Canadian Free Cash Flow vs Average Equity Analysis
CM Stock | USD 47.54 0.48 1.00% |
Trend analysis of Canadian Imperial Bank balance sheet accounts such as Short Long Term Debt Total of 234.9 B or Total Current Liabilities of 44 B provides information on Canadian Imperial's total assets, liabilities, and equity, which is the actual value of Canadian Imperial Bank to its prevalent stockholders. By breaking down trends over time using Canadian Imperial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About Canadian Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Canadian Imperial Bank at a specified time, usually calculated after every quarter, six months, or one year. Canadian Imperial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canadian Imperial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Canadian currently owns. An asset can also be divided into two categories, current and non-current.
Canadian Imperial Balance Sheet Chart
Canadian Imperial Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Canadian Imperial Bank uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Canadian Imperial's Common Stock Total Equity is very stable compared to the past year. As of the 25th of April 2024, Liabilities And Stockholders Equity is likely to grow to about 1.2 T, while Total Current Liabilities is likely to drop about 44 B. Add Fundamental
Total Assets
Total assets refers to the total amount of Canadian Imperial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Canadian Imperial Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Canadian Imperial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Canadian Imperial Bank are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Canadian Imperial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian Imperial Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, Canadian Imperial's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 25th of April 2024, Enterprise Value Over EBITDA is likely to grow to 20.62, while Tax Provision is likely to drop about 1.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 9.5B | 32.2B | 37.0B | 38.9B | Depreciation And Amortization | 1.0B | 1.1B | 1.3B | 1.4B |
Canadian Imperial fundamental ratios Correlations
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Canadian Imperial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Canadian Imperial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 769.6B | 837.7B | 943.6B | 975.7B | 1.1T | 1.2T | |
Short Long Term Debt Total | 45.9B | 164.2B | 187.5B | 194.5B | 223.7B | 234.9B | |
Other Current Liab | (73.6B) | (85.1B) | 436.8B | (90.9B) | (81.8B) | (77.7B) | |
Total Current Liabilities | 73.6B | 85.1B | 91.4B | 90.9B | 81.8B | 44.0B | |
Total Stockholder Equity | 41.2B | 45.6B | 50.2B | 53.0B | 60.9B | 64.0B | |
Property Plant And Equipment Net | 3.0B | 3.3B | 3.4B | 3.3B | 3.7B | 2.3B | |
Net Debt | (16.7B) | 94.9B | 114.1B | 131.3B | 151.0B | 158.6B | |
Retained Earnings | 22.1B | 25.8B | 28.8B | 30.4B | 35.0B | 36.7B | |
Non Currrent Assets Other | (650M) | (402M) | 755.3B | (629M) | (723.4M) | (687.2M) | |
Other Assets | 483.6B | 566.8B | (19.8B) | 657.8B | 756.5B | 794.3B | |
Common Stock Shares Outstanding | 892.0M | 900.4M | 905.7M | 916.2M | 1.1B | 882.8M | |
Liabilities And Stockholders Equity | 769.6B | 837.7B | 943.6B | 975.7B | 1.1T | 1.2T | |
Non Current Liabilities Total | 45.9B | 88.0B | 893.2B | 116.9B | 134.4B | 127.7B | |
Other Stockholder Equity | 117M | 110M | 115M | 109M | 98.1M | 93.2M | |
Total Liab | 728.2B | 791.9B | 893.2B | 922.5B | 1.1T | 1.1T | |
Property Plant And Equipment Gross | 3.0B | 6.4B | 6.9B | 7.0B | 8.0B | 8.4B | |
Accumulated Other Comprehensive Income | 1.4B | 1.1B | 1.6B | 1.5B | 1.7B | 1.8B | |
Common Stock | 13.9B | 14.4B | 14.7B | 16.1B | 18.5B | 19.4B | |
Cash | 62.5B | 69.3B | 73.3B | 63.2B | 72.6B | 76.3B | |
Non Current Assets Total | 159.9B | 172.3B | 943.6B | 223.4B | 257.0B | 384.6B | |
Cash And Short Term Investments | 117.1B | 88.1B | 92.7B | 80.5B | 92.6B | 97.2B | |
Net Receivables | 9.0B | 10.4B | 19.8B | 13.9B | 16.0B | 16.8B | |
Total Current Assets | 126.1B | 98.6B | 19.8B | 94.4B | 108.6B | 114.0B | |
Accounts Payable | 8.7B | 8.8B | 11.2B | 13.2B | 15.2B | 16.0B | |
Inventory | (190.5B) | (196.5B) | (309.7B) | (202.0B) | (181.8B) | (172.7B) | |
