TFS Financial (TFSL) Balance Sheet: Assets & Liabilities

TFS Financial (TFSL) Balance Sheet

As of Sep 30, 2025 (end of fiscal 2025), TFS Financial reported total assets of $17.46B and total liabilities of $15.56B. Shareholders' equity was $1.89B, up 1.7% from $1.86B a year earlier. Total debt stood at $4.90B against $483.48M in cash and short-term investments, a net debt position of $4.42B. That puts debt-to-equity at 2.59, compared with 2.59 a year earlier.

TFS Financial Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for TFS Financial Corporation (TFSL) - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017
Current Assets
Cash and Cash Equivalents	0.43	0.46	0.47	0.37	0.49	0.50	0.28	0.27	0.27
Short-Term Investments	0.05	0.53	0.51	0.46	0.42	0.45	0.55	0.53	0.54
Cash & Short-Term Investments	0.48	0.99	0.98	0.83	0.91	0.95	0.82	0.80	0.81
Accounts Receivable	0.06	0.06	0.05	0.04	0.03	0.04	0.04	0.04	0.04
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Assets	0.55	1.05	1.03	0.87	0.94	0.99	0.86	0.84	0.84
Non-Current Assets
Property, Plant & Equipment (Net)	0.04	0.03	0.03	0.03	0.04	0.04	0.06	0.06	0.06
Long-Term Investments	16.19	15.34	15.17	14.27	0.16	13.14	13.20	12.87	12.42
Goodwill	0.01	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00
Intangible Assets	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Other Non-Current Assets	0.67	0.66	0.68	0.61	0.55	0.46	0.41	0.35	0.36
Total Non-Current Assets	16.91	16.04	15.89	14.92	13.12	13.65	13.68	13.30	12.85
Total Assets	17.46	17.09	16.92	15.79	14.06	14.64	14.54	14.14	13.69
Current Liabilities
Accounts Payable	0.01	0.02	0.01	0.00	0.15	0.00	0.00	0.00	0.00
Accrued Liabilities	0.10	0.10	0.11	0.08	0.09	-	-	-	-
Other Current Liabilities	10.43	10.17	9.44	9.00	9.08	9.29	8.80	8.52	8.19
Total Current Liabilities	10.45	10.20	9.45	9.01	9.08	9.29	8.81	8.52	8.20
Non-Current Liabilities
Long-Term Debt	4.90	4.82	5.30	4.83	3.09	3.57	3.94	3.75	3.71
Other Non-Current Liabilities	0.21	0.21	0.24	0.12	0.11	0.11	0.10	0.10	0.10
Total Non-Current Liabilities	5.12	5.03	5.54	4.94	3.24	3.68	4.04	3.86	3.81
Total Liabilities	15.56	15.23	14.99	13.95	12.33	12.97	12.85	12.38	12.00
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retained Earnings	0.95	0.92	0.89	0.87	0.85	0.87	0.84	0.81	0.76
Accumulated Other Comprehensive Income	-0.02	-0.02	0.09	0.02	-0.10	-0.13	-0.07	0.02	-0.01
Treasury Stock	0.77	0.77	0.78	0.77	-	-	-	-	-
Additional Paid-in Capital	1.76	1.75	1.76	0.95	0.94	0.93	0.93	0.92	0.93
Shares Outstanding	0.28	0.28	0.28	0.28	-	-	-	-	-
Total Stockholders' Equity	1.89	1.86	1.93	1.84	1.73	1.67	1.70	1.76	1.69
Total Liabilities & Equity	17.46	17.09	16.92	15.79	14.06	14.64	14.54	14.14	13.69

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About TFS Financial Balance Sheet

How much debt does TFS Financial have?

TFS Financial had total debt of $4.90B as of Sep 30, 2025, against $483.48M in cash and short-term investments. Its debt-to-equity ratio was 2.59. Total debt was $4.82B a year earlier.

What are TFS Financial's total assets?

TFS Financial reported total assets of $17.46B as of Sep 30, 2025, up 2.1% from $17.09B a year earlier. Total liabilities were $15.56B.

What is TFS Financial's shareholders' equity?

TFS Financial's shareholders' equity was $1.89B as of Sep 30, 2025, or about $6.75 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition