Royal Bank of Canada

Royal Bank of Canadaverified

RY.TO

Price:

$164.08

Market Cap:

$231.71B

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

1995-01-12

Stock Exchange

TSX

Ticker

RY.TO

The Current Ratio as of September 2024 (TTM) for Royal Bank of Canada (RY.TO) is 0.66

According to Royal Bank of Canada’s latest financial reports and current stock price. The company's current Current Ratio is 0.66. This represents a change of -32.02% compared to the average of 0.97 of the last 4 quarters.

Royal Bank of Canada (RY.TO) Historical Current Ratio (quarterly & annually)

How has RY.TO Current Ratio performed in the past?

The mean historical Current Ratio of Royal Bank of Canada over the last ten years is 3.71. The current 0.66 Current Ratio has changed 1.67% with respect to the historical average. Over the past ten years (40 quarters), RY.TO'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.

Quarterly (TTM)
Annual

Average

3.71

Median

2.00

Minimum

1.45

Maximum

18.27

Royal Bank of Canada (RY.TO) Current Ratio by Quarter and Year

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 = -92.06%

Minimum Annual Current Ratio = 1.45

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.829.05%
20221.67-27.46%
20212.30-34.33%
20203.51102.38%
20191.73-5.05%
20181.83-16.23%
20172.18-5.34%
20162.3058.82%
20151.45-92.06%
201418.2785.24%

Royal Bank of Canada (RY.TO) Average Current Ratio

How has RY.TO Current Ratio performed in the past?

The current Current Ratio of Royal Bank of Canada (RY.TO) 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

1.93

5-year avg

2.21

10-year avg

3.71

Royal Bank of Canada (RY.TO) Current Ratio vs. Peers

How is RY.TO’s Current Ratio compared to its peers?

Royal Bank of Canada’s Current Ratio is greater than The Toronto-Dominion Bank (0.48), less than The Bank of Nova Scotia (1.60), greater than Bank of Montreal (0.57), less than Canadian Imperial Bank of Commerce (1.80), greater than BCE Inc. (0.60),

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