RY
Price:
$125.08
Market Cap:
$246.94B
Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile ...[Read more]
Industry
Banks - Diversified
IPO Date
1995-10-16
Stock Exchange
NYSE
Ticker
RY
According to Royal Bank of Canada’s latest financial reports and current stock price. The company's current Current Ratio is 0.18. This represents a change of -78.45% compared to the average of 0.85 of the last 4 quarters.
The mean historical Current Ratio of Royal Bank of Canada over the last ten years is 3.52. The current 0.18 Current Ratio has changed 418.55% with respect to the historical average. Over the past ten years (40 quarters), RY's Current Ratio was at its highest in in the October 2014 quarter at 18.27. The Current Ratio was at its lowest in in the January 2015 quarter at 0.
Average
3.52
Median
2.00
Minimum
0
Maximum
18.27
Discovering the peaks and valleys of Royal Bank of Canada Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 102.38%
Maximum Annual Current Ratio = 18.27
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
Year | Current Ratio | Change |
---|---|---|
2023 | 0 | -100.00% |
2022 | 1.67 | -27.46% |
2021 | 2.30 | -34.33% |
2020 | 3.51 | 102.38% |
2019 | 1.73 | -5.05% |
2018 | 1.83 | -16.23% |
2017 | 2.18 | -5.34% |
2016 | 2.30 | 58.82% |
2015 | 1.45 | -92.06% |
2014 | 18.27 | 85.24% |
The current Current Ratio of Royal Bank of Canada (RY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.33
5-year avg
1.84
10-year avg
3.52
Royal Bank of Canada’s Current Ratio is less than Canadian Imperial Bank of Commerce (1.80), greater than Bank of Montreal (0), less than The Bank of Nova Scotia (1.60), less than Bank of America Corporation (0.28), greater than The Toronto-Dominion Bank (0), less than JPMorgan Chase & Co. (9.48), less than Citigroup Inc. (3.49), less than Wells Fargo & Company (0.26),
Company | Current Ratio | Market cap |
---|---|---|
1.80 | $61.32B | |
0 | $69.24B | |
1.60 | $69.41B | |
0.28 | $360.63B | |
0 | $98.16B | |
9.48 | $699.75B | |
3.49 | $132.09B | |
0.26 | $252.91B |
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What is the Current Ratio?
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What is Royal Bank of Canada's Current Ratio?
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What is the 3-year average Current Ratio for Royal Bank of Canada (RY)?
What is the 5-year average Current Ratio for Royal Bank of Canada (RY)?
How does the current Current Ratio for Royal Bank of Canada (RY) compare to its historical average?