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The Toronto-Dominion Bank (TSX:TD.PF.L.PFD) Equity-to-Asset : 0.06 (As of Jan. 2025)


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

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Toronto-Dominion Bank's Total Stockholders Equity for the quarter that ended in Jan. 2025 was C$119,004.00 Mil. The Toronto-Dominion Bank's Total Assets for the quarter that ended in Jan. 2025 was C$2,093,554.00 Mil. Therefore, The Toronto-Dominion Bank's Equity to Asset Ratio for the quarter that ended in Jan. 2025 was 0.06.

The historical rank and industry rank for The Toronto-Dominion Bank's Equity-to-Asset or its related term are showing as below:

TSX:TD.PF.L.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.06   Max: 0.06
Current: 0.06

During the past 13 years, the highest Equity to Asset Ratio of The Toronto-Dominion Bank was 0.06. The lowest was 0.05. And the median was 0.06.

TSX:TD.PF.L.PFD's Equity-to-Asset is ranked worse than
83.92% of 1580 companies
in the Banks industry
Industry Median: 0.1 vs TSX:TD.PF.L.PFD: 0.06

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

The historical data trend for The Toronto-Dominion Bank's Equity-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.

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The Toronto-Dominion Bank Equity-to-Asset Chart

The Toronto-Dominion Bank Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.06 0.06 0.06

The Toronto-Dominion Bank Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Equity-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 0.06 0.06 0.06 0.06 0.06

Competitive Comparison of The Toronto-Dominion Bank's Equity-to-Asset

For the Banks - Diversified subindustry, The Toronto-Dominion Bank's Equity-to-Asset, along with its competitors' market caps and Equity-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's Equity-to-Asset Distribution in the Banks Industry

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

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


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The Toronto-Dominion Bank Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

The Toronto-Dominion Bank's Equity to Asset Ratio for the fiscal year that ended in Oct. 2024 is calculated as

Equity to Asset (A: Oct. 2024 )=Total Stockholders Equity/Total Assets
=115160/2061751
=0.06

The Toronto-Dominion Bank's Equity to Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

Equity to Asset (Q: Jan. 2025 )=Total Stockholders Equity/Total Assets
=119004/2093554
=0.06

* 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  (TSX:TD.PF.L.PFD) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


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

Thank you for viewing the detailed overview of The Toronto-Dominion Bank's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


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. 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 55% of its revenue from Canada and has dominant market share in nearly all banking products and services. TD has around 40% of its revenue from its US operations. Its US footprint spans from Maine to Florida, with a strong presence in the Northeast.

The Toronto-Dominion Bank Headlines

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