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TD (The Toronto-Dominion Bank) Liabilities-to-Assets : 0.94 (As of Oct. 2024)


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What is The Toronto-Dominion Bank Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. The Toronto-Dominion Bank's Total Liabilities for the quarter that ended in Oct. 2024 was $1,414,982 Mil. The Toronto-Dominion Bank's Total Assets for the quarter that ended in Oct. 2024 was $1,498,692 Mil. Therefore, The Toronto-Dominion Bank's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2024 was 0.94.


The Toronto-Dominion Bank Liabilities-to-Assets Historical Data

The historical data trend for The Toronto-Dominion Bank's Liabilities-to-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 Liabilities-to-Assets Chart

The Toronto-Dominion Bank Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.94 0.94 0.94 0.94

The Toronto-Dominion Bank Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Liabilities-to-Assets 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 0.94 0.94 0.94 0.94 0.94

Competitive Comparison of The Toronto-Dominion Bank's Liabilities-to-Assets

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

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

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



The Toronto-Dominion Bank Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

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

Liabilities-to-Assets (A: Oct. 2024 )=Total Liabilities/Total Assets
=1414982.191/1498692.302
=0.94

The Toronto-Dominion Bank's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2024 is calculated as

Liabilities-to-Assets (Q: Oct. 2024 )=Total Liabilities/Total Assets
=1414982.191/1498692.302
=0.94

* 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  (NYSE:TD) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


The Toronto-Dominion Bank Liabilities-to-Assets Related Terms

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The Toronto-Dominion Bank Business Description

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

The Toronto-Dominion Bank Headlines

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