Mccoy Global Inc
McCoy Global Inc. provides equipment and technologies designed to support tubular running operations that enhance wellbore integrity and assist with collecting data for the energy industry in the United States, Latin America, the Middle East, Africa, Europe, the Asia Pacific, and Canada. The company designs, produces, and distributes capital equipment; aftermarket products and services, such as t… Read more
Mccoy Global Inc (MCCRF) - Net Assets
Latest net assets as of September 2025: $64.12 Million USD
Based on the latest financial reports, Mccoy Global Inc (MCCRF) has net assets worth $64.12 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($92.64 Million) and total liabilities ($28.52 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $64.12 Million |
| % of Total Assets | 69.22% |
| Annual Growth Rate | 6.63% |
| 5-Year Change | 86.44% |
| 10-Year Change | -32.09% |
| Growth Volatility | 37.44 |
Mccoy Global Inc - Net Assets Trend (1997–2024)
This chart illustrates how Mccoy Global Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mccoy Global Inc (1997–2024)
The table below shows the annual net assets of Mccoy Global Inc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $66.19 Million | +22.62% |
| 2023-12-31 | $53.98 Million | +4.39% |
| 2022-12-31 | $51.71 Million | +29.25% |
| 2021-12-31 | $40.01 Million | +12.69% |
| 2020-12-31 | $35.50 Million | -6.20% |
| 2019-12-31 | $37.85 Million | -6.33% |
| 2018-12-31 | $40.41 Million | -1.94% |
| 2017-12-31 | $41.21 Million | -31.10% |
| 2016-12-31 | $59.80 Million | -38.64% |
| 2015-12-31 | $97.47 Million | -4.79% |
| 2014-12-31 | $102.37 Million | +19.03% |
| 2013-12-31 | $86.00 Million | +10.98% |
| 2012-12-31 | $77.50 Million | +10.13% |
| 2011-12-31 | $70.37 Million | +23.84% |
| 2010-12-31 | $56.82 Million | +8.48% |
| 2009-12-31 | $52.38 Million | -23.14% |
| 2008-12-31 | $68.15 Million | -10.40% |
| 2007-12-31 | $76.06 Million | +152.19% |
| 2006-12-31 | $30.16 Million | +72.58% |
| 2005-12-31 | $17.48 Million | +46.88% |
| 2004-12-31 | $11.90 Million | +36.20% |
| 2003-12-31 | $8.74 Million | +12.98% |
| 2002-12-31 | $7.73 Million | +26.84% |
| 2001-12-31 | $6.10 Million | -4.12% |
| 2000-12-31 | $6.36 Million | -49.94% |
| 1999-12-31 | $12.70 Million | -7.97% |
| 1998-12-31 | $13.80 Million | +17.95% |
| 1997-12-31 | $11.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mccoy Global Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 398.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.80 Million | 26.89% |
| Other Comprehensive Income | $13.69 Million | 20.69% |
| Other Components | $46.35 Million | 70.02% |
| Total Equity | $66.19 Million | 100.00% |
Mccoy Global Inc Competitors by Market Cap
The table below lists competitors of Mccoy Global Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
E-Data Teknoloji Pazarlama AS
IS:EDATA
|
$50.89 Million |
|
Routon Electronic Co Ltd
SHG:600355
|
$50.90 Million |
|
PolyPid
NASDAQ:PYPD
|
$50.91 Million |
|
SXI Real Estate® Shrs Broad TR
SW:REAL
|
$50.92 Million |
|
Reach Subsea ASA
LSE:0EMB
|
$50.85 Million |
|
Reach Subsea
OL:REACH
|
$50.85 Million |
|
Ellaktor S.A
AT:ELLAKTOR
|
$50.84 Million |
|
Etoiles Capital Group Co., Ltd. Class A Ordinary Shares
NASDAQ:EFTY
|
$50.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mccoy Global Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 53,983,000 to 66,195,000, a change of 12,212,000 (22.6%).
- Net income of 8,871,000 contributed positively to equity growth.
- Dividend payments of 1,896,000 reduced retained earnings.
- New share issuances of 362,000 increased equity.
