Toronto Historical Financial Ratios

TD Stock

CAD 79.23 0.16 0.20%

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 0.0146 will help investors to properly organize and evaluate Toronto Dominion Bank financial condition quickly.

Quick Ratio Current Ratio

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 30th of November 2024, Cash Per Share is likely to grow to 71.68, while Dividend Yield is likely to drop 0.03.

Price To Sales Ratio Dividend Yield Ptb Ratio Days Sales Outstanding

Add Fundamental

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.

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.

	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

Dividend Yield Price To Sales Ratio

Toronto Dominion fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Average Payables	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality
Price To Sales Ratio		-0.26	0.57	0.2	0.16	-0.01	0.05	0.63	-0.89	0.57	0.06	0.12	-0.26	0.42	0.46	0.42	0.08	-0.85	0.31	0.15	0.74	-0.18	0.15	-0.1	-0.03	0.03
Dividend Yield	-0.26		-0.69	0.34	0.12	-0.04	-0.04	0.19	0.33	-0.69	0.17	-0.05	0.11	0.36	0.18	0.36	-0.49	0.15	0.08	0.17	-0.16	0.2	0.18	-0.17	0.17	-0.05
Ptb Ratio	0.57	-0.69		-0.22	0.0	-0.39	-0.36	-0.16	-0.54	1.0	0.22	-0.32	-0.16	-0.34	0.04	-0.33	0.05	-0.54	-0.09	0.02	0.27	0.2	0.01	0.01	-0.19	-0.36
Days Sales Outstanding	0.2	0.34	-0.22		0.18	0.44	0.48	0.29	-0.34	-0.22	-0.28	0.48	-0.01	0.33	0.32	0.33	-0.47	-0.29	0.61	-0.06	0.28	-0.12	-0.06	0.09	0.42	0.44
Book Value Per Share	0.16	0.12	0.0	0.18		-0.11	0.03	-0.05	-0.22	0.0	0.64	-0.05	-0.88	-0.35	0.87	-0.35	-0.39	-0.1	0.7	0.08	-0.25	0.42	0.05	-0.11	0.24	-0.14
Free Cash Flow Yield	-0.01	-0.04	-0.39	0.44	-0.11		0.99	0.37	-0.14	-0.39	-0.72	0.99	0.02	0.4	0.07	0.4	0.0	0.08	0.48	-0.1	0.31	-0.71	-0.09	0.11	-0.05	1.0
Operating Cash Flow Per Share	0.05	-0.04	-0.36	0.48	0.03	0.99		0.38	-0.2	-0.36	-0.62	0.99	-0.1	0.37	0.21	0.37	-0.05	0.05	0.59	-0.11	0.32	-0.67	-0.11	0.11	-0.01	0.98
Average Payables	0.63	0.19	-0.16	0.29	-0.05	0.37	0.38		-0.55	-0.16	-0.31	0.43	-0.07	0.91	0.23	0.91	0.17	-0.54	0.26	0.14	0.59	-0.41	0.14	-0.09	-0.07	0.4
Capex To Depreciation	-0.89	0.33	-0.54	-0.34	-0.22	-0.14	-0.2	-0.55		-0.54	0.14	-0.25	0.3	-0.33	-0.45	-0.33	0.08	0.94	-0.52	-0.24	-0.55	0.14	-0.22	0.17	0.02	-0.16
Pb Ratio	0.57	-0.69	1.0	-0.22	0.0	-0.39	-0.36	-0.16	-0.54		0.22	-0.32	-0.16	-0.34	0.04	-0.33	0.05	-0.54	-0.09	0.02	0.27	0.2	0.01	0.01	-0.19	-0.36
Ev To Sales	0.06	0.17	0.22	-0.28	0.64	-0.72	-0.62	-0.31	0.14	0.22		-0.67	-0.51	-0.48	0.49	-0.48	-0.25	0.07	0.04	-0.1	-0.26	0.67	-0.12	0.06	0.0	-0.72
Free Cash Flow Per Share	0.12	-0.05	-0.32	0.48	-0.05	0.99	0.99	0.43	-0.25	-0.32	-0.67		-0.03	0.44	0.18	0.44	-0.01	-0.02	0.55	-0.08	0.41	-0.73	-0.07	0.09	-0.02	0.99
Roic	-0.26	0.11	-0.16	-0.01	-0.88	0.02	-0.1	-0.07	0.3	-0.16	-0.51	-0.03		0.3	-0.74	0.3	0.27	0.15	-0.63	-0.19	0.18	-0.38	-0.16	0.24	-0.01	0.03
Inventory Turnover	0.42	0.36	-0.34	0.33	-0.35	0.4	0.37	0.91	-0.33	-0.34	-0.48	0.44	0.3		-0.03	1.0	0.16	-0.38	0.05	0.12	0.58	-0.51	0.13	-0.06	-0.07	0.43
Net Income Per Share	0.46	0.18	0.04	0.32	0.87	0.07	0.21	0.23	-0.45	0.04	0.49	0.18	-0.74	-0.03		-0.03	-0.34	-0.32	0.76	0.14	0.14	0.08	0.12	-0.14	0.23	0.06
Days Of Inventory On Hand	0.42	0.36	-0.33	0.33	-0.35	0.4	0.37	0.91	-0.33	-0.33	-0.48	0.44	0.3	1.0	-0.03		0.16	-0.38	0.05	0.12	0.58	-0.51	0.13	-0.06	-0.07	0.43
Payables Turnover	0.08	-0.49	0.05	-0.47	-0.39	0.0	-0.05	0.17	0.08	0.05	-0.25	-0.01	0.27	0.16	-0.34	0.16		0.15	-0.52	-0.1	0.17	-0.52	-0.09	0.11	0.09	0.01
Capex To Revenue	-0.85	0.15	-0.54	-0.29	-0.1	0.08	0.05	-0.54	0.94	-0.54	0.07	-0.02	0.15	-0.38	-0.32	-0.38	0.15		-0.34	-0.33	-0.48	-0.02	-0.31	0.25	0.05	0.06
Cash Per Share	0.31	0.08	-0.09	0.61	0.7	0.48	0.59	0.26	-0.52	-0.09	0.04	0.55	-0.63	0.05	0.76	0.05	-0.52	-0.34		0.01	0.15	-0.03	0.0	-0.01	0.08	0.47
Pocfratio	0.15	0.17	0.02	-0.06	0.08	-0.1	-0.11	0.14	-0.24	0.02	-0.1	-0.08	-0.19	0.12	0.14	0.12	-0.1	-0.33	0.01		-0.25	0.09	1.0	-0.99	0.06	-0.12
Interest Coverage	0.74	-0.16	0.27	0.28	-0.25	0.31	0.32	0.59	-0.55	0.27	-0.26	0.41	0.18	0.58	0.14	0.58	0.17	-0.48	0.15	-0.25		-0.53	-0.24	0.3	-0.07	0.37
Payout Ratio	-0.18	0.2	0.2	-0.12	0.42	-0.71	-0.67	-0.41	0.14	0.2	0.67	-0.73	-0.38	-0.51	0.08	-0.51	-0.52	-0.02	-0.03	0.09	-0.53		0.07	-0.14	0.02	-0.72
Capex To Operating Cash Flow	0.15	0.18	0.01	-0.06	0.05	-0.09	-0.11	0.14	-0.22	0.01	-0.12	-0.07	-0.16	0.13	0.12	0.13	-0.09	-0.31	0.0	1.0	-0.24	0.07		-0.99	0.06	-0.11
Pfcf Ratio	-0.1	-0.17	0.01	0.09	-0.11	0.11	0.11	-0.09	0.17	0.01	0.06	0.09	0.24	-0.06	-0.14	-0.06	0.11	0.25	-0.01	-0.99	0.3	-0.14	-0.99		-0.05	0.13
Days Payables Outstanding	-0.03	0.17	-0.19	0.42	0.24	-0.05	-0.01	-0.07	0.02	-0.19	0.0	-0.02	-0.01	-0.07	0.23	-0.07	0.09	0.05	0.08	0.06	-0.07	0.02	0.06	-0.05		-0.08
Income Quality	0.03	-0.05	-0.36	0.44	-0.14	1.0	0.98	0.4	-0.16	-0.36	-0.72	0.99	0.03	0.43	0.06	0.43	0.01	0.06	0.47	-0.12	0.37	-0.72	-0.11	0.13	-0.08

