Mccoy Global Inc (MCB) - Net Assets
Based on the latest financial reports, Mccoy Global Inc (MCB) has net assets worth CA$67.33 Million CAD (≈ $48.70 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$93.75 Million ≈ $67.82 Million USD) and total liabilities (CA$26.42 Million ≈ $19.11 Million USD). 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. Check MCB intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$67.33 Million |
| % of Total Assets | 71.81% |
| Annual Growth Rate | 6.52% |
| 5-Year Change | 71.48% |
| 10-Year Change | 14.72% |
| Growth Volatility | 36.8 |
Mccoy Global Inc - Net Assets Trend (1997–2025)
This chart illustrates how Mccoy Global Inc's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Mccoy Global Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Mccoy Global Inc (1997–2025)
The table below shows the annual net assets of Mccoy Global Inc from 1997 to 2025. For live valuation and market cap data, see Mccoy Global Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$68.61 Million ≈ $49.63 Million |
+3.65% |
| 2024-12-31 | CA$66.19 Million ≈ $47.88 Million |
+22.62% |
| 2023-12-31 | CA$53.98 Million ≈ $39.05 Million |
+4.39% |
| 2022-12-31 | CA$51.71 Million ≈ $37.41 Million |
+29.25% |
| 2021-12-31 | CA$40.01 Million ≈ $28.94 Million |
+12.69% |
| 2020-12-31 | CA$35.50 Million ≈ $25.68 Million |
-6.20% |
| 2019-12-31 | CA$37.85 Million ≈ $27.38 Million |
-6.33% |
| 2018-12-31 | CA$40.41 Million ≈ $29.23 Million |
-1.94% |
| 2017-12-31 | CA$41.21 Million ≈ $29.81 Million |
-31.10% |
| 2016-12-31 | CA$59.80 Million ≈ $43.26 Million |
-38.64% |
| 2015-12-31 | CA$97.47 Million ≈ $70.51 Million |
-4.79% |
| 2014-12-31 | CA$102.37 Million ≈ $74.06 Million |
+19.03% |
| 2013-12-31 | CA$86.00 Million ≈ $62.21 Million |
+10.98% |
| 2012-12-31 | CA$77.50 Million ≈ $56.06 Million |
+10.13% |
| 2011-12-31 | CA$70.37 Million ≈ $50.90 Million |
+23.84% |
| 2010-12-31 | CA$56.82 Million ≈ $41.10 Million |
+8.48% |
| 2009-12-31 | CA$52.38 Million ≈ $37.89 Million |
-23.14% |
| 2008-12-31 | CA$68.15 Million ≈ $49.30 Million |
-10.40% |
| 2007-12-31 | CA$76.06 Million ≈ $55.02 Million |
+152.19% |
| 2006-12-31 | CA$30.16 Million ≈ $21.82 Million |
+72.58% |
| 2005-12-31 | CA$17.48 Million ≈ $12.64 Million |
+46.88% |
| 2004-12-31 | CA$11.90 Million ≈ $8.61 Million |
+36.20% |
| 2003-12-31 | CA$8.74 Million ≈ $6.32 Million |
+12.98% |
| 2002-12-31 | CA$7.73 Million ≈ $5.59 Million |
+26.84% |
| 2001-12-31 | CA$6.10 Million ≈ $4.41 Million |
-4.12% |
| 2000-12-31 | CA$6.36 Million ≈ $4.60 Million |
-49.94% |
| 1999-12-31 | CA$12.70 Million ≈ $9.19 Million |
-7.97% |
| 1998-12-31 | CA$13.80 Million ≈ $9.98 Million |
+17.95% |
| 1997-12-31 | CA$11.70 Million ≈ $8.46 Million |
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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 236.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$17.80 Million | 25.95% |
| Other Comprehensive Income | CA$10.56 Million | 15.40% |
| Other Components | CA$45.56 Million | 66.41% |
| Total Equity | CA$68.61 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 |
|---|---|
|
Eastwood Bio-Medical Canada Inc
V:EBM
|
$44.78 Million |
|
WooGene B&G Co. Ltd
KQ:018620
|
$44.78 Million |
|
InfoBeans Technologies Limited
NSE:INFOBEAN
|
$44.79 Million |
|
HCL Infosystems Limited
NSE:HCL-INSYS
|
$44.79 Million |
|
Singular Health Group Ltd
AU:SHG
|
$44.76 Million |
|
Claranova SE
PA:CLA
|
$44.72 Million |
|
SOLUCIONES CUATROO.EO-04
F:5XW
|
$44.69 Million |
|
SundayToz Corp
KQ:123420
|
$44.69 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 2024 to 2025, total equity changed from 66,195,000 to 68,609,000, a change of 2,414,000 (3.6%).
