Toronto Total Revenue vs Net Debt Analysis
TD Stock | USD 54.66 3.42 5.89% |
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 Total Revenue and its Net Debt 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 unemployment.
Total Revenue vs Net Debt
Total Revenue vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Toronto Dominion Bank Total Revenue account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Toronto Dominion's Total Revenue and Net Debt is 0.72. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Debt 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 Total Revenue and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Toronto Dominion Bank are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Revenue i.e., Toronto Dominion's Total Revenue and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Toronto Dominion Bank generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 unemployment. At present, Toronto Dominion's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 26.65, whereas Tax Provision is forecasted to decline to about 2.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 13.7B | 50.7B | 58.3B | 61.3B | Depreciation And Amortization | 1.8B | 1.9B | 2.2B | 1.2B |
Toronto Dominion fundamental ratios Correlations
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Toronto Dominion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Toronto Dominion fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7T | 1.7T | 1.9T | 2.0T | 2.3T | 2.4T | |
Short Long Term Debt Total | 41.0B | 256.8B | 374.0B | 411.4B | 473.1B | 496.8B | |
Total Current Liabilities | 156.7B | 166.3B | 248.1B | 298.4B | 343.1B | 360.3B | |
Total Stockholder Equity | 95.5B | 99.8B | 111.4B | 112.1B | 128.9B | 135.4B | |
Property Plant And Equipment Net | 10.1B | 9.2B | 9.4B | 9.4B | 10.8B | 11.4B | |
Net Debt | (129.6B) | 90.9B | 228.2B | 306.4B | 352.3B | 369.9B | |
Retained Earnings | 53.8B | 63.9B | 73.7B | 73.0B | 84.0B | 88.2B | |
Accounts Payable | 35.1B | 37.2B | 32.1B | 43.7B | 39.3B | 26.0B | |
Cash | 170.6B | 165.9B | 145.9B | 105.1B | 120.8B | 126.9B | |
Non Current Assets Total | 385.8B | 531.9B | 592.2B | 562.1B | 646.4B | 678.7B | |
Non Currrent Assets Other | (2.4B) | (2.3B) | (2.2B) | (4.0B) | (3.6B) | (3.7B) | |
Other Assets | 1.0T | 941.8B | 1.1T | 1.2T | 1.4T | 1.5T | |
Cash And Short Term Investments | 273.9B | 209.5B | 179.7B | 138.2B | 159.0B | 166.9B | |
Common Stock Shares Outstanding | 1.8B | 1.8B | 1.8B | 1.8B | 2.1B | 1.8B | |
Liabilities And Stockholders Equity | 1.7T | 1.7T | 1.9T | 2.0T | 2.3T | 2.4T | |
Non Current Liabilities Total | 41.2B | 127.9B | 248.1B | 157.0B | 180.5B | 189.5B | |
Other Stockholder Equity | 80M | 11M | 81M | 26M | 23.4M | 22.2M | |
Total Liab | 1.6T | 1.6T | 1.8T | 1.8T | 2.1T | 2.2T | |
Property Plant And Equipment Gross | 10.1B | 12.7B | 13.2B | 13.4B | 15.4B | 16.2B | |
Total Current Assets | 307.8B | 255.1B | 220.0B | 192.9B | 221.8B | 232.9B | |
Short Term Debt | 121.5B | 129.1B | 216.0B | 254.7B | 292.9B | 307.5B | |
Other Current Liab | (156.7B) | (166.3B) | (248.1B) | (298.4B) | (268.5B) | (255.1B) | |
Common Stock | 22.5B | 23.1B | 24.4B | 25.4B | 29.2B | 30.7B | |
Accumulated Other Comprehensive Income | 13.4B | 7.1B | 2.0B | 2.8B | 3.2B | 3.1B | |
Net Receivables | 34.0B | 45.6B | 40.3B | 54.6B | 62.8B | 66.0B | |
Other Liab | 18.7B | 15.3B | 22.6B | 30.1B | 27.1B | 36.9B | |
Net Tangible Assets | 70.6B | 75.8B | 85.8B | 85.6B | 98.4B | 103.4B | |
Long Term Debt | 16.4B | 51.6B | 53.9B | 151.7B | 174.5B | 183.2B | |
Good Will | 17.1B | 16.2B | 17.7B | 18.6B | 21.4B | 12.5B | |
Short Term Investments | 103.3B | 43.6B | 33.8B | 33.2B | 38.2B | 54.9B | |
Inventory | (589.6B) | (585.0B) | (592.1B) | (598.5B) | (538.6B) | (511.7B) | |
Other Current Assets | 589.6B | 585.0B | 592.1B | 598.5B | 688.2B | 463.3B | |
Long Term Investments | 504.7B | 504.3B | 562.9B | 531.3B | 611.0B | 641.5B | |
Short Long Term Debt | 103.2B | 129.1B | 216.0B | 254.7B | 292.9B | 307.5B | |
Treasury Stock | (144M) | (41M) | (37M) | (152M) | (136.8M) | (130.0M) | |
Intangible Assets | 2.1B | 2.1B | 2.3B | 2.8B | 2.5B | 2.0B | |
Property Plant Equipment | 10.1B | 9.2B | 9.4B | 9.4B | 10.8B | 11.4B |
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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 unemployment. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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Is Toronto Dominion's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toronto Dominion. If investors know Toronto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toronto Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.888 | Dividend Share 3.9 | Earnings Share 4.59 | Revenue Per Share 27.824 | Quarterly Revenue Growth 0.104 |
The market value of Toronto Dominion Bank is measured differently than its book value, which is the value of Toronto that is recorded on the company's balance sheet. Investors also form their own opinion of Toronto Dominion's value that differs from its market value or its book value, called intrinsic value, which is Toronto Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toronto Dominion's market value can be influenced by many factors that don't directly affect Toronto Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.