Canadian Dividend Yield vs Free Cash Flow Yield Analysis

CM Stock

CAD 91.11 0.39 0.43%

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 Dividend Yield and its Free Cash Flow Yield 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 estimate.

Dividend Yield vs Free Cash Flow Yield

Dividend Yield vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Canadian Imperial Bank Dividend Yield account and Free Cash Flow Yield. At this time, the significance of the direction appears to have strong relationship.

The correlation between Canadian Imperial's Dividend Yield and Free Cash Flow Yield is 0.69. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Free Cash Flow Yield 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 Dividend Yield and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Canadian Imperial Bank are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Dividend Yield i.e., Canadian Imperial's Dividend Yield and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Dividend Yield

Dividend Yield is Canadian Imperial Bank dividend as a percentage of Canadian Imperial stock price. Canadian Imperial Bank dividend yield is a measure of Canadian Imperial stock productivity, which can be interpreted as interest rate earned on an Canadian Imperial investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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 estimate.

As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.44, while Selling General Administrative is likely to drop about 5.5 B.

	2021	2022	2023	2024 (projected)
Interest Expense	9.5B	32.2B	37.0B	38.9B
Depreciation And Amortization	1.0B	1.1B	1.3B	1.3B

Interest Expense Depreciation And Amortization

Canadian Imperial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Net Receivables	Other Current Assets	Short Term Debt	Good Will	Short Term Investments	Intangible Assets
Total Assets		0.96	0.99	0.77	0.85	0.99	0.93	0.99	0.4	0.99	0.85	0.79	0.88	-0.41	1.0	0.92	0.72	-0.77	0.85	0.98	0.9	0.37	0.65	0.71	0.19	0.97
Short Long Term Debt Total	0.96		0.95	0.78	0.95	0.95	0.91	0.96	0.52	0.96	0.77	0.76	0.85	-0.34	0.96	0.97	0.64	-0.73	0.74	0.95	0.88	0.47	0.55	0.6	0.04	0.9
Total Stockholder Equity	0.99	0.95		0.74	0.82	1.0	0.91	0.98	0.35	0.99	0.83	0.81	0.88	-0.39	0.99	0.89	0.71	-0.79	0.87	0.98	0.9	0.37	0.68	0.77	0.19	0.98
Property Plant And Equipment Net	0.77	0.78	0.74		0.64	0.76	0.89	0.76	0.39	0.73	0.8	0.81	0.61	-0.1	0.77	0.83	0.81	-0.67	0.57	0.74	0.64	0.63	0.56	0.61	0.25	0.66
Net Debt	0.85	0.95	0.82	0.64		0.83	0.76	0.86	0.69	0.87	0.56	0.63	0.81	-0.32	0.85	0.93	0.41	-0.55	0.61	0.84	0.8	0.49	0.42	0.42	-0.19	0.79
Retained Earnings	0.99	0.95	1.0	0.76	0.83		0.91	0.98	0.39	0.99	0.83	0.81	0.89	-0.36	0.99	0.9	0.72	-0.79	0.87	0.98	0.9	0.4	0.68	0.75	0.2	0.98
Cash	0.93	0.91	0.91	0.89	0.76	0.91		0.92	0.38	0.9	0.92	0.73	0.76	-0.27	0.93	0.93	0.83	-0.76	0.72	0.89	0.79	0.48	0.55	0.61	0.29	0.83
