The Toronto-Dominion Bank (The Toronto-Dominion Bank) Total Assets : $1,423,595.32 Mil (As of Jan. 2024)

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What is The Toronto-Dominion Bank Total Assets?

The Toronto-Dominion Bank's Total Assets for the quarter that ended in Jan. 2024 was $1,423,595.32 Mil.

Warning Sign:

If a company builds assets at 7.5% a year, faster than its revenue growth rate of 5.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, The Toronto-Dominion Bank's average Total Assets Growth Rate was 2.80% per year. During the past 3 years, the average Total Assets Growth Rate was 6.20% per year. During the past 5 years, the average Total Assets Growth Rate was 7.50% per year. During the past 10 years, the average Total Assets Growth Rate was 9.10% per year.

During the past 13 years, The Toronto-Dominion Bank's highest 3-Year average Total Assets Growth Rate was 20.00%. The lowest was 0.70%. And the median was 10.20%.

Total Assets is connected with ROA %. The Toronto-Dominion Bank's annualized ROA % for the quarter that ended in Jan. 2024 was 0.59%. Total Assets is also linked to Revenue through Asset Turnover. The Toronto-Dominion Bank's Asset Turnover for the quarter that ended in Jan. 2024 was 0.01.

The Toronto-Dominion Bank Total Assets Historical Data

The historical data trend for The Toronto-Dominion Bank's Total Assets can be seen below:

* 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 Total Assets Chart

The Toronto-Dominion Bank Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Assets

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1,073,083.63

1,298,127.55

1,390,278.27

1,400,780.19

1,427,234.54

The Toronto-Dominion Bank Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															1,436,659.22	1,428,694.75	1,428,411.93	1,427,234.54	1,423,595.32

The Toronto-Dominion Bank Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

The Toronto-Dominion Bank's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	81758.314	+	1345476.225
	=	1,427,234.54

The Toronto-Dominion Bank's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	83762.944	+	1339832.377
	=	1,423,595.32

The Toronto-Dominion Bank (OTCPK:TDBKF.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

The Toronto-Dominion Bank's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	8415.408	/	( (1427234.539	+	1423595.321)	/ 2 )
	=	8415.408	/	1425414.93
	=	0.59 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

The Toronto-Dominion Bank's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	10162.408	/	( (1427234.539	+	1423595.321)	/ 2 )
=	10162.408	/	1425414.93
=	0.01

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

The Toronto-Dominion Bank Total Assets Related Terms

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The Toronto-Dominion Bank (The Toronto-Dominion Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Toronto-Dominion Bank (OTCPK:TDBKF.PFD) » Definitions » Total Assets

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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.C.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.