Toronto Dividend Yield vs Free Cash Flow Yield Analysis
| TD-PFI Stock | CAD 25.41 0.16 0.63% |
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 Dividend Yield and its Free Cash Flow Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toronto Dominion Bank Pref. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Dividend Yield vs Free Cash Flow Yield
Dividend Yield vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Toronto Dominion Bank Dividend Yield account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Toronto Dominion's Dividend Yield and Free Cash Flow Yield is -0.04. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Toronto Dominion Bank Pref, assuming nothing else is changed. The correlation between historical values of Toronto Dominion's Dividend Yield and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Toronto Dominion Bank Pref are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Dividend Yield i.e., Toronto Dominion's Dividend Yield and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | -0.04 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Dividend Yield
Dividend Yield is Toronto Dominion Bank Pref dividend as a percentage of Toronto Dominion stock price. Toronto Dominion Bank dividend yield is a measure of Toronto Dominion stock productivity, which can be interpreted as interest rate earned on an Toronto Dominion investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.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 Pref. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. At present, Toronto Dominion's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 26.66, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.29.
| 2023 | 2024 (projected) | Minority Interest | 1.1B | 1.1B | Income Tax Expense | 4.6B | 3.1B |
Toronto Dominion fundamental ratios Correlations
Click cells to compare fundamentals
Toronto Dominion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Toronto Dominion fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 44.4B | 52.7B | 63.6B | 67.5B | 77.6B | 62.6B | |
| Total Current Liabilities | 1.2T | 1.5T | 1.5T | 1.6T | 1.9T | 1.5T | |
| Other Liab | 16.9B | 18.7B | 15.3B | 22.6B | 26.0B | 19.1B | |
| Net Tangible Assets | 62.4B | 70.6B | 77.5B | 85.8B | 98.7B | 73.7B | |
| Retained Earnings | 49.5B | 53.8B | 63.9B | 73.7B | 84.8B | 60.1B | |
| Accounts Payable | 966.0B | 1.2T | 1.2T | 1.3T | 1.5T | 1.2T | |
| Other Assets | 690.3B | 724.7B | 729.2B | 839.0B | 964.9B | 779.6B | |
| Net Receivables | 32.0B | 47.0B | 43.3B | 36.5B | 42.0B | 43.1B | |
| Inventory | 121M | 77M | 53M | 51M | 45.9M | 61.5M | |
| Other Current Assets | 21.7B | 22.8B | 27.4B | 32.4B | 37.3B | 27.8B | |
| Other Stockholder Equity | 10.6B | 13.4B | 8.8B | 7.6B | 8.8B | 10.1B | |
| Total Current Assets | 442.5B | 611.5B | 602.8B | 618.3B | 711.0B | 566.9B | |
| Common Stock | 21.7B | 22.5B | 23.1B | 24.4B | 28.0B | 24.5B | |
| Property Plant Equipment | 5.5B | 10.1B | 9.2B | 9.4B | 10.8B | 8.2B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Toronto Stock
Balance Sheet is a snapshot of the financial position of Toronto Dominion Bank at a specified time, usually calculated after every quarter, six months, or one year. Toronto Dominion Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Toronto Dominion and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Toronto currently owns. An asset can also be divided into two categories, current and non-current.