GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Commerce Split Corp (TSX:YCM.PR.B.PFD) » Definitions » Gross-Profit-to-Asset %

Commerce Split (TSX:YCM.PR.B.PFD) Gross-Profit-to-Asset % : 5.61% (As of Nov. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Commerce Split Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Commerce Split's annualized Gross Profit for the quarter that ended in Nov. 2023 was C$0.55 Mil. Commerce Split's average Total Assets over the quarter that ended in Nov. 2023 was C$9.73 Mil. Therefore, Commerce Split's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2023 was 5.61%.


Commerce Split Gross-Profit-to-Asset % Historical Data

The historical data trend for Commerce Split's Gross-Profit-to-Asset % 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.

* Premium members only.

Commerce Split Gross-Profit-to-Asset % Chart

Commerce Split Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.36 -0.16 27.75 -5.74 -8.17

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
Gross-Profit-to-Asset % 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 5.93 -0.28 -11.46 -21.50 5.61

Competitive Comparison of Commerce Split's Gross-Profit-to-Asset %

For the Asset Management subindustry, Commerce Split's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Commerce Split's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Commerce Split's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Commerce Split's Gross-Profit-to-Asset % falls into.



Commerce Split Gross-Profit-to-Asset % Calculation

Commerce Split's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Nov. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Nov. 2023 )/( (Total Assets (A: Nov. 2022 )+Total Assets (A: Nov. 2023 ))/ count )
=-0.864/( (11.41+9.729)/ 2 )
=-0.864/10.5695
=-8.17 %

Commerce Split's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Nov. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=0.546/( (9.74+9.729)/ 2 )
=0.546/9.7345
=5.61 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Nov. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Commerce Split Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Commerce Split's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Commerce Split (TSX:YCM.PR.B.PFD) Business Description

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

Commerce Split (TSX:YCM.PR.B.PFD) Headlines

No Headlines