Non Current Assets Total	0.99	0.96	0.98	0.76	0.86	0.98	0.92		0.41	0.98	0.82	0.8	0.87	-0.34	0.99	0.93	0.68	-0.75	0.81	0.99	0.86	0.4	0.6	0.67	0.18	0.95
Non Currrent Assets Other	0.4	0.52	0.35	0.39	0.69	0.39	0.38	0.41		0.43	0.16	0.19	0.57	-0.03	0.4	0.6	0.08	0.03	0.33	0.35	0.4	0.65	0.23	0.05	-0.36	0.38
Other Assets	0.99	0.96	0.99	0.73	0.87	0.99	0.9	0.98	0.43		0.79	0.78	0.89	-0.42	0.99	0.91	0.66	-0.74	0.84	0.97	0.91	0.38	0.65	0.72	0.1	0.97
Cash And Short Term Investments	0.85	0.77	0.83	0.8	0.56	0.83	0.92	0.82	0.16	0.79		0.65	0.71	-0.34	0.85	0.76	0.94	-0.77	0.75	0.79	0.73	0.24	0.63	0.59	0.62	0.78
Common Stock Shares Outstanding	0.79	0.76	0.81	0.81	0.63	0.81	0.73	0.8	0.19	0.78	0.65		0.65	-0.13	0.78	0.72	0.6	-0.72	0.65	0.82	0.67	0.46	0.61	0.8	0.17	0.76
Non Current Liabilities Total	0.88	0.85	0.88	0.61	0.81	0.89	0.76	0.87	0.57	0.89	0.71	0.65		-0.38	0.88	0.81	0.59	-0.65	0.92	0.86	0.83	0.38	0.74	0.62	0.2	0.91
Other Stockholder Equity	-0.41	-0.34	-0.39	-0.1	-0.32	-0.36	-0.27	-0.34	-0.03	-0.42	-0.34	-0.13	-0.38		-0.41	-0.18	-0.38	0.31	-0.44	-0.27	-0.49	0.49	-0.53	-0.34	-0.03	-0.46
Total Liab	1.0	0.96	0.99	0.77	0.85	0.99	0.93	0.99	0.4	0.99	0.85	0.78	0.88	-0.41		0.92	0.72	-0.77	0.84	0.98	0.9	0.37	0.65	0.7	0.19	0.97
Property Plant And Equipment Gross	0.92	0.97	0.89	0.83	0.93	0.9	0.93	0.93	0.6	0.91	0.76	0.72	0.81	-0.18	0.92		0.62	-0.66	0.67	0.91	0.8	0.61	0.45	0.5	0.04	0.82
Total Current Assets	0.72	0.64	0.71	0.81	0.41	0.72	0.83	0.68	0.08	0.66	0.94	0.6	0.59	-0.38	0.72	0.62		-0.77	0.7	0.65	0.67	0.22	0.71	0.64	0.63	0.67
Other Current Liab	-0.77	-0.73	-0.79	-0.67	-0.55	-0.79	-0.76	-0.75	0.03	-0.74	-0.77	-0.72	-0.65	0.31	-0.77	-0.66	-0.77		-0.74	-0.78	-0.75	-0.22	-0.65	-0.7	-0.36	-0.73
Total Current Liabilities	0.85	0.74	0.87	0.57	0.61	0.87	0.72	0.81	0.33	0.84	0.75	0.65	0.92	-0.44	0.84	0.67	0.7	-0.74		0.81	0.83	0.25	0.88	0.75	0.35	0.91
Accounts Payable	0.98	0.95	0.98	0.74	0.84	0.98	0.89	0.99	0.35	0.97	0.79	0.82	0.86	-0.27	0.98	0.91	0.65	-0.78	0.81		0.87	0.42	0.58	0.69	0.18	0.94
Net Receivables	0.9	0.88	0.9	0.64	0.8	0.9	0.79	0.86	0.4	0.91	0.73	0.67	0.83	-0.49	0.9	0.8	0.67	-0.75	0.83	0.87		0.29	0.7	0.67	0.12	0.91
Other Current Assets	0.37	0.47	0.37	0.63	0.49	0.4	0.48	0.4	0.65	0.38	0.24	0.46	0.38	0.49	0.37	0.61	0.22	-0.22	0.25	0.42	0.29		0.16	0.3	-0.2	0.31
Short Term Debt	0.65	0.55	0.68	0.56	0.42	0.68	0.55	0.6	0.23	0.65	0.63	0.61	0.74	-0.53	0.65	0.45	0.71	-0.65	0.88	0.58	0.7	0.16		0.8	0.34	0.75
Good Will	0.71	0.6	0.77	0.61	0.42	0.75	0.61	0.67	0.05	0.72	0.59	0.8	0.62	-0.34	0.7	0.5	0.64	-0.7	0.75	0.69	0.67	0.3	0.8		0.17	0.78
Short Term Investments	0.19	0.04	0.19	0.25	-0.19	0.2	0.29	0.18	-0.36	0.1	0.62	0.17	0.2	-0.03	0.19	0.04	0.63	-0.36	0.35	0.18	0.12	-0.2	0.34	0.17		0.18
Intangible Assets	0.97	0.9	0.98	0.66	0.79	0.98	0.83	0.95	0.38	0.97	0.78	0.76	0.91	-0.46	0.97	0.82	0.67	-0.73	0.91	0.94	0.91	0.31	0.75	0.78	0.18

