Quick Ratio Analysis of Toronto Dominion Bank - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Oct-23
Not Good Quick Ratio
0.646
Period Ending - Oct-22
Poor Quick Ratio
0.381
Growth
69.55 %
Most recent Quarter Quick Ratio
Period Ending - Apr-24
Not Good Quick Ratio
0.512
Quick Ratio Analysis of Toronto Dominion Bank
| Quick Ratio of Toronto Dominion Bank with value of 0.512 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Apr-24. |
| Quick Ratio of TD rose handsomely by 69.55 % this year. |
| Quick Ratio with value of 7.30 was highest in Year Oct-20 in last Five Years. |
| Quick Ratio with value of 0.381 was lowest in Year Oct-22 in last Five Years. |
| Latest Quick Ratio with value of 0.646 is lower than Average Quick Ratio of 3.14 in last five years. |
Other Quick Ratio Related Info of TD that may interest you.
Toronto Dominion Bank Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TD | 55.92 | 54.96 | 1.75 % | Banks-Diversified |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Poor Stability Stock | |
FY - Historical Quick Ratio of Toronto Dominion Bank
| Period | Oct-23 | Oct-22 | Oct-21 | Oct-20 | Oct-19 | Oct-18 | Oct-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.646 | 0.381 | 1.53 | 7.30 | 5.84 | 5.65 | 6.04 |
| Change | 69.55 % | -75.15 % | -79.01 % | 25.00 % | 3.35 % | -6.38 % | 666.90 % |
FY Chart of Quick Ratio of Toronto Dominion Bank
Note : All Data Generated at the End of Trading Hours (EOD Data)