Toronto Dominion Bank Stock Current Asset
TD Stock | USD 56.39 0.51 0.91% |
Toronto Dominion Bank fundamentals help investors to digest information that contributes to Toronto Dominion's financial success or failures. It also enables traders to predict the movement of Toronto Stock. The fundamental analysis module provides a way to measure Toronto Dominion's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Toronto Dominion stock.
At present, Toronto Dominion's Total Current Assets are projected to increase significantly based on the last few years of reporting. Toronto | Current Asset |
Toronto Dominion Bank Company Current Asset Analysis
Toronto Dominion's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Toronto Current Asset Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Toronto Dominion current asset as a starting point in their analysis.
Toronto Dominion Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Toronto Total Assets
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In accordance with the recently published financial statements, Toronto Dominion Bank has a Current Asset of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The current asset for all United States stocks is 100.0% higher than that of the company.
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Toronto Dominion ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Toronto Dominion's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Toronto Dominion's managers, analysts, and investors.Environmental | Governance | Social |
Toronto Fundamentals
Return On Equity | 0.0733 | |||
Return On Asset | 0.0043 | |||
Profit Margin | 0.16 % | |||
Operating Margin | 0.05 % | |||
Current Valuation | 8.14 B | |||
Shares Outstanding | 1.75 B | |||
Shares Owned By Insiders | 0.08 % | |||
Shares Owned By Institutions | 59.53 % | |||
Number Of Shares Shorted | 49.95 M | |||
Price To Earning | 11.50 X | |||
Price To Book | 1.35 X | |||
Price To Sales | 1.87 X | |||
Revenue | 49.2 B | |||
Gross Profit | 49.2 B | |||
EBITDA | 15.86 B | |||
Net Income | 10.78 B | |||
Cash And Equivalents | 517.19 B | |||
Cash Per Share | 285.25 X | |||
Total Debt | 401.81 B | |||
Debt To Equity | 15.20 % | |||
Book Value Per Share | 60.85 X | |||
Cash Flow From Operations | (65.3 B) | |||
Short Ratio | 5.31 X | |||
Earnings Per Share | 3.10 X | |||
Price To Earnings To Growth | 1.22 X | |||
Target Price | 86.18 | |||
Number Of Employees | 102.19 K | |||
Beta | 0.82 | |||
Market Capitalization | 97.67 B | |||
Total Asset | 1.96 T | |||
Retained Earnings | 73.04 B | |||
Annual Yield | 0.05 % | |||
Five Year Return | 3.86 % | |||
Net Asset | 1.96 T | |||
Last Dividend Paid | 4.02 |
About Toronto Dominion Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Toronto Dominion Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Toronto Dominion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Toronto Dominion Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Toronto Dominion Piotroski F Score and Toronto Dominion Altman Z Score analysis. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toronto Dominion. If investors know Toronto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toronto Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 4.02 | Earnings Share 3.1 | Revenue Per Share 29.497 | Quarterly Revenue Growth 0.079 |
The market value of Toronto Dominion Bank is measured differently than its book value, which is the value of Toronto that is recorded on the company's balance sheet. Investors also form their own opinion of Toronto Dominion's value that differs from its market value or its book value, called intrinsic value, which is Toronto Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toronto Dominion's market value can be influenced by many factors that don't directly affect Toronto Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.