-0.11	0.93	0.95	0.78	0.73	0.82	0.34	0.07
Non Current Assets Total	0.1	0.84	-0.66	0.24	0.09	0.81	0.76	0.19	-0.26	-0.02		0.42	0.3	0.83	0.16	0.6	0.88	-0.02	-0.27	0.1	-0.08	-0.35	-0.43	-0.15	0.22	0.72
Non Currrent Assets Other	0.32	0.59	-0.69	0.31	0.3	0.6	0.5	0.39	-0.17	0.2	0.42		0.5	0.52	0.35	-0.1	0.44	-0.06	-0.07	0.33	0.24	-0.17	-0.12	0.18	0.11	0.25
Other Assets	0.95	0.3	-0.5	0.92	0.94	0.57	0.12	0.98	0.5	0.83	0.3	0.5		0.55	0.96	-0.33	0.17	0.73	0.04	0.95	0.84	0.51	0.4	0.67	0.46	0.4
Cash And Short Term Investments	0.34	0.63	-0.81	0.44	0.3	0.88	0.44	0.41	-0.25	0.28	0.83	0.52	0.55		0.35	0.41	0.6	0.14	-0.32	0.35	0.24	-0.26	-0.14	0.22	0.06	0.76
Net Receivables	0.99	0.2	-0.26	0.92	0.99	0.44	0.05	1.0	0.71	0.89	0.16	0.35	0.96	0.35		-0.45	0.07	0.85	0.09	0.99	0.91	0.71	0.51	0.68	0.57	0.25
Common Stock Shares Outstanding	-0.47	0.32	-0.28	-0.32	-0.48	0.23	0.33	-0.42	-0.6	-0.49	0.6	-0.1	-0.33	0.41	-0.45		0.4	-0.35	-0.09	-0.47	-0.57	-0.59	-0.44	-0.35	-0.3	0.65
Non Current Liabilities Total	0.0	0.93	-0.52	0.12	0.0	0.74	0.9	0.09	-0.21	-0.08	0.88	0.44	0.17	0.6	0.07	0.4		-0.18	-0.41	0.0	-0.17	-0.36	-0.53	-0.31	0.32	0.45
Other Current Assets	0.88	-0.1	0.15	0.83	0.89	0.22	-0.22	0.84	0.84	0.87	-0.02	-0.06	0.73	0.14	0.85	-0.35	-0.18		0.16	0.88	0.88	0.88	0.73	0.72	0.44	0.14
Other Stockholder Equity	0.1	-0.44	0.17	0.1	0.11	-0.41	-0.4	0.06	0.07	-0.11	-0.27	-0.07	0.04	-0.32	0.09	-0.09	-0.41	0.16		0.09	0.08	0.25	0.34	0.25	-0.16	-0.15
Total Liab	1.0	0.13	-0.21	0.92	1.0	0.43	-0.03	0.99	0.72	0.93	0.1	0.33	0.95	0.35	0.99	-0.47	0.0	0.88	0.09		0.95	0.74	0.6	0.74	0.5	0.21
Total Current Assets	0.95	-0.05	-0.03	0.83	0.94	0.36	-0.22	0.91	0.75	0.95	-0.08	0.24	0.84	0.24	0.91	-0.57	-0.17	0.88	0.08	0.95		0.79	0.74	0.8	0.38	0.01
Short Term Debt	0.74	-0.25	0.48	0.63	0.76	-0.06	-0.29	0.66	0.95	0.78	-0.35	-0.17	0.51	-0.26	0.71	-0.59	-0.36	0.88	0.25	0.74	0.79		0.81	0.68	0.34	-0.28
Other Liab	0.6	-0.42	0.39	0.48	0.6	-0.02	-0.54	0.51	0.61	0.73	-0.43	-0.12	0.4	-0.14	0.51	-0.44	-0.53	0.73	0.34	0.6	0.74	0.81		0.89	-0.18	-0.29
Net Tangible Assets	0.74	-0.13	-0.03	0.69	0.73	0.27	-0.31	0.7	0.47	0.82	-0.15	0.18	0.67	0.22	0.68	-0.35	-0.31	0.72	0.25	0.74	0.8	0.68	0.89		-0.18	0.02
Long Term Debt	0.5	0.26	-0.05	0.42	0.53	0.19	0.28	0.52	0.58	0.34	0.22	0.11	0.46	0.06	0.57	-0.3	0.32	0.44	-0.16	0.5	0.38	0.34	-0.18	-0.18		0.13
Good Will	0.2	0.47	-0.7	0.37	0.18	0.5	0.36	0.28	-0.24	0.07	0.72	0.25	0.4	0.76	0.25	0.65	0.45	0.14	-0.15	0.21	0.01	-0.28	-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	9.9B	305.0B	425.2B	439.3B	505.2B	530.4B
Other Current Liab	(2.6B)	(2.9B)	(3.5B)	(4.3B)	(3.8B)	208.1M
Total Current Liabilities	107.7B	90.1B	110.0B	159.6B	132.6B	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	306.2B	352.1B	369.7B
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	435.5B	500.8B	525.8B
Non Currrent Assets Other	(2.6B)	(2.0B)	(1.5B)	(2.4B)	(2.2B)	(2.3B)
Other Assets	974.0B	1.0T	1.1T	1.3T	1.3T	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	331.5B	381.2B	400.3B
Other Current Assets	667.7B	768.6B	786.4B	867.4B	875.6B	234.8M
Other Stockholder Equity	4.2B	(132M)	(112M)	(339M)	(240M)	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	99.5B	143.0B	112.0B	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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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:

How To Invest In Royal

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Is Royal Stock a good investment?

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What is Royal Bank's Net Worth?

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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 manufacturing.

You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.

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Royal Interest Income vs Gross Profit Analysis

Interest Income vs Gross Profit

Interest Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Interest Income

Gross Profit

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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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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
Retained Earnings	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets

Cash And Short Term Investments	- 0.81	Other Current Liab
Good Will	- 0.7	Other Current Liab
Non Currrent Assets Other	- 0.69	Other Current Liab
Non Current Assets Total	- 0.66	Other Current Liab
Property Plant And Equipment Net	- 0.62	Other Current Liab
Common Stock Shares Outstanding	- 0.6	Accounts Payable