Canadian Net Tangible Assets from 2010 to 2024
CM Stock | USD 64.76 0.08 0.12% |
Net Tangible Assets | First Reported 2000-01-31 | Previous Quarter 40.6 B | Current Value 42.2 B | Quarterly Volatility 14 B |
Check Canadian Imperial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian Imperial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 B, Interest Expense of 38.9 B or Selling General Administrative of 5.4 B, as well as many indicators such as Price To Sales Ratio of 1.97, Dividend Yield of 0.0362 or PTB Ratio of 1.79. Canadian financial statements analysis is a perfect complement when working with Canadian Imperial Valuation or Volatility modules.
Canadian | Net Tangible Assets |
Latest Canadian Imperial's Net Tangible Assets Growth Pattern
Below is the plot of the Net Tangible Assets of Canadian Imperial Bank over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Canadian Imperial's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian Imperial's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets | 10 Years Trend |
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Net Tangible Assets |
Timeline |
Canadian Net Tangible Assets Regression Statistics
Arithmetic Mean | 23,995,755,158 | |
Geometric Mean | 0.00 | |
Coefficient Of Variation | 73.84 | |
Mean Deviation | 14,612,203,498 | |
Median | 25,184,000,000 | |
Standard Deviation | 17,718,132,472 | |
Sample Variance | 313932218.3T | |
Range | 50.9B | |
R-Value | 0.98 | |
Mean Square Error | 11840023.8T | |
R-Squared | 0.96 | |
Slope | 3,891,901,274 | |
Total Sum of Squares | 4395051056.3T |
Canadian Net Tangible Assets History
About Canadian Imperial Financial Statements
Canadian Imperial investors utilize fundamental indicators, such as Net Tangible Assets, to predict how Canadian Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Net Tangible Assets | 48.5 B | 50.9 B |
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Is Diversified Banks space 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 0.238 | Dividend Share 3.57 | Earnings Share 4.92 | Revenue Per Share 24.295 | Quarterly Revenue Growth 0.196 |
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.