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Royal Bank of Canada (Royal Bank of Canada) Debt-to-Revenue : 8.21 (As of Jan. 2024)


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What is Royal Bank of Canada Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Royal Bank of Canada's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $93,379 Mil. Royal Bank of Canada's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $236,241 Mil. Royal Bank of Canada's annualized Revenue for the quarter that ended in Jan. 2024 was $40,137 Mil. Royal Bank of Canada's annualized Debt-to-Revenue for the quarter that ended in Jan. 2024 was 8.21.


Royal Bank of Canada Debt-to-Revenue Historical Data

The historical data trend for Royal Bank of Canada's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Royal Bank of Canada Debt-to-Revenue Chart

Royal Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.94 5.67 6.16 8.72 7.81

Royal Bank of Canada Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.04 8.30 7.57 8.29 8.21

Competitive Comparison of Royal Bank of Canada's Debt-to-Revenue

For the Banks - Diversified subindustry, Royal Bank of Canada's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Royal Bank of Canada's Debt-to-Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Royal Bank of Canada's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Royal Bank of Canada's Debt-to-Revenue falls into.



Royal Bank of Canada Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Royal Bank of Canada's Debt-to-Revenue for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(81765.607 + 238647.9) / 41026.838
=7.81

Royal Bank of Canada's annualized Debt-to-Revenue for the quarter that ended in Jan. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(93379.274 + 236240.781) / 40137.08
=8.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Jan. 2024) Revenue data.


Royal Bank of Canada Debt-to-Revenue Related Terms

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Royal Bank of Canada (Royal Bank of Canada) Business Description

Address
1 Place Ville-Marie, Corporate Secretary's Department, Montreal, QC, CAN, H3B 3A9
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.