Royal Bank of Canada Working Capital to Net Assets Ratio
Royal Bank of Canada working capital to net assets ratio. Royal Bank of Canada (RY) has a Working Capital to Net Assets ratio of 35.1% as of July 2026. Working capital of CA$50.91 Billion (current assets of CA$64.14 Billion minus current liabilities of CA$13.23 Billion) is measured against net assets of CA$145.09 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Royal Bank of Canada to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Royal Bank of Canada (1993–2025)
Working capital to net assets ratio of Royal Bank of Canada from 1993 to 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 July 2026, the ratio stands at 35.1%, reflecting working capital of CA$50.91 Billion against net assets of CA$145.09 Billion CAD. See RY defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Royal Bank of Canada Working Capital to Net Assets Ratio by Year (1993–2025)
Royal Bank of Canada working capital to net assets ratio by year from 1993 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Royal Bank of Canada from 1993 to 2025, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see RY asset base.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -968.7% | CA$-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 | — |