- Net income of 9,015,000 contributed positively to equity growth.
- Dividend payments of 2,556,000 reduced retained earnings.
- Share repurchases of 1,384,000 reduced equity.
- New share issuances of 128,000 increased equity.
- Other comprehensive income decreased equity by 3,129,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$9.02 Million | +13.14% |
| Dividends Paid | CA$2.56 Million | -3.73% |
| Share Repurchases | CA$1.38 Million | -2.02% |
| Share Issuances | CA$128.00K | +0.19% |
| Other Comprehensive Income | CA$-3.13 Million | -4.56% |
| Other Changes | CA$340.00K | +0.5% |
| Total Change | CA$- | 3.65% |
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: 0.91x
- 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 1.94x to 0.91x 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 | CA$1.18 | CA$2.28 | x |
| 1998-12-31 | CA$1.27 | CA$2.28 | x |
| 1999-12-31 | CA$1.23 | CA$2.28 | x |
| 2000-12-31 | CA$0.58 | CA$2.28 | x |
| 2001-12-31 | CA$0.59 | CA$2.28 | x |
| 2002-12-31 | CA$0.56 | CA$2.28 | x |
| 2003-12-31 | CA$0.44 | CA$2.28 | x |
| 2004-12-31 | CA$0.66 | CA$2.28 | x |
| 2005-12-31 | CA$0.92 | CA$2.28 | x |
| 2006-12-31 | CA$1.53 | CA$2.28 | x |
| 2007-12-31 | CA$3.10 | CA$2.28 | x |
| 2008-12-31 | CA$2.46 | CA$2.28 | x |
| 2009-12-31 | CA$1.98 | CA$2.28 | x |
| 2010-12-31 | CA$2.15 | CA$2.28 | x |
| 2011-12-31 | CA$2.62 | CA$2.28 | x |
| 2012-12-31 | CA$2.88 | CA$2.28 | x |
| 2013-12-31 | CA$3.10 | CA$2.28 | x |
| 2014-12-31 | CA$3.69 | CA$2.28 | x |
| 2015-12-31 | CA$3.52 | CA$2.28 | x |
| 2016-12-31 | CA$2.16 | CA$2.28 | x |
| 2017-12-31 | CA$1.49 | CA$2.28 | x |
| 2018-12-31 | CA$1.47 | CA$2.28 | x |
| 2019-12-31 | CA$1.36 | CA$2.28 | x |
| 2020-12-31 | CA$1.28 | CA$2.28 | x |
| 2021-12-31 | CA$1.41 | CA$2.28 | x |
| 2022-12-31 | CA$1.80 | CA$2.28 | x |
| 2023-12-31 | CA$1.89 | CA$2.28 | x |
| 2024-12-31 | CA$2.39 | CA$2.28 | x |
| 2025-12-31 | CA$2.50 | CA$2.28 | 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): 13.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.76%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.37x
- Recent ROE (13.14%) is above the historical average (-1.60%), 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 | CA$860.00K |
| 1998 | 11.85% | 2.36% | 1.73x | 2.91x | CA$250.00K |
| 1999 | -16.26% | -3.08% | 1.43x | 3.68x | CA$-3.23 Million |
| 2000 | -106.61% | -14.61% | 1.34x | 5.43x | CA$-7.01 Million |
| 2001 | 1.44% | 0.22% | 1.60x | 4.13x | CA$-521.95K |
