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Royal Bank of Canada (Royal Bank of Canada) Scaled Net Operating Assets : 0.09 (As of Jan. 2024)


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What is Royal Bank of Canada Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Royal Bank of Canada's operating assets for the quarter that ended in Jan. 2024 was $1,192,258 Mil. Royal Bank of Canada's operating liabilities for the quarter that ended in Jan. 2024 was $1,054,509 Mil. Royal Bank of Canada's Total Assets for the quarter that ended in Oct. 2023 was $1,462,217 Mil. Therefore, Royal Bank of Canada's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.09.

Royal Bank of Canada Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Royal Bank of Canada's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2023 )
=(Operating Assets (A: Oct. 2023 )-Operating Liabilities (A: Oct. 2023 ))/Total Assets (A: Oct. 2022 )
=(1365167.007-1055922.549)/1400554.46
=0.22

where

Operating Assets(A: Oct. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1462217.036 - 97050.029
=1365167.007

Operating Liabilities(A: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1376336.056 - 238647.9 - 81765.607
=1055922.549

Royal Bank of Canada's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Oct. 2023 )
=(1192258.065-1054509.424)/1462217.036
=0.09

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1470911.868 - 278653.803
=1192258.065

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1384129.479 - 236240.781 - 93379.274
=1054509.424

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Royal Bank of Canada Scaled Net Operating Assets Related Terms

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Royal Bank of Canada (Royal Bank of Canada) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Royal Bank of Canada (NYSE:RY) » Definitions » Scaled Net Operating Assets
Comparable Companies
TSX:TD TSX:BMO TSX:BNS TSX:CM TSX:NA JPM BAC SHSE:601398 WFC SHSE:601288 SHSE:601988 SHSE:601939 LSE:HSBA ASX:CBA C TSE:8306 XSWX:UBSG TSE:8316 XMAD:SAN ASX:NAB
Traded in Other Exchanges
RYC:Germany RYC:Germany RY.PR.S.PFD:Canada RY.PR.Z.PFD:Canada RY.PR.O.PFD:Canada RY.PR.N.PFD:Canada RY.PR.M.PFD:Canada RY.PR.J.PFD:Canada RY.PR.H.PFD:Canada RY:Canada
Address
1 Place Ville-Marie, Corporate Secretary's Department, Montreal, QC, CAN, H3B 3A9
Website
https://www.rbc.com
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.