Toronto Free Cash Flow Yield vs Price To Sales Ratio 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 Free Cash Flow Yield and its Price To Sales Ratio 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.
Free Cash Flow Yield vs Price To Sales Ratio
Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Toronto Dominion Bank Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Toronto Dominion's Free Cash Flow Yield and Price To Sales Ratio is -0.01. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio 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 Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Toronto Dominion Bank Pref are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., Toronto Dominion's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.01 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
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.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Toronto Dominion Bank stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Toronto Dominion sales, a figure that is much harder to manipulate than other Toronto Dominion Bank Pref multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.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 |
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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.