Royal Bank of Canada (RY) — Net Asset Quality Index
Royal Bank of Canada (RY) has a Net Asset Quality Index of 6.0% as of October 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$2.33 Trillion minus total liabilities of CA$2.19 Trillion yields net assets of CA$139.15 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Royal Bank of Canada defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Royal Bank of Canada Net Asset Quality Index Over Time (1993–2025)
This chart shows how Royal Bank of Canada's Net Asset Quality Index has evolved across 33 annual periods from 1993 to 2025. As of October 2025, the index stands at 6.0%, representing net assets of CA$139.15 Billion against total assets of CA$2.33 Trillion CAD. Explore RY cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Royal Bank of Canada (1993–2025)
The table below presents the year-by-year Net Asset Quality Index for Royal Bank of Canada from 1993 to 2025, covering 33 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Royal Bank of Canada market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 6.0% | CA$139.15 Billion | CA$2.33 Trillion | CA$2.19 Trillion | ▲ +0.1 pp |
| 2024 | 5.9% | CA$127.19 Billion | CA$2.17 Trillion | CA$2.04 Trillion | ▼ -0.1 pp |
| 2023 | 5.9% | CA$119.30 Billion | CA$2.01 Trillion | CA$1.89 Trillion | ▲ +0.3 pp |
| 2022 | 5.6% | CA$108.17 Billion | CA$1.92 Trillion | CA$1.81 Trillion | ▼ -0.1 pp |
| 2021 | 5.8% | CA$98.76 Billion | CA$1.71 Trillion | CA$1.61 Trillion | ▲ +0.4 pp |
| 2020 | 5.3% | CA$86.77 Billion | CA$1.62 Trillion | CA$1.54 Trillion | ▼ -0.5 pp |
| 2019 | 5.9% | CA$83.62 Billion | CA$1.43 Trillion | CA$1.35 Trillion | ▼ -0.1 pp |
| 2018 | 6.0% | CA$79.95 Billion | CA$1.33 Trillion | CA$1.25 Trillion | ▼ -0.1 pp |
| 2017 | 6.1% | CA$74.43 Billion | CA$1.21 Trillion | CA$1.14 Trillion | ▲ +0.1 pp |
| 2016 | 6.1% | CA$71.61 Billion | CA$1.18 Trillion | CA$1.11 Trillion | ▲ +0.1 pp |
| 2015 | 6.0% | CA$63.94 Billion | CA$1.07 Trillion | CA$1.01 Trillion | ▲ +0.2 pp |
| 2014 | 5.8% | CA$54.50 Billion | CA$940.55 Billion | CA$886.05 Billion | ▲ +0.1 pp |
| 2013 | 5.7% | CA$49.26 Billion | CA$859.75 Billion | CA$810.48 Billion | ▲ +0.2 pp |
| 2012 | 5.6% | CA$46.03 Billion | CA$825.10 Billion | CA$779.07 Billion | ▼ -5.2 pp |
| 2011 | 10.8% | CA$85.78 Billion | CA$793.83 Billion | CA$708.05 Billion | ▲ +5.1 pp |
| 2010 | 5.7% | CA$41.21 Billion | CA$726.21 Billion | CA$685.00 Billion | ▼ -0.3 pp |
| 2009 | 6.0% | CA$38.98 Billion | CA$654.99 Billion | CA$616.01 Billion | ▲ +1.4 pp |
| 2008 | 4.6% | CA$33.13 Billion | CA$723.86 Billion | CA$690.73 Billion | ▲ +0.3 pp |
| 2007 | 4.3% | CA$25.92 Billion | CA$600.35 Billion | CA$574.42 Billion | ▼ -0.2 pp |
| 2006 | 4.5% | CA$24.19 Billion | CA$536.78 Billion | CA$512.58 Billion | ▼ -0.2 pp |
| 2005 | 4.7% | CA$22.09 Billion | CA$469.52 Billion | CA$447.43 Billion | ▲ +0.6 pp |
| 2004 | 4.1% | CA$17.64 Billion | CA$426.22 Billion | CA$408.58 Billion | ▼ -1.0 pp |
| 2003 | 5.2% | CA$20.76 Billion | CA$403.03 Billion | CA$382.27 Billion | ▼ -0.2 pp |
| 2002 | 5.4% | CA$20.25 Billion | CA$376.96 Billion | CA$356.70 Billion | ▼ -0.1 pp |
| 2001 | 5.5% | CA$19.64 Billion | CA$359.26 Billion | CA$339.62 Billion | ▲ +2.1 pp |
| 2000 | 3.3% | CA$9.69 Billion | CA$289.74 Billion | CA$280.05 Billion | ▼ -1.2 pp |
| 1999 | 4.5% | CA$12.41 Billion | CA$273.30 Billion | CA$260.89 Billion | ▼ -2.2 pp |
| 1998 | 6.8% | CA$19.07 Billion | CA$281.07 Billion | CA$262.01 Billion | ▲ +2.8 pp |
| 1997 | 4.0% | CA$9.66 Billion | CA$244.04 Billion | CA$234.38 Billion | ▼ -0.8 pp |
| 1996 | 4.7% | CA$10.34 Billion | CA$218.08 Billion | CA$207.74 Billion | ▼ -0.2 pp |
| 1995 | 4.9% | CA$9.03 Billion | CA$183.65 Billion | CA$174.62 Billion | ▼ 0.0 pp |
| 1994 | 5.0% | CA$8.59 Billion | CA$173.08 Billion | CA$164.49 Billion | ▲ +0.1 pp |
| 1993 | 4.9% | CA$8.02 Billion | CA$164.94 Billion | CA$156.93 Billion | — |