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Royal Bank of Canada (RY) Interest Coverage Ratio

Annual Interest Coverage Ratio

1.360.10+7.94%

Summary

Current Value
As of today, RY annual interest coverage ratio is 1.36, up +7.94% on
Historical Performance
RY annual interest coverage ratio is down -35.55% over the past 3 years, down -32.67% over the past 5 years
All-Time High Comparison
RY annual interest coverage ratio is currently -61.36% below its historical high of 3.52 set on
3-Year Low Comparison
RY annual interest coverage ratio is +7.94% above its 3-year low of 1.26 reached on
Sector Comparison
RY annual interest coverage ratio is higher than 25.60% of companies in Financial Services sector

Interest Coverage Ratio Chart

SUGGESTED SERIES

Performance

RY Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Coverage Ratio1.36+7.9%-35.5%-32.7%-28.8%
Quarterly Interest Coverage Ratio1.43+7.5%+9.2%-59.5%-24.7%
Price$214.60+57.9%+126.3%+104.9%+315.6%
Annual EBIT$68.84B-3.3%+133.0%+226.7%+387.2%
Annual Interest Expense$50.57B-10.6%+260.8%+384.5%+582.0%
Annual Debt To Equity2.52-13.7%-20.5%-34.5%+27.9%
Annual Current Ratio0.64-11.1%-15.8%-13.5%-22.9%
Annual Quick Ratio-
Piotroski F-Score6+50.0%-14.3%+50.0%+200.0%
Altman Z-Score0.13-18.8%+160.0%+550.0%0.0%

Interest Coverage Ratio Highs

RY Annual Interest Coverage Ratio Highs Comparison
PeriodHighDateCurrent
3Y2.11N/A-35.5%
5Y3.52-61.4%
All3.52-61.4%

Interest Coverage Ratio Lows

RY Annual Interest Coverage Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.26+7.9%
5Y1.26+7.9%
All1.01+34.6%

Interest Coverage Ratio History

YearValueChange
1.36+7.9%
1.26-3.1%
1.30-38.4%
2.11-40.1%
3.52+74.3%
2.02+16.8%
1.73-15.2%
2.04-17.4%
2.47-7.1%
2.66+3.5%
2.57+4.5%
2.46+5.1%
2.34+8.3%
2.16+10.8%
1.95+2.1%
1.91+18.6%
1.61+16.7%
1.38+0.7%
1.37-2.1%
1.40-4.1%
1.46-7.6%
1.58-2.5%
1.62+3.8%
YearValueChange
1.56+14.7%
1.36+0.7%
1.35+3.1%
1.31-0.8%
1.32-1.5%
1.34+4.7%
1.28+2.4%
1.25-4.6%
1.31+23.6%
1.06+5.0%
1.01-14.4%
1.18+1.7%
1.16+4.5%
1.11-8.3%
1.21+5.2%
1.15+3.6%
1.11+0.9%
1.10+0.9%
1.09-0.9%
1.10+6.8%
1.03-3.7%
1.070.0%
1.07-

FAQ

What is the current annual interest coverage ratio of RY?
As of today, RY annual interest coverage ratio is 1.36
What is 1-year change in RY annual interest coverage ratio?
RY annual interest coverage ratio is up +7.94% year-over-year
What is 3-year change in RY annual interest coverage ratio?
RY annual interest coverage ratio is down -35.55% over the past 3 years
How far is RY annual interest coverage ratio from its all-time high?
RY annual interest coverage ratio is currently -61.36% below its historical high of 3.52 set on October 31, 2021
How does RY annual interest coverage ratio rank versus sector peers?
RY annual interest coverage ratio is higher than 25.60% of companies in Financial Services sector
When is RY next annual earnings release?
As of today, the next annual earnings release for RY has not been scheduled

Interest Coverage Ratio Formula

Interest Coverage Ratio =  

Data Sources & References

  1. RY Official Website www.rbc.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1000275/000119312525305927/0001193125-25-305927-index.htm
  3. RY Profile on Yahoo Finance finance.yahoo.com/quote/RY
  4. RY Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ry