Toronto Cash vs Net Receivables Analysis

TD Stock

USD 56.01 0.69 1.25%

Toronto Dominion financial indicator trend analysis is much more than just breaking down Toronto Dominion Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Toronto Dominion Bank is a good investment. Please check the relationship between Toronto Dominion Cash and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toronto Dominion Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Toronto Dominion Bank Cash account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Toronto Dominion's Cash and Net Receivables is 0.76. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Toronto Dominion Bank, assuming nothing else is changed. The correlation between historical values of Toronto Dominion's Cash and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Toronto Dominion Bank are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., Toronto Dominion's Cash and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash

Cash refers to the most liquid asset of Toronto Dominion Bank, which is listed under current asset account on Toronto Dominion Bank balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Toronto Dominion customers. The amounts must be unrestricted with restricted cash listed in a different Toronto Dominion account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Receivables

Most indicators from Toronto Dominion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Toronto Dominion Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toronto Dominion Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

At present, Toronto Dominion's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 26.65, whereas Tax Provision is forecasted to decline to about 2.9 B.

	2021	2022	2023	2024 (projected)
Interest Expense	13.7B	50.7B	58.3B	61.3B
Depreciation And Amortization	1.8B	1.9B	2.2B	1.2B

Interest Expense Depreciation And Amortization

Toronto Dominion fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Liab	Common Stock Total Equity	Common Stock	Net Receivables	Other Liab	Net Tangible Assets
Total Assets		0.83	0.92	1.0	0.97	0.72	0.99	0.85	0.8	0.97	0.46	0.99	0.78	0.62	0.74	-0.65	1.0	0.95	0.87	0.93	-0.95	0.39	0.91	0.93	-0.33	0.95
Short Long Term Debt Total	0.83		0.87	0.82	0.82	0.96	0.89	0.61	0.67	0.9	0.6	0.81	0.51	0.32	0.73	-0.33	0.84	0.93	0.62	0.9	-0.76	-0.01	0.67	0.91	-0.19	0.81
Total Current Liabilities	0.92	0.87		0.92	0.85	0.81	0.95	0.8	0.65	0.91	0.51	0.92	0.61	0.41	0.84	-0.43	0.92	0.89	0.73	0.98	-0.93	0.17	0.75	0.94	-0.45	0.88
Total Stockholder Equity	1.0	0.82	0.92		0.95	0.71	0.99	0.84	0.78	0.97	0.45	0.99	0.77	0.63	0.74	-0.66	1.0	0.93	0.86	0.93	-0.95	0.42	0.92	0.91	-0.35	0.95
Property Plant And Equipment Net	0.97	0.82	0.85	0.95		0.66	0.94	0.81	0.9	0.94	0.55	0.94	0.86	0.56	0.65	-0.61	0.97	0.97	0.93	0.86	-0.86	0.29	0.86	0.9	-0.26	0.9
Net Debt	0.72	0.96	0.81	0.71	0.66		0.79	0.47	0.44	0.79	0.51	0.71	0.28	0.27	0.69	-0.25	0.72	0.81	0.41	0.85	-0.67	-0.07	0.59	0.82	-0.12	0.7
