McChip Financial Statements From 2010 to 2024
| MCCHF Stock | USD 0.45 0.00 0.00% |
Check McChip Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McChip Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . McChip financial statements analysis is a perfect complement when working with McChip Resources Valuation or Volatility modules.
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McChip Resources Company Return On Asset Analysis
McChip Resources' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current McChip Resources Return On Asset | 0.0879 |
Most of McChip Resources' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, McChip Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, McChip Resources has a Return On Asset of 0.0879. This is 119.75% higher than that of the Oil, Gas & Consumable Fuels sector and 101.21% lower than that of the Energy industry. The return on asset for all United States stocks is 162.79% lower than that of the firm.
McChip Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining McChip Resources's current stock value. Our valuation model uses many indicators to compare McChip Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across McChip Resources competition to find correlations between indicators driving McChip Resources's intrinsic value. More Info.McChip Resources is regarded fifth in return on equity category among its peers. It is regarded fourth in return on asset category among its peers reporting about 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for McChip Resources is roughly 1.87 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the McChip Resources' earnings, one of the primary drivers of an investment's value.About McChip Resources Financial Statements
McChip Resources stakeholders use historical fundamental indicators, such as McChip Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although McChip Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in McChip Resources' assets and liabilities are reflected in the revenues and expenses on McChip Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in McChip Resources. Please read more on our technical analysis and fundamental analysis pages.
McChip Resources Inc. operates in the natural resource industry in Canada. McChip Resources Inc. was incorporated in 1935 and is based in Toronto, Canada. Mcchip Resources is traded on OTC Exchange in the United States.
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Other Information on Investing in McChip Pink Sheet
McChip Resources financial ratios help investors to determine whether McChip Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in McChip with respect to the benefits of owning McChip Resources security.