Commerce Split Corp Stock Debt To Equity
| YCM Stock | CAD 4.82 0.18 3.60% |
Commerce Split Corp fundamentals help investors to digest information that contributes to Commerce Split's financial success or failures. It also enables traders to predict the movement of Commerce Stock. The fundamental analysis module provides a way to measure Commerce Split's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Commerce Split stock.
| Last Reported | Projected for Next Year |
Commerce | Debt To Equity |
Commerce Split Corp Company Debt To Equity Analysis
Commerce Split's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Commerce Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Commerce Split is extremely important. It helps to project a fair market value of Commerce Stock properly, considering its historical fundamentals such as Debt To Equity. Since Commerce Split's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Commerce Split's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Commerce Split's interrelated accounts and indicators.
Click cells to compare fundamentals
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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Commerce Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, Commerce Split Corp has a Debt To Equity of 0.0%. This is 100.0% lower than that of the Capital Markets sector and 100.0% lower than that of the Financials industry. The debt to equity for all Canada stocks is 100.0% higher than that of the company.
Commerce Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Commerce Split's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Commerce Split could also be used in its relative valuation, which is a method of valuing Commerce Split by comparing valuation metrics of similar companies.Commerce Split is currently under evaluation in debt to equity category among its peers.
Commerce Split Current Valuation Drivers
We derive many important indicators used in calculating different scores of Commerce Split from analyzing Commerce Split's financial statements. These drivers represent accounts that assess Commerce Split's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Commerce Split's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 1.6M | 4.7M | 2.0M | 797.9K | 917.6K | 871.7K | |
| Enterprise Value | 10.2M | 13.4M | 10.2M | 9.0M | 8.1M | 5.0M |
Commerce Fundamentals
| Shares Outstanding | 896.53 K | ||||
| Number Of Shares Shorted | 58 | ||||
| Price To Book | 2.21 X | ||||
| Price To Sales | 2.15 X | ||||
| Total Debt | 8.97 M | ||||
| Short Ratio | 0.05 X | ||||
| Earnings Per Share | 1.42 X | ||||
| Beta | 3.11 | ||||
| Market Capitalization | 4.32 M | ||||
| Total Asset | 9.73 M | ||||
| Net Asset | 9.73 M |
About Commerce Split Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Commerce Split Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Commerce Split using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Commerce Split Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Commerce Split
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Commerce Split position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Commerce Split will appreciate offsetting losses from the drop in the long position's value.Moving together with Commerce Stock
Moving against Commerce Stock
| 0.72 | TD | Toronto Dominion Bank | PairCorr |
| 0.71 | IAU | i 80 Gold | PairCorr |
| 0.7 | AQN | Algonquin Power Utilities | PairCorr |
| 0.5 | T | Telus Corp | PairCorr |
The ability to find closely correlated positions to Commerce Split could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Commerce Split when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Commerce Split - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Commerce Split Corp to buy it.
The correlation of Commerce Split is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Commerce Split moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Commerce Split Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Commerce Split can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Commerce Stock
Commerce Split financial ratios help investors to determine whether Commerce Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Commerce with respect to the benefits of owning Commerce Split security.