Toronto Non Current Assets Total vs Property Plant And Equipment Net Analysis

TD Stock  CAD 76.20  1.03  1.37%   
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 Non Current Assets Total and its Property Plant And Equipment Net 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.

Non Current Assets Total vs Property Plant And Equipment Net

Non Current Assets Total vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Toronto Dominion Bank Non Current Assets Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Toronto Dominion's Non Current Assets Total and Property Plant And Equipment Net is 0.94. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Net 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 Non Current Assets Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Toronto Dominion Bank are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Assets Total i.e., Toronto Dominion's Non Current Assets Total and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 1st of June 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)

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 Architect
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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 File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Global Correlations
Find global opportunities by holding instruments from different markets
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
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.