Toronto Dominion Bank Cash Flow Quality Index
Toronto Dominion Bank cash flow quality index. Toronto Dominion Bank (TD) has a Cash Flow Quality Index of -2.39x as of July 2026. Operating cash flow of CA$-11.05 Billion is below net income of CA$4.62 Billion, suggesting accrual-heavy earnings not yet converted to cash. See Toronto Dominion Bank leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Toronto Dominion Bank (1995–2025)
Cash flow quality index of Toronto Dominion Bank from 1995 to 2025. Historical Cash Flow Quality Index for Toronto Dominion Bank across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Toronto Dominion Bank debt service capacity to assess how comfortably operating cash covers total debt obligations.
Toronto Dominion Bank Cash Flow Quality Index by Year (1995–2025)
Toronto Dominion Bank cash flow quality index by year from 1995 to 2025. Year-by-year earnings quality comparison for Toronto Dominion Bank. For the full cash flow conversion analysis, see Toronto Dominion Bank cash conversion from operations.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -0.13x | CA$-2.65 Billion | CA$20.54 Billion | ▼ -104.1% |
| 2024 | 3.16x | CA$27.93 Billion | CA$8.84 Billion | ▼ -7.4% |
| 2023 | 3.41x | CA$36.77 Billion | CA$10.78 Billion | ▲ +24.5% |
| 2022 | 2.74x | CA$47.75 Billion | CA$17.43 Billion | ▼ -61.6% |
| 2021 | 7.14x | CA$102.02 Billion | CA$14.30 Billion | ▲ +393.8% |
| 2020 | -2.43x | CA$-28.89 Billion | CA$11.89 Billion | ▼ -124.0% |
| 2019 | 10.14x | CA$118.44 Billion | CA$11.69 Billion | ▲ +980717.5% |
| 2018 | 0.00x | CA$15.00 Million | CA$14.52 Billion | ▼ -99.9% |
| 2017 | 2.05x | CA$26.13 Billion | CA$12.77 Billion | ▼ -39.4% |
| 2016 | 3.38x | CA$37.40 Billion | CA$11.08 Billion | ▼ -8.7% |
| 2015 | 3.70x | CA$35.31 Billion | CA$9.55 Billion | ▲ +34.1% |
| 2014 | 2.76x | CA$25.91 Billion | CA$9.39 Billion | ▼ -21.4% |
| 2013 | 3.51x | CA$27.28 Billion | CA$7.78 Billion | ▲ +102.7% |
| 2012 | 1.73x | CA$13.06 Billion | CA$7.54 Billion | ▼ -23.3% |
| 2011 | 2.26x | CA$16.63 Billion | CA$7.37 Billion | ▲ +240.0% |
| 2010 | 0.66x | CA$3.08 Billion | CA$4.64 Billion | ▼ -91.6% |
| 2009 | 7.90x | CA$24.64 Billion | CA$3.12 Billion | ▲ +51.5% |
| 2008 | 5.21x | CA$19.98 Billion | CA$3.83 Billion | ▲ +411.6% |
| 2007 | 1.02x | CA$4.07 Billion | CA$4.00 Billion | ▲ +173.5% |
| 2006 | -1.39x | CA$-6.38 Billion | CA$4.60 Billion | ▼ -158.7% |
| 2005 | 2.36x | CA$5.26 Billion | CA$2.23 Billion | ▲ +158.5% |
| 2004 | -4.04x | CA$-9.01 Billion | CA$2.23 Billion | ▼ -184.3% |
| 2003 | 4.79x | CA$5.15 Billion | CA$1.08 Billion | ▲ +237.0% |
| 2001 | -3.50x | CA$-4.83 Billion | CA$1.38 Billion | ▲ +39.4% |
| 2000 | -5.77x | CA$-5.91 Billion | CA$1.02 Billion | ▼ -75.3% |
| 1999 | -3.29x | CA$-9.81 Billion | CA$2.98 Billion | ▲ +78.0% |
| 1998 | -14.96x | CA$-16.77 Billion | CA$1.12 Billion | ▼ -101.9% |
| 1997 | -7.41x | CA$-8.06 Billion | CA$1.09 Billion | ▼ -562.0% |
| 1996 | -1.12x | CA$-1.02 Billion | CA$913.98 Million | ▲ +51.4% |
| 1995 | -2.30x | CA$-1.83 Billion | CA$794.00 Million | — |