Commerce Split Corp (YCM) — Tangible Net Worth Ratio
Commerce Split Corp (YCM) has a Tangible Net Worth Ratio of 100.0% as of May 2024. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$1.96 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See YCM net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Commerce Split Corp Tangible Net Worth Ratio (2007–2023)
This chart shows how Commerce Split Corp's Tangible Net Worth Ratio has changed across 14 annual periods from 2007 to 2023. As of May 2024, the ratio stands at 100.0%, reflecting net assets of CA$1.96 Million with intangible assets of CA$0.00 CAD. See YCM cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Commerce Split Corp (2007–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Commerce Split Corp from 2007 to 2023, covering 14 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of Commerce Split Corp.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | CA$627.49K | CA$0.00 | CA$9.73 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$2.23 Million | CA$0.00 | CA$11.41 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$3.86 Million | CA$0.00 | CA$12.96 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$1.58 Million | CA$0.00 | CA$10.67 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$2.41 Million | CA$0.00 | CA$18.80 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$2.29 Million | CA$0.00 | CA$18.63 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$4.05 Million | CA$0.00 | CA$20.79 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$2.70 Million | CA$0.00 | CA$19.37 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$2.15 Million | CA$0.00 | CA$19.47 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$7.13 Million | CA$0.00 | CA$35.78 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$3.19 Million | CA$0.00 | CA$32.48 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$694.12K | CA$0.00 | CA$29.15 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$182.21K | CA$0.00 | CA$35.08 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$54.59 Million | CA$0.00 | CA$142.23 Million | — |