Mccoy Ptb Ratio vs Free Cash Flow Yield Analysis

MCB Stock

CAD 3.03 0.04 1.34%

Mccoy Global financial indicator trend analysis is infinitely more than just investigating Mccoy Global recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mccoy Global is a good investment. Please check the relationship between Mccoy Global Ptb Ratio and its Free Cash Flow Yield accounts. 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.

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mccoy Global Ptb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Mccoy Global's Ptb Ratio and Free Cash Flow Yield is -0.26. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Mccoy Global, assuming nothing else is changed. The correlation between historical values of Mccoy Global's Ptb Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Mccoy Global are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ptb Ratio i.e., Mccoy Global's Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Mccoy Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is very stable compared to the past year. As of the 24th of November 2024, Tax Provision is likely to grow to about 585.9 K, while Discontinued Operations is likely to drop about 5.8 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	3.8M	11.2M	14.9M	17.2M
Cost Of Revenue	23.7M	36.7M	47.1M	44.6M

Total Operating Expenses Cost Of Revenue

Mccoy Global fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Intangible Assets	Cash	Cash And Short Term Investments	Good Will	Current Deferred Revenue
Total Assets		-0.3	0.14	0.77	0.96	0.78	-0.8	0.81	0.52	0.84	0.88	0.42	-0.11	0.85	0.36	0.09	0.65	0.45	0.97	0.34	0.01	0.87	0.78	0.78	0.37	0.57
Short Long Term Debt Total	-0.3		-0.45	-0.22	-0.38	-0.01	0.54	-0.41	0.02	0.07	-0.37	0.02	0.71	-0.45	-0.35	-0.18	0.05	0.08	-0.45	-0.2	-0.64	0.04	-0.29	-0.29	0.05	-0.17
Other Current Liab	0.14	-0.45		0.12	0.22	-0.17	-0.09	0.09	-0.35	-0.15	-0.02	0.16	-0.71	0.33	0.35	-0.08	-0.14	-0.11	0.27	0.19	0.4	-0.06	-0.14	-0.14	0.12	0.34
Total Current Liabilities	0.77	-0.22	0.12		0.58	0.7	-0.39	0.65	0.73	0.77	0.86	0.14	0.1	0.49	0.09	0.24	0.94	0.46	0.68	0.42	0.01	0.78	0.42	0.42	0.11	0.66
Total Stockholder Equity	0.96	-0.38	0.22	0.58		0.65	-0.88	0.77	0.31	0.7	0.77	0.48	-0.29	0.91	0.5	-0.04	0.42	0.35	0.98	0.32	0.07	0.75	0.82	0.82	0.38	0.49
Property Plant And Equipment Net	0.78	-0.01	-0.17	0.7	0.65		-0.47	0.69	0.79	0.91	0.7	0.16	0.33	0.53	0.03	0.21	0.75	0.47	0.63	0.02	-0.4	0.82	0.55	0.55	0.24	0.16
Net Debt	-0.8	0.54	-0.09	-0.39	-0.88	-0.47		-0.63	-0.27	-0.49	-0.68	-0.44	0.37	-0.77	-0.45	-0.14	-0.22	-0.24	-0.87	-0.14	-0.32	-0.5	-0.93	-0.93	-0.4	-0.29
Retained Earnings	0.81	-0.41	0.09	0.65	0.77	0.69	-0.63		0.43	0.65	0.8	-0.17	-0.13	0.73	0.24	0.03	0.55	0.22	0.79	0.44	0.1	0.69	0.58	0.58	-0.16	0.32
