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Accumulated Allowance for Doubtful Accounts for Commonwealth Bank Of Australia

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CBA: Commonwealth Bank Of Australia

Commonwealth Bank of Australia provides retail and commercial banking services in Australia, New Zealand, and internationally. It operates through Retail Banking Services, Business Banking, Institutio...

148.87 AUD
Price
AUD
Fair Value
Upside
109.94 - 167.92
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on Commonwealth Bank Of Australia's Accumulated Allowance for Doubtful Accounts:

Jun 2016Jun 2018Jun 2020Jun 2022Jun 20240 K

Performance Summary

    How does Commonwealth Bank Australia's Accumulated Allowance for Doubtful Accounts benchmark against competitors?

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    We've identified the following companies as similar to Commonwealth Bank Of Australia because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

    Metric Usage: Accumulated Allowance for Doubtful Accounts

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    allow_doubt_acct
    Slug
    number
    Datatype
    text
    Format
    current
    Default Period
    FY, Q
    Periods Supported
    Free
    Plan

    To view the full list of supported financial metrics please see Complete Metrics Listing.

    Similar Metrics

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    Metrics similar to Accumulated Allowance for Doubtful Accounts in the financials category include:

    • Preferred Stock Redeemable - Mandatorily redeemable securities of subsidiary companies.
    • Normalized Net Income - This item is EBT, Excl. Unusual Items * (1 - Statutory Tax Rate) + Minority Int. in Earnings. Note: this metric assumes a statutory tax rate of 37.5% for all companies.
    • Other Non Interest Income - This item represents income from loan origination and loan servicing activities, fee income from non-fund based activity like investment banking & capital market fees, brokerage fees, fees for other financial services, foreign exchange gains (losses) and all recurring operating incomes reported by the company in the non interest income section of Income Statement, other than service charges on deposits, trust income, income on foreclosed property, mortgage banking revenues, investment securities gains, trading account gain (loss), gain/loss on sale of loans, assets and business, credit card fee etc.
    • Weighted Average Diluted Shares Out. - The number of shares held by shareholders including insiders but not including a company's treasury shares assuming conversion of all convertible debt, securities, warrants and options, sourced from the company 10-K or 10-Q SEC reports.
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    Accumulated Allowance for Doubtful Accounts

    The calculated value of receivables that are deemed to be uncollectible.

    Definition of Accumulated Allowance for Doubtful Accounts

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    Commonwealth Bank of Australia did not report meaningful accumulated allowance for doubtful accounts for the latest quarter ending December 31, 2024 on its balance sheet.

    The tables below summarizes Commonwealth Bank of Australia’s Accumulated Allowance for Doubtful Accounts and common size over the last five years:

    Fiscal YearAccumulated Allowance for Doubtful AccountsAssets% Assets
    2020-06-30NA1,015.5 B0.0%
    2021-06-30NA1,092 B0.0%
    2022-06-30NA1,215.3 B0.0%
    2023-06-30NA1,252.4 B0.0%
    2024-06-30NA1,254.1 B0.0%

    The tables below summarizes Commonwealth Bank of Australia’s Accumulated Allowance for Doubtful Accounts and common size over the last four quarters:

    Quarter EndingAccumulated Allowance for Doubtful AccountsAssets% Assets
    2024-03-31NA1,254.1 B0.0%
    2024-06-30NA1,254.1 B0.0%
    2024-09-30NA1,308.6 B0.0%
    2024-12-31NA1,308.6 B0.0%

    Click the link below to download a spreadsheet with an example Accumulated Allowance for Doubtful Accounts calculation for Commonwealth Bank Of Australia below:

    Sector Benchmark Analysis

    Sector
    Industry Group
    Industry
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    36.968 M132 M227 M406.6 M261014

    The chart above depicts the distribution of accumulated allowance for doubtful accounts for companies operating in the Financials sector in the Developed economic region. Over 230 companies were considered in this analysis, and 229 had meaningful values. The average accumulated allowance for doubtful accounts of companies in the sector is 27.711 M with a standard deviation of 64.023 M.

    Commonwealth Bank Of Australia's Accumulated Allowance for Doubtful Accounts of - is significantly outside the interquartile range and is excluded from the distribution. The following table provides additional summary stats:

    Accumulated Allowance for Doubtful Accounts In The Financials Sector
    Economic Risk RegionDeveloped
    Total Constituents239
    Included Constituents229
    Min2.589 K
    Max384.5 M
    Median2.642 M
    Mean27.711 M
    Standard Deviation64.023 M

    You can find companies with similar accumulated allowance for doubtful accounts using this stock screener.

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