Toronto Retained Earnings vs Property Plant And Equipment Net Analysis

TD Stock  USD 55.03  0.04  0.07%   
Toronto Dominion financial indicator trend analysis is much more than just breaking down Toronto Dominion Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Toronto Dominion Bank is a good investment. Please check the relationship between Toronto Dominion Retained Earnings and its Property Plant And Equipment Net accounts. 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 unemployment.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Toronto Dominion Bank Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Toronto Dominion's Retained Earnings and Property Plant And Equipment Net is 0.94. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Toronto Dominion Bank, assuming nothing else is changed. The correlation between historical values of Toronto Dominion's Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Toronto Dominion Bank are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Toronto Dominion's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Toronto Dominion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 unemployment.
At present, Toronto Dominion's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 26.66, whereas Tax Provision is forecasted to decline to about 2.9 B.
 2021 2022 2023 2024 (projected)
Interest Expense13.7B50.7B58.3B61.3B
Depreciation And Amortization1.8B1.9B2.2B2.3B

Toronto Dominion fundamental ratios Correlations

0.920.921.00.970.720.990.850.80.970.460.990.780.620.74-0.651.00.950.870.93-0.950.390.910.93-0.330.95
0.920.960.910.880.920.960.730.70.950.580.90.60.390.8-0.410.920.950.710.97-0.880.10.750.96-0.340.9
0.920.960.920.850.810.950.80.650.910.510.920.610.410.84-0.430.920.890.730.98-0.930.170.750.94-0.450.88
1.00.910.920.950.710.990.840.780.970.450.990.770.630.74-0.661.00.930.860.93-0.950.420.920.91-0.350.95
0.970.880.850.950.660.940.810.90.940.550.940.860.560.65-0.610.970.970.930.86-0.860.290.860.9-0.260.9
0.720.920.810.710.660.790.470.440.790.510.710.280.270.69-0.250.720.810.410.85-0.67-0.070.590.82-0.120.7
0.990.960.950.990.940.790.830.790.980.540.970.750.520.78-0.560.990.960.840.96-0.940.290.850.95-0.370.96
0.850.730.80.840.810.470.830.750.820.320.820.730.580.72-0.610.850.770.810.77-0.910.520.740.81-0.480.81
0.80.70.650.780.90.440.790.750.790.590.720.920.340.54-0.420.80.860.940.64-0.680.150.620.76-0.330.78
0.970.950.910.970.940.790.980.820.790.420.950.690.580.83-0.620.970.960.80.93-0.920.320.870.94-0.310.92
0.460.580.510.450.550.510.540.320.590.420.430.64-0.170.180.120.460.610.610.5-0.36-0.330.170.51-0.20.52
0.990.90.920.990.940.710.970.820.720.950.430.730.650.72-0.670.990.910.830.94-0.950.420.930.91-0.310.93
0.780.60.610.770.860.280.750.730.920.690.640.730.370.39-0.440.780.760.980.6-0.680.270.620.66-0.380.76
0.620.390.410.630.560.270.520.580.340.58-0.170.650.370.36-0.90.620.460.440.45-0.610.880.850.430.120.48
0.740.80.840.740.650.690.780.720.540.830.180.720.390.36-0.40.740.710.510.81-0.830.210.610.76-0.470.69
-0.65-0.41-0.43-0.66-0.61-0.25-0.56-0.61-0.42-0.620.12-0.67-0.44-0.9-0.4-0.65-0.51-0.51-0.440.65-0.82-0.87-0.45-0.19-0.52
1.00.920.921.00.970.720.990.850.80.970.460.990.780.620.74-0.650.950.870.93-0.950.390.910.93-0.330.95
0.950.950.890.930.970.810.960.770.860.960.610.910.760.460.71-0.510.950.850.9-0.850.160.80.94-0.250.9
0.870.710.730.860.930.410.840.810.940.80.610.830.980.440.51-0.510.870.850.71-0.780.30.710.77-0.410.84
0.930.970.980.930.860.850.960.770.640.930.50.940.60.450.81-0.440.930.90.71-0.920.190.780.95-0.420.91
-0.95-0.88-0.93-0.95-0.86-0.67-0.94-0.91-0.68-0.92-0.36-0.95-0.68-0.61-0.830.65-0.95-0.85-0.78-0.92-0.47-0.86-0.870.44-0.88
0.390.10.170.420.29-0.070.290.520.150.32-0.330.420.270.880.21-0.820.390.160.30.19-0.470.630.140.020.3
0.910.750.750.920.860.590.850.740.620.870.170.930.620.850.61-0.870.910.80.710.78-0.860.630.77-0.070.8
0.930.960.940.910.90.820.950.810.760.940.510.910.660.430.76-0.450.930.940.770.95-0.870.140.77-0.390.92
-0.33-0.34-0.45-0.35-0.26-0.12-0.37-0.48-0.33-0.31-0.2-0.31-0.380.12-0.47-0.19-0.33-0.25-0.41-0.420.440.02-0.07-0.39-0.4
0.950.90.880.950.90.70.960.810.780.920.520.930.760.480.69-0.520.950.90.840.91-0.880.30.80.92-0.4
Click cells to compare fundamentals

