Mccoy Historical Balance Sheet

MCB Stock  CAD 2.91  0.10  3.32%   
Trend analysis of Mccoy Global balance sheet accounts such as Total Current Liabilities of 14.2 M provides information on Mccoy Global's total assets, liabilities, and equity, which is the actual value of Mccoy Global to its prevalent stockholders. By breaking down trends over time using Mccoy Global balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Mccoy Global latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mccoy Global is a good buy for the upcoming year.

Mccoy Global Inventory

23.72 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mccoy Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Mccoy Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Mccoy Global at a specified time, usually calculated after every quarter, six months, or one year. Mccoy Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mccoy Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mccoy currently owns. An asset can also be divided into two categories, current and non-current.

Mccoy Global Balance Sheet Chart

At this time, Mccoy Global's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 28th of November 2024, Non Currrent Assets Other is likely to grow to about 5.6 M, while Total Assets are likely to drop about 75.1 M.

Total Assets

Total assets refers to the total amount of Mccoy Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mccoy Global books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Mccoy Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mccoy Global are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most accounts from Mccoy Global's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Mccoy Global current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mccoy Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Mccoy Global's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 28th of November 2024, Non Currrent Assets Other is likely to grow to about 5.6 M, while Total Assets are likely to drop about 75.1 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total7.8M10.1M4.3M7.5M
Total Assets55.1M77.8M77.2M75.1M

Mccoy Global balance sheet Correlations

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-0.3-0.21-0.22-0.38-0.010.54-0.41-0.140.08-0.350.020.74-0.45-0.26-0.130.060.08-0.45-0.2-0.640.04-0.29-0.290.05-0.17
0.69-0.210.690.630.47-0.290.58-0.030.540.510.25-0.230.640.73-0.060.540.280.680.58-0.120.650.190.190.170.68
0.76-0.220.690.580.7-0.390.650.680.760.780.140.080.490.5-0.070.940.460.680.420.010.780.420.420.110.66
0.96-0.380.630.580.65-0.880.770.250.70.740.48-0.280.910.39-0.160.420.350.980.320.070.750.820.820.380.49
0.78-0.010.470.70.65-0.470.690.540.920.70.160.340.530.16-0.110.760.470.630.02-0.40.820.550.550.240.16
-0.80.54-0.29-0.39-0.88-0.47-0.63-0.33-0.49-0.7-0.440.36-0.77-0.130.07-0.22-0.24-0.87-0.14-0.32-0.5-0.93-0.93-0.4-0.29
0.81-0.410.580.650.770.69-0.630.350.650.77-0.17-0.110.730.38-0.180.550.220.790.440.10.690.580.58-0.160.32
0.43-0.14-0.030.680.250.54-0.330.350.570.590.020.360.1-0.020.010.750.40.32-0.080.130.480.450.450.060.24
0.840.080.540.760.70.92-0.490.650.570.70.310.350.510.26-0.040.810.630.670.18-0.320.960.580.580.340.45
0.84-0.350.510.780.740.7-0.70.770.590.70.13-0.010.690.13-0.080.70.330.810.370.130.680.710.710.190.46
0.420.020.250.140.480.16-0.44-0.170.020.310.13-0.160.350.14-0.020.070.340.42-0.08-0.130.320.470.470.80.38
-0.110.74-0.230.08-0.280.340.36-0.110.360.35-0.01-0.16-0.38-0.38-0.120.430.27-0.32-0.35-0.670.24-0.08-0.08-0.11-0.25
0.85-0.450.640.490.910.53-0.770.730.10.510.690.35-0.380.3-0.030.310.220.920.260.110.530.660.660.280.4
0.42-0.260.730.50.390.16-0.130.38-0.020.260.130.14-0.380.3-0.170.32-0.010.450.570.180.45-0.05-0.050.060.65
-0.12-0.13-0.06-0.07-0.16-0.110.07-0.180.01-0.04-0.08-0.02-0.12-0.03-0.17-0.10.27-0.14-0.250.34-0.11-0.2-0.20.380.12
0.650.060.540.940.420.76-0.220.550.750.810.70.070.430.310.32-0.10.510.50.25-0.230.790.350.350.060.51
0.450.080.280.460.350.47-0.240.220.40.630.330.340.270.22-0.010.270.510.3-0.17-0.270.610.370.370.290.32
0.97-0.450.680.680.980.63-0.870.790.320.670.810.42-0.320.920.45-0.140.50.30.380.160.720.790.790.340.56
0.34-0.20.580.420.320.02-0.140.44-0.080.180.37-0.08-0.350.260.57-0.250.25-0.170.380.280.360.040.04-0.180.69
0.01-0.64-0.120.010.07-0.4-0.320.10.13-0.320.13-0.13-0.670.110.180.34-0.23-0.270.160.28-0.240.110.110.020.32
0.870.040.650.780.750.82-0.50.690.480.960.680.320.240.530.45-0.110.790.610.720.36-0.240.560.560.30.6
0.78-0.290.190.420.820.55-0.930.580.450.580.710.47-0.080.66-0.05-0.20.350.370.790.040.110.561.00.350.21
0.78-0.290.190.420.820.55-0.930.580.450.580.710.47-0.080.66-0.05-0.20.350.370.790.040.110.561.00.350.21
0.370.050.170.110.380.24-0.4-0.160.060.340.190.8-0.110.280.060.380.060.290.34-0.180.020.30.350.350.33
0.57-0.170.680.660.490.16-0.290.320.240.450.460.38-0.250.40.650.120.510.320.560.690.320.60.210.210.33
Click cells to compare fundamentals