Accounts Payable	0.52	0.02	-0.35	0.73	0.31	0.79	-0.27	0.43		0.71	0.62	0.03	0.55	0.23	-0.29	0.43	0.85	0.53	0.37	-0.21	-0.32	0.58	0.43	0.43	0.07	0.07
Non Current Assets Total	0.84	0.07	-0.15	0.77	0.7	0.91	-0.49	0.65	0.71		0.72	0.31	0.35	0.52	0.07	0.28	0.81	0.65	0.67	0.17	-0.31	0.96	0.58	0.58	0.35	0.46
Net Receivables	0.88	-0.37	-0.02	0.86	0.77	0.7	-0.68	0.8	0.62	0.72		0.14	-0.08	0.71	0.3	0.15	0.74	0.32	0.85	0.46	0.15	0.74	0.65	0.65	0.19	0.58
Common Stock Shares Outstanding	0.42	0.02	0.16	0.14	0.48	0.16	-0.44	-0.17	0.03	0.31	0.14		-0.14	0.35	0.33	-0.06	0.08	0.34	0.42	-0.08	-0.13	0.32	0.47	0.47	0.8	0.38
Non Current Liabilities Total	-0.11	0.71	-0.71	0.1	-0.29	0.33	0.37	-0.13	0.55	0.35	-0.08	-0.14		-0.37	-0.72	0.24	0.44	0.34	-0.32	-0.38	-0.65	0.23	-0.09	-0.09	-0.1	-0.22
Inventory	0.85	-0.45	0.33	0.49	0.91	0.53	-0.77	0.73	0.23	0.52	0.71	0.35	-0.37		0.47	-0.09	0.31	0.22	0.92	0.26	0.11	0.53	0.66	0.66	0.28	0.4
Other Current Assets	0.36	-0.35	0.35	0.09	0.5	0.03	-0.45	0.24	-0.29	0.07	0.3	0.33	-0.72	0.47		-0.33	-0.17	0.07	0.47	0.46	0.26	0.13	0.35	0.35	0.26	0.31
Other Stockholder Equity	0.09	-0.18	-0.08	0.24	-0.04	0.21	-0.14	0.03	0.43	0.28	0.15	-0.06	0.24	-0.09	-0.33		0.3	0.33	-0.01	-0.33	0.37	0.13	0.14	0.14	0.26	0.08
Total Liab	0.65	0.05	-0.14	0.94	0.42	0.75	-0.22	0.55	0.85	0.81	0.74	0.08	0.44	0.31	-0.17	0.3		0.53	0.5	0.24	-0.22	0.79	0.34	0.34	0.06	0.52
Property Plant And Equipment Gross	0.45	0.08	-0.11	0.46	0.35	0.47	-0.24	0.22	0.53	0.65	0.32	0.34	0.34	0.22	0.07	0.33	0.53		0.3	-0.17	-0.27	0.61	0.37	0.37	0.29	0.32
Total Current Assets	0.97	-0.45	0.27	0.68	0.98	0.63	-0.87	0.79	0.37	0.67	0.85	0.42	-0.32	0.92	0.47	-0.01	0.5	0.3		0.38	0.16	0.72	0.79	0.79	0.34	0.56
Short Term Debt	0.34	-0.2	0.19	0.42	0.32	0.02	-0.14	0.44	-0.21	0.17	0.46	-0.08	-0.38	0.26	0.46	-0.33	0.24	-0.17	0.38		0.28	0.36	0.04	0.04	-0.18	0.69
Non Currrent Assets Other	0.01	-0.64	0.4	0.01	0.07	-0.4	-0.32	0.1	-0.32	-0.31	0.15	-0.13	-0.65	0.11	0.26	0.37	-0.22	-0.27	0.16	0.28		-0.24	0.11	0.11	0.02	0.32
Intangible Assets	0.87	0.04	-0.06	0.78	0.75	0.82	-0.5	0.69	0.58	0.96	0.74	0.32	0.23	0.53	0.13	0.13	0.79	0.61	0.72	0.36	-0.24		0.56	0.56	0.3	0.6
Cash	0.78	-0.29	-0.14	0.42	0.82	0.55	-0.93	0.58	0.43	0.58	0.65	0.47	-0.09	0.66	0.35	0.14	0.34	0.37	0.79	0.04	0.11	0.56		1.0	0.35	0.21
Cash And Short Term Investments	0.78	-0.29	-0.14	0.42	0.82	0.55	-0.93	0.58	0.43	0.58	0.65	0.47	-0.09	0.66	0.35	0.14	0.34	0.37	0.79	0.04	0.11	0.56	1.0		0.35	0.21
Good Will	0.37	0.05	0.12	0.11	0.38	0.24	-0.4	-0.16	0.07	0.35	0.19	0.8	-0.1	0.28	0.26	0.26	0.06	0.29	0.34	-0.18	0.02	0.3	0.35	0.35		0.33
Current Deferred Revenue	0.57	-0.17	0.34	0.66	0.49	0.16	-0.29	0.32	0.07	0.46	0.58	0.38	-0.22	0.4	0.31	0.08	0.52	0.32	0.56	0.69	0.32	0.6	0.21	0.21	0.33