Retained Earnings	0.99	0.89	0.95	0.99	0.94	0.79		0.83	0.79	0.98	0.54	0.97	0.75	0.52	0.78	-0.56	0.99	0.96	0.84	0.96	-0.94	0.29	0.85	0.95	-0.37	0.96
Accounts Payable	0.85	0.61	0.8	0.84	0.81	0.47	0.83		0.75	0.82	0.32	0.82	0.73	0.58	0.72	-0.61	0.85	0.77	0.81	0.77	-0.91	0.52	0.74	0.81	-0.48	0.81
Cash	0.8	0.67	0.65	0.78	0.9	0.44	0.79	0.75		0.79	0.59	0.72	0.92	0.34	0.54	-0.42	0.8	0.86	0.94	0.64	-0.68	0.15	0.62	0.76	-0.33	0.78
Non Current Assets Total	0.97	0.9	0.91	0.97	0.94	0.79	0.98	0.82	0.79		0.42	0.95	0.69	0.58	0.83	-0.62	0.97	0.96	0.8	0.93	-0.92	0.32	0.87	0.94	-0.31	0.92
Non Currrent Assets Other	0.46	0.6	0.51	0.45	0.55	0.51	0.54	0.32	0.59	0.42		0.43	0.64	-0.17	0.18	0.12	0.46	0.61	0.61	0.5	-0.36	-0.33	0.17	0.51	-0.2	0.52
Other Assets	0.99	0.81	0.92	0.99	0.94	0.71	0.97	0.82	0.72	0.95	0.43		0.73	0.65	0.72	-0.67	0.99	0.91	0.83	0.94	-0.95	0.42	0.93	0.91	-0.31	0.93
Cash And Short Term Investments	0.78	0.51	0.61	0.77	0.86	0.28	0.75	0.73	0.92	0.69	0.64	0.73		0.37	0.39	-0.44	0.78	0.76	0.98	0.6	-0.68	0.27	0.62	0.66	-0.38	0.76
Common Stock Shares Outstanding	0.62	0.32	0.41	0.63	0.56	0.27	0.52	0.58	0.34	0.58	-0.17	0.65	0.37		0.36	-0.9	0.62	0.46	0.44	0.45	-0.61	0.88	0.85	0.43	0.12	0.48
Non Current Liabilities Total	0.74	0.73	0.84	0.74	0.65	0.69	0.78	0.72	0.54	0.83	0.18	0.72	0.39	0.36		-0.4	0.74	0.71	0.51	0.81	-0.83	0.21	0.61	0.76	-0.47	0.69
Other Stockholder Equity	-0.65	-0.33	-0.43	-0.66	-0.61	-0.25	-0.56	-0.61	-0.42	-0.62	0.12	-0.67	-0.44	-0.9	-0.4		-0.65	-0.51	-0.51	-0.44	0.65	-0.82	-0.87	-0.45	-0.19	-0.52
Total Liab	1.0	0.84	0.92	1.0	0.97	0.72	0.99	0.85	0.8	0.97	0.46	0.99	0.78	0.62	0.74	-0.65		0.95	0.87	0.93	-0.95	0.39	0.91	0.93	-0.33	0.95
Property Plant And Equipment Gross	0.95	0.93	0.89	0.93	0.97	0.81	0.96	0.77	0.86	0.96	0.61	0.91	0.76	0.46	0.71	-0.51	0.95		0.85	0.9	-0.85	0.16	0.8	0.94	-0.25	0.9
Total Current Assets	0.87	0.62	0.73	0.86	0.93	0.41	0.84	0.81	0.94	0.8	0.61	0.83	0.98	0.44	0.51	-0.51	0.87	0.85		0.71	-0.78	0.3	0.71	0.77	-0.41	0.84
Short Term Debt	0.93	0.9	0.98	0.93	0.86	0.85	0.96	0.77	0.64	0.93	0.5	0.94	0.6	0.45	0.81	-0.44	0.93	0.9	0.71		-0.92	0.19	0.78	0.95	-0.42	0.91
Other Current Liab	-0.95	-0.76	-0.93	-0.95	-0.86	-0.67	-0.94	-0.91	-0.68	-0.92	-0.36	-0.95	-0.68	-0.61	-0.83	0.65	-0.95	-0.85	-0.78	-0.92		-0.47	-0.86	-0.87	0.44	-0.88
Common Stock Total Equity	0.39	-0.01	0.17	0.42	0.29	-0.07	0.29	0.52	0.15	0.32	-0.33	0.42	0.27	0.88	0.21	-0.82	0.39	0.16	0.3	0.19	-0.47		0.63	0.14	0.02	0.3
Common Stock	0.91	0.67	0.75	0.92	0.86	0.59	0.85	0.74	0.62	0.87	0.17	0.93	0.62	0.85	0.61	-0.87	0.91	0.8	0.71	0.78	-0.86	0.63		0.77	-0.07	0.8
Net Receivables	0.93	0.91	0.94	0.91	0.9	0.82	0.95	0.81	0.76	0.94	0.51	0.91	0.66	0.43	0.76	-0.45	0.93	0.94	0.77	0.95	-0.87	0.14	0.77		-0.39	0.92
Other Liab	-0.33	-0.19	-0.45	-0.35	-0.26	-0.12	-0.37	-0.48	-0.33	-0.31	-0.2	-0.31	-0.38	0.12	-0.47	-0.19	-0.33	-0.25	-0.41	-0.42	0.44	0.02	-0.07	-0.39		-0.4
Net Tangible Assets	0.95	0.81	0.88	0.95	0.9	0.7	0.96	0.81	0.78	0.92	0.52	0.93	0.76	0.48	0.69	-0.52	0.95	0.9	0.84	0.91	-0.88	0.3	0.8	0.92	-0.4

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Toronto Dominion Account Relationship Matchups