Toronto Dominion Account Relationship Matchups

Toronto Dominion fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7T1.7T1.9T2.0T2.3T2.4T
Short Long Term Debt Total144.0B256.8B374.0B411.4B473.1B496.8B
Total Current Liabilities156.7B166.3B248.1B298.4B343.1B360.3B
Total Stockholder Equity95.5B99.8B111.4B112.1B128.9B135.4B
Property Plant And Equipment Net10.1B9.2B9.4B9.4B10.8B11.4B
Net Debt(129.6B)90.9B228.2B306.4B352.3B369.9B
Retained Earnings53.8B63.9B73.7B73.0B84.0B88.2B
Accounts Payable35.1B37.2B32.1B43.7B39.3B26.0B
Cash170.6B165.9B145.9B105.1B120.8B126.9B
Non Current Assets Total385.8B531.9B592.2B562.1B646.4B678.7B
Non Currrent Assets Other(2.4B)(2.3B)(2.2B)(4.0B)(3.6B)(3.7B)
Other Assets1.0T941.8B1.1T1.2T1.4T1.5T
Cash And Short Term Investments273.9B209.5B179.7B138.2B159.0B166.9B
Common Stock Shares Outstanding1.8B1.8B1.8B1.8B2.1B1.8B
Liabilities And Stockholders Equity1.7T1.7T1.9T2.0T2.3T2.4T
Non Current Liabilities Total41.2B127.9B248.1B157.0B180.5B189.5B
Other Stockholder Equity80M11M81M26M23.4M22.2M
Total Liab1.6T1.6T1.8T1.8T2.1T2.2T
Property Plant And Equipment Gross10.1B12.7B13.2B13.4B15.4B16.2B
Total Current Assets307.8B255.1B220.0B192.9B221.8B232.9B
Short Term Debt121.5B129.1B216.0B254.7B292.9B307.5B
Other Current Liab(156.7B)(166.3B)(248.1B)(298.4B)(268.5B)(255.1B)
Common Stock22.5B23.1B24.4B25.4B29.2B30.7B
Accumulated Other Comprehensive Income13.4B7.1B2.0B2.8B3.2B3.1B
Net Receivables34.0B45.6B40.3B54.6B62.8B66.0B
Other Liab18.7B15.3B22.6B30.1B27.1B36.9B
Net Tangible Assets70.6B75.8B85.8B85.6B98.4B103.4B
Long Term Debt16.4B51.6B53.9B151.7B174.5B183.2B
Good Will17.1B16.2B17.7B18.6B21.4B12.5B
Short Term Investments103.3B43.6B33.8B33.2B38.2B54.9B
Inventory(589.6B)(585.0B)(592.1B)(598.5B)(538.6B)(511.7B)
Other Current Assets589.6B585.0B592.1B598.5B688.2B397.1B
Long Term Investments504.7B504.3B562.9B531.3B611.0B641.5B
Short Long Term Debt103.2B129.1B216.0B254.7B292.9B307.5B
Treasury Stock(144M)(41M)(37M)(152M)(136.8M)(130.0M)
Intangible Assets2.1B2.1B2.3B2.8B2.5B2.0B
Property Plant Equipment10.1B9.2B9.4B9.4B10.8B11.4B

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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 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 unemployment.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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
3.11
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.