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 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. See Royal Bank of Canada (RY) defensive interval to measure how many days the company can operate on defensive assets alone.
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 July 2026, the ratio stands at 35.1%, reflecting working capital of CA$50.91 Billion against net assets of CA$145.09 Billion CAD. For the complete balance sheet picture, see RY total assets.
Annual Working Capital to Net Assets for Royal Bank of Canada (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Royal Bank of Canada from 1993 to 2025, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check RY asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -968.7% | CA$-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 | — |