Toronto Dominion Bank (TD) Interest Coverage Ratio (2011 - 2016)

Toronto Dominion Bank (TD) reported Interest Coverage Ratio of 3.92 for Q4 2016, up 15.9% on a YoY basis from 3.38 in Q4 2015, and up 15.9% quarter-over-quarter from 3.38 in Q4 2015.

Toronto Dominion Bank (TD) Interest Coverage Ratio (2011 - 2016) Analysis & Trends

Toronto Dominion Bank has reported Interest Coverage Ratio for 6 years, with the latest figure at 3.92 in Q4 2016.

  • For the quarter ending Q4 2016, Interest Coverage Ratio rose 15.9% year-over-year to 3.92; the trailing twelve-month figure through Jun 2017 stood at 5.34 (up 9.52% YoY), and the FY2016 full-year result was 2.72, up 6.74% from the prior year.
  • Interest Coverage Ratio for Q4 2016 stood at 3.92, up from 3.38 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 4.46 in Q2 2014, with the low at 1.0 in Q4 2012.
  • Historically, Interest Coverage Ratio has averaged 3.38 across 5 years, with a median of 3.77 in 2013.
  • Annual changes were most pronounced in 2012 — Interest Coverage Ratio sank 72.81% — and 2013, when it jumped 246.87%.
  • Toronto Dominion Bank's Interest Coverage Ratio stood at 1.0 in 2012, then jumped by 246.87% to 3.47 in 2013, then slumped by 71.17% to 1.0 in 2014, then jumped by 238.41% to 3.38 in 2015, then climbed by 15.9% to 3.92 in 2016.
  • The last three Interest Coverage Ratio figures came in at 3.92 (Q4 2016), 3.38 (Q4 2015), and 3.94 (Q2 2015), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 1.45
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 1.42
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - -
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 1.35
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 0.61
7 Barclays 379.37 Bn -269.24 Bn - -
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn -
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 1.58
10 Citigroup 242.69 Bn -1,942.31 Bn 19.85 Bn 0.29

Historic Data

Download Data
DateValue
Oct 31, 2016 3.92
Oct 31, 2015 3.38
Apr 30, 2015 3.94
Jan 31, 2015 4.32
Oct 31, 2014 1.00
Apr 30, 2014 4.46
Jan 31, 2014 4.22
Oct 31, 2013 3.47
Apr 30, 2013 3.81
Jan 31, 2013 3.77
Oct 31, 2012 1.00
Apr 30, 2012 3.50
Jan 31, 2012 3.09
Oct 31, 2011 3.68
Apr 30, 2011 3.63