Bing BSc - Mccoy Global COO Technology

MCB Stock  CAD 2.91  0.10  3.32%   

COO

Bing BSc is COO Technology of Mccoy Global
Address 9910 39th Ave NW, Edmonton, AB, Canada, T6E 5H8
Phone780 453 8451
Webhttps://www.mccoyglobal.com

Mccoy Global Management Efficiency

The company has return on total asset (ROA) of 0.077 % which means that it generated a profit of $0.077 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1552 %, meaning that it generated $0.1552 on every $100 dollars invested by stockholders. Mccoy Global's management efficiency ratios could be used to measure how well Mccoy Global manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Mccoy Global's Return On Tangible Assets are very stable compared to the past year. As of the 28th of November 2024, Return On Assets is likely to grow to 0.09, while Return On Capital Employed is likely to drop 0.09. At this time, Mccoy Global's Asset Turnover is very stable compared to the past year.
Mccoy Global has accumulated 4.31 M in total debt with debt to equity ratio (D/E) of 20.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Mccoy Global has a current ratio of 2.96, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Mccoy Global until it has trouble settling it off, either with new capital or with free cash flow. So, Mccoy Global's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mccoy Global sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mccoy to invest in growth at high rates of return. When we think about Mccoy Global's use of debt, we should always consider it together with cash and equity.
McCoy Global Inc., together with its subsidiaries, provides equipment and technologies to support wellbore integrity and assist with collecting critical data for the energy industry. McCoy Global Inc. was founded in 1914 and is headquartered in Edmonton, Canada. MCCOY GLOBAL operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 138 people. Mccoy Global (MCB) is traded on Toronto Exchange in Canada and employs 132 people. Mccoy Global is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Mccoy Global Leadership Team

Elected by the shareholders, the Mccoy Global's board of directors comprises two types of representatives: Mccoy Global inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mccoy. The board's role is to monitor Mccoy Global's management team and ensure that shareholders' interests are well served. Mccoy Global's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mccoy Global's outside directors are responsible for providing unbiased perspectives on the board's policies.
James ICDD, CEO President
Bing BSc, COO Technology

Mccoy Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Mccoy Global a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Mccoy Global

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mccoy Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mccoy Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mccoy Stock

  0.82ENB-PFV Enbridge Pref 5PairCorr
  0.62ENB-PFU Enbridge Pref LPairCorr
  0.72ENS E Split CorpPairCorr

Moving against Mccoy Stock

  0.46PFE Pfizer Inc CDRPairCorr
  0.35SAGE Sage Potash CorpPairCorr
The ability to find closely correlated positions to Mccoy Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mccoy Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mccoy Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mccoy Global to buy it.
The correlation of Mccoy Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mccoy Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mccoy Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mccoy Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Mccoy Stock

Mccoy Global financial ratios help investors to determine whether Mccoy Stock 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 Mccoy with respect to the benefits of owning Mccoy Global security.