Royal Bank of Canada Balance Sheet Health
Financial Health criteria checks 6/6
Royal Bank of Canada has total assets of CA$1,974.4B and total equity of CA$116.5B. Total deposits are CA$1,241.2B, and total loans are CA$858.3B. It earns a Net Interest Margin of 1.5%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are CA$684.2B.
Key information
16.9x
Asset to equity ratio
1.5%
Net interest margin
| Total deposits | CA$1.24t |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.5% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | CA$684.23b |
Recent financial health updates
No updates
Recent updates
How Royal Bank Of Canada Thrives Amid Rising Rates And Banking Mergers
May 11Royal Bank of Canada: Risks Ahead
Apr 24Royal Bank of Canada: A Strategic Blend Of Risk Management And Growth
Feb 09Royal Bank of Canada: A Stable Dividend Grower With Tailwind From Capital Markets (Rating Downgrade)
Jan 07What To Expect From Royal Bank of Canada's Q4 Earnings Results?
Nov 28Royal Bank of Canada: Earnings And Dividend Gem, Buy Rating Reaffirmed
Oct 18Royal Bank Of Canada: The Fourth Buy For The Dividend Income Accelerator Portfolio
Sep 23Royal Bank Of Canada: An Undervalued Banking Star
Sep 13Toronto-Dominion Vs. Royal Bank of Canada: Which Stock Is Better?
Aug 25Royal Bank of Canada And The Residential Real Estate Monster
Aug 08Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: RY's Assets to Equity ratio (16.9x) is moderate.
Allowance for Bad Loans: RY has a sufficient allowance for bad loans (126%).
Low Risk Liabilities: 67% of RY's liabilities are made up of primarily low risk sources of funding.
Loan Level: RY has an appropriate level of Loans to Assets ratio (43%).
Low Risk Deposits: RY's Loans to Deposits ratio (69%) is appropriate.
Level of Bad Loans: RY has an appropriate level of bad loans (0.5%).