Royal Bank of Canada (RY.TO)
174.71
-0.05
(-0.03%)
CAD |
TSX |
Nov 22, 16:00
174.71
0.00 (0.00%)
After-Hours: 16:15
Royal Bank of Canada Debt to Equity Ratio: 3.591 for July 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| July 31, 2024 | 3.591 |
| April 30, 2024 | 3.757 |
| January 31, 2024 | 3.801 |
| October 31, 2023 | 3.694 |
| July 31, 2023 | 3.891 |
| April 30, 2023 | 4.032 |
| January 31, 2023 | 3.981 |
| October 31, 2022 | 3.887 |
| July 31, 2022 | 3.548 |
| April 30, 2022 | 3.288 |
| January 31, 2022 | 3.189 |
| October 31, 2021 | 3.040 |
| July 31, 2021 | 2.911 |
| April 30, 2021 | 2.884 |
| January 31, 2021 | 3.135 |
| October 31, 2020 | 3.022 |
| July 31, 2020 | 3.303 |
| April 30, 2020 | 3.600 |
| January 31, 2020 | 3.452 |
| October 31, 2019 | 3.252 |
| July 31, 2019 | 3.207 |
| April 30, 2019 | 3.114 |
| January 31, 2019 | 3.191 |
| October 31, 2018 | 3.155 |
| July 31, 2018 | 0.1174 |
| Date | Value |
|---|---|
| April 30, 2018 | 0.1202 |
| January 31, 2018 | 0.1232 |
| October 31, 2017 | 3.093 |
| July 31, 2017 | 0.1273 |
| April 30, 2017 | 0.1329 |
| January 31, 2017 | 0.1326 |
| October 31, 2016 | 3.148 |
| July 31, 2016 | 0.141 |
| April 30, 2016 | 0.1416 |
| January 31, 2016 | 0.1422 |
| October 31, 2015 | 3.871 |
| July 31, 2015 | 0.1227 |
| April 30, 2015 | 0.1381 |
| January 31, 2015 | 0.1417 |
| October 31, 2014 | 3.567 |
| July 31, 2014 | 0.1317 |
| April 30, 2014 | 0.1305 |
| January 31, 2014 | 0.1311 |
| October 31, 2013 | 0.1562 |
| July 31, 2013 | 0.1566 |
| April 30, 2013 | 0.1838 |
| January 31, 2013 | 0.2084 |
| October 31, 2012 | 0.172 |
| July 31, 2012 | 1.186 |
| April 30, 2012 | 1.392 |
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
2.884
Minimum
Apr 2021
4.032
Maximum
Apr 2023
3.474
Average
3.548
Median
Jul 2022
Debt to Equity Ratio Benchmarks
| National Bank of Canada | 2.738 |
| Canadian Western Bank | 1.601 |
| Bank of Nova Scotia | 3.684 |
| Bank of Montreal | 3.057 |
| Laurentian Bank of Canada | 5.420 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.076T |
| Total Liabilities (Quarterly) | 1.952T |
| Shareholders Equity (Quarterly) | 124.39B |
| Current Ratio | 1.853 |
| Net Debt Paydown Yield | 0.17% |