Toronto Dominion Bank Stock Return On Asset

TD Stock  CAD 82.27  1.23  1.52%   
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.
As of the 28th of March 2024, Return On Assets is likely to grow to 0.01.
  
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Toronto Return On Asset Analysis

Toronto Dominion's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
 2021 2023 2024 (projected)
Interest Expense13.7B58.3B61.3B
Depreciation And Amortization1.8B2.0B1.2B

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Toronto Dominion Return On Asset

    
  0.0063  
Most of Toronto Dominion's fundamental indicators, such as Return On Asset, 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 Return On Asset 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 Return On Asset. 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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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Toronto Total Assets

Total Assets

2.36 Trillion

At this time, Toronto Dominion's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Toronto Dominion Bank has a Return On Asset of 0.0063. This is 101.34% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on asset for all Canada stocks is 104.5% lower than that of the firm.

Toronto Return On Asset 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 Return On Asset 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 return on asset category among related companies.

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.
Environment Score
Governance Score
Social Score

Toronto Fundamentals

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.
Last ReportedProjected for 2024
Return On Assets 0  0.01 

Currently Active Assets on Macroaxis

When determining whether Toronto Dominion Bank is a strong investment it is important to analyze Toronto Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Toronto Dominion's future performance. For an informed investment choice regarding Toronto Stock, refer to the following important reports:
Check out Toronto Dominion Piotroski F Score and Toronto Dominion Altman Z Score analysis.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Toronto Dominion's price analysis, check to measure Toronto Dominion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Toronto Dominion is operating at the current time. Most of Toronto Dominion's value examination focuses on studying past and present price action to predict the probability of Toronto Dominion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toronto Dominion's price. Additionally, you may evaluate how the addition of Toronto Dominion to your portfolios can decrease your overall portfolio volatility.
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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.