Toronto Price To Sales Ratio vs Average Payables Analysis
| TD-PFI Stock | CAD 25.61 0.13 0.51% |
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 Price To Sales Ratio and its Average Payables 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.
Price To Sales Ratio vs Average Payables
Price To Sales Ratio vs Average Payables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Toronto Dominion Bank Price To Sales Ratio account and Average Payables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Toronto Dominion's Price To Sales Ratio and Average Payables is 0.73. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Average Payables 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 Price To Sales Ratio and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Toronto Dominion Bank Pref are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Price To Sales Ratio i.e., Toronto Dominion's Price To Sales Ratio and Average Payables go up and down completely randomly.
Correlation Coefficient | 0.73 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.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 ArchitectCheck 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. Note that the Toronto Dominion Bank information on this page should be used as a complementary analysis to other Toronto Dominion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Toronto Stock analysis
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.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |