The Toronto Dominion Bank Stock Current Ratio
| TDB Stock | EUR 54.54 0.01 0.02% |
The 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.
Toronto |
The Toronto Dominion Bank Company Current Ratio Analysis
Toronto Dominion's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, The Toronto Dominion Bank has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Financial Services sector and about the same as Banks—Diversified (which currently averages 0.0) industry. The current ratio for all Germany stocks is 100.0% higher than that of the company.
Toronto Current Ratio 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 Current Ratio 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 current ratio category among its peers.
Toronto Fundamentals
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0096 | |||
| Profit Margin | 0.37 % | |||
| Operating Margin | 0.44 % | |||
| Current Valuation | (93.43 B) | |||
| Shares Outstanding | 1.82 B | |||
| Shares Owned By Insiders | 0.09 % | |||
| Shares Owned By Institutions | 58.63 % | |||
| Price To Earning | 11.96 X | |||
| Price To Book | 1.61 X | |||
| Price To Sales | 2.27 X | |||
| Revenue | 45.76 B | |||
| Gross Profit | 47.74 B | |||
| Net Income | 17.43 B | |||
| Cash And Equivalents | 536.99 B | |||
| Cash Per Share | 295.26 X | |||
| Total Debt | 152.74 B | |||
| Book Value Per Share | 58.10 X | |||
| Cash Flow From Operations | (66.81 B) | |||
| Earnings Per Share | 6.58 X | |||
| Price To Earnings To Growth | 5.02 X | |||
| Number Of Employees | 94.94 K | |||
| Beta | 0.83 | |||
| Market Capitalization | 113.93 B | |||
| Total Asset | 1.92 T | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 3.82 % | |||
| Net Asset | 1.92 T | |||
| Last Dividend Paid | 3.56 |
About Toronto Dominion Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The 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 The 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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Other Information on Investing in Toronto Stock
Toronto Dominion financial ratios help investors to determine whether Toronto 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 with respect to the benefits of owning Toronto Dominion security.