Toronto Free Cash Flow Yield vs Price To Sales Ratio Analysis

TD Stock  CAD 77.47  0.12  0.16%   
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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

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, 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 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 DirectionNegative 
Relationship StrengthInsignificant

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 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At this time, Toronto Dominion's Selling General Administrative is very stable compared to the past year. As of the 17th of May 2024, Issuance Of Capital Stock is likely to grow to about 12.3 B, while Tax Provision is likely to drop about 2.9 B.
 2021 2023 2024 (projected)
Interest Expense13.7B58.3B61.3B
Depreciation And Amortization1.8B2.0B1.2B

Toronto Dominion fundamental ratios Correlations

0.810.921.00.970.640.990.930.80.97-0.930.990.870.550.83-0.581.00.950.910.950.44-0.47-0.870.860.470.81
0.810.890.80.730.950.850.850.550.9-0.840.760.510.330.99-0.430.810.830.580.90.38-0.19-0.830.630.490.57
0.920.890.920.840.770.940.920.680.91-0.860.910.760.340.92-0.370.920.870.80.970.42-0.22-0.970.760.410.65
1.00.80.920.950.640.990.930.780.97-0.930.990.860.570.82-0.591.00.930.90.950.45-0.49-0.870.870.490.82
0.970.730.840.950.510.950.870.90.94-0.90.930.930.490.74-0.540.970.970.960.880.41-0.42-0.80.780.350.76
0.640.950.770.640.510.690.720.260.75-0.660.60.250.260.94-0.340.640.640.330.790.2-0.12-0.70.510.580.42
0.990.850.940.990.950.690.920.790.98-0.930.960.850.450.87-0.490.990.960.890.970.4-0.35-0.90.810.440.75
0.930.850.920.930.870.720.920.70.92-0.870.920.760.50.87-0.540.930.850.820.890.53-0.39-0.870.830.530.72
0.80.550.680.780.90.260.790.70.78-0.810.740.930.310.55-0.380.80.860.930.660.54-0.26-0.680.60.020.61
0.970.90.910.970.940.750.980.920.78-0.950.940.790.490.9-0.560.970.970.840.950.43-0.39-0.850.80.480.76
-0.93-0.84-0.86-0.93-0.9-0.66-0.93-0.87-0.81-0.95-0.9-0.78-0.54-0.830.62-0.93-0.91-0.83-0.89-0.570.450.88-0.83-0.38-0.82
0.990.760.910.990.930.60.960.920.740.94-0.90.840.610.79-0.620.990.890.880.940.45-0.54-0.870.890.510.84
0.870.510.760.860.930.250.850.760.930.79-0.780.840.350.54-0.350.870.870.990.740.39-0.3-0.740.690.140.65
0.550.330.340.570.490.260.450.50.310.49-0.540.610.350.3-0.880.550.390.40.430.44-0.91-0.350.80.640.9
0.830.990.920.820.740.940.870.870.550.9-0.830.790.540.3-0.380.830.830.610.920.36-0.16-0.870.660.510.56
-0.58-0.43-0.37-0.59-0.54-0.34-0.49-0.54-0.38-0.560.62-0.62-0.35-0.88-0.38-0.58-0.45-0.41-0.47-0.530.930.39-0.66-0.43-0.82
1.00.810.921.00.970.640.990.930.80.97-0.930.990.870.550.83-0.580.950.910.950.44-0.47-0.870.860.470.81
0.950.830.870.930.970.640.960.850.860.97-0.910.890.870.390.83-0.450.950.90.910.32-0.29-0.810.710.360.69
0.910.580.80.90.960.330.890.820.930.84-0.830.880.990.40.61-0.410.910.90.790.46-0.34-0.780.740.190.69
0.950.90.970.950.880.790.970.890.660.95-0.890.940.740.430.92-0.470.950.910.790.31-0.32-0.920.780.510.71
0.440.380.420.450.410.20.40.530.540.43-0.570.450.390.440.36-0.530.440.320.460.31-0.44-0.520.52-0.040.53
-0.47-0.19-0.22-0.49-0.42-0.12-0.35-0.39-0.26-0.390.45-0.54-0.3-0.91-0.160.93-0.47-0.29-0.34-0.32-0.440.24-0.65-0.46-0.78
-0.87-0.83-0.97-0.87-0.8-0.7-0.9-0.87-0.68-0.850.88-0.87-0.74-0.35-0.870.39-0.87-0.81-0.78-0.92-0.520.24-0.77-0.33-0.67
0.860.630.760.870.780.510.810.830.60.8-0.830.890.690.80.66-0.660.860.710.740.780.52-0.65-0.770.670.95
0.470.490.410.490.350.580.440.530.020.48-0.380.510.140.640.51-0.430.470.360.190.51-0.04-0.46-0.330.670.58
0.810.570.650.820.760.420.750.720.610.76-0.820.840.650.90.56-0.820.810.690.690.710.53-0.78-0.670.950.58
Click cells to compare fundamentals

