Royal Bank of Canada Interest Coverage Ratio for the year ending October 31, 2024: 0.32

Royal Bank of Canada Interest Coverage Ratio is 0.32 for the year ending October 31, 2024, a 5.08% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Royal Bank of Canada Interest Coverage Ratio for the year ending October 31, 2023 was 0.30, a -72.89% change year over year.
  • Royal Bank of Canada Interest Coverage Ratio for the year ending October 31, 2022 was 1.11, a -56.00% change year over year.
  • Royal Bank of Canada Interest Coverage Ratio for the year ending October 31, 2021 was 2.52, a 147.12% change year over year.
  • Royal Bank of Canada Interest Coverage Ratio for the year ending October 31, 2020 was 1.02, a 38.84% change year over year.
Key Data
Date Interest Coverage Ratio Return on Capital Employed (ROCE) Return on Equity (ROE) Return on Assets (ROA)