Canadian Imperial Bank of Commerce (CM.TO)
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+0.38
(+0.42%)
CAD |
TSX |
Nov 21, 12:08
Canadian Imperial Bank of Commerce Debt to Equity Ratio: 3.349 for July 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| July 31, 2024 | 3.349 |
| April 30, 2024 | 3.436 |
| January 31, 2024 | 3.507 |
| October 31, 2023 | 3.671 |
| July 31, 2023 | 3.807 |
| April 30, 2023 | 3.725 |
| January 31, 2023 | 3.472 |
| October 31, 2022 | 3.736 |
| July 31, 2022 | 4.462 |
| April 30, 2022 | 3.973 |
| January 31, 2022 | 3.839 |
| October 31, 2021 | 3.596 |
| July 31, 2021 | 3.667 |
| April 30, 2021 | 3.545 |
| January 31, 2021 | 3.404 |
| October 31, 2020 | 3.519 |
| July 31, 2020 | 3.919 |
| April 30, 2020 | 3.984 |
| January 31, 2020 | 3.863 |
| October 31, 2019 | 3.809 |
| July 31, 2019 | 3.846 |
| April 30, 2019 | 3.959 |
| January 31, 2019 | 3.950 |
| October 31, 2018 | 4.222 |
| July 31, 2018 | 1.433 |
| Date | Value |
|---|---|
| April 30, 2018 | 1.418 |
| January 31, 2018 | 1.427 |
| October 31, 2017 | 4.492 |
| July 31, 2017 | 1.447 |
| April 30, 2017 | 1.599 |
| January 31, 2017 | 1.629 |
| October 31, 2016 | 5.661 |
| July 31, 2016 | 1.907 |
| April 30, 2016 | 1.876 |
| January 31, 2016 | 1.928 |
| October 31, 2015 | 5.980 |
| July 31, 2015 | 2.049 |
| April 30, 2015 | 2.144 |
| January 31, 2015 | 2.326 |
| October 31, 2014 | 2.350 |
| July 31, 2014 | 2.580 |
| April 30, 2014 | 2.591 |
| January 31, 2014 | 2.712 |
| October 31, 2013 | 3.032 |
| July 31, 2013 | 3.008 |
| April 30, 2013 | 3.24 |
| January 31, 2013 | 3.393 |
| October 31, 2012 | 3.394 |
| July 31, 2012 | 4.727 |
| April 30, 2012 | 4.830 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
3.349
Minimum
Jul 2024
4.462
Maximum
Jul 2022
3.709
Average
3.671
Median
Oct 2023
Debt to Equity Ratio Benchmarks
| National Bank of Canada | 2.738 |
| Canadian Western Bank | 1.601 |
| Bank of Nova Scotia | 3.684 |
| Bank of Montreal | 3.057 |
| Laurentian Bank of Canada | 5.420 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.021T |
| Total Liabilities (Quarterly) | 963.62B |
| Shareholders Equity (Quarterly) | 57.53B |
| Current Ratio | 1.246 |
| Net Debt Paydown Yield | -0.47% |