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.
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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
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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 Yield | 0.0422 | 0.0413 | 0.0371 | 0.0255 | Price To Sales Ratio | 3.45 | 2.67 | 2.4 | 2.46 |
Toronto Dominion fundamentals Correlations
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Toronto Dominion Account Relationship Matchups
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Toronto Dominion fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 2.45 | 3.89 | 3.45 | 2.67 | 2.4 | 2.46 | |
Ptb Ratio | 1.11 | 1.65 | 1.42 | 1.26 | 1.45 | 1.93 | |
Days Sales Outstanding | 416.41 | 393.44 | 321.63 | 376.71 | 339.04 | 262.74 | |
Book Value Per Share | 52.84 | 54.91 | 61.52 | 61.51 | 55.36 | 58.13 | |
Free Cash Flow Yield | 2.17 | 0.3 | 0.24 | (0.48) | (0.43) | (0.41) | |
Operating Cash Flow Per Share | 128.25 | 27.58 | 21.51 | (21.85) | (19.66) | (18.68) | |
Stock Based Compensation To Revenue | 0.0183 | 0.006912 | 0.0333 | 0.0193 | 0.0174 | 0.0142 | |
Capex To Depreciation | 0.57 | 0.82 | 0.55 | 0.96 | 1.11 | 0.95 | |
Pb Ratio | 1.11 | 1.65 | 1.42 | 1.26 | 1.45 | 1.93 | |
Ev To Sales | (0.54) | 6.04 | 8.44 | 8.27 | 7.45 | 7.82 | |
Free Cash Flow Per Share | 127.28 | 26.96 | 20.71 | (36.84) | (33.16) | (31.5) | |
Roic | 0.0339 | 0.0402 | 0.0588 | 0.02 | 0.023 | 0.0219 | |
Net Income Per Share | 6.58 | 7.87 | 9.63 | 5.92 | 5.32 | 5.59 | |
Capex To Revenue | 0.0406 | 0.0267 | 0.0318 | 0.0348 | 0.0401 | 0.0403 | |
Cash Per Share | 151.54 | 115.25 | 99.24 | 75.85 | 68.27 | 71.68 | |
Pocfratio | 0.46 | 3.28 | 4.05 | (3.55) | (3.19) | (3.03) | |
Interest Coverage | 1.3 | 3.29 | 2.57 | 0.27 | 0.24 | 0.23 | |
Capex To Operating Cash Flow | 0.00758 | 0.0225 | 0.0373 | (0.0463) | (0.0417) | (0.0396) | |
Pfcf Ratio | 0.46 | 3.35 | 4.21 | (2.1) | (2.42) | (2.54) | |
Income Quality | 17.77 | 3.51 | 2.23 | (3.69) | (3.32) | (3.49) | |
Ev To Operating Cash Flow | (0.1) | 5.09 | 9.91 | (11.0) | (9.9) | (9.4) | |
Pe Ratio | 8.93 | 11.5 | 9.06 | 13.09 | 11.78 | 12.37 | |
Return On Tangible Assets | 0.007011 | 0.00836 | 0.009185 | 0.00557 | 0.005013 | 0.005878 | |
Ev To Free Cash Flow | (0.1) | 5.21 | 10.3 | (6.52) | (7.5) | (7.88) | |
Intangibles To Total Assets | 0.0112 | 0.0106 | 0.0104 | 0.0109 | 0.0126 | 0.0201 | |
Net Debt To E B I T D A | 0.51 | (9.22) | 4.73 | 10.28 | 9.25 | 9.72 | |
Current Ratio | 1.96 | 1.53 | 0.89 | 2.24 | 2.58 | 2.45 | |
Tangible Book Value Per Share | 42.18 | 44.82 | 50.5 | 49.79 | 44.81 | 47.05 | |
Graham Number | 88.46 | 98.59 | 115.44 | 90.49 | 81.44 | 85.51 | |
Shareholders Equity Per Share | 52.84 | 54.91 | 61.52 | 61.51 | 55.36 | 58.13 | |
Debt To Equity | 2.64 | 2.52 | 3.31 | 3.54 | 3.19 | 3.34 |
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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0.32 | WMT | Walmart Inc CDR | PairCorr |
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.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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.