Commerce Split Corp - Asset Resilience Ratio
Commerce Split Corp (YCM) has an Asset Resilience Ratio of 98.49% as of November 2021. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2023)
This chart shows how Commerce Split Corp's Asset Resilience Ratio has changed over time. Check YCM capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Commerce Split Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see market cap of Commerce Split Corp.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$12.77 Million | 98.49% |
| Total Liquid Assets | CA$12.77 Million | 98.49% |
Asset Resilience Insights
- Very High Liquidity: Commerce Split Corp maintains exceptional liquid asset reserves at 98.49% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Commerce Split Corp Industry Peers by Asset Resilience Ratio
Compare Commerce Split Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Pearl Diver Credit Company Inc.
NYSE:PDCC |
Asset Management | 1.77% |
|
A.F.P. Provida
SN:PROVIDA |
Asset Management | 5.53% |
|
A.F.P. Habitat
SN:HABITAT |
Asset Management | 7.59% |
|
Hainan Haide Industry Co Ltd
SHE:000567 |
Asset Management | 32.29% |
|
Australian United Investment Company Ltd
AU:AUI |
Asset Management | 0.01% |
|
Trinity Capital Inc
NASDAQ:TRIN |
Asset Management | 3.31% |
|
PM Capital Global Opportunities Fund Ltd
AU:PGF |
Asset Management | 97.40% |
|
Magellan Financial Group Ltd
AU:MFG |
Asset Management | 15.56% |
Annual Asset Resilience Ratio for Commerce Split Corp (2015–2023)
The table below shows the annual Asset Resilience Ratio data for Commerce Split Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-11-30 | 92.35% | CA$8.98 Million ≈ $6.50 Million |
CA$9.73 Million ≈ $7.04 Million |
-1.04pp |
| 2022-11-30 | 93.39% | CA$10.65 Million ≈ $7.71 Million |
CA$11.41 Million ≈ $8.25 Million |
-5.11pp |
| 2021-11-30 | 98.49% | CA$12.77 Million ≈ $9.24 Million |
CA$12.96 Million ≈ $9.38 Million |
+2.42pp |
| 2020-11-30 | 96.07% | CA$10.25 Million ≈ $7.41 Million |
CA$10.67 Million ≈ $7.72 Million |
+61.73pp |
| 2019-11-30 | 34.34% | CA$6.46 Million ≈ $4.67 Million |
CA$18.80 Million ≈ $13.60 Million |
-63.80pp |
| 2018-11-30 | 98.14% | CA$18.29 Million ≈ $13.23 Million |
CA$18.63 Million ≈ $13.48 Million |
+4.95pp |
| 2017-11-30 | 93.20% | CA$19.38 Million ≈ $14.02 Million |
CA$20.79 Million ≈ $15.04 Million |
-4.42pp |
| 2016-11-30 | 97.62% | CA$18.91 Million ≈ $13.68 Million |
CA$19.37 Million ≈ $14.01 Million |
+0.55pp |
| 2015-11-30 | 97.06% | CA$18.90 Million ≈ $13.67 Million |
CA$19.47 Million ≈ $14.08 Million |
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About Commerce Split Corp
New Commerce Split Fund is an equity mutual fund launched and managed by Quadravest Capital Management Inc. The fund invests in the equity shares of Canadian Imperial Bank of Commerce. It was formerly known as Commerce Split Fund. New Commerce Split Fund was launched on November 27, 2006 and is domiciled in Canada.