Toronto Historical Financial Ratios

TD Stock  CAD 78.51  0.40  0.51%   
Toronto Dominion is promptly reporting on over 96 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 58.13, Invested Capital of 0.0, Average Payables of 1.4 B or Stock Based Compensation To Revenue of 0.0142 will help investors to properly organize and evaluate Toronto Dominion Bank financial condition quickly.
  
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.

About Toronto Financial Ratios Analysis

Toronto Dominion BankFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Toronto Dominion investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Toronto financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Toronto Dominion history.

Toronto Dominion Financial Ratios Chart

At this time, Toronto Dominion's Capex To Revenue is very stable compared to the past year. As of the 24th of November 2024, Cash Per Share is likely to grow to 71.68, while Dividend Yield is likely to drop 0.03.
Add Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Price Book Value RatioPrice Earnings To Growth Ratio
Days Of Payables OutstandingDividend Payout Ratio
Price To Operating Cash Flows RatioPrice To Free Cash Flows Ratio
Pretax Profit MarginEbt Per Ebit
Operating Profit MarginEffective Tax Rate
Company Equity MultiplierLong Term Debt To Capitalization
Total Debt To CapitalizationReturn On Capital Employed
Debt Equity RatioEbit Per Revenue
Quick RatioDividend Paid And Capex Coverage Ratio
Net Income Per E B TCash Ratio
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On EquityOperating Cycle
Cash Conversion Cycle

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Toronto Dominion Bank stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Toronto Dominion sales, a figure that is much harder to manipulate than other Toronto Dominion Bank multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Toronto Dominion Bank dividend as a percentage of Toronto Dominion stock price. Toronto Dominion Bank dividend yield is a measure of Toronto Dominion stock productivity, which can be interpreted as interest rate earned on an Toronto Dominion investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most ratios from Toronto Dominion's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Toronto Dominion Bank current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.
At this time, Toronto Dominion's Capex To Revenue is very stable compared to the past year. As of the 24th of November 2024, Cash Per Share is likely to grow to 71.68, while Dividend Yield is likely to drop 0.03.
 2021 2022 2023 2024 (projected)
Dividend Yield0.04220.04130.03710.0255
Price To Sales Ratio3.452.672.42.46

Toronto Dominion fundamentals Correlations

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-0.01-0.04-0.390.31-0.110.990.37-0.14-0.39-0.720.990.030.40.070.40.00.080.48-0.10.32-0.71-0.090.11-0.051.0
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0.060.170.22-0.120.64-0.72-0.62-0.310.140.22-0.67-0.52-0.480.49-0.48-0.250.070.04-0.1-0.270.67-0.120.060.0-0.72
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0.460.180.040.340.870.070.210.23-0.450.040.490.18-0.74-0.03-0.03-0.34-0.320.760.140.130.080.12-0.140.230.06
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-0.850.15-0.54-0.2-0.10.080.05-0.540.94-0.540.07-0.020.14-0.38-0.32-0.380.15-0.34-0.33-0.48-0.02-0.310.250.050.06
0.310.08-0.090.60.70.480.590.26-0.52-0.090.040.55-0.620.050.760.05-0.52-0.340.010.15-0.030.0-0.010.080.47
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Toronto Dominion Account Relationship Matchups

Toronto Dominion fundamentals Accounts

201920202021202220232024 (projected)
Price To Sales Ratio2.453.893.452.672.42.46
Ptb Ratio1.111.651.421.261.451.93
Days Sales Outstanding416.41393.44321.63376.71339.04262.74
Book Value Per Share52.8454.9161.5261.5155.3658.13
Free Cash Flow Yield2.170.30.24(0.48)(0.43)(0.41)
Operating Cash Flow Per Share128.2527.5821.51(21.85)(19.66)(18.68)
Stock Based Compensation To Revenue0.01830.0069120.03330.01930.01740.0142
Capex To Depreciation0.570.820.550.961.110.95
Pb Ratio1.111.651.421.261.451.93
Ev To Sales(0.54)6.048.448.277.457.82
Free Cash Flow Per Share127.2826.9620.71(36.84)(33.16)(31.5)
Roic0.03390.04020.05880.020.0230.0219
Net Income Per Share6.587.879.635.925.325.59
Capex To Revenue0.04060.02670.03180.03480.04010.0403
Cash Per Share151.54115.2599.2475.8568.2771.68
Pocfratio0.463.284.05(3.55)(3.19)(3.03)
Interest Coverage1.33.292.570.270.240.23
Capex To Operating Cash Flow0.007580.02250.0373(0.0463)(0.0417)(0.0396)
Pfcf Ratio0.463.354.21(2.1)(2.42)(2.54)
Income Quality17.773.512.23(3.69)(3.32)(3.49)
Ev To Operating Cash Flow(0.1)5.099.91(11.0)(9.9)(9.4)
Pe Ratio8.9311.59.0613.0911.7812.37
Return On Tangible Assets0.0070110.008360.0091850.005570.0050130.005878
Ev To Free Cash Flow(0.1)5.2110.3(6.52)(7.5)(7.88)
Intangibles To Total Assets0.01120.01060.01040.01090.01260.0201
Net Debt To E B I T D A0.51(9.22)4.7310.289.259.72
Current Ratio1.961.530.892.242.582.45
Tangible Book Value Per Share42.1844.8250.549.7944.8147.05
Graham Number88.4698.59115.4490.4981.4485.51
Shareholders Equity Per Share52.8454.9161.5261.5155.3658.13
Debt To Equity2.642.523.313.543.193.34

Pair Trading with Toronto Dominion

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Toronto Dominion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Toronto Dominion will appreciate offsetting losses from the drop in the long position's value.

Moving against Toronto Stock

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The ability to find closely correlated positions to Toronto Dominion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toronto Dominion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Toronto Dominion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Toronto Dominion Bank to buy it.
The correlation of Toronto Dominion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Toronto Dominion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toronto Dominion Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Toronto Dominion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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.