Other Current Assets | 190.5B | 196.5B | 217.0B | 202.0B | 232.3B | 273.4B | |
Short Term Debt | 64.9B | 76.2B | 80.2B | 77.7B | 89.3B | 93.8B | |
Other Liab | 10.0B | 10.2B | 12.7B | 11.4B | 10.2B | 18.6B | |
Net Tangible Assets | 31.1B | 35.8B | 39.6B | 42.2B | 48.5B | 50.9B | |
Long Term Debt | 7.2B | 5.9B | 6.3B | 116.8B | 134.4B | 141.1B | |
Good Will | 5.3B | 5.0B | 5.3B | 5.4B | 6.2B | 6.6B | |
Short Term Investments | 54.6B | 18.9B | 19.4B | 17.3B | 19.9B | 21.5B | |
Long Term Investments | 149.7B | 162.1B | 176.5B | 212.0B | 243.8B | 256.0B | |
Short Long Term Debt | 27.1B | 76.2B | 80.2B | 77.7B | 89.3B | 93.8B | |
Intangible Assets | 2.0B | 2.0B | 2.6B | 2.7B | 3.2B | 3.3B | |
Property Plant Equipment | 3.0B | 3.3B | 3.4B | 3.3B | 3.7B | 2.1B | |
Long Term Debt Total | 4.7B | 9.1B | 8.0B | 8.5B | 7.6B | 7.9B | |
Capital Surpluse | 125M | 117M | 110M | 115M | 132.3M | 122.1M |
Canadian Imperial Investors Sentiment
The influence of Canadian Imperial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Canadian. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Canadian Imperial's public news can be used to forecast risks associated with an investment in Canadian. The trend in average sentiment can be used to explain how an investor holding Canadian can time the market purely based on public headlines and social activities around Canadian Imperial Bank. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Canadian Imperial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Canadian Imperial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Canadian Imperial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Canadian Imperial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canadian Imperial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canadian Imperial's short interest history, or implied volatility extrapolated from Canadian Imperial options trading.
Pair Trading with Canadian Imperial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Imperial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Imperial will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Stock
0.88 | C | Citigroup Earnings Call This Week | PairCorr |
0.91 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
0.77 | RY | Royal Bank Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Canadian Imperial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Imperial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Imperial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Imperial Bank to buy it.
The correlation of Canadian Imperial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Imperial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Imperial Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Imperial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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When running Canadian Imperial's price analysis, check to measure Canadian Imperial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Imperial is operating at the current time. Most of Canadian Imperial's value examination focuses on studying past and present price action to predict the probability of Canadian Imperial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Imperial's price. Additionally, you may evaluate how the addition of Canadian Imperial to your portfolios can decrease your overall portfolio volatility.
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Is Canadian Imperial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Imperial. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Imperial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.559 | Dividend Share 3.49 | Earnings Share 4.76 | Revenue Per Share 23.121 | Return On Assets 0.0067 |
The market value of Canadian Imperial Bank is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Imperial's value that differs from its market value or its book value, called intrinsic value, which is Canadian Imperial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Imperial's market value can be influenced by many factors that don't directly affect Canadian Imperial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Imperial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Imperial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Imperial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.