TORONTO-DOMINION BK
TORONTO-DOMINION BK operates in Diversified Metals & Mining.
TORONTO-DOMINION BK (TDB) - Net Assets
Latest net assets as of July 2024: €111.58 Billion EUR
Based on the latest financial reports, TORONTO-DOMINION BK (TDB) has net assets worth €111.58 Billion EUR as of July 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.97 Trillion) and total liabilities (€1.86 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €111.58 Billion |
| % of Total Assets | 5.67% |
| Annual Growth Rate | 6.07% |
| 5-Year Change | 27.83% |
| 10-Year Change | N/A |
| Growth Volatility | 3.88 |
TORONTO-DOMINION BK - Net Assets Trend (2016–2023)
This chart illustrates how TORONTO-DOMINION BK's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TORONTO-DOMINION BK (2016–2023)
The table below shows the annual net assets of TORONTO-DOMINION BK from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-10-31 | €112.11 Billion | +0.65% |
| 2022-10-31 | €111.38 Billion | +11.59% |
| 2021-10-31 | €99.82 Billion | +4.52% |
| 2020-10-31 | €95.50 Billion | +8.89% |
| 2019-10-31 | €87.70 Billion | +9.57% |
| 2018-10-31 | €80.04 Billion | +6.45% |
| 2017-10-31 | €75.19 Billion | +1.32% |
| 2016-10-31 | €74.21 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TORONTO-DOMINION BK's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 106.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €73.04 Billion | 65.16% |
| Other Components | €39.06 Billion | 34.84% |
| Total Equity | €112.11 Billion | 100.00% |
TORONTO-DOMINION BK Competitors by Market Cap
The table below lists competitors of TORONTO-DOMINION BK ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NewGenIvf Group Limited Class A Ordinary Shares
NASDAQ:NIVF
|
$789.85K |
|
GBL (EAI.SG)
STU:EAI
|
$790.03K |
|
Barbara Bui SA
PA:BUI
|
$790.09K |
|
Oceanic Wind Energy Inc
PINK:NKWFF
|
$790.26K |
|
LiveHire Ltd
AU:LVH
|
$788.52K |
|
Nano Magic Inc
PINK:NMGX
|
$788.21K |
|
Payment Financial Technologies Ltd
TA:PMNT
|
$786.90K |
|
SNP SCHNEIDER-NEURE
MU:SHF
|
$786.83K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TORONTO-DOMINION BK's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 111,383,000,000 to 112,107,000,000, a change of 724,000,000 (0.7%).
- Net income of 10,782,000,000 contributed positively to equity growth.
- Dividend payments of 5,825,000,000 reduced retained earnings.
- Share repurchases of 13,234,000,000 reduced equity.
- New share issuances of 8,571,000,000 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €10.78 Billion | +9.62% |
| Dividends Paid | €5.83 Billion | -5.2% |
| Share Repurchases | €13.23 Billion | -11.8% |
| Share Issuances | €8.57 Billion | +7.65% |
| Other Changes | €430.00 Million | +0.38% |
| Total Change | €- | 0.65% |
Book Value vs Market Value Analysis
This analysis compares TORONTO-DOMINION BK's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.05x to 1.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-10-31 | €40.28 | €82.72 | x |
| 2018-10-31 | €43.19 | €82.72 | x |
| 2019-10-31 | €48.39 | €82.72 | x |
| 2020-10-31 | €52.60 | €82.72 | x |
| 2021-10-31 | €54.79 | €82.72 | x |
| 2022-10-31 | €61.18 | €82.72 | x |
| 2023-10-31 | €62.60 | €82.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TORONTO-DOMINION BK utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.37%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 17.46x
- Recent ROE (9.62%) is below the historical average (13.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 12.16% | 25.94% | 0.03x | 16.22x | €1.56 Billion |
| 2017 | 14.01% | 29.01% | 0.03x | 17.24x | €2.98 Billion |
| 2018 | 14.25% | 29.23% | 0.03x | 16.89x | €3.36 Billion |
| 2019 | 13.30% | 28.65% | 0.03x | 16.14x | €2.90 Billion |
| 2020 | 12.46% | 27.48% | 0.03x | 17.97x | €2.35 Billion |
| 2021 | 14.32% | 33.83% | 0.02x | 17.32x | €4.32 Billion |
| 2022 | 15.65% | 38.09% | 0.02x | 17.22x | €6.29 Billion |
| 2023 | 9.62% | 20.37% | 0.03x | 17.46x | €-428.70 Million |
Industry Comparison
This section compares TORONTO-DOMINION BK's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TORONTO-DOMINION BK (TDB) | €111.58 Billion | 12.16% | 16.63x | $789.49K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |