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Canadian Imperial Bank of Commerce (TSX:CM.PR.R.PFD) Debt-to-Asset : 0.20 (As of Oct. 2024)


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What is Canadian Imperial Bank of Commerce Debt-to-Asset?

Canadian Imperial Bank of Commerce's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was C$83,397.00 Mil. Canadian Imperial Bank of Commerce's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was C$125,096.00 Mil. Canadian Imperial Bank of Commerce's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Oct. 2024 was C$1,041,985.00 Mil. Canadian Imperial Bank of Commerce's debt to asset for the quarter that ended in Oct. 2024 was 0.20.


Canadian Imperial Bank of Commerce Debt-to-Asset Historical Data

The historical data trend for Canadian Imperial Bank of Commerce's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Canadian Imperial Bank of Commerce Debt-to-Asset Chart

Canadian Imperial Bank of Commerce Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.20 0.20 0.20 0.20

Canadian Imperial Bank of Commerce Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.20 0.19 0.19 0.20

Competitive Comparison of Canadian Imperial Bank of Commerce's Debt-to-Asset

For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Imperial Bank of Commerce's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Canadian Imperial Bank of Commerce's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Canadian Imperial Bank of Commerce's Debt-to-Asset falls into.



Canadian Imperial Bank of Commerce Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Canadian Imperial Bank of Commerce's Debt-to-Asset for the fiscal year that ended in Oct. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(83397 + 125096) / 1041985
=0.20

Canadian Imperial Bank of Commerce's Debt-to-Asset for the quarter that ended in Oct. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(83397 + 125096) / 1041985
=0.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Canadian Imperial Bank of Commerce  (TSX:CM.PR.R.PFD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Canadian Imperial Bank of Commerce Debt-to-Asset Related Terms

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Canadian Imperial Bank of Commerce Business Description

Address
81 Bay Street, CIBC Square, Toronto, ON, CAN, M5J 0E7
Canadian Imperial Bank of Commerce is Canada's fifth-largest bank and operates three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.

Canadian Imperial Bank of Commerce Headlines

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