Commerce Split (TSX:YCM) Ending Cash Position: C$0.26 Mil (As of May. 2024)

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TSX:YCM Commerce Split Corp TSX:YCM
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What is Commerce Split Ending Cash Position?

Commerce Split TSX:YCM 10 Ending Cash Position is C$0.26 Mil as of May. 2024. GuruFocus rates TSX:YCM with a GF Score™ of 10/100.

Commerce Split's Ending Cash Position for the quarter that ended in May. 2024 was C$0.26 Mil.

Commerce Split's quarterly Ending Cash Position increased from May. 2023 (C$0.54 Mil) to Nov. 2023 (C$0.74 Mil) but then declined from Nov. 2023 (C$0.74 Mil) to May. 2024 (C$0.26 Mil).

Commerce Split's annual Ending Cash Position increased from Nov. 2021 (C$0.20 Mil) to Nov. 2022 (C$0.75 Mil) but then declined from Nov. 2022 (C$0.75 Mil) to Nov. 2023 (C$0.74 Mil).


Commerce Split Ending Cash Position Related Terms


Commerce Split Ending Cash Position Historical Data

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The historical data trend for Commerce Split's Ending Cash Position 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 Ending Cash Position Chart

Commerce Split Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.50 0.42 0.20 0.75 0.74

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
Ending Cash Position 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 0.21 0.75 0.54 0.74 0.26
TSX:YCM
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Commerce Split Corp TSX:YCM
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Commerce Split Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Commerce Split's Ending Cash Position for the fiscal year that ended in Nov. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0.755+-0.011
=0.74

Commerce Split's Ending Cash Position for the quarter that ended in May. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0.744+-0.485
=0.26

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of C$0.26 Mil mean?
Commerce Split (TSX:YCM) has a Ending Cash Position of C$0.26 Mil as of May. 2024. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Commerce Split and its competitors.
Is Commerce Split's Ending Cash Position too high?
Commerce Split's current Ending Cash Position is C$0.26 Mil. 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 Ending Cash Position compare to BLK and BX?
Commerce Split's Ending Cash Position of C$0.26 Mil 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 Ending Cash Position for an Asset Management company?
A good Ending Cash Position depends on the Asset Management industry context. However, Ending Cash Position 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 Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Commerce Split and its competitors. Commerce Split's current Ending Cash Position is C$0.26 Mil. 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 Ending Cash Position of C$0.26 Mil. The current Ending Cash Position is C$0.26 Mil. 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 Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Commerce Split (TSX:YCM), the current Ending Cash Position is C$0.26 Mil 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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