Mccoy Global Inc (MCB) - Net Assets
Based on the latest financial reports, Mccoy Global Inc (MCB) has net assets worth CA$64.12 Million CAD (≈ $46.38 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 (CA$92.64 Million ≈ $67.01 Million USD) and total liabilities (CA$28.52 Million ≈ $20.63 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 Mccoy Global Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$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. Also explore MCB asset base for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Mccoy Global Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 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 | CA$17.80 Million | 26.89% |
| Other Comprehensive Income | CA$13.69 Million | 20.69% |
| Other Components | CA$46.35 Million | 70.02% |
| Total Equity | CA$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 |
|---|---|
|
JERSEY OIL+GAS PLC LS-01
F:TPC1
|
$50.41 Million |
|
Guandian Defense Technology Co. Ltd. A
SHG:688287
|
$50.42 Million |
|
Wallbox NV
NYSE:WBX
|
$50.43 Million |
|
Entera Bio Ltd
NASDAQ:ENTX
|
$50.44 Million |
|
Vanet Gida Sanayi Ic ve Dis Ticaret AS
IS:VANGD
|
$50.39 Million |
|
Ram-On Investments and Holdings Ltd
TA:RMN
|
$50.38 Million |
|
Centrepoint Alliance Ltd
AU:CAF
|
$50.36 Million |
|
Broadway Financial Corporation
NASDAQ:BYFC
|
$50.36 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.
- Share repurchases of 388,000 reduced equity.
- 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 | CA$8.87 Million | +13.4% |
| Dividends Paid | CA$1.90 Million | -2.86% |
| Share Repurchases | CA$388.00K | -0.59% |
| Share Issuances | CA$362.00K | +0.55% |
| Other Comprehensive Income | CA$5.02 Million | +7.59% |
| Other Changes | CA$239.00K | +0.36% |
| Total Change | CA$- | 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: 1.09x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.21x to 1.09x 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$2.60 | x |
| 1998-12-31 | CA$1.27 | CA$2.60 | x |
| 1999-12-31 | CA$1.23 | CA$2.60 | x |
| 2000-12-31 | CA$0.58 | CA$2.60 | x |
| 2001-12-31 | CA$0.59 | CA$2.60 | x |
| 2002-12-31 | CA$0.56 | CA$2.60 | x |
| 2003-12-31 | CA$0.44 | CA$2.60 | x |
| 2004-12-31 | CA$0.66 | CA$2.60 | x |
| 2005-12-31 | CA$0.92 | CA$2.60 | x |
| 2006-12-31 | CA$1.53 | CA$2.60 | x |
| 2007-12-31 | CA$3.10 | CA$2.60 | x |
| 2008-12-31 | CA$2.46 | CA$2.60 | x |
| 2009-12-31 | CA$1.98 | CA$2.60 | x |
| 2010-12-31 | CA$2.15 | CA$2.60 | x |
| 2011-12-31 | CA$2.62 | CA$2.60 | x |
| 2012-12-31 | CA$2.88 | CA$2.60 | x |
| 2013-12-31 | CA$3.10 | CA$2.60 | x |
| 2014-12-31 | CA$3.69 | CA$2.60 | x |
| 2015-12-31 | CA$3.52 | CA$2.60 | x |
| 2016-12-31 | CA$2.16 | CA$2.60 | x |
| 2017-12-31 | CA$1.49 | CA$2.60 | x |
| 2018-12-31 | CA$1.47 | CA$2.60 | x |
| 2019-12-31 | CA$1.36 | CA$2.60 | x |
| 2020-12-31 | CA$1.28 | CA$2.60 | x |
| 2021-12-31 | CA$1.41 | CA$2.60 | x |
| 2022-12-31 | CA$1.80 | CA$2.60 | x |
| 2023-12-31 | CA$1.89 | CA$2.60 | x |
| 2024-12-31 | CA$2.39 | CA$2.60 | 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 (-2.13%), 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 |
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: $271,635,288
- Average return on equity (ROE) among peers: -11.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mccoy Global Inc (MCB) | CA$64.12 Million | 17.54% | 0.44x | $50.41 Million |
| Bri-Chem Corp. (BRY) | $35.24 Million | -40.74% | 1.10x | $6.61 Million |
| CES Energy Solutions Corp (CEU) | $609.05 Million | 15.63% | 1.32x | $2.92 Billion |
| Calfrac Well Services Ltd. (CFW) | $328.84 Million | -25.18% | 1.72x | $387.05 Million |
| Enterprise Group Inc (E) | $51.99 Million | -1.80% | 0.57x | $83.04 Million |
| Enerflex Ltd. (EFX) | $1.02 Billion | 6.90% | 1.10x | $2.31 Billion |
| HTC Purenergy Inc. (HTC) | $21.80 Million | -16.58% | 0.56x | $1.03 Million |
| High Arctic Energy Services Inc. (HWO) | $115.23 Million | -31.75% | 0.16x | $7.90 Million |
| Mattr Corp (MATR) | $134.80 Million | 10.46% | 0.33x | $421.70 Million |
| North American Construction Group Ltd (NOA) | $127.78 Million | -16.56% | 4.87x | $400.31 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