Toronto Dominion Bank Stock Debt To Equity
TD Stock | USD 56.53 0.14 0.25% |
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.
Last Reported | Projected for Next Year | ||
Debt To Equity | 3.19 | 3.34 |
Toronto | Debt To Equity |
Toronto Dominion Bank Company Debt To Equity Analysis
Toronto Dominion's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Toronto Dominion Debt To Equity | 15.20 % |
Most of Toronto Dominion's fundamental indicators, such as Debt To 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, Toronto Dominion Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Toronto Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Toronto Dominion is extremely important. It helps to project a fair market value of Toronto Stock properly, considering its historical fundamentals such as Debt To Equity. Since Toronto Dominion's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Toronto Dominion's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Toronto Dominion's interrelated accounts and indicators.
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Toronto Debt To Equity 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 debt to equity 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 debt to equity as a starting point in their analysis.
Toronto Dominion Debt To Equity |
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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Competition |
Toronto Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, Toronto Dominion Bank has a Debt To Equity of 15.197%. This is 53.72% lower than that of the Banks sector and significantly higher than that of the Financials industry. The debt to equity for all United States stocks is 68.79% higher than that of the company.
Toronto Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Toronto Dominion's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Toronto Dominion could also be used in its relative valuation, which is a method of valuing Toronto Dominion by comparing valuation metrics of similar companies.Toronto Dominion is currently under evaluation in debt to equity category among its peers.
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 | 9.34 B | ||||
Shares Outstanding | 1.75 B | ||||
Shares Owned By Insiders | 0.08 % | ||||
Shares Owned By Institutions | 59.53 % | ||||
Number Of Shares Shorted | 16.86 M | ||||
Price To Earning | 11.50 X | ||||
Price To Book | 1.38 X | ||||
Price To Sales | 1.89 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 | 3.07 X | ||||
Price To Earnings To Growth | 1.22 X | ||||
Target Price | 86.18 | ||||
Number Of Employees | 102.19 K | ||||
Beta | 0.82 | ||||
Market Capitalization | 98.81 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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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 3.07 | 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.