- Other comprehensive income increased equity by 5,024,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.87 Million | +13.4% |
| Dividends Paid | $1.90 Million | -2.86% |
| Share Issuances | $362.00K | +0.55% |
| Other Comprehensive Income | $5.02 Million | +7.59% |
| Other Changes | $-149.00K | -0.23% |
| Total Change | $- | 22.62% |
Book Value vs Market Value Analysis
This analysis compares Mccoy Global Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.92x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.87x to 0.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $1.18 | $2.20 | x |
| 1998-12-31 | $1.27 | $2.20 | x |
| 1999-12-31 | $1.23 | $2.20 | x |
| 2000-12-31 | $0.58 | $2.20 | x |
| 2001-12-31 | $0.59 | $2.20 | x |
| 2002-12-31 | $0.56 | $2.20 | x |
| 2003-12-31 | $0.44 | $2.20 | x |
| 2004-12-31 | $0.66 | $2.20 | x |
| 2005-12-31 | $0.92 | $2.20 | x |
| 2006-12-31 | $1.53 | $2.20 | x |
| 2007-12-31 | $3.10 | $2.20 | x |
| 2008-12-31 | $2.46 | $2.20 | x |
| 2009-12-31 | $1.98 | $2.20 | x |
| 2010-12-31 | $2.15 | $2.20 | x |
| 2011-12-31 | $2.62 | $2.20 | x |
| 2012-12-31 | $2.88 | $2.20 | x |
| 2013-12-31 | $3.10 | $2.20 | x |
| 2014-12-31 | $3.69 | $2.20 | x |
| 2015-12-31 | $3.52 | $2.20 | x |
| 2016-12-31 | $2.16 | $2.20 | x |
| 2017-12-31 | $1.49 | $2.20 | x |
| 2018-12-31 | $1.47 | $2.20 | x |
| 2019-12-31 | $1.36 | $2.20 | x |
| 2020-12-31 | $1.28 | $2.20 | x |
| 2021-12-31 | $1.41 | $2.20 | x |
| 2022-12-31 | $1.80 | $2.20 | x |
| 2023-12-31 | $1.89 | $2.20 | x |
| 2024-12-31 | $2.39 | $2.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mccoy Global Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.44%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.48x
- Recent ROE (13.40%) is above the historical average (-2.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 17.54% | 3.16% | 2.03x | 2.74x | $860.00K |
| 1998 | 11.85% | 2.36% | 1.73x | 2.91x | $250.00K |
| 1999 | -16.26% | -3.08% | 1.43x | 3.68x | $-3.23 Million |
| 2000 | -106.61% | -14.61% | 1.34x | 5.43x | $-7.01 Million |
| 2001 | 1.44% | 0.22% | 1.60x | 4.13x | $-521.95K |
| 2002 | -30.57% | -8.72% | 1.37x | 2.55x | $-3.14 Million |
| 2003 | 11.49% | 3.26% | 1.89x | 1.87x | $130.19K |
| 2004 | 19.70% | 4.47% | 1.46x | 3.01x | $1.15 Million |
| 2005 | 33.70% | 5.50% | 2.55x | 2.40x | $4.14 Million |
| 2006 | 26.08% | 5.32% | 1.80x | 2.73x | $4.85 Million |
| 2007 | 10.65% | 5.03% | 1.39x | 1.53x | $497.28K |
| 2008 | -8.15% | -3.30% | 1.67x | 1.48x | $-12.37 Million |
| 2009 | -25.13% | -13.49% | 1.33x | 1.40x | $-18.40 Million |
| 2010 | 9.42% | 4.88% | 1.32x | 1.46x | $-332.30K |
| 2011 | 16.94% | 7.75% | 1.40x | 1.56x | $4.89 Million |
| 2012 | 15.19% | 6.56% | 1.52x | 1.52x | $4.02 Million |
| 2013 | 11.45% | 8.93% | 0.91x | 1.40x | $1.24 Million |
| 2014 | 17.59% | 14.93% | 0.91x | 1.29x | $7.77 Million |
| 2015 | -11.26% | -13.42% | 0.74x | 1.13x | $-20.72 Million |
| 2016 | -60.07% | -133.06% | 0.39x | 1.17x | $-41.91 Million |
| 2017 | -39.60% | -40.75% | 0.70x | 1.39x | $-20.44 Million |
| 2018 | -9.38% | -7.72% | 0.82x | 1.48x | $-7.83 Million |
| 2019 | 0.62% | 0.44% | 0.90x | 1.58x | $-3.55 Million |
| 2020 | -6.13% | -5.62% | 0.73x | 1.48x | $-5.73 Million |
| 2021 | 10.19% | 12.43% | 0.59x | 1.38x | $77.00K |
| 2022 | 16.95% | 16.71% | 0.67x | 1.50x | $3.59 Million |
| 2023 | 12.09% | 9.37% | 0.90x | 1.43x | $1.13 Million |
| 2024 | 13.40% | 11.44% | 0.79x | 1.48x | $2.25 Million |
Industry Comparison
This section compares Mccoy Global Inc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $5,464,315,253
- Average return on equity (ROE) among peers: -34.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mccoy Global Inc (MCCRF) | $64.12 Million | 17.54% | 0.44x | $50.85 Million |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $222.04 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.34 Billion |
| Akastor ASA (AKKVF) | $13.55 Billion | 9.27% | 2.55x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $18.84 Million | 34.05% | 1.21x | $0.98 |
| Archrock Inc (AROC) | $2.23 Billion | -42.52% | 1.73x | $6.15 Billion |
| Anton Oilfield Services Group (ATONY) | $2.15 Billion | -9.22% | 2.02x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.91 |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $56.21 Billion |
| Kbridge Energy Corp (BMMCF) | $-341.75K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $131.44K | -348.83% | 2.61x | $4.32 Million |