| 2002 | -30.57% | -8.72% | 1.37x | 2.55x | CA$-3.14 Million |
| 2003 | 11.49% | 3.26% | 1.89x | 1.87x | CA$130.19K |
| 2004 | 19.70% | 4.47% | 1.46x | 3.01x | CA$1.15 Million |
| 2005 | 33.70% | 5.50% | 2.55x | 2.40x | CA$4.14 Million |
| 2006 | 26.08% | 5.32% | 1.80x | 2.73x | CA$4.85 Million |
| 2007 | 10.65% | 5.03% | 1.39x | 1.53x | CA$497.28K |
| 2008 | -8.15% | -3.30% | 1.67x | 1.48x | CA$-12.37 Million |
| 2009 | -25.13% | -13.49% | 1.33x | 1.40x | CA$-18.40 Million |
| 2010 | 8.55% | 4.43% | 1.32x | 1.46x | CA$-825.30K |
| 2011 | 16.94% | 7.75% | 1.40x | 1.56x | CA$4.89 Million |
| 2012 | 15.19% | 6.56% | 1.52x | 1.52x | CA$4.02 Million |
| 2013 | 11.45% | 8.93% | 0.91x | 1.40x | CA$1.24 Million |
| 2014 | 17.59% | 14.93% | 0.91x | 1.29x | CA$7.77 Million |
| 2015 | -11.26% | -13.42% | 0.74x | 1.13x | CA$-20.72 Million |
| 2016 | -60.07% | -133.06% | 0.39x | 1.17x | CA$-41.91 Million |
| 2017 | -39.60% | -40.75% | 0.70x | 1.39x | CA$-20.44 Million |
| 2018 | -9.38% | -7.72% | 0.82x | 1.48x | CA$-7.83 Million |
| 2019 | -1.28% | -0.91% | 0.90x | 1.58x | CA$-4.27 Million |
| 2020 | -6.13% | -5.62% | 0.73x | 1.48x | CA$-5.73 Million |
| 2021 | 10.19% | 12.43% | 0.59x | 1.38x | CA$77.00K |
| 2022 | 16.95% | 16.71% | 0.67x | 1.50x | CA$3.59 Million |
| 2023 | 12.09% | 9.37% | 0.90x | 1.43x | CA$1.13 Million |
| 2024 | 13.40% | 11.44% | 0.79x | 1.48x | CA$2.25 Million |
| 2025 | 13.14% | 10.76% | 0.89x | 1.37x | CA$2.15 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: $297,324,414
- Average return on equity (ROE) among peers: -5.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mccoy Global Inc (MCB) | CA$67.33 Million | 17.54% | 0.39x | $44.78 Million |
| Bri-Chem Corp. (BRY) | $60.18 Million | 0.18% | 1.55x | $7.36 Million |
| CES Energy Solutions Corp (CEU) | $54.49 Million | -49.20% | 0.37x | $2.41 Billion |
| Calfrac Well Services Ltd. (CFW) | $615.90 Million | 30.96% | 0.83x | $472.00 Million |
| Enterprise Group Inc (E) | $2.02 Million | -16.18% | 0.85x | $75.75 Million |
| Enerflex Ltd. (EFX) | $1.54 Billion | -6.54% | 1.77x | $2.31 Billion |
| HTC Purenergy Inc. (HTC) | $20.33 Million | -1.85% | 0.44x | $1.03 Million |
| High Arctic Energy Services Inc. (HWO) | $99.33 Million | -13.23% | 0.24x | $8.17 Million |
| Mattr Corp (MATR) | $121.80 Million | 8.13% | 0.33x | $543.43 Million |
| North American Construction Group Ltd (NOA) | $158.95 Million | -0.28% | 1.20x | $388.69 Million |
About 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