Toronto Dominion Bank (TD) — Defensive Interval Ratio

Latest as of April 2026: 76 days

Toronto Dominion Bank (TD) has a Defensive Interval Ratio of 76 days as of April 2026. Defensive assets of CA$342.58 Billion (cash CA$-, short-term investments CA$329.36 Billion, receivables CA$13.22 Billion) cover 76 days of daily cash needs of CA$4.50 Billion/day. See working capital to net assets of Toronto Dominion Bank to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

76 days
Days of operational coverage

Defensive Assets

CA$342.58 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CA$4.50 Billion
Current Liabilities ÷ 365

Current Liabilities

CA$1.64 Trillion
CAD

Toronto Dominion Bank Defensive Interval Ratio (1998–2025)

This chart shows how Toronto Dominion Bank's Defensive Interval Ratio has evolved across 24 annual periods from 1998 to 2025. As of April 2026, the ratio stands at 76 days, meaning defensive assets of CA$342.58 Billion can fund 76 days of operations without new revenue. See TD net asset quality score to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Toronto Dominion Bank (1998–2025)

The table below presents the year-by-year Defensive Interval Ratio for Toronto Dominion Bank from 1998 to 2025, covering 24 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see TD company net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 19 days CA$85.37 Billion CA$4.50 Billion/day CA$- CA$39.13 Billion ▼ -3 days
2024 22 days CA$97.08 Billion CA$4.48 Billion/day CA$- CA$52.47 Billion ▲ +6 days
2023 16 days CA$66.07 Billion CA$4.22 Billion/day CA$- CA$11.44 Billion ▲ +3 days
2022 12 days CA$51.45 Billion CA$4.14 Billion/day CA$- CA$11.13 Billion ▼ -7 days
2021 19 days CA$74.34 Billion CA$3.86 Billion/day CA$- CA$28.78 Billion ▼ -300 days
2020 320 days CA$137.24 Billion CA$429.27 Million/day CA$- CA$103.28 Billion ▲ +27 days
2019 293 days CA$131.68 Billion CA$449.31 Million/day CA$- CA$111.10 Billion ▲ +188 days
2018 105 days CA$58.35 Billion CA$554.58 Million/day CA$- CA$18.51 Billion ▼ -221 days
2017 326 days CA$187.09 Billion CA$573.73 Million/day CA$- CA$146.41 Billion ▼ -659 days
2016 985 days CA$62.68 Billion CA$63.61 Million/day CA$- CA$35.13 Billion ▲ +921 days
2015 65 days CA$121.40 Billion CA$1.88 Billion/day CA$- CA$88.78 Billion ▲ +34 days
2014 30 days CA$47.60 Billion CA$1.56 Billion/day CA$- CA$21.57 Billion ▼ -2838 days
2013 2868 days CA$96.22 Billion CA$33.55 Million/day CA$- CA$79.54 Billion ▼ -1462 days
2012 4330 days CA$112.09 Billion CA$25.88 Million/day CA$- CA$98.58 Billion ▲ +1535 days
2011 2795 days CA$105.85 Billion CA$37.87 Million/day CA$- CA$93.52 Billion ▲ +2680 days
2010 115 days CA$101.72 Billion CA$881.84 Million/day CA$- CA$86.69 Billion ▼ -2583 days
2009 2698 days CA$96.88 Billion CA$35.91 Million/day CA$- CA$84.84 Billion ▲ +2619 days
2008 79 days CA$91.04 Billion CA$1.16 Billion/day CA$- CA$75.12 Billion ▲ +22 days
2007 56 days CA$51.47 Billion CA$912.52 Million/day CA$- CA$35.65 Billion ▲ +43 days
2006 14 days CA$11.90 Billion CA$874.67 Million/day CA$- CA$- ▼ -3 days
2005 17 days CA$13.37 Billion CA$810.34 Million/day CA$- CA$- ▼ -2720 days
2004 2736 days CA$11.49 Billion CA$4.20 Million/day CA$- CA$- ▲ +1909 days
1999 827 days CA$4.05 Billion CA$4.90 Million/day CA$- CA$- ▼ -200 days
1998 1026 days CA$5.65 Billion CA$5.51 Million/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)