Commerce Split Corp (YCM) - Total Liabilities
Based on the latest financial reports, Commerce Split Corp (YCM) has total liabilities worth CA$9.04 Million CAD (≈ $6.54 Million USD) as of May 2024. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore YCM cash generation efficiency to assess how effectively this company generates cash.
Commerce Split Corp - Total Liabilities Trend (2007–2023)
This chart illustrates how Commerce Split Corp's total liabilities have evolved over time, based on quarterly financial data. Check how resilient are Commerce Split Corp's assets to evaluate the company's liquid asset resilience ratio.
Commerce Split Corp Competitors by Total Liabilities
The table below lists competitors of Commerce Split Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Nisun International Enterprise Development Group Co Ltd
NASDAQ:NISN
|
USA | $87.22 Million |
|
Canadian Premium Sand Inc
V:CPS
|
Canada | CA$5.09 Million |
|
Sonoro Energy Ltd
V:SNV
|
Canada | CA$1.26 Million |
|
COINSILIUM GROUP LTD
F:5CT
|
Germany | €347.64K |
|
Iconovo
ST:ICO
|
Sweden | Skr13.16 Million |
|
FD Technologies Plc
LSE:FDP
|
UK | GBX149.47 Million |
Liability Composition Analysis (2007–2023)
This chart breaks down Commerce Split Corp's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see YCM stock market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 5.15 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 4.61 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.82 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Commerce Split Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Commerce Split Corp (2007–2023)
The table below shows the annual total liabilities of Commerce Split Corp from 2007 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-11-30 | CA$9.10 Million ≈ $6.58 Million |
-0.81% |
| 2022-11-30 | CA$9.18 Million ≈ $6.64 Million |
+0.78% |
| 2021-11-30 | CA$9.10 Million ≈ $6.59 Million |
+0.20% |
| 2020-11-30 | CA$9.09 Million ≈ $6.57 Million |
-44.58% |
| 2019-11-30 | CA$16.39 Million ≈ $11.86 Million |
+0.28% |
| 2018-11-30 | CA$16.35 Million ≈ $11.83 Million |
-2.34% |
| 2017-11-30 | CA$16.74 Million ≈ $12.11 Million |
+0.44% |
| 2016-11-30 | CA$16.67 Million ≈ $12.06 Million |
-3.77% |
| 2015-11-30 | CA$17.32 Million ≈ $12.53 Million |
-39.55% |
| 2014-11-30 | CA$28.65 Million ≈ $20.73 Million |
-2.15% |
| 2013-11-30 | CA$29.28 Million ≈ $21.18 Million |
+2.90% |
| 2012-11-30 | CA$28.46 Million ≈ $20.59 Million |
-7.34% |
| 2011-11-30 | CA$30.71 Million ≈ $22.22 Million |
-11.98% |
| 2010-11-30 | CA$34.89 Million ≈ $25.24 Million |
-40.80% |
| 2009-11-30 | CA$58.94 Million ≈ $42.64 Million |
-23.89% |
| 2008-11-30 | CA$77.45 Million ≈ $56.02 Million |
-11.63% |
| 2007-11-30 | CA$87.64 Million ≈ $63.40 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.