Commerce Historical Balance Sheet
YCM Stock | CAD 4.92 0.12 2.50% |
Trend analysis of Commerce Split Corp balance sheet accounts such as Total Assets of 8.3 M, Total Current Liabilities of 43.1 K, Total Stockholder Equity of 757.7 K or Retained Earnings of 8 M provides information on Commerce Split's total assets, liabilities, and equity, which is the actual value of Commerce Split Corp to its prevalent stockholders. By breaking down trends over time using Commerce Split balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Commerce Split Inventory |
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Commerce |
About Commerce Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Commerce Split Corp at a specified time, usually calculated after every quarter, six months, or one year. Commerce Split Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Commerce Split and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Commerce currently owns. An asset can also be divided into two categories, current and non-current.
Commerce Split Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Commerce Split assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Commerce Split Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Commerce Split balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Commerce Split Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Accounts Payable
An accounting item on the balance sheet that represents Commerce Split obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Commerce Split Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Commerce Split's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Commerce Split Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Commerce Split Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Commerce Split's Inventory is very stable compared to the past year.
2024 | 2025 (projected) | Total Stockholder Equity | 721.6K | 757.7K | Total Current Liabilities | 45.4K | 43.1K |
Commerce Split balance sheet Correlations
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Commerce Split Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Commerce Split balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 10.7M | 13.0M | 11.4M | 9.7M | 8.8M | 8.3M | |
Other Current Liab | 16.0M | 8.9M | 8.8M | (50.4K) | (58.0K) | (55.1K) | |
Total Stockholder Equity | 1.6M | 3.9M | 2.2M | 627.5K | 721.6K | 757.7K | |
Net Debt | 8.5M | 8.8M | 8.2M | (743.8K) | (855.3K) | (812.6K) | |
Cash | 419.5K | 195.0K | 754.4K | 743.8K | 669.4K | 635.9K | |
Non Current Assets Total | 10.3M | 12.8M | 10.7M | 9.0M | 8.1M | 7.7M | |
Non Currrent Assets Other | (10.3M) | (12.8M) | (10.7M) | (9.0M) | (10.3M) | (10.8M) | |
Cash And Short Term Investments | 10.7M | 13.0M | 754.4K | 743.8K | 855.3K | 812.6K | |
Net Receivables | 117.0 | 399.0 | 226.0 | 424.0 | 487.6 | 463.22 | |
Liabilities And Stockholders Equity | 10.7M | 13.0M | 11.4M | 9.7M | 8.8M | 8.3M | |
Other Stockholder Equity | 1.6M | 3.9M | 2.2M | 627.5K | 564.7K | 536.5K | |
Total Current Assets | 10.7M | 13.0M | 754.7K | 744.2K | 855.8K | 813.0K | |
Short Term Investments | 10.3M | 12.8M | 10.7M | 9.0M | 8.1M | 10.6M | |
Long Term Investments | 10.3M | 12.8M | 10.7M | 9.0M | 8.1M | 10.6M | |
Non Current Liabilities Total | 120.6K | 138.9K | 210.0K | 135.9K | 156.3K | 171.2K | |
Inventory | 10.7M | 13.0M | 11.4M | 9.7M | 8.8M | 10.2M | |
Other Current Assets | (10.7M) | (13.0M) | (11.4M) | (9.7M) | (11.2M) | (11.7M) |
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 against Commerce Stock
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
Balance Sheet is a snapshot of the financial position of Commerce Split Corp at a specified time, usually calculated after every quarter, six months, or one year. Commerce Split Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Commerce Split and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Commerce currently owns. An asset can also be divided into two categories, current and non-current.