Toronto Other Current Liab vs Total Current Liabilities 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 Other Current Liab and its Total Current Liabilities 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.

Other Current Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Toronto Dominion Bank Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Toronto Dominion's Other Current Liab and Total Current Liabilities is -0.93. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities 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 Other Current Liab and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Toronto Dominion Bank are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Liab i.e., Toronto Dominion's Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on Toronto Dominion balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Toronto Dominion Bank are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Expense13.7B50.7B58.3B61.3B
Depreciation And Amortization1.8B1.9B2.2B1.2B

Toronto Dominion fundamental ratios Correlations

0.830.921.00.970.720.990.850.80.970.460.990.780.620.74-0.651.00.950.870.93-0.950.390.910.93-0.330.95
0.830.870.820.820.960.890.610.670.90.60.810.510.320.73-0.330.840.930.620.9-0.76-0.010.670.91-0.190.81
0.920.870.920.850.810.950.80.650.910.510.920.610.410.84-0.430.920.890.730.98-0.930.170.750.94-0.450.88
1.00.820.920.950.710.990.840.780.970.450.990.770.630.74-0.661.00.930.860.93-0.950.420.920.91-0.350.95
0.970.820.850.950.660.940.810.90.940.550.940.860.560.65-0.610.970.970.930.86-0.860.290.860.9-0.260.9
0.720.960.810.710.660.790.470.440.790.510.710.280.270.69-0.250.720.810.410.85-0.67-0.070.590.82-0.120.7
0.990.890.950.990.940.790.830.790.980.540.970.750.520.78-0.560.990.960.840.96-0.940.290.850.95-0.370.96
0.850.610.80.840.810.470.830.750.820.320.820.730.580.72-0.610.850.770.810.77-0.910.520.740.81-0.480.81
0.80.670.650.780.90.440.790.750.790.590.720.920.340.54-0.420.80.860.940.64-0.680.150.620.76-0.330.78
0.970.90.910.970.940.790.980.820.790.420.950.690.580.83-0.620.970.960.80.93-0.920.320.870.94-0.310.92
0.460.60.510.450.550.510.540.320.590.420.430.64-0.170.180.120.460.610.610.5-0.36-0.330.170.51-0.20.52
0.990.810.920.990.940.710.970.820.720.950.430.730.650.72-0.670.990.910.830.94-0.950.420.930.91-0.310.93
0.780.510.610.770.860.280.750.730.920.690.640.730.370.39-0.440.780.760.980.6-0.680.270.620.66-0.380.76
0.620.320.410.630.560.270.520.580.340.58-0.170.650.370.36-0.90.620.460.440.45-0.610.880.850.430.120.48
0.740.730.840.740.650.690.780.720.540.830.180.720.390.36-0.40.740.710.510.81-0.830.210.610.76-0.470.69
-0.65-0.33-0.43-0.66-0.61-0.25-0.56-0.61-0.42-0.620.12-0.67-0.44-0.9-0.4-0.65-0.51-0.51-0.440.65-0.82-0.87-0.45-0.19-0.52
1.00.840.921.00.970.720.990.850.80.970.460.990.780.620.74-0.650.950.870.93-0.950.390.910.93-0.330.95
0.950.930.890.930.970.810.960.770.860.960.610.910.760.460.71-0.510.950.850.9-0.850.160.80.94-0.250.9
0.870.620.730.860.930.410.840.810.940.80.610.830.980.440.51-0.510.870.850.71-0.780.30.710.77-0.410.84
0.930.90.980.930.860.850.960.770.640.930.50.940.60.450.81-0.440.930.90.71-0.920.190.780.95-0.420.91
-0.95-0.76-0.93-0.95-0.86-0.67-0.94-0.91-0.68-0.92-0.36-0.95-0.68-0.61-0.830.65-0.95-0.85-0.78-0.92-0.47-0.86-0.870.44-0.88
0.39-0.010.170.420.29-0.070.290.520.150.32-0.330.420.270.880.21-0.820.390.160.30.19-0.470.630.140.020.3
0.910.670.750.920.860.590.850.740.620.870.170.930.620.850.61-0.870.910.80.710.78-0.860.630.77-0.070.8
0.930.910.940.910.90.820.950.810.760.940.510.910.660.430.76-0.450.930.940.770.95-0.870.140.77-0.390.92
-0.33-0.19-0.45-0.35-0.26-0.12-0.37-0.48-0.33-0.31-0.2-0.31-0.380.12-0.47-0.19-0.33-0.25-0.41-0.420.440.02-0.07-0.39-0.4
0.950.810.880.950.90.70.960.810.780.920.520.930.760.480.69-0.520.950.90.840.91-0.880.30.80.92-0.4
Click cells to compare fundamentals

