Canadian Gross Profit vs Operating Income Analysis

CM Stock  USD 64.37  0.59  0.93%   
Canadian Imperial financial indicator trend analysis is way more than just evaluating Canadian Imperial Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canadian Imperial Bank is a good investment. Please check the relationship between Canadian Imperial Gross Profit and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Imperial Bank Gross Profit account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Canadian Imperial's Gross Profit and Operating Income is 0.41. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Canadian Imperial Bank, assuming nothing else is changed. The correlation between historical values of Canadian Imperial's Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Canadian Imperial Bank are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Canadian Imperial's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Canadian Imperial Bank minus its cost of goods sold. It is profit before Canadian Imperial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Canadian Imperial Bank operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Canadian Imperial Bank is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Canadian Imperial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian Imperial Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
As of the 23rd of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.44, while Selling General Administrative is likely to drop about 5.6 B.
 2021 2022 2023 2024 (projected)
Interest Expense9.5B32.2B38.5B40.4B
Depreciation And Amortization1.0B1.1B1.2B1.2B

Canadian Imperial fundamental ratios Correlations

0.95-0.850.160.990.780.820.99-0.420.550.930.870.68-0.481.00.890.960.880.650.860.90.760.96-0.49-0.790.73
0.95-0.730.20.930.770.930.95-0.390.490.820.770.77-0.380.950.950.860.840.750.770.880.640.92-0.48-0.740.67
-0.85-0.730.1-0.83-0.58-0.59-0.830.51-0.54-0.86-0.73-0.390.69-0.85-0.63-0.87-0.68-0.31-0.7-0.67-0.78-0.760.120.65-0.67
0.160.20.10.230.410.060.24-0.190.060.130.39-0.070.520.150.230.150.30.070.270.180.220.28-0.8-0.30.12
0.990.93-0.830.230.750.811.0-0.460.590.950.90.65-0.410.990.880.970.860.620.840.890.770.98-0.55-0.850.72
0.780.77-0.580.410.750.640.77-0.370.340.610.790.37-0.140.780.830.660.940.430.830.660.750.76-0.64-0.510.46
0.820.93-0.590.060.810.640.82-0.420.460.650.640.83-0.250.820.930.710.680.80.550.770.490.83-0.36-0.70.48
0.990.95-0.830.241.00.770.82-0.460.580.940.890.66-0.410.990.890.960.860.630.840.90.760.98-0.55-0.830.74
-0.42-0.390.51-0.19-0.46-0.37-0.42-0.46-0.65-0.35-0.47-0.15-0.18-0.42-0.51-0.39-0.37-0.14-0.36-0.1-0.77-0.560.250.64-0.11
0.550.49-0.540.060.590.340.460.58-0.650.560.510.23-0.030.550.560.530.430.060.510.360.650.59-0.27-0.550.32
0.930.82-0.860.130.950.610.650.94-0.350.560.880.53-0.550.930.710.990.750.480.760.830.710.88-0.47-0.820.75
0.870.77-0.730.390.90.790.640.89-0.470.510.880.43-0.240.860.760.90.810.440.770.770.750.9-0.68-0.830.56
0.680.77-0.39-0.070.650.370.830.66-0.150.230.530.43-0.340.680.710.590.430.970.430.720.220.68-0.18-0.610.48
-0.48-0.380.690.52-0.41-0.14-0.25-0.41-0.18-0.03-0.55-0.24-0.34-0.48-0.16-0.53-0.26-0.24-0.34-0.48-0.18-0.26-0.380.14-0.56
1.00.95-0.850.150.990.780.820.99-0.420.550.930.860.68-0.480.890.960.880.650.860.90.760.96-0.48-0.790.73
0.890.95-0.630.230.880.830.930.89-0.510.560.710.760.71-0.160.890.770.870.70.760.790.70.91-0.55-0.710.52
0.960.86-0.870.150.970.660.710.96-0.390.530.990.90.59-0.530.960.770.780.550.770.850.730.92-0.49-0.850.74
0.880.84-0.680.30.860.940.680.86-0.370.430.750.810.43-0.260.880.870.780.460.920.760.810.84-0.62-0.570.58
0.650.75-0.310.070.620.430.80.63-0.140.060.480.440.97-0.240.650.70.550.460.410.70.210.67-0.28-0.610.44
0.860.77-0.70.270.840.830.550.84-0.360.510.760.770.43-0.340.860.760.770.920.410.720.820.81-0.51-0.550.62
0.90.88-0.670.180.890.660.770.9-0.10.360.830.770.72-0.480.90.790.850.760.70.720.450.86-0.47-0.640.73
0.760.64-0.780.220.770.750.490.76-0.770.650.710.750.22-0.180.760.70.730.810.210.820.450.77-0.45-0.670.44
0.960.92-0.760.280.980.760.830.98-0.560.590.880.90.68-0.260.960.910.920.840.670.810.860.77-0.6-0.880.63
-0.49-0.480.12-0.8-0.55-0.64-0.36-0.550.25-0.27-0.47-0.68-0.18-0.38-0.48-0.55-0.49-0.62-0.28-0.51-0.47-0.45-0.60.57-0.26
-0.79-0.740.65-0.3-0.85-0.51-0.7-0.830.64-0.55-0.82-0.83-0.610.14-0.79-0.71-0.85-0.57-0.61-0.55-0.64-0.67-0.880.57-0.5
0.730.67-0.670.120.720.460.480.74-0.110.320.750.560.48-0.560.730.520.740.580.440.620.730.440.63-0.26-0.5
Click cells to compare fundamentals

