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The Toronto-Dominion Bank (TSX:TD.PF.C.PFD) Scaled Net Operating Assets : 0.16 (As of Jan. 2025)


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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. 2025 was C$1,842,088.00 Mil. The Toronto-Dominion Bank's operating liabilities for the quarter that ended in Jan. 2025 was C$1,508,809.00 Mil. The Toronto-Dominion Bank's Total Assets for the quarter that ended in Oct. 2024 was C$2,061,751.00 Mil. Therefore, The Toronto-Dominion Bank's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2025 was 0.16.


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. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2024 )
=(Operating Assets (A: Oct. 2024 )-Operating Liabilities (A: Oct. 2024 ))/Total Assets (A: Oct. 2023 )
=(1883728-1485928)/1955139
=0.20

where

Operating Assets(A: Oct. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2061751 - 178023
=1883728

Operating Liabilities(A: Oct. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1946591 - 209346 - 251317
=1485928

The Toronto-Dominion Bank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2025 )
=(Operating Assets (Q: Jan. 2025 )-Operating Liabilities (Q: Jan. 2025 ))/Total Assets (Q: Oct. 2024 )
=(1842088-1508809)/2061751
=0.16

where

Operating Assets(Q: Jan. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2093554 - 251466
=1842088

Operating Liabilities(Q: Jan. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1974550 - 225420 - 240321
=1508809

* 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 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 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 10.1% ownership stake in Charles Schwab.