Toronto Dominion Account Relationship Matchups

Toronto Dominion fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7T1.7T1.9T2.0T2.3T2.4T
Short Long Term Debt Total41.0B256.8B374.0B411.4B473.1B496.8B
Total Current Liabilities156.7B166.3B248.1B298.4B343.1B360.3B
Total Stockholder Equity95.5B99.8B111.4B112.1B128.9B135.4B
Property Plant And Equipment Net10.1B9.2B9.4B9.4B10.8B11.4B
Net Debt(129.6B)90.9B228.2B306.4B352.3B369.9B
Retained Earnings53.8B63.9B73.7B73.0B84.0B88.2B
Accounts Payable35.1B37.2B32.1B43.7B39.3B26.0B
Cash170.6B165.9B145.9B105.1B120.8B126.9B
Non Current Assets Total385.8B531.9B592.2B562.1B646.4B678.7B
Non Currrent Assets Other(2.4B)(2.3B)(2.2B)(4.0B)(3.6B)(3.7B)
Other Assets1.0T941.8B1.1T1.2T1.4T1.5T
Cash And Short Term Investments273.9B209.5B179.7B138.2B159.0B166.9B
Common Stock Shares Outstanding1.8B1.8B1.8B1.8B2.1B1.8B
Liabilities And Stockholders Equity1.7T1.7T1.9T2.0T2.3T2.4T
Non Current Liabilities Total41.2B127.9B248.1B157.0B180.5B189.5B
Other Stockholder Equity80M11M81M26M23.4M22.2M
Total Liab1.6T1.6T1.8T1.8T2.1T2.2T
Property Plant And Equipment Gross10.1B12.7B13.2B13.4B15.4B16.2B
Total Current Assets307.8B255.1B220.0B192.9B221.8B232.9B
Short Term Debt121.5B129.1B216.0B254.7B292.9B307.5B
Other Current Liab(156.7B)(166.3B)(248.1B)(298.4B)(268.5B)(255.1B)
Common Stock22.5B23.1B24.4B25.4B29.2B30.7B
Accumulated Other Comprehensive Income13.4B7.1B2.0B2.8B3.2B3.1B
Net Receivables34.0B45.6B40.3B54.6B62.8B66.0B
Other Liab18.7B15.3B22.6B30.1B27.1B36.9B
Net Tangible Assets70.6B75.8B85.8B85.6B98.4B103.4B
Long Term Debt16.4B51.6B53.9B151.7B174.5B183.2B
Good Will17.1B16.2B17.7B18.6B21.4B12.5B
Short Term Investments103.3B43.6B33.8B33.2B38.2B54.9B
Inventory(589.6B)(585.0B)(592.1B)(598.5B)(538.6B)(511.7B)
Other Current Assets589.6B585.0B592.1B598.5B688.2B397.1B
Long Term Investments504.7B504.3B562.9B531.3B611.0B641.5B
Short Long Term Debt103.2B129.1B216.0B254.7B292.9B307.5B
Treasury Stock(144M)(41M)(37M)(152M)(136.8M)(130.0M)
Intangible Assets2.1B2.1B2.3B2.8B2.5B2.0B
Property Plant Equipment10.1B9.2B9.4B9.4B10.8B11.4B

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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:
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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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.