Royal Other Operating Expenses vs Operating Income 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 Other Operating Expenses and its Operating Income 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.
Other Operating Expenses vs Operating Income
Other Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Royal Bank Other Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Royal Bank's Other Operating Expenses and Operating Income is -0.44. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income 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 Other Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Royal Bank of are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Other Operating Expenses i.e., Royal Bank's Other Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Royal Bank. It is also known as Royal Bank overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Royal Bank operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Royal Bank of is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 |
Royal Bank fundamental ratios Correlations
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Royal Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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: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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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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.