Commerce Split (TSX:YCM) Cash per Share : C$0.83 (As of Nov. 2023)

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What is Commerce Split Cash per Share?

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 Nov. 2023 was C$0.83.

Commerce Split Cash per Share Historical Data

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.

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Commerce Split Cash per Share Chart

Commerce Split Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash per Share

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11.18

0.47

0.22

0.84

0.83

Commerce Split Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash per Share	Get a 7-Day Free Trial															0.22	0.24	0.84	0.60	0.83

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 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 (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

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Commerce Split (TSX:YCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Commerce Split Corp (TSX:YCM) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

YCM.PR.B.PFD:Canada YCM.PR.A.PFD:Canada

Address

77 King Street West, P.O. Box 341, Suite 4500, Royal Trust Tower, Toronto, ON, CAN, M5K 1K7

Website

https://www.quadravest.com

Commerce Split Corp is a mutual fund company. It invests in common shares of 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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