Canadian Imperial Account Relationship Matchups

Canadian Imperial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets769.6B837.7B943.6B975.7B1.0T1.1T
Short Long Term Debt Total74.0B164.2B187.5B194.5B208.5B218.9B
Other Current Liab(73.6B)(93.9B)(11.2B)(90.9B)(97.5B)(92.7B)
Total Current Liabilities73.6B85.1B91.4B90.9B81.8B44.0B
Total Stockholder Equity41.2B45.6B50.2B53.0B58.7B61.7B
Property Plant And Equipment Net3.0B3.3B3.4B3.3B3.4B2.3B
Net Debt(16.7B)94.9B114.1B131.3B152.5B160.1B
Retained Earnings22.1B25.8B28.8B30.4B33.5B35.1B
Non Currrent Assets Other(650M)(402M)755.3B(223.4B)(266.8B)(253.4B)
Other Assets483.6B566.8B(19.8B)(286.7B)1.0T1.1T
Common Stock Shares Outstanding892.0M900.4M905.7M916.2M941.7M887.6M
Liabilities And Stockholders Equity769.6B837.7B943.6B975.7B1.0T1.1T
Non Current Liabilities Total45.9B88.0B893.2B985.7B1.1T1.2T
Other Stockholder Equity117M110M115M111M159M151.1M
Total Liab728.2B791.9B893.2B922.5B983.0B1.0T
Property Plant And Equipment Gross3.0B6.4B6.9B7.0B8.0B8.4B
Accumulated Other Comprehensive Income1.4B1.1B1.6B1.5B3.1B3.3B
Common Stock13.9B14.4B14.7B16.1B17.0B17.9B
Cash62.5B69.3B73.3B63.2B56.0B58.8B
Non Current Assets Total159.9B172.3B943.6B1.2T948.7B996.2B
Cash And Short Term Investments117.1B88.1B92.7B80.5B93.3B97.9B
Net Receivables9.0B10.4B19.8B13.9B15.1B15.9B
Total Current Assets126.1B98.6B19.8B95.1B93.3B97.9B
Accounts Payable8.7B8.8B11.2B13.2B14.1B14.8B
Inventory(190.5B)(196.5B)(309.7B)(202.0B)(181.8B)(172.7B)
Other Current Assets190.5B196.5B217.0B607M(15.1B)(14.4B)
Short Term Debt64.9B76.2B80.2B77.7B83.4B87.6B
Other Liab10.0B10.2B12.7B11.4B10.2B18.6B
Net Tangible Assets31.1B35.8B39.6B42.2B48.5B50.9B
Long Term Debt7.2B5.9B6.3B116.8B134.4B141.1B
Good Will5.3B5.0B5.3B5.4B5.4B2.9B
Short Term Investments54.6B18.9B19.4B17.3B37.2B22.3B
Long Term Investments149.7B162.1B176.5B212.0B243.8B256.0B
Short Long Term Debt27.1B76.2B80.2B77.7B89.3B93.8B
Intangible Assets2.0B2.0B2.6B2.7B2.8B3.0B
Property Plant Equipment3.0B3.3B3.4B3.3B3.7B2.1B
Long Term Debt Total4.7B9.1B8.0B8.5B7.6B7.9B
Capital Surpluse125M117M110M115M132.3M122.1M

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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
Earnings Share
5.09
Revenue Per Share
24.295
Quarterly Revenue Growth
0.196
Return On Assets
0.0069
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.