Assignment of Managerial Accounting

Analysis of Royal Bank of Canada

Submitted by- Submitted to-

Gurvinder Singh Bhatti-4302536 Rahman Sobhan
Jasmeen Kaur - 4305175
Ramandeep Kaur - 4305171
Arshveer Singh Sidhu - 4304894
Baljinder Singh Nehal- 4295934

Submitted by- Submitted to-

Gurvinder Singh Bhatti-4302536 Rahman Sobhan
Jasmeen Kaur - 4305175
Ramandeep Kaur - 4305171
Arshveer Singh Sidhu - 4304894
Baljinder Singh Nehal- 4295934
Royal Bank of Canada (Fianancial Statements)

Current Ratio as on 31/07/2019(dollar in billions)

Current assets Current liabilities Current Ratio
$856.67 $941.32 0.91

Account receivable Turnover (dollar in millions)

2016 2017 2018

4,042.71 4,509.40 5,143.03

Average collection period (as on credit sale)

The average collection period, therefore, would be 36.5 days—not a bad figure,
RBC collect within 30 days. Collecting its receivables in a relatively short—
and reasonable—period of time gives the company time to pay off its obligations.

Return on common shareholder's equity (dollar in billions)

2016 2017 2018

71.02 73.83 79.86

Return on Assets (dollar in billions)

As on date Net income Total Assets Return on Assets

31.07.2019 9.43 1,059.11 0.91%
31.07.2018 9.3 990.86 0.95%
31.07.2017 8.51 927.83 0.91%

Profit Margin

2018 2017 2016

29.14% 28.33% 26.94%

Asset Turnover(calculated as total revenue divided by to assets)

2018 2017 2016

0.03 0.04 0.03

Earning per share

2019 2018 2017

$2.30 $2.22 $2.14
Debt to assets ratio
Debt to Total Assets is a measurement representing the percentage of a corporation's assets
that are financed with loans and financial obligations lasting more than one year.
The ratio provides a general measure of the financial position of a company,
including its ability to meet financial requirements for outstanding loans
2018 2017 2016
0.01 0.01 0.01

Times interest earned(dollar in millions)

2018 2017 2016

13,988.77 13,595.62 12,475.28