McChip Resources Inc (MCS) - Net Assets

Latest as of December 2025: CA$14.62 Million CAD ≈ $10.58 Million USD

Based on the latest financial reports, McChip Resources Inc (MCS) has net assets worth CA$14.62 Million CAD (≈ $10.58 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$15.39 Million ≈ $11.14 Million USD) and total liabilities (CA$769.92K ≈ $556.95K 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 MCS tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$14.62 Million
% of Total Assets 95.0%
Annual Growth Rate 11.59%
5-Year Change 69.48%
10-Year Change 330.54%
Growth Volatility 28.24

McChip Resources Inc - Net Assets Trend (2013–2025)

This chart illustrates how McChip Resources Inc's net assets have evolved over time, based on quarterly financial data. See how many days can McChip Resources Inc fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for McChip Resources Inc (2013–2025)

The table below shows the annual net assets of McChip Resources Inc from 2013 to 2025. For live valuation and market cap data, see McChip Resources Inc (MCS) market capitalisation.

Year Net Assets Change
2025-12-31 CA$14.62 Million
≈ $10.58 Million		 +36.99%
2024-12-31 CA$10.68 Million
≈ $7.72 Million		 +29.45%
2023-12-31 CA$8.25 Million
≈ $5.97 Million		 +2.75%
2022-12-31 CA$8.03 Million
≈ $5.81 Million		 -6.99%
2021-12-31 CA$8.63 Million
≈ $6.24 Million		 +17.32%
2020-12-31 CA$7.36 Million
≈ $5.32 Million		 +29.87%
2019-12-31 CA$5.66 Million
≈ $4.10 Million		 +2.97%
2018-12-31 CA$5.50 Million
≈ $3.98 Million		 -14.02%
2017-12-31 CA$6.40 Million
≈ $4.63 Million		 +88.33%
2016-12-31 CA$3.40 Million
≈ $2.46 Million		 +15.56%
2015-12-31 CA$2.94 Million
≈ $2.13 Million		 -8.18%
2014-12-31 CA$3.20 Million
≈ $2.32 Million		 -18.43%
2013-12-31 CA$3.92 Million
≈ $2.84 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to McChip Resources 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 grown by 1005966700.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CA$7.98 Million 54.58%
Other Components CA$6.64 Million 45.42%
Total Equity CA$14.62 Million 100.00%

McChip Resources Inc Competitors by Market Cap

The table below lists competitors of McChip Resources Inc ranked by their market capitalization.

Company Market Cap
Enlitic Inc
AU:ENL
 $3.54 Million
Enterprise Metals Ltd
AU:ENT
 $3.54 Million
Activate Energy Acquisition Corp. Warrant
NASDAQ:AEAQW
 $3.55 Million
BELLUSCURA PLC LS -01
F:9VQ
 $3.55 Million
coinIX GmbH & Co. KGaA
DU:XCX
 $3.53 Million
GSS Infotech Limited
NSE:GSS
 $3.53 Million
Urban One
NASDAQ:UONE
 $3.53 Million
AIOS Tech Inc.
NASDAQ:AIOS
 $3.53 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in McChip Resources Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 10,675,040 to 14,624,116, a change of 3,949,076 (37.0%).
  • Net income of 3,716,576 contributed positively to equity growth.
  • Other factors increased equity by 232,500.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$3.72 Million +25.41%
Other Changes CA$232.50K +1.59%
Total Change CA$- 36.99%

Book Value vs Market Value Analysis

This analysis compares McChip Resources 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: 0.33x
  • 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 0.73x to 0.33x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 CA$1.13 CA$0.82 x
2018-12-31 CA$0.97 CA$0.82 x
2019-12-31 CA$1.00 CA$0.82 x
2020-12-31 CA$1.30 CA$0.82 x
2021-12-31 CA$1.51 CA$0.82 x
2022-12-31 CA$1.41 CA$0.82 x
2023-12-31 CA$1.44 CA$0.82 x
2024-12-31 CA$1.87 CA$0.82 x
2025-12-31 CA$2.45 CA$0.82 x

Capital Efficiency Dashboard

This dashboard shows how efficiently McChip Resources 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): 25.41%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: -0.00x
  • • Equity Multiplier: 1.05x
  • Recent ROE (25.41%) is above the historical average (-0.53%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 -134.46% 0.00% -0.81x 1.17x CA$-5.67 Million
2014 -13.75% -132.47% 0.09x 1.18x CA$-760.40K
2015 -8.91% -26.13% 0.29x 1.18x CA$-555.71K
2016 9.69% 150.18% 0.05x 1.23x CA$-10.38K
2017 46.90% 566.40% 0.08x 1.10x CA$2.36 Million
2018 -6.02% 0.00% 0.00x 1.13x CA$-880.87K
2019 5.88% 35.90% 0.13x 1.23x CA$-233.12K
2020 24.35% 77.13% 0.28x 1.11x CA$1.06 Million
2021 14.31% 177.64% 0.07x 1.12x CA$371.63K
2022 -4.67% -66.86% 0.06x 1.22x CA$-1.18 Million
2023 6.83% 117.20% 0.05x 1.25x CA$-261.53K
2024 27.56% 225.79% 0.10x 1.20x CA$1.87 Million
2025 25.41% 0.00% 0.00x 1.05x CA$2.25 Million

Industry Comparison

This section compares McChip Resources Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.

Industry Context

  • Industry: Oil & Gas E&P
  • Average net assets among peers: $468,854,611
  • Average return on equity (ROE) among peers: -17.80%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
McChip Resources Inc (MCS) CA$14.62 Million -134.46% 0.05x $3.54 Million
Advantage Oil & Gas Ltd. (AAV) $1.56 Billion 21.64% 0.42x $1.17 Billion
Africa Energy Corp (AFE) $265.56 Million 18.32% 0.01x $67.59 Million
Alvopetro Energy (ALV) $95.37 Million 24.22% 0.47x $235.69 Million
Africa Oil Corp (AOI) $24.87 Million -14.72% 0.42x $820.85 Million
Altima Resources Ltd (ARH) $19.56 Million -8.72% 0.40x $19.37 Million
ARC Resources Ltd. (ARX) $2.10 Billion 25.38% 0.79x $12.87 Billion
Athabasca Oil Corp (ATH) $567.02 Million -127.10% 1.51x $3.78 Billion
Altai Resources Inc. (ATI) $22.21 Million -2.68% 0.02x $1.12 Million
Avanti Energy Inc (AVN) $2.38 Million -86.78% 0.06x $24.04 Million
Arrow Exploration Corp (AXL) $27.18 Million -27.59% 0.08x $102.36 Million

About McChip Resources Inc

V:MCS Canada Oil & Gas E&P
Market Cap
$3.54 Million
CA$4.89 Million CAD
Market Cap Rank
#29199 Global
#1376 in Canada
Share Price
CA$0.82
Change (1 day)
+9.33%
52-Week Range
CA$0.75 - CA$2.49
All Time High
CA$2.49
Categories
Companies in Canada Oil & Gas E&P
About

McChip Resources Inc. engages in the natural resource industry in Canada. The company invests in petroleum interests, direct in interests, and indirect in minerals, such as marketable securities and investment in other companies. It also holds interests in the Saskatchewan Potash project located in the province of Saskatchewan. The company was formerly known as Madsen Red Lake Gold Mines Limited … Read more