Toronto Dominion Financials

TD Stock  CAD 78.51  0.40  0.51%   
Financial data analysis helps to confirm if markets are presently mispricing Toronto Dominion. We were able to interpolate and analyze data for thirty-six available drivers for Toronto Dominion Bank, which can be compared to its competition. The stock experiences a moderate upward volatility. Check odds of Toronto Dominion to be traded at C$86.36 in 90 days. Key indicators impacting Toronto Dominion's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.190.18
Notably Up
Very volatile
Return On Assets0.00580.005
Fairly Up
Slightly volatile
Return On Equity0.140.11
Significantly Up
Pretty Stable
Debt Equity Ratio3.343.19
Sufficiently Up
Slightly volatile
Operating Income15.1 B16 B
Notably Down
Slightly volatile
Current Ratio2.452.58
Notably Down
Slightly volatile
  
Understanding current and past Toronto Dominion Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Toronto Dominion's financial statements are interrelated, with each one affecting the others. For example, an increase in Toronto Dominion's assets may result in an increase in income on the income statement.

Toronto Dominion Stock Summary

Toronto Dominion competes with Royal Bank, Bank of Nova Scotia, Bank of Montreal, Canadian Imperial, and Enbridge. The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and services in Canada and the United States. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada. TORONTO DOMINION operates under BanksDiversified classification in Canada and is traded on Toronto Stock Exchange. It employs 89566 people.
Foreign Associate
  USA
Specialization
Financial Services, Banks - Diversified
InstrumentCanada Stock View All
ExchangeToronto Exchange
ISINCA8911605092
Business AddressToronto-Dominion Centre, Toronto,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.td.com
Phone866 222 3456
CurrencyCAD - Canadian Dollar
You should never invest in Toronto Dominion without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Toronto Stock, because this is throwing your money away. Analyzing the key information contained in Toronto Dominion's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Toronto Dominion Key Financial Ratios

Toronto Dominion's financial ratios allow both analysts and investors to convert raw data from Toronto Dominion's financial statements into concise, actionable information that can be used to evaluate the performance of Toronto Dominion over time and compare it to other companies across industries.

Toronto Dominion Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.7T1.7T1.9T2.0T2.3T2.4T
Net Debt(129.6B)90.9B228.2B306.4B352.3B369.9B
Retained Earnings53.8B63.9B73.7B73.0B84.0B88.2B
Accounts Payable35.1B37.2B32.1B43.7B50.3B52.8B
Cash170.6B165.9B145.9B105.1B120.8B126.9B
Other Assets1.0T941.8B1.1T1.2T1.4T1.5T
Total Liab1.6T1.6T1.8T1.8T2.1T2.2T
Total Current Assets307.8B255.1B220.0B192.9B221.8B118.9B
Short Term Debt121.5B129.1B216.0B254.7B292.9B307.5B
Net Receivables34.0B45.6B40.3B54.6B62.8B66.0B
Other Current Assets22.8B585.0B592.1B598.5B688.2B722.7B
Other Current Liab(156.7B)(166.3B)(248.1B)(298.4B)(268.5B)(255.1B)
Good Will17.1B16.2B17.7B18.6B21.4B16.3B
Intangible Assets2.1B2.1B2.3B2.8B3.2B2.7B
Common Stock22.5B23.1B24.4B25.4B29.2B20.5B
Other Liab16.9B18.7B15.3B22.6B26.0B17.9B
Net Tangible Assets62.4B70.6B77.5B85.8B98.7B64.8B
Long Term Debt16.4B51.6B53.9B178.9B205.7B216.0B
Inventory77M(585.0B)(592.1B)(598.5B)(538.6B)(511.7B)
Short Long Term Debt103.2B129.1B216.0B217.9B250.6B127.8B
Long Term Debt Total10.7B22.4B57.1B59.2B68.1B71.5B
Capital Surpluse157M121M173M179M161.1M145.4M

Toronto Dominion Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense10.0B5.5B13.7B50.7B58.3B61.3B
Total Revenue43.3B42.3B45.8B52.9B60.9B63.9B
Gross Profit43.3B42.3B45.8B52.9B60.9B63.9B
Operating Income13.0B17.9B35.1B14.0B16.0B15.1B
Ebit13.0B17.9B35.1B14.0B16.0B15.1B
Ebitda15.2B20.0B36.9B15.9B18.2B16.3B
Income Before Tax11.9B17.1B20.4B13.1B15.0B15.8B
Net Income11.9B14.3B17.4B10.8B12.4B6.3B
Income Tax Expense1.2B3.6B4.0B3.2B3.6B3.8B
Tax Provision1.2B3.6B4.0B3.2B3.6B2.9B
Net Interest Income25.6B24.1B27.4B29.9B34.4B26.0B
Interest Income33.9B28.0B41.0B80.7B92.8B97.4B

Toronto Dominion Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash1.6B(514M)2.6B(1.8B)(2.1B)(2.0B)
Free Cash Flow230.0B49B37.5B(67.1B)(77.2B)(73.4B)
Depreciation2.1B2.1B1.8B1.9B2.2B1.2B
Other Non Cash Items4.3B(2.4B)(1.9B)785.9M903.8M949.0M
Dividends Paid3.7B5.6B6.7B5.8B6.7B7.0B
Capital Expenditures1.8B1.1B1.5B1.8B2.1B2.2B
Net Income13.0B14.3B17.4B10.8B12.4B7.0B
End Period Cash Flow6.4B5.9B8.6B6.7B7.7B8.1B
Investments(224.1B)(42.3B)(32.9B)76.2B87.7B92.0B
Net Borrowings1.8B(126M)(550M)(657M)(591.3M)(561.7M)
Change To Netincome4.5B4.7B(711M)(475M)(427.5M)(406.1M)

Toronto Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Toronto Dominion's current stock value. Our valuation model uses many indicators to compare Toronto Dominion value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Toronto Dominion competition to find correlations between indicators driving Toronto Dominion's intrinsic value. More Info.
Toronto Dominion Bank is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.06  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Toronto Dominion Bank is roughly  17.05 . At this time, Toronto Dominion's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Toronto Dominion by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Toronto Dominion's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Toronto Dominion Bank Systematic Risk

Toronto Dominion's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Toronto Dominion volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Toronto Dominion Bank correlated with the market. If Beta is less than 0 Toronto Dominion generally moves in the opposite direction as compared to the market. If Toronto Dominion Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Toronto Dominion Bank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Toronto Dominion is generally in the same direction as the market. If Beta > 1 Toronto Dominion moves generally in the same direction as, but more than the movement of the benchmark.

Toronto Dominion Bank Total Assets Over Time

Toronto Dominion Thematic Clasifications

Toronto Dominion Bank is part of Investor Favorites investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Equities most commonly found in portfolios of money managers. Macroaxis most traded equities with largest long positions over the last 2 years
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Today, most investors in Toronto Dominion Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Toronto Dominion's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Toronto Dominion growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.27)

At this time, Toronto Dominion's Price Earnings To Growth Ratio is very stable compared to the past year.

Toronto Dominion November 24, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Toronto Dominion help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Toronto Dominion Bank. We use our internally-developed statistical techniques to arrive at the intrinsic value of Toronto Dominion Bank based on widely used predictive technical indicators. In general, we focus on analyzing Toronto Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Toronto Dominion's daily price indicators and compare them against related drivers.
When determining whether Toronto Dominion Bank is a strong investment it is important to analyze Toronto Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Toronto Dominion's future performance. For an informed investment choice regarding Toronto Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toronto Dominion Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Please note, there is a significant difference between Toronto Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toronto Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toronto Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.