Click cells to compare fundamentals

Canadian Imperial Account Relationship Matchups

Canadian Imperial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	769.6B	837.7B	943.6B	975.7B	1.1T	1.2T
Short Long Term Debt Total	74.0B	164.2B	187.5B	194.5B	223.7B	234.9B
Total Stockholder Equity	41.2B	45.6B	50.2B	53.0B	60.9B	64.0B
Property Plant And Equipment Net	3.0B	3.3B	3.4B	3.3B	3.7B	2.3B
Net Debt	(16.7B)	94.9B	114.1B	131.3B	151.0B	158.6B
Retained Earnings	22.1B	25.8B	28.8B	30.4B	35.0B	36.7B
Cash	62.5B	69.3B	73.3B	63.2B	72.6B	76.3B
Non Current Assets Total	159.9B	172.3B	187.8B	223.4B	257.0B	269.8B
Non Currrent Assets Other	(159.9B)	(402M)	(480M)	(629M)	(723.4M)	(759.5M)
Other Assets	483.6B	566.8B	643.3B	657.8B	756.5B	794.3B
Cash And Short Term Investments	117.1B	88.1B	92.7B	80.5B	92.6B	97.2B
Common Stock Shares Outstanding	892.0M	900.4M	905.7M	916.2M	1.1B	875.6M
Liabilities And Stockholders Equity	769.6B	837.7B	943.6B	975.7B	1.1T	1.2T
Non Current Liabilities Total	45.9B	88.0B	91.4B	116.9B	134.4B	141.1B
Other Stockholder Equity	234M	110M	115M	109M	98.1M	93.2M
Total Liab	728.2B	791.9B	893.2B	922.5B	1.1T	1.1T
Property Plant And Equipment Gross	3.0B	6.4B	6.9B	7.0B	8.0B	8.4B
Total Current Assets	126.1B	98.6B	112.5B	94.4B	85.0B	62.0B
Other Current Liab	(73.6B)	(85.1B)	(91.4B)	(90.9B)	(81.8B)	(77.7B)
Total Current Liabilities	73.6B	85.1B	91.4B	90.9B	104.5B	109.8B
Accounts Payable	8.7B	8.8B	11.2B	13.2B	15.2B	16.0B
Net Receivables	9.0B	10.4B	19.8B	13.9B	16.0B	16.8B
Other Current Assets	27.6B	196.5B	217.0B	202.0B	181.8B	110.3B
Short Term Debt	64.9B	76.2B	80.2B	77.7B	89.3B	46.0B
Accumulated Other Comprehensive Income	1.4B	1.1B	1.6B	1.5B	1.7B	1.8B
Good Will	5.3B	5.0B	5.3B	5.4B	6.2B	3.4B
Short Term Investments	54.6B	18.9B	19.4B	17.3B	19.9B	21.0B
Intangible Assets	2.0B	2.0B	2.6B	2.7B	3.2B	3.3B
Common Stock	13.9B	14.4B	14.7B	16.1B	18.5B	10.4B
Other Liab	9.5B	10.0B	10.2B	12.7B	14.6B	9.6B
Net Tangible Assets	28.2B	31.1B	35.8B	39.6B	45.6B	28.6B
Long Term Debt	7.2B	5.9B	6.3B	116.8B	134.4B	141.1B
Inventory	23M	(196.5B)	(217.0B)	(202.0B)	(181.8B)	(172.7B)
Long Term Investments	149.7B	162.1B	176.5B	212.0B	243.8B	126.7B
Short Long Term Debt	27.1B	76.2B	80.2B	77.7B	69.9B	45.0B
Property Plant Equipment	1.8B	3.0B	3.3B	3.4B	3.9B	2.5B
Long Term Debt Total	4.7B	9.1B	8.0B	8.5B	7.6B	7.9B
Capital Surpluse	125M	117M	110M	115M	132.3M	122.1M

Pair Trading with Canadian Imperial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Imperial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Imperial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canadian Stock

0.82

AMZN

Amazon CDR

Pair Corr

The ability to find closely correlated positions to Canadian Imperial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Imperial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Imperial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Imperial Bank to buy it.

The correlation of Canadian Imperial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Imperial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Imperial Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Canadian Imperial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Canadian Imperial Bank is a strong investment it is important to analyze Canadian Imperial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canadian Imperial's future performance. For an informed investment choice regarding Canadian Stock, refer to the following important reports:

How To Invest In Canadian

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Is Canadian Stock a good investment?

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What is Canadian Imperial's Net Worth?

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Largest Diversified Banks Companies

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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 estimate.

You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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.

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Canadian Dividend Yield vs Free Cash Flow Yield Analysis

Dividend Yield vs Free Cash Flow Yield

Dividend Yield vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Dividend Yield

Free Cash Flow Yield

Canadian Imperial fundamental ratios Correlations

Canadian Imperial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian Imperial fundamental ratios Accounts

Pair Trading with Canadian Imperial

Moving together with Canadian Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Other Assets	+ 0.99	Total Assets

Other Current Liab	- 0.79	Retained Earnings
Other Current Liab	- 0.79	Total Stockholder Equity
Accounts Payable	- 0.78	Other Current Liab
Other Current Liab	- 0.77	Total Current Assets
Other Current Liab	- 0.77	Total Liab
Other Current Liab	- 0.77	Cash And Short Term Investments