As of June 10, 2025, Royal Bank of Canada (RY.TO) reports a Current Ratio of 0.49.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Comparing Royal Bank of Canada's Current Ratio to Peers
To better understand Royal Bank of Canada's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Royal Bank of Canada (RY.TO) | 0.49 |
| JPMorgan Chase & Co (JPM) | 1.86 |
| BankGuam Holding Co (BKGM) | 1.86 |
| Hamilton Bancorp Inc (HABK) | 1.86 |
| Credicorp Ltd (BAP) | 1.86 |
| Truist Financial Corp (TFC) | 1.86 |
Compared to its competitors, Royal Bank of Canada's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.