Commerce Split Corp (YCM) — Defensive Interval Ratio

Latest as of May 2024: 4 days

Commerce Split Corp (YCM) has a Defensive Interval Ratio of 4 days as of May 2024. Defensive assets of CA$521.00 (cash CA$-, short-term investments CA$-, receivables CA$521.00) cover 4 days of daily cash needs of CA$138.16/day. See YCM working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

4 days
Days of operational coverage

Defensive Assets

CA$521.00
Cash + ST Investments + Receivables

Daily Cash Need

CA$138.16
Current Liabilities ÷ 365

Current Liabilities

CA$50.43K
CAD

Commerce Split Corp Defensive Interval Ratio (2007–2023)

This chart shows how Commerce Split Corp's Defensive Interval Ratio has evolved across 15 annual periods from 2007 to 2023. As of May 2024, the ratio stands at 4 days, meaning defensive assets of CA$521.00 can fund 4 days of operations without new revenue. See YCM equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Commerce Split Corp (2007–2023)

The table below presents the year-by-year Defensive Interval Ratio for Commerce Split Corp from 2007 to 2023, covering 15 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Commerce Split Corp market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 65031 days CA$8.98 Million CA$138.16/day CA$- CA$8.98 Million ▼ -12088 days
2022 77119 days CA$10.66 Million CA$138.16/day CA$- CA$10.65 Million ▲ +28197 days
2021 48922 days CA$12.77 Million CA$260.98/day CA$- CA$12.77 Million ▼ -25267 days
2020 74189 days CA$10.25 Million CA$138.16/day CA$- CA$10.25 Million ▲ +40961 days
2019 33229 days CA$8.31 Million CA$249.98/day CA$- CA$6.46 Million ▼ -39936 days
2018 73165 days CA$18.29 Million CA$249.98/day CA$- CA$18.29 Million ▼ -2935 days
2017 76100 days CA$19.38 Million CA$254.64/day CA$- CA$19.38 Million ▼ -122773 days
2016 198873 days CA$18.91 Million CA$95.08/day CA$- CA$18.91 Million ▼ -13061 days
2015 211934 days CA$19.34 Million CA$91.27/day CA$- CA$18.90 Million ▲ +211934 days
2014 0 days CA$447.00 CA$2.73K/day CA$- CA$- ▲ +0 days
2013 0 days CA$929.00 CA$9.86K/day CA$- CA$- ▼ -2 days
2012 2 days CA$173.00 CA$108.46/day CA$- CA$- ▼ -15 days
2011 17 days CA$1.85K CA$109.35/day CA$- CA$- ▲ +15 days
2010 2 days CA$431.00 CA$243.98/day CA$- CA$- ▼ -179 days
2007 181 days CA$76.00K CA$420.62/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)