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Canadian Imperial Bank of Commerce (TSX:CM) Liabilities-to-Assets : 0.94 (As of Jan. 2024)


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What is Canadian Imperial Bank of Commerce Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Canadian Imperial Bank of Commerce's Total Liabilities for the quarter that ended in Jan. 2024 was C$917,341 Mil. Canadian Imperial Bank of Commerce's Total Assets for the quarter that ended in Jan. 2024 was C$971,667 Mil. Therefore, Canadian Imperial Bank of Commerce's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 was 0.94.


Canadian Imperial Bank of Commerce Liabilities-to-Assets Historical Data

The historical data trend for Canadian Imperial Bank of Commerce's Liabilities-to-Assets 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.

* Premium members only.

Canadian Imperial Bank of Commerce Liabilities-to-Assets Chart

Canadian Imperial Bank of Commerce Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.95 0.95 0.95 0.95

Canadian Imperial Bank of Commerce Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Liabilities-to-Assets 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 0.95 0.95 0.95 0.95 0.94

Competitive Comparison of Canadian Imperial Bank of Commerce's Liabilities-to-Assets

For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Banks Industry

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

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



Canadian Imperial Bank of Commerce Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Canadian Imperial Bank of Commerce's Liabilities-to-Assets Ratio for the fiscal year that ended in Oct. 2023 is calculated as:

Liabilities-to-Assets (A: Oct. 2023 )=Total Liabilities/Total Assets
=922506/975719
=0.95

Canadian Imperial Bank of Commerce's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 is calculated as

Liabilities-to-Assets (Q: Jan. 2024 )=Total Liabilities/Total Assets
=917341/971667
=0.94

* 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) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Canadian Imperial Bank of Commerce Liabilities-to-Assets Related Terms

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Canadian Imperial Bank of Commerce (TSX:CM) 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.