Toronto Dominion Account Relationship Matchups

Toronto Dominion fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7T1.7T1.9T2.0T2.3T2.4T
Short Long Term Debt Total37.9B41.0B256.8B374.0B430.1B451.6B
Total Current Liabilities164.0B156.7B166.3B248.1B285.3B299.6B
Total Stockholder Equity95.5B99.8B111.4B112.1B128.9B135.4B
Property Plant And Equipment Net10.1B9.2B9.4B9.4B10.8B11.4B
Net Debt(129.6B)90.9B228.2B291.7B335.4B352.2B
Retained Earnings53.8B63.9B73.7B73.0B84.0B88.2B
Accounts Payable35.1B37.2B32.1B43.7B50.3B52.8B
Cash170.6B165.9B145.9B105.1B120.8B126.9B
Non Current Assets Total286.5B385.8B531.9B592.2B681.1B715.1B
Non Currrent Assets Other(286.5B)(385.8B)(531.9B)(592.2B)(533.0B)(506.4B)
Other Assets966.7B1.0T941.8B1.1T1.3T1.3T
Cash And Short Term Investments141.6B273.9B209.5B179.7B206.6B217.0B
Common Stock Shares Outstanding1.8B1.8B1.8B1.8B2.1B1.7B
Liabilities And Stockholders Equity1.4T1.7T1.7T1.9T2.2T2.3T
Non Current Liabilities Total38.1B41.2B127.9B248.1B285.3B299.6B
Other Stockholder Equity220M160M22M81M72.9M69.3M
Total Liab1.6T1.6T1.8T1.8T2.1T2.2T
Property Plant And Equipment Gross10.1B12.7B13.2B13.4B15.4B16.2B
Total Current Assets162.1B307.8B255.1B220.0B253.0B265.7B
Short Term Debt140.3B121.5B129.1B216.0B248.4B260.8B
Net Receivables34.0B45.6B40.3B19.4B22.3B23.4B
Other Current Assets21.7B22.8B27.4B32.4B29.2B27.7B
Other Current Liab(164.0B)(156.7B)(166.3B)(248.1B)(223.3B)(212.1B)
Accumulated Other Comprehensive Income10.6B13.4B7.1B2.0B2.3B4.3B
Good Will17.1B16.2B17.7B18.6B21.4B16.3B
Intangible Assets2.1B2.1B2.3B2.8B3.2B2.7B
Common Stock21.7B22.5B23.1B24.4B28.0B20.0B
Short Term Investments103.3B43.6B33.8B33.2B38.2B41.0B
Other Liab16.9B18.7B15.3B22.6B26.0B17.9B
Net Tangible Assets62.4B70.6B77.5B85.8B98.7B64.8B
Long Term Debt16.4B51.6B53.9B178.9B205.7B216.0B
Inventory121M77M53M51M45.9M78.3M
Long Term Investments504.7B504.3B562.9B531.3B611.0B421.6B
Short Long Term Debt103.2B129.1B216.0B217.9B250.6B127.8B
Property Plant Equipment5.5B10.1B9.2B9.4B10.8B7.4B
Long Term Debt Total10.7B22.4B57.1B59.2B68.1B71.5B
Capital Surpluse157M121M173M179M161.1M145.4M
Treasury Stock(144M)(41M)(37M)(152M)(136.8M)(143.6M)

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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 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
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.

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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.