Mccoy Global Account Relationship Matchups

Mccoy Global balance sheet Accounts

201920202021202220232024 (projected)
Total Assets59.6M52.7M55.1M77.8M77.2M75.1M
Short Long Term Debt Total11.5M11.3M7.8M10.1M4.3M7.5M
Other Current Liab6.1M3.5M3.8M7.4M10.1M5.9M
Total Current Liabilities13.9M7.4M8.4M19.4M20.1M14.2M
Total Stockholder Equity37.9M35.5M40.0M51.7M54.0M47.8M
Property Plant And Equipment Net9.8M10.5M10.1M7.3M9.3M13.9M
Net Debt3.1M(804K)(3.3M)(11.4M)(11.4M)(10.8M)
Retained Earnings(34.7M)(36.9M)(32.8M)(24.1M)(18.4M)(17.4M)
Accounts Payable4.2M2.3M3.5M8.6M8.6M6.9M
Non Current Assets Total18.3M19.8M20.7M19.3M19.5M24.4M
Net Receivables8.8M3.6M6.0M13.0M10.4M12.9M
Common Stock Shares Outstanding27.9M27.7M28.4M28.7M28.6M24.8M
Liabilities And Stockholders Equity59.6M52.7M55.1M77.8M79.1M75.1M
Non Current Liabilities Total7.9M9.7M6.7M6.7M3.2M5.5M
Inventory23.0M15.9M15.5M22.0M30.6M23.7M
Other Current Assets1.2M1.2M1.8M2.0M1.0M970.9K
Other Stockholder Equity5.4M5.6M5.7M5.8M46.3M48.6M
Total Liab21.8M17.2M15.1M26.1M23.3M19.8M
Property Plant And Equipment Gross9.8M10.5M25.5M23.7M26.5M15.9M
Total Current Assets41.4M32.9M34.4M58.5M57.7M50.7M
Accumulated Other Comprehensive Income7.6M7.1M7.2M9.9M8.7M9.1M
Short Term Debt3.6M1.6M1.1M3.4M1.1M1.0M
Non Currrent Assets Other(17.9M)(19.8M)(20.7M)39K5.3M5.6M
Intangible Assets4.6M5.8M7.1M7.2M5.3M6.7M
Cash8.4M12.1M11.1M21.5M15.7M12.4M
Cash And Short Term Investments8.4M12.1M11.1M21.5M15.7M12.4M
Current Deferred Revenue3.1M1.2M1.8M4.6M4.3M2.8M
Common Stock59.6M59.7M60.0M60.1M17.4M16.5M
Net Tangible Assets29.7M26.2M29.5M40.8M36.8M40.8M
Other Assets476K319K39K1.1M973.8K650.7K
Short Long Term Debt2.5M1.2M504K2.3M2.6M1.9M
Property Plant Equipment9.8M10.5M10.1M7.3M6.6M8.7M
Capital Surpluse5.4M5.6M5.7M5.8M6.6M5.7M
Long Term Debt Total7.8M9.7M6.7M6.7M7.7M5.4M
Cash And Equivalents8.4M12.1M11.1M21.5M19.3M11.6M
Net Invested Capital46.0M42.8M44.2M56.2M54.0M52.6M
Net Working Capital27.5M25.4M26.1M39.1M37.7M35.0M

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

Balance Sheet is a snapshot of the financial position of Mccoy Global at a specified time, usually calculated after every quarter, six months, or one year. Mccoy Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mccoy Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mccoy currently owns. An asset can also be divided into two categories, current and non-current.