The Toronto-Dominion Bank (TD.TO)
76.54
-0.22
(-0.29%)
CAD |
TSX |
Nov 04, 16:00
Toronto-Dominion Bank Debt to Equity Ratio: 3.793 for July 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| July 31, 2024 | 3.793 |
| April 30, 2024 | 3.640 |
| January 31, 2024 | 3.511 |
| October 31, 2023 | 3.539 |
| July 31, 2023 | 3.439 |
| April 30, 2023 | 3.621 |
| January 31, 2023 | 3.721 |
| October 31, 2022 | 3.310 |
| July 31, 2022 | 3.185 |
| April 30, 2022 | 3.029 |
| January 31, 2022 | 2.780 |
| October 31, 2021 | 2.518 |
| July 31, 2021 | 2.457 |
| April 30, 2021 | 2.574 |
| January 31, 2021 | 2.751 |
| October 31, 2020 | 2.643 |
| July 31, 2020 | 3.069 |
| April 30, 2020 | 3.069 |
| January 31, 2020 | 3.238 |
| October 31, 2019 | 3.201 |
| July 31, 2019 | 3.306 |
| April 30, 2019 | 3.127 |
| January 31, 2019 | 3.122 |
| October 31, 2018 | 3.350 |
| July 31, 2018 | 0.4477 |
| Date | Value |
|---|---|
| April 30, 2018 | 0.466 |
| January 31, 2018 | 0.4867 |
| October 31, 2017 | 3.153 |
| July 31, 2017 | 0.5403 |
| April 30, 2017 | 0.5162 |
| January 31, 2017 | 0.5317 |
| October 31, 2016 | 3.007 |
| July 31, 2016 | 0.5807 |
| April 30, 2016 | 0.6148 |
| January 31, 2016 | 0.5732 |
| October 31, 2015 | 0.6476 |
| July 31, 2015 | 0.6576 |
| April 30, 2015 | 0.6841 |
| January 31, 2015 | 0.7254 |
| October 31, 2014 | 3.452 |
| July 31, 2014 | 0.8788 |
| April 30, 2014 | 0.9531 |
| January 31, 2014 | 1.002 |
| October 31, 2013 | 1.114 |
| July 31, 2013 | 1.179 |
| April 30, 2013 | 1.218 |
| January 31, 2013 | 1.227 |
| October 31, 2012 | 1.322 |
| July 31, 2012 | 0.446 |
| April 30, 2012 | 0.2605 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
2.457
Minimum
Jul 2021
3.793
Maximum
Jul 2024
3.152
Average
3.185
Median
Jul 2022
Debt to Equity Ratio Benchmarks
| National Bank of Canada | 2.738 |
| Canadian Western Bank | 1.601 |
| Bank of Nova Scotia | 3.684 |
| Bank of Montreal | 3.057 |
| Royal Bank of Canada | 3.591 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.967T |
| Total Liabilities (Quarterly) | 1.856T |
| Shareholders Equity (Quarterly) | 111.58B |
| Current Ratio | 1.127 |
| Net Debt Paydown Yield | -0.40% |