Toronto Dominion fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7T	1.7T	1.9T	2.0T	2.3T	2.4T
Short Long Term Debt Total	41.0B	256.8B	374.0B	411.4B	473.1B	496.8B
Total Current Liabilities	156.7B	166.3B	248.1B	298.4B	343.1B	360.3B
Total Stockholder Equity	95.5B	99.8B	111.4B	112.1B	128.9B	135.4B
Property Plant And Equipment Net	10.1B	9.2B	9.4B	9.4B	10.8B	11.4B
Net Debt	(129.6B)	90.9B	228.2B	306.4B	352.3B	369.9B
Retained Earnings	53.8B	63.9B	73.7B	73.0B	84.0B	88.2B
Accounts Payable	35.1B	37.2B	32.1B	43.7B	39.3B	26.0B
Cash	170.6B	165.9B	145.9B	105.1B	120.8B	126.9B
Non Current Assets Total	385.8B	531.9B	592.2B	562.1B	646.4B	678.7B
Non Currrent Assets Other	(2.4B)	(2.3B)	(2.2B)	(4.0B)	(3.6B)	(3.7B)
Other Assets	1.0T	941.8B	1.1T	1.2T	1.4T	1.5T
Cash And Short Term Investments	273.9B	209.5B	179.7B	138.2B	159.0B	166.9B
Common Stock Shares Outstanding	1.8B	1.8B	1.8B	1.8B	2.1B	1.8B
Liabilities And Stockholders Equity	1.7T	1.7T	1.9T	2.0T	2.3T	2.4T
Non Current Liabilities Total	41.2B	127.9B	248.1B	157.0B	180.5B	189.5B
Other Stockholder Equity	80M	11M	81M	26M	23.4M	22.2M
Total Liab	1.6T	1.6T	1.8T	1.8T	2.1T	2.2T
Property Plant And Equipment Gross	10.1B	12.7B	13.2B	13.4B	15.4B	16.2B
Total Current Assets	307.8B	255.1B	220.0B	192.9B	221.8B	232.9B
Short Term Debt	121.5B	129.1B	216.0B	254.7B	292.9B	307.5B
Other Current Liab	(156.7B)	(166.3B)	(248.1B)	(298.4B)	(268.5B)	(255.1B)
Common Stock	22.5B	23.1B	24.4B	25.4B	29.2B	30.7B
Accumulated Other Comprehensive Income	13.4B	7.1B	2.0B	2.8B	3.2B	3.1B
Net Receivables	34.0B	45.6B	40.3B	54.6B	62.8B	66.0B
Other Liab	18.7B	15.3B	22.6B	30.1B	27.1B	36.9B
Net Tangible Assets	70.6B	75.8B	85.8B	85.6B	98.4B	103.4B
Long Term Debt	16.4B	51.6B	53.9B	151.7B	174.5B	183.2B
Good Will	17.1B	16.2B	17.7B	18.6B	21.4B	12.5B
Short Term Investments	103.3B	43.6B	33.8B	33.2B	38.2B	54.9B
Inventory	(589.6B)	(585.0B)	(592.1B)	(598.5B)	(538.6B)	(511.7B)
Other Current Assets	589.6B	585.0B	592.1B	598.5B	688.2B	397.1B
Long Term Investments	504.7B	504.3B	562.9B	531.3B	611.0B	641.5B
Short Long Term Debt	103.2B	129.1B	216.0B	254.7B	292.9B	307.5B
Treasury Stock	(144M)	(41M)	(37M)	(152M)	(136.8M)	(130.0M)
Intangible Assets	2.1B	2.1B	2.3B	2.8B	2.5B	2.0B
Property Plant Equipment	10.1B	9.2B	9.4B	9.4B	10.8B	11.4B

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When determining whether Toronto Dominion Bank is a strong investment it is important to analyze Toronto Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Toronto Dominion's future performance. For an informed investment choice regarding Toronto Stock, refer to the following important reports:

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toronto Dominion Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Note that the Toronto Dominion Bank information on this page should be used as a complementary analysis to other Toronto Dominion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Toronto Dominion's price analysis, check to measure Toronto Dominion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Toronto Dominion is operating at the current time. Most of Toronto Dominion's value examination focuses on studying past and present price action to predict the probability of Toronto Dominion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toronto Dominion's price. Additionally, you may evaluate how the addition of Toronto Dominion to your portfolios can decrease your overall portfolio volatility.

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Is Toronto Dominion's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toronto Dominion. If investors know Toronto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toronto Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.888

Dividend Share

3.9

Earnings Share

4.63

Revenue Per Share

27.824

Quarterly Revenue Growth

0.104

The market value of Toronto Dominion Bank is measured differently than its book value, which is the value of Toronto that is recorded on the company's balance sheet. Investors also form their own opinion of Toronto Dominion's value that differs from its market value or its book value, called intrinsic value, which is Toronto Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toronto Dominion's market value can be influenced by many factors that don't directly affect Toronto Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Toronto Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toronto Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toronto Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Toronto Cash vs Net Receivables Analysis

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

Correlation Coefficient

Cash

Net Receivables

Toronto Dominion fundamental ratios Correlations

Toronto Dominion Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Toronto Dominion fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 0.99	Total Assets
Other Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity

Other Current Liab	- 0.95	Total Liab
Other Current Liab	- 0.95	Other Assets
Other Current Liab	- 0.95	Total Stockholder Equity
Other Current Liab	- 0.95	Total Assets
Other Current Liab	- 0.94	Retained Earnings
Other Current Liab	- 0.93	Total Current Liabilities