CIBC Caribbean Bank (TRN:CIBC) Goodwill: TTD0 Mil (As of Apr. 2020)

What is CIBC Caribbean Bank Goodwill?

CIBC Caribbean Bank TRN:CIBC Goodwill is TTD0 Mil as of Apr. 2020.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. CIBC Caribbean Bank's goodwill for the quarter that ended in Apr. 2020 was TTD0 Mil.

CIBC Caribbean Bank (TRN:CIBC) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

CIBC Caribbean Bank's Goodwill-to-Asset Ratio for the fiscal year that ended in Oct. 2019 is calculated as

Goodwill-to-Asset (A: Oct. 2019 )	=	Goodwill	/	Total Assets
	=	1486.95	/	78513.424
	=	0.02

CIBC Caribbean Bank's Goodwill-to-Asset Ratio for the quarter that ended in Apr. 2020 is calculated as

Goodwill-to-Asset (Q: Apr. 2020 )	=	Goodwill	/	Total Assets
	=	0	/	80869.518
	=	0.00

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.

CIBC Caribbean Bank Goodwill Related Terms

CIBC Caribbean Bank Goodwill Historical Data

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The historical data trend for CIBC Caribbean Bank's Goodwill can be seen below:

CIBC Caribbean Bank Goodwill Chart

CIBC Caribbean Bank Annual Data

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Goodwill

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0.00

1,486.95

CIBC Caribbean Bank Quarterly Data
	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20
Goodwill	Get a 7-Day Free Trial															0.00	0.00	1,486.95	0.00	0.00

CIBC Caribbean Bank Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →

What does a Goodwill of TTD0 Mil mean?

CIBC Caribbean Bank (TRN:CIBC) has a Goodwill of TTD0 Mil as of Apr. 2020. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on CIBC Caribbean Bank and its competitors.

Is CIBC Caribbean Bank's Goodwill too high?

CIBC Caribbean Bank's current Goodwill is TTD0 Mil.

How does CIBC Caribbean Bank's Goodwill compare to ?

CIBC Caribbean Bank's Goodwill of TTD0 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Goodwill for a Banks company?

A good Goodwill depends on the Banks industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Goodwill mean?

A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on CIBC Caribbean Bank and its competitors. CIBC Caribbean Bank's current Goodwill is TTD0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CIBC Caribbean Bank stock overvalued right now?

CIBC Caribbean Bank (TRN:CIBC) has a current Goodwill of TTD0 Mil. The current Goodwill is TTD0 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Goodwill calculated?

Goodwill is calculated from a company's financial statements. For CIBC Caribbean Bank (TRN:CIBC), the current Goodwill is TTD0 Mil as of Apr. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CIBC Caribbean Bank Business Description

Industry Financial Services Banks

Comparable Companies

Address Warrens, St. Michael, P.O. Box 503, Michael, BRB

Website https://www.cibcfcib.com

CIBC Caribbean Bank Ltd is engaged in banking services to individual and business clients. The company operates through Corporate Investment banking, Personal and business banking, and wealth management segments with the help of digital banking networks and locations.