The Toronto-Dominion Bank (TSX:TD.PF.C.PFD) Scaled Net Operating Assets : 0.19 (As of Apr. 2024)

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What is The Toronto-Dominion Bank Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

The Toronto-Dominion Bank's operating assets for the quarter that ended in Apr. 2024 was C$1,797,655.00 Mil. The Toronto-Dominion Bank's operating liabilities for the quarter that ended in Apr. 2024 was C$1,441,898.00 Mil. The Toronto-Dominion Bank's Total Assets for the quarter that ended in Jan. 2024 was C$1,910,892.00 Mil. Therefore, The Toronto-Dominion Bank's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2024 was 0.19.

The Toronto-Dominion Bank Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

The Toronto-Dominion Bank's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Oct. 2023 )
=	(Operating Assets (A: Oct. 2023 )	-	Operating Liabilities (A: Oct. 2023 ))	/	Total Assets (A: Oct. 2022 )
=	(1851955	-	1443108)	/	1917528
=	0.21

where

	Operating Assets		(A: Oct. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1957024	-	105069
=	1851955

	Operating Liabilities		(A: Oct. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1844917	-	183912	-	217897
=	1443108

The Toronto-Dominion Bank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Apr. 2024 )
=	(Operating Assets (Q: Apr. 2024 )	-	Operating Liabilities (Q: Apr. 2024 ))	/	Total Assets (Q: Jan. 2024 )
=	(1797655	-	1441898)	/	1910892
=	0.19

where

	Operating Assets		(Q: Apr. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1966668	-	169013
=	1797655

	Operating Liabilities		(Q: Apr. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1854686	-	195560	-	217228
=	1441898

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Toronto-Dominion Bank (TSX:TD.PF.C.PFD) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

TDBKF.PFD:USA TNTTF.PFD:USA TD:USA TDB:Germany TD.PF.M.PFD:Canada TD.PF.L.PFD:Canada TD.PF.J.PFD:Canada TD.PF.I.PFD:Canada TD.PF.E.PFD:Canada TD.PF.D.PFD:Canada TD.PF.B.PFD:Canada TD.PF.A.PFD:Canada TD:Canada

Address

C/o General Counsel’s Office, P.O. Box 1, Toronto-Dominion Centre, King St. W. and Bay St., Toronto, ON, CAN, M5K 1A2

Website

https://www.td.com

Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank's U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.