Toronto Total Assets vs Other Stockholder Equity 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 Total Assets and its Other Stockholder Equity 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.
Total Assets vs Other Stockholder Equity
Total Assets vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Toronto Dominion Bank Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Toronto Dominion's Total Assets and Other Stockholder Equity is -0.65. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity 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 Total Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Toronto Dominion Bank are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Toronto Dominion's Total Assets and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Toronto Dominion assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Toronto Dominion Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Stockholder Equity
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 Expense | 13.7B | 50.7B | 58.3B | 61.3B | Depreciation And Amortization | 1.8B | 1.9B | 2.2B | 2.3B |
Toronto Dominion fundamental ratios Correlations
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Toronto Dominion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Toronto Dominion fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7T | 1.7T | 1.9T | 2.0T | 2.3T | 2.4T | |
Short Long Term Debt Total | 144.0B | 256.8B | 374.0B | 411.4B | 473.1B | 496.8B | |
Total Current Liabilities | 156.7B | 166.3B | 248.1B | 298.4B | 343.1B | 360.3B | |
Total Stockholder Equity | 95.5B | 99.8B | 111.4B | 112.1B | 128.9B | 135.4B | |
Property Plant And Equipment Net | 10.1B | 9.2B | 9.4B | 9.4B | 10.8B | 11.4B | |
Net Debt | (129.6B) | 90.9B | 228.2B | 306.4B | 352.3B | 369.9B | |
Retained Earnings | 53.8B | 63.9B | 73.7B | 73.0B | 84.0B | 88.2B | |
Accounts Payable | 35.1B | 37.2B | 32.1B | 43.7B | 39.3B | 26.0B | |
Cash | 170.6B | 165.9B | 145.9B | 105.1B | 120.8B | 126.9B | |
Non Current Assets Total | 385.8B | 531.9B | 592.2B | 562.1B | 646.4B | 678.7B | |
Non Currrent Assets Other | (2.4B) | (2.3B) | (2.2B) | (4.0B) | (3.6B) | (3.7B) | |
Other Assets | 1.0T | 941.8B | 1.1T | 1.2T | 1.4T | 1.5T | |
Cash And Short Term Investments | 273.9B | 209.5B | 179.7B | 138.2B | 159.0B | 166.9B | |
Common Stock Shares Outstanding | 1.8B | 1.8B | 1.8B | 1.8B | 2.1B | 1.8B | |
Liabilities And Stockholders Equity | 1.7T | 1.7T | 1.9T | 2.0T | 2.3T | 2.4T | |
Non Current Liabilities Total | 41.2B | 127.9B | 248.1B | 157.0B | 180.5B | 189.5B | |
Other Stockholder Equity | 80M | 11M | 81M | 26M | 23.4M | 22.2M | |
Total Liab | 1.6T | 1.6T | 1.8T | 1.8T | 2.1T | 2.2T | |
Property Plant And Equipment Gross | 10.1B | 12.7B | 13.2B | 13.4B | 15.4B | 16.2B | |
Total Current Assets | 307.8B | 255.1B | 220.0B | 192.9B | 221.8B | 232.9B | |
Short Term Debt | 121.5B | 129.1B | 216.0B | 254.7B | 292.9B | 307.5B | |
Other Current Liab | (156.7B) | (166.3B) | (248.1B) | (298.4B) | (268.5B) | (255.1B) | |
Common Stock | 22.5B | 23.1B | 24.4B | 25.4B | 29.2B | 30.7B | |
Accumulated Other Comprehensive Income | 13.4B | 7.1B | 2.0B | 2.8B | 3.2B | 3.1B | |
Net Receivables | 34.0B | 45.6B | 40.3B | 54.6B | 62.8B | 66.0B | |
Other Liab | 18.7B | 15.3B | 22.6B | 30.1B | 27.1B | 36.9B | |
Net Tangible Assets | 70.6B | 75.8B | 85.8B | 85.6B | 98.4B | 103.4B | |
Long Term Debt | 16.4B | 51.6B | 53.9B | 151.7B | 174.5B | 183.2B | |
Good Will | 17.1B | 16.2B | 17.7B | 18.6B | 21.4B | 12.5B | |
Short Term Investments | 103.3B | 43.6B | 33.8B | 33.2B | 38.2B | 54.9B | |
Inventory | (589.6B) | (585.0B) | (592.1B) | (598.5B) | (538.6B) | (511.7B) | |
Other Current Assets | 589.6B | 585.0B | 592.1B | 598.5B | 688.2B | 397.1B | |
Long Term Investments | 504.7B | 504.3B | 562.9B | 531.3B | 611.0B | 641.5B | |
Short Long Term Debt | 103.2B | 129.1B | 216.0B | 254.7B | 292.9B | 307.5B | |
Treasury Stock | (144M) | (41M) | (37M) | (152M) | (136.8M) | (130.0M) | |
Intangible Assets | 2.1B | 2.1B | 2.3B | 2.8B | 2.5B | 2.0B | |
Property Plant Equipment | 10.1B | 9.2B | 9.4B | 9.4B | 10.8B | 11.4B |
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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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.