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Toronto Dominion Bank (TSE:TD)
TSX:TD
Canadian Market

Toronto Dominion Bank (TD) Ratios

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Toronto Dominion Bank Ratios

TSE:TD's free cash flow for Q1 2025 was C$1.00. For the 2025 fiscal year, TSE:TD's free cash flow was decreased by C$ and operating cash flow was C$-0.04. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.00 2.24 0.89 1.53 1.96
Quick Ratio
0.00 2.24 3.27 5.05 5.73
Cash Ratio
0.00 0.39 0.59 1.00 1.09
Solvency Ratio
<0.01 <0.01 0.01 0.01 <0.01
Operating Cash Flow Ratio
0.00 -0.15 0.16 0.30 1.48
Short-Term Operating Cash Flow Coverage
0.22 -0.18 0.18 0.39 2.57
Net Current Asset Value
C$ -1.72TC$ -1.25TC$ -1.59TC$ -1.37TC$ -1.31T
Leverage Ratios
Debt-to-Assets Ratio
0.22 0.21 0.20 0.15 0.02
Debt-to-Equity Ratio
4.00 3.58 3.36 2.57 0.43
Debt-to-Capital Ratio
0.80 0.78 0.77 0.72 0.30
Long-Term Debt-to-Capital Ratio
0.64 0.61 0.58 0.55 0.63
Financial Leverage Ratio
17.90 17.46 17.22 17.32 17.97
Debt Service Coverage Ratio
0.06 0.04 0.08 0.12 0.13
Interest Coverage Ratio
0.33 0.31 2.57 3.29 1.30
Debt to Market Cap
3.39 2.81 2.34 1.53 2.38
Interest Debt Per Share
299.57 248.31 214.15 144.26 28.22
Net Debt to EBITDA
12.45 19.79 10.28 4.73 -9.22
Profitability Margins
Gross Profit Margin
100.00%102.80%100.00%100.00%100.00%
EBIT Margin
36.94%25.42%44.63%40.54%27.53%
EBITDA Margin
40.56%29.13%48.49%45.43%32.47%
Operating Profit Margin
36.94%30.62%76.69%42.40%30.14%
Pretax Profit Margin
19.36%25.42%44.63%40.54%27.53%
Net Profit Margin
15.80%20.94%38.09%33.83%27.48%
Continuous Operations Profit Margin
15.80%20.65%38.09%33.83%27.48%
Net Income Per EBT
81.64%82.39%85.34%83.45%99.84%
EBT Per EBIT
52.40%83.02%58.20%95.62%91.32%
Return on Assets (ROA)
0.43%0.55%0.91%0.83%0.69%
Return on Equity (ROE)
7.68%9.62%15.65%14.32%12.46%
Return on Capital Employed (ROCE)
1.00%0.93%2.10%1.15%0.84%
Return on Invested Capital (ROIC)
0.67%0.49%3.62%1.89%1.88%
Return on Tangible Assets
0.43%0.56%0.92%0.84%0.70%
Earnings Yield
6.57%7.64%11.04%8.70%11.20%
Efficiency Ratios
Receivables Turnover
1.25 0.00 1.13 0.93 0.88
Payables Turnover
0.00 -0.03 0.00 0.00 0.00
Inventory Turnover
0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
5.69 5.46 4.87 4.60 4.27
Asset Turnover
0.03 0.03 0.02 0.02 0.03
Working Capital Turnover Ratio
0.20 0.34 1.51 0.35 0.58
Cash Conversion Cycle
291.09 11.02K 321.63 393.44 416.41
Days of Sales Outstanding
291.09 0.00 321.63 393.44 416.41
Days of Inventory Outstanding
0.00 0.00 0.00 0.00 0.00
Days of Payables Outstanding
0.00 -11.02K 0.00 0.00 0.00
Operating Cycle
291.09 0.00 321.63 393.44 416.41
Cash Flow Ratios
Operating Cash Flow Per Share
31.43 -21.85 21.51 27.58 128.25
Free Cash Flow Per Share
30.19 -36.84 20.71 26.96 127.28
CapEx Per Share
1.25 1.01 0.80 0.62 0.97
Free Cash Flow to Operating Cash Flow
0.96 1.69 0.96 0.98 0.99
Dividend Paid and CapEx Coverage Ratio
5.88 -5.19 4.80 7.50 42.79
Capital Expenditure Coverage Ratio
25.24 -21.59 26.79 44.40 131.92
Operating Cash Flow Coverage Ratio
0.12 -0.10 0.10 0.20 5.66
Operating Cash Flow to Sales Ratio
0.98 -0.77 0.85 1.19 5.36
Free Cash Flow Yield
39.22%-47.56%23.75%29.81%216.53%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
15.21 13.09 9.06 11.50 8.93
Price-to-Sales (P/S) Ratio
2.40 2.74 3.45 3.89 2.45
Price-to-Book (P/B) Ratio
1.17 1.26 1.42 1.65 1.11
Price-to-Free Cash Flow (P/FCF) Ratio
2.55 -2.10 4.21 3.35 0.46
Price-to-Operating Cash Flow Ratio
2.45 -3.55 4.05 3.28 0.46
Price-to-Earnings Growth (PEG) Ratio
-1.00 -0.32 0.40 0.57 3.29
Price-to-Fair Value
1.17 1.26 1.42 1.65 1.11
Enterprise Value Multiple
18.38 29.20 17.40 13.29 -1.66
EV to EBITDA
18.38 29.20 17.40 13.29 -1.66
EV to Sales
7.46 8.51 8.44 6.04 -0.54
EV to Free Cash Flow
7.91 -6.52 10.30 5.21 -0.10
EV to Operating Cash Flow
7.59 -11.00 9.91 5.09 -0.10
Tangible Book Value Per Share
53.36 49.79 50.50 44.82 42.18
Shareholders’ Equity Per Share
65.89 61.51 61.52 54.91 52.84
Tax and Other Ratios
Effective Tax Rate
0.25 0.24 0.20 0.21 0.10
Revenue Per Share
32.01 28.25 25.28 23.25 23.95
Net Income Per Share
5.06 5.92 9.63 7.87 6.58
Tax Burden
0.82 0.82 0.85 0.83 1.00
Interest Burden
0.52 1.00 1.00 1.00 1.00
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.42 0.40 0.36 0.36 0.34
Stock-Based Compensation to Revenue
0.00 0.03 0.02 0.03 <0.01
Income Quality
6.21 -3.69 2.23 3.51 17.77
Currency in CAD
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