Comerica Balance Sheet - Quarterly (NYSE:CMA)

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$94.57 $0.61 (0.64%) CMA stock closing price Jun 15, 2018 (Closing)

The fundamental analysis of this company requires a thorough look at Comerica balance sheet. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Comerica stock analysis, and provides insights into the firm's financial performance. Quarterly results are typically accompanied with the company releasing financial statements. The Comerica balance sheet for 2018 Q1 shows total assets of $72.34B. The company has a asset turnover ratio of 0.05. Also see: Comerica revenue and Comerica operating cash flow for the same quarter.

View and download Comerica quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash6.84B5.85B6.2B5.63B8.32B7.22B8.04B4.11B3B6.15B
Marketable Securities133M96M92M90M92M92M92M100M94M113M
Receivables52.93B52.96B52.91B52.87B51.74B52.8B52.98B54.01B52.86B52.57B
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Total Current Assets
59.9B58.9B59.21B58.59B60.15B60.11B61.11B58.22B55.95B58.83B
Property Plant & Equipment-1.38B---1.42B---1.44B
Accumulated Depreciation-916M---915M---889M
Net Property Plant & Equipment
468M466M467M484M488M501M528M544M541M550M
Investment & Advances11.97B12.2B12.34B12.37B12.34B12.37B12.48B12.52B12.51B12.5B
Other Non-Current Assets----------
Deferred Charges----------
Intangibles----------
Deposits & Other Assets----------
Total Assets
72.34B71.57B72.02B71.45B72.98B72.98B74.12B71.28B69.01B71.88B
Notes Payable10M25M23M116M253M110M70M139M473M1.76B
Accounts Payable57.64B57.9B57.82B56.78B58.86B58.99B59.26B56.37B56.35B59.85B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses1.06B1.07B1.02B997M989M1.01B1.23B1.28B1.39B1.38B
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
58.74B58.98B59.35B58.32B59.89B60.02B60.51B57.67B58.25B61.26B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt5.59B4.62B4.64B5.14B5.15B5.16B5.89B5.92B3.11B3.06B
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Total Liabilities
64.34B63.6B63.98B63.46B65.05B65.18B66.4B63.59B61.36B64.32B
Minority Interest----------
Preferred Stock---1.14B------
Common Stock Net1.14B1.14B1.14B2.11B1.14B1.14B1.14B1.14B1.14B1.14B
Capital Surplus2.13B2.12B2.11B-2.11B2.14B2.17B2.17B2.16B2.17B
Retained Earnings8.11B7.89B7.75B7.58B7.43B7.33B7.26B7.16B7.1B7.08B
Treasury Stock2.83B2.74B2.61B2.49B2.37B2.43B2.56B2.47B2.42B2.41B
Other Liabilities-553M-451M-359M-361M-379M-383M-292M-295M-328M-429M
Shareholders Equity8B7.96B8.03B7.99B7.93B7.8B7.73B7.69B7.64B7.56B
Total Liabilities & Shareholders Equity72.34B71.57B72.02B71.45B72.98B72.98B74.12B71.28B69.01B71.88B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Comerica stock price, and Comerica historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Comerica PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like Comerica owns and has monetary significance. CMA assets grew from $71.57B in 2017 Q4 to $72.34B in 2018 Q1. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Comerica is $64.34B. Shareholders equity comes under liabilities as it is money the company owes the holders of CMA stock.

Comerica Balance Sheet - Key Ratios

Current ratio
1.02
Debt to equity ratio
0.7
Asset turnover ratio
0.05
Receivables turnover
0.06
Price to book ratio
2.04