Toronto-Dominion Financial Statements From 2010 to 2024
| TDB Stock | EUR 53.23 0.34 0.64% |
Check Toronto-Dominion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toronto-Dominion's main balance sheet or income statement drivers, such as , as well as many indicators such as . Toronto-Dominion financial statements analysis is a perfect complement when working with Toronto-Dominion Valuation or Volatility modules.
Toronto-Dominion |
The Toronto Dominion Bank Company Return On Equity Analysis
Toronto-Dominion's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Toronto-Dominion Return On Equity | 0.17 |
Most of Toronto-Dominion's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, The Toronto Dominion Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, The Toronto Dominion Bank has a Return On Equity of 0.165. This is 88.62% lower than that of the Financial Services sector and significantly higher than that of the Banks—Diversified industry. The return on equity for all Germany stocks is 153.23% lower than that of the firm.
Toronto Dominion Fundamental Drivers 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.The Toronto Dominion Bank is currently regarded as top stock in return on equity category among its peers. It is rated second 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 The Toronto Dominion Bank is roughly 17.19 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Toronto-Dominion's earnings, one of the primary drivers of an investment's value.About Toronto-Dominion Financial Statements
Toronto-Dominion stakeholders use historical fundamental indicators, such as Toronto-Dominion's revenue or net income, to determine how well the company is positioned to perform in the future. Although Toronto-Dominion investors may analyze each financial statement separately, they are all interrelated. For example, changes in Toronto-Dominion's assets and liabilities are reflected in the revenues and expenses on Toronto-Dominion's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in The Toronto Dominion Bank. Please read more on our technical analysis and fundamental analysis pages.
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 Germany and is traded on Frankfurt Stock Exchange. It employs 90000 people.
Currently Active Assets on Macroaxis
Other Information on Investing in Toronto-Dominion Stock
Toronto-Dominion financial ratios help investors to determine whether Toronto-Dominion Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Toronto-Dominion with respect to the benefits of owning Toronto-Dominion security.