Royal Bank of Canada (RY) — Working Capital to Net Assets Ratio
Royal Bank of Canada (RY) has a Working Capital to Net Assets ratio of -968.7% as of October 2025. Working capital of CA$-1.35 Trillion (current assets of CA$206.49 Billion minus current liabilities of CA$1.55 Trillion) is measured against net assets of CA$139.15 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Royal Bank of Canada to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Royal Bank of Canada Working Capital to Net Assets (1993–2025)
This chart shows how Royal Bank of Canada's Working Capital to Net Assets ratio has evolved across 22 annual periods from 1993 to 2025. As of October 2025, the ratio stands at -968.7%, reflecting working capital of CA$-1.35 Trillion against net assets of CA$139.15 Billion CAD. Check Royal Bank of Canada tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Royal Bank of Canada (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Royal Bank of Canada from 1993 to 2025, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of Royal Bank of Canada.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -968.7% | CA$-1.35 Trillion | CA$139.15 Billion | CA$206.49 Billion | CA$1.55 Trillion | ▲ +25.8 pp |
| 2024 | -994.5% | CA$-1.26 Trillion | CA$127.19 Billion | CA$200.01 Billion | CA$1.46 Trillion | ▼ -82.4 pp |
| 2023 | -912.1% | CA$-1.09 Trillion | CA$119.30 Billion | CA$241.80 Billion | CA$1.33 Trillion | ▲ +31.1 pp |
| 2022 | -943.1% | CA$-1.02 Trillion | CA$108.17 Billion | CA$266.83 Billion | CA$1.29 Trillion | ▲ +45.4 pp |
| 2021 | -988.5% | CA$-976.28 Billion | CA$98.76 Billion | CA$253.56 Billion | CA$1.23 Trillion | ▼ -1249.2 pp |
| 2020 | 260.7% | CA$226.17 Billion | CA$86.77 Billion | CA$316.27 Billion | CA$90.11 Billion | ▲ +166.1 pp |
| 2019 | 94.6% | CA$79.12 Billion | CA$83.62 Billion | CA$186.86 Billion | CA$107.74 Billion | ▼ -5.2 pp |
| 2018 | 99.8% | CA$79.78 Billion | CA$79.95 Billion | CA$176.30 Billion | CA$96.52 Billion | ▼ -31.9 pp |
| 2017 | 131.7% | CA$98.04 Billion | CA$74.43 Billion | CA$181.08 Billion | CA$83.04 Billion | ▲ +720.8 pp |
| 2016 | -589.1% | CA$-421.88 Billion | CA$71.61 Billion | CA$163.22 Billion | CA$585.10 Billion | ▼ -652.7 pp |
| 2015 | 63.6% | CA$40.64 Billion | CA$63.94 Billion | CA$130.88 Billion | CA$90.24 Billion | ▼ -132.8 pp |
| 2014 | 196.3% | CA$107.00 Billion | CA$54.50 Billion | CA$113.19 Billion | CA$6.20 Billion | ▲ +5.4 pp |
| 2013 | 190.9% | CA$94.03 Billion | CA$49.26 Billion | CA$104.64 Billion | CA$10.61 Billion | ▼ -8.7 pp |
| 2012 | 199.6% | CA$91.85 Billion | CA$46.03 Billion | CA$100.48 Billion | CA$8.63 Billion | ▲ +89.2 pp |
| 2011 | 110.4% | CA$94.68 Billion | CA$85.78 Billion | CA$102.92 Billion | CA$8.23 Billion | ▼ -109.5 pp |
| 2010 | 219.8% | CA$90.59 Billion | CA$41.21 Billion | CA$99.62 Billion | CA$9.03 Billion | ▲ +9.0 pp |
| 2009 | 210.9% | CA$82.19 Billion | CA$38.98 Billion | CA$93.96 Billion | CA$11.77 Billion | ▼ -82.3 pp |
| 2008 | 293.2% | CA$97.13 Billion | CA$33.13 Billion | CA$117.39 Billion | CA$20.27 Billion | ▲ +31.1 pp |
| 2007 | 262.1% | CA$67.94 Billion | CA$25.92 Billion | CA$74.63 Billion | CA$6.69 Billion | ▲ +70.9 pp |
| 2006 | 191.2% | CA$46.27 Billion | CA$24.19 Billion | CA$52.75 Billion | CA$6.48 Billion | ▼ -1223.5 pp |
| 1998 | 1414.8% | CA$269.74 Billion | CA$19.07 Billion | CA$271.98 Billion | CA$2.24 Billion | ▼ -583.8 pp |
| 1993 | 1998.5% | CA$160.20 Billion | CA$8.02 Billion | CA$162.27 Billion | CA$2.07 Billion | — |