Royal Bank of Canada (RY.TO)
173.53
+0.08
(+0.05%)
CAD |
TSX |
Dec 24, 16:00
Royal Bank of Canada Debt to Equity Ratio: 3.694 for Oct. 31, 2024
Debt to Equity Ratio Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Data
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
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Median
Debt to Equity Ratio Benchmarks
| National Bank of Canada | 2.908 |
| Bank of Nova Scotia | 3.614 |
| Bank of Montreal | 3.076 |
| Canadian Imperial Bank of Commerce | 3.550 |
| The Toronto-Dominion Bank | 3.957 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.172T |
| Total Liabilities (Quarterly) | 2.044T |
| Shareholders Equity (Quarterly) | 127.09B |
| Current Ratio | 1.460 |
| Net Debt Paydown Yield | -2.72% |