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Toronto Dominion Account Relationship Matchups

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	309.99	416.41	393.44	321.63	289.47	260.91
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	0.006912	0.0333	0.0193	0.0251	0.0226	0.0146
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	0.0235	0.027	0.0256
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	0.31	0.28	0.27
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	(9.22)	4.73	10.28	19.79	17.81	18.7
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

0.7	RY-PM	Royal Bank Earnings Call This Week	Pair Corr
0.68	TD-PFI	Toronto Dominion Bank Earnings Call This Week	Pair Corr
0.65	RY-PS	Royal Bank Earnings Call This Week	Pair Corr
0.61	TD-PFD	Toronto Dominion Bank Earnings Call This Week	Pair Corr
0.6	RY	Royal Bank Earnings Call This Week	Pair Corr

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 Correlation Correlation 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:

How To Invest In Toronto

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Is Toronto Stock a good investment?

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What is Toronto Dominion's Net Worth?

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You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Price Book Value Ratio	Price Earnings To Growth Ratio
Days Of Payables Outstanding	Dividend Payout Ratio
Price To Operating Cash Flows Ratio	Price To Free Cash Flows Ratio
Pretax Profit Margin	Ebt Per Ebit
Operating Profit Margin	Effective Tax Rate
Company Equity Multiplier	Long Term Debt To Capitalization
Total Debt To Capitalization	Return On Capital Employed
Debt Equity Ratio	Ebit Per Revenue
Quick Ratio	Dividend Paid And Capex Coverage Ratio
Net Income Per E B T	Cash Ratio
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity	Operating Cycle
Cash Conversion Cycle

Toronto Historical Financial Ratios

About Toronto Financial Ratios Analysis

Toronto Dominion Financial Ratios Chart

Price To Sales Ratio

Dividend Yield

Ptb Ratio

Toronto Dominion fundamentals Correlations

Toronto Dominion Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Toronto Dominion fundamentals Accounts

Pair Trading with Toronto Dominion

Moving against Toronto Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Pb Ratio	+ 1.0	Ptb Ratio
Income Quality	+ 1.0	Free Cash Flow Yield
Days Of Inventory On Hand	+ 1.0	Inventory Turnover
Capex To Operating Cash Flow	+ 1.0	Pocfratio
Operating Cash Flow Per Share	+ 0.99	Free Cash Flow Yield
Free Cash Flow Per Share	+ 0.99	Free Cash Flow Yield

Pfcf Ratio	- 0.99	Capex To Operating Cash Flow
Pfcf Ratio	- 0.99	Pocfratio
Capex To Depreciation	- 0.89	Price To Sales Ratio
Roic	- 0.88	Book Value Per Share
Capex To Revenue	- 0.85	Price To Sales Ratio
Net Income Per Share	- 0.74	Roic