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TD Split (TSX:TDS.PR.C.PFD) Equity-to-Asset

: 0.75 (As of May. 2015)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TD Split's Total Stockholders Equity for the quarter that ended in May. 2015 was C$28.90 Mil. TD Split's Total Assets for the quarter that ended in May. 2015 was C$38.74 Mil. Therefore, TD Split's Equity to Asset Ratio for the quarter that ended in May. 2015 was 0.75.

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

TSX:TDS.PR.C.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.62   Max: 0.75
Current: 0.75

During the past 13 years, the highest Equity to Asset Ratio of TD Split was 0.75. The lowest was 0.39. And the median was 0.62.

TSX:TDS.PR.C.PFD's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83 vs TSX:TDS.PR.C.PFD: 0.75

TD Split Equity-to-Asset Historical Data

The historical data trend for TD Split'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.

* Premium members only.

TD Split Annual Data
Trend Nov05 Nov06 Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.62 0.65 0.71 0.75

TD Split Semi-Annual Data
May05 Nov05 May06 Nov06 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15
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 0.66 0.71 0.73 0.75 0.75

Competitive Comparison

For the Asset Management subindustry, TD Split'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.


TD Split Equity-to-Asset Distribution

For the Asset Management industry and Financial Services sector, TD Split's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TD Split's Equity-to-Asset falls into.



TD Split 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.

TD Split's Equity to Asset Ratio for the fiscal year that ended in Nov. 2014 is calculated as

Equity to Asset (A: Nov. 2014 )=Total Stockholders Equity/Total Assets
=30.122/39.978
=0.75

TD Split's Equity to Asset Ratio for the quarter that ended in May. 2015 is calculated as

Equity to Asset (Q: May. 2015 )=Total Stockholders Equity/Total Assets
=28.9/38.738
=0.75

* 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.


TD Split  (TSX:TDS.PR.C.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%.


TD Split Equity-to-Asset Related Terms

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


TD Split (TSX:TDS.PR.C.PFD) Business Description

Traded in Other Exchanges
N/A
Address
TD Split Inc., incorporated under the laws of the Province of Ontario on July 31, 2000. The Company is a closed-end mutual fund corporation mainly invests in common shares of The Toronto-Dominion Bank. The Company is a provider of advisory and capital market services and the premier provider of liquidity to corporations, governments and institutions.

TD Split (TSX:TDS.PR.C.PFD) Headlines

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