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The Toronto-Dominion Bank (STU:TDB) Scaled Net Operating Assets : 0.18 (As of Jan. 2024)


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What is The Toronto-Dominion Bank Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

The Toronto-Dominion Bank's operating assets for the quarter that ended in Jan. 2024 was €1,200,547 Mil. The Toronto-Dominion Bank's operating liabilities for the quarter that ended in Jan. 2024 was €956,495 Mil. The Toronto-Dominion Bank's Total Assets for the quarter that ended in Oct. 2023 was €1,351,591 Mil. Therefore, The Toronto-Dominion Bank's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.18.


The Toronto-Dominion Bank Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

The Toronto-Dominion Bank's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2023 )
=(Operating Assets (A: Oct. 2023 )-Operating Liabilities (A: Oct. 2023 ))/Total Assets (A: Oct. 2022 )
=(1279026.681-996662.249)/1421791.891
=0.20

where

Operating Assets(A: Oct. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1351591.109 - 72564.428
=1279026.681

Operating Liabilities(A: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1274165.985 - 127016.237 - 150487.499
=996662.249

The Toronto-Dominion Bank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Oct. 2023 )
=(1200547.447-956495.406)/1351591.109
=0.18

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1306860.505 - 106313.058
=1200547.447

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1229966.122 - 123660.201 - 149810.515
=956495.406

* 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 Scaled Net Operating Assets Related Terms

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The Toronto-Dominion Bank (STU:TDB) 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, 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.