Commerce Split (TSX:YCM) Cash per Share: C$0.29 (As of May. 2024)

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TSX:YCM Commerce Split Corp TSX:YCM
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Price C$10.70
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What is Commerce Split Cash per Share?

Commerce Split TSX:YCM 10 Cash per Share is C$0.29 as of May. 2024. GuruFocus rates TSX:YCM with a GF Score™ of 10/100.

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Commerce Split's Cash per Share for the quarter that ended in May. 2024 was C$0.29.

Commerce Split  (TSX:YCM) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Commerce Split Cash per Share Related Terms

Commerce Split Cash per Share Historical Data

* Premium members only.

The historical data trend for Commerce Split's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Commerce Split Cash per Share Chart

Commerce Split Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.18 0.47 0.22 0.84 0.83

Commerce Split Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.84 0.60 0.83 0.29
TSX:YCM
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Commerce Split Corp TSX:YCM
Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Commerce Split Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Commerce Split's Cash per Share for the fiscal year that ended in Nov. 2023 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=0.744/0.90
=0.83

Commerce Split's Cash per Share for the quarter that ended in May. 2024 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=0.259/0.90
=0.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash per Share →
What does a Cash per Share of C$0.29 mean?
Commerce Split (TSX:YCM) has a Cash per Share of C$0.29 as of May. 2024. Cash per share is the per-share value of a company's available cash. View historical data for Commerce Split and its competitors.
Is Commerce Split's Cash per Share too high?
Commerce Split's current Cash per Share is C$0.29. Overall, Commerce Split has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Commerce Split's Cash per Share compare to BLK and BX?
Commerce Split's Cash per Share of C$0.29 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash per Share for an Asset Management company?
A good Cash per Share depends on the Asset Management industry context. However, Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash per Share mean?
A high Cash per Share can signal that a stock is expensive relative to its fundamentals. Cash per share is the per-share value of a company's available cash. View historical data for Commerce Split and its competitors. Commerce Split's current Cash per Share is C$0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commerce Split stock overvalued right now?
Commerce Split (TSX:YCM) has a current Cash per Share of C$0.29. The current Cash per Share is C$0.29. Commerce Split's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash per Share calculated?
Cash per Share is calculated from a company's financial statements. For Commerce Split (TSX:YCM), the current Cash per Share is C$0.29 as of May. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Commerce Split Business Description

Address 200 Front Street West, Suite 2510, Royal Trust Tower, Toronto, ON, CAN, M5V 3K2
Commerce Split Corp is a mutual fund company. It invests in common shares of the Canadian Imperial Bank of Commerce. The corporation offers three types of shares, a Capital share, a Class I Preferred, and a Class II Preferred.
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C$10.70
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