Commerce Split Corp Asset Resilience Ratio
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. See Commerce Split Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Commerce Split Corp (2015–2023)
Asset resilience ratio of Commerce Split Corp from 2015 to 2023. This chart shows how Commerce Split Corp's Asset Resilience Ratio has changed over time. Read how much debt does Commerce Split Corp carry for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Commerce Split Corp total assets.
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 |
|---|---|---|
|
Bajaj Holdings & Investment Limited
NSE:BAJAJHLDNG |
Asset Management | 1.12% |
|
IGM Financial Inc.
TO:IGM |
Asset Management | 12.70% |
|
Groep Brussel Lambert NV
BR:GBLB |
Asset Management | 3.60% |
|
Sprott Physical Gold and Silver Trust
TO:CEF |
Asset Management | 99.66% |
|
Australian Foundation Investment Company Ltd
AU:AFI |
Asset Management | 0.01% |
|
Golub Capital BDC Inc
NASDAQ:GBDC |
Asset Management | -96.41% |
|
CI Financial Corp
TO:CIX |
Asset Management | 1.81% |
|
Australian United Investment Company Ltd
AU:AUI |
Asset Management | 0.01% |
Commerce Split Corp Asset Resilience Ratio by Year (2015–2023)
Commerce Split Corp asset resilience ratio by year from 2015 to 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.