The Toronto-Dominion Bank (FRA:TDB) Debt-to-Asset : 0.14 (As of Jul. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:TDB The Toronto-Dominion Bank FRA:TDB
74 GF Score
Price €106.72
GF Value €64.45
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is The Toronto-Dominion Bank Debt-to-Asset?

The Toronto-Dominion Bank FRA:TDB +1.43% 74 Debt-to-Asset is 0.14 as of Jul. 2026. GuruFocus rates FRA:TDB with a GF Score™ of 74/100 and a GF Value™ of €64.45 (Significantly Overvalued). The stock has 5 warning signs investors should review.

The Toronto-Dominion Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2026 was €147,981 Mil. The Toronto-Dominion Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2026 was €36,563 Mil. The Toronto-Dominion Bank's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jul. 2026 was €1,308,238 Mil. The Toronto-Dominion Bank's debt to asset for the quarter that ended in Jul. 2026 was 0.14.


The Toronto-Dominion Bank  (FRA:TDB) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


The Toronto-Dominion Bank Debt-to-Asset Related Terms


The Toronto-Dominion Bank Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for The Toronto-Dominion Bank's Debt-to-Asset 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.

The Toronto-Dominion Bank Debt-to-Asset Chart

The Toronto-Dominion Bank Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.10 0.12 0.14 0.13

The Toronto-Dominion Bank Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.13 0.13 0.13 0.14

FRA:TDB vs JPM, BAC, WFC: Debt-to-Asset Comparison

For the Banks - Diversified subindustry, The Toronto-Dominion Bank's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Toronto-Dominion Bank Debt-to-Asset vs Banks Industry

For the Banks industry and Financial Services sector, The Toronto-Dominion Bank's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where The Toronto-Dominion Bank's Debt-to-Asset falls into.


FRA:TDB
74GF Score
The Toronto-Dominion Bank FRA:TDB
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Toronto-Dominion Bank Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

The Toronto-Dominion Bank's Debt-to-Asset for the fiscal year that ended in Oct. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(144803.3258667 + 27907.367943973) / 1294982.3817581
=0.13

The Toronto-Dominion Bank's Debt-to-Asset for the quarter that ended in Jul. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(147981.25088598 + 36563.324615285) / 1308237.7992824
=0.14

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.14 mean?
The Toronto-Dominion Bank (FRA:TDB) has a Debt-to-Asset of 0.14 as of Jul. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on The Toronto-Dominion Bank and its competitors.
Is The Toronto-Dominion Bank's Debt-to-Asset too high?
The Toronto-Dominion Bank's current Debt-to-Asset is 0.14. Overall, The Toronto-Dominion Bank has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Toronto-Dominion Bank's Debt-to-Asset compare to JPM and BAC?
The Toronto-Dominion Bank's Debt-to-Asset of 0.14 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Banks company?
A good Debt-to-Asset depends on the Banks industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on The Toronto-Dominion Bank and its competitors. The Toronto-Dominion Bank's current Debt-to-Asset is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Toronto-Dominion Bank stock overvalued right now?
Based on GuruFocus' analysis, The Toronto-Dominion Bank (FRA:TDB) is currently considered Significantly Overvalued. The stock's GF Value™ is €64.45, compared to a current price of €106.72 — trading 65.6% above its estimated fair value. The current Debt-to-Asset is 0.14. The Toronto-Dominion Bank's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For The Toronto-Dominion Bank (FRA:TDB), the current Debt-to-Asset is 0.14 as of Jul. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Toronto-Dominion Bank (FRA:TDB) Overvalued in 2026?

Based on GuruFocus' analysis, The Toronto-Dominion Bank stock appears to be overvalued. The current stock price of €106.72 is trading 65.6% above its estimated GF Value™ of €64.45. GuruFocus considers The Toronto-Dominion Bank to be Significantly Overvalued.

Key valuation signals for FRA:TDB:

  • Debt-to-Asset: 0.14
  • GF Value™: €64.45 vs. price of €106.72 (65.6% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the FRA:TDB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Toronto-Dominion Bank Business Description

Address Toronto-Dominion Centre, P.O. Box 1, Toronto, ON, CAN, M5K 1A2
Toronto-Dominion is one of Canada's two largest banks with over CAD 2 trillion in assets by the end of April 2026. TD Bank operates four business segments: Canadian personal and commercial banking, US retail banking, wealth management and insurance, and wholesale banking. The bank derives more than 50% of its revenue from Canada and has dominant market shares in nearly all banking products and services. TD has around 44% of its revenue from its US operations. Its US footprint spans from Maine to Florida, with a strong presence in the Northeast.
74GF Score

Get the complete analysis for FRA:TDB

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€106.72
Price
€64.45
GF Value