The Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
Return On Asset AnalysisReturn on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
About Return On AssetReturn on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Canadian Imperial Return On Asset Assessment
Based on latest financial disclosure Canadian Imperial Bank of Commerce has Return On Asset of 0.88%. This is 200.0% lower than that of the Financial sector, and significantly higher than that of Banking industry, The Return On Asset for all stocks is 105.63% lower than the firm.
Canadian Imperial Bank Fundamental Drivers Relationships
Canadian Imperial Bank of Commerce is rated fifth in beta category among related companies. It is rated third in return on asset category among related companies reporting about 0.99 of Return On Asset per Beta. The ratio of Beta to Return On Asset for Canadian Imperial Bank of Commerce is roughly 1.01