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Commerce Split (TSX:YCM) Pretax Margin % : 76.92% (As of Nov. 2023)


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What is Commerce Split Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Commerce Split's Pre-Tax Income for the six months ended in Nov. 2023 was C$0.21 Mil. Commerce Split's Revenue for the six months ended in Nov. 2023 was C$0.27 Mil. Therefore, Commerce Split's pretax margin for the quarter that ended in Nov. 2023 was 76.92%.

The historical rank and industry rank for Commerce Split's Pretax Margin % or its related term are showing as below:

TSX:YCM' s Pretax Margin % Range Over the Past 10 Years
Min: 88.46   Med: 119.21   Max: 816.67
Current: 119.21


TSX:YCM's Pretax Margin % is ranked better than
89.41% of 1671 companies
in the Asset Management industry
Industry Median: 89.81 vs TSX:YCM: 119.21

Commerce Split Pretax Margin % Historical Data

The historical data trend for Commerce Split's Pretax Margin % 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 Pretax Margin % Chart

Commerce Split Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.46 816.67 94.66 126.43 119.21

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
Pretax Margin % 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 81.40 744.44 110.13 109.06 76.92

Competitive Comparison of Commerce Split's Pretax Margin %

For the Asset Management subindustry, Commerce Split's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Commerce Split's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Commerce Split's Pretax Margin % falls into.



Commerce Split Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Commerce Split's Pretax Margin for the fiscal year that ended in Nov. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=-1.03/-0.864
=119.21 %

Commerce Split's Pretax Margin for the quarter that ended in Nov. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=0.21/0.273
=76.92 %

* 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  (TSX:YCM) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Commerce Split Pretax Margin % Related Terms

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Commerce Split (TSX:YCM) 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) Headlines

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