Click cells to compare fundamentals

Mccoy Global Account Relationship Matchups

Mccoy Global fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	59.6M	52.7M	55.1M	77.8M	79.1M	75.1M
Short Long Term Debt Total	11.5M	11.3M	7.8M	10.1M	4.3M	7.5M
Other Current Liab	2.9M	2.2M	2.0M	2.9M	6.1M	3.6M
Total Current Liabilities	13.9M	7.4M	8.4M	19.4M	20.1M	14.2M
Total Stockholder Equity	37.9M	35.5M	40.0M	51.7M	54.0M	47.8M
Property Plant And Equipment Net	9.8M	10.5M	10.1M	7.3M	9.3M	13.9M
Net Debt	3.1M	(804K)	(3.3M)	(11.4M)	(11.4M)	(10.8M)
Retained Earnings	(34.7M)	(36.9M)	(32.8M)	(24.1M)	(18.4M)	(17.4M)
Accounts Payable	4.2M	2.3M	3.5M	8.6M	8.6M	7.4M
Non Current Assets Total	18.3M	19.8M	20.7M	19.3M	21.3M	24.4M
Net Receivables	8.8M	3.6M	6.0M	13.0M	10.4M	12.9M
Common Stock Shares Outstanding	27.9M	27.7M	28.4M	28.7M	28.6M	24.8M
Liabilities And Stockholders Equity	59.6M	52.7M	55.1M	77.8M	79.1M	75.1M
Non Current Liabilities Total	7.9M	9.7M	6.7M	6.7M	5.0M	5.6M
Inventory	23.0M	15.9M	15.5M	22.0M	30.6M	23.7M
Other Current Assets	1.2M	(39K)	1.8M	2.0M	1.0M	1.4M
Other Stockholder Equity	5.4M	5.6M	5.7M	5.8M	46.3M	48.6M
Total Liab	21.8M	17.2M	15.1M	26.1M	25.1M	19.9M
Property Plant And Equipment Gross	9.8M	10.5M	25.5M	23.7M	26.5M	15.9M
Total Current Assets	41.4M	32.9M	34.4M	58.5M	57.7M	50.7M
Accumulated Other Comprehensive Income	7.6M	7.1M	7.2M	9.9M	8.7M	9.1M
Short Term Debt	3.6M	1.6M	1.1M	3.4M	1.1M	1.0M
Non Currrent Assets Other	(17.9M)	(19.8M)	(20.7M)	39K	5.3M	5.6M
Intangible Assets	4.6M	5.8M	7.1M	7.2M	5.3M	6.7M
Cash	8.4M	12.1M	11.1M	21.5M	15.7M	12.4M
Cash And Short Term Investments	8.4M	12.1M	11.1M	21.5M	15.7M	12.4M
Current Deferred Revenue	3.1M	1.2M	1.8M	4.6M	4.3M	2.8M
Common Stock	59.6M	59.7M	60.0M	60.1M	17.4M	16.5M
Net Tangible Assets	29.7M	26.2M	29.5M	40.8M	36.8M	40.8M
Other Assets	476K	319K	39K	1.1M	973.8K	650.7K
Short Long Term Debt	2.5M	1.2M	504K	2.3M	2.6M	1.9M
Property Plant Equipment	9.8M	10.5M	10.1M	7.3M	6.6M	8.7M
Capital Surpluse	5.4M	5.6M	5.7M	5.8M	6.6M	5.7M
Long Term Debt Total	7.8M	9.7M	6.7M	6.7M	7.7M	5.4M
Cash And Equivalents	8.4M	12.1M	11.1M	21.5M	19.3M	11.6M
Net Invested Capital	46.0M	42.8M	44.2M	56.2M	54.0M	52.6M
Net Working Capital	27.5M	25.4M	26.1M	39.1M	37.7M	35.0M

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

0.83	ENB-PFV	Enbridge Pref 5	Pair Corr
0.68	ENB-PFU	Enbridge Pref L	Pair Corr
0.74	ENS	E Split Corp	Pair Corr
0.61	ENS-PA	E Split Corp	Pair Corr

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 Correlation Correlation 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.

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Mccoy Ptb Ratio vs Free Cash Flow Yield Analysis

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Ptb Ratio

Free Cash Flow Yield

Mccoy Global fundamental ratios Correlations

Mccoy Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mccoy Global fundamental ratios Accounts

Pair Trading with Mccoy Global

Moving together with Mccoy Stock

Other Information on Investing in Mccoy Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.97	Total Assets
Total Stockholder Equity	+ 0.96	Total Assets
Intangible Assets	+ 0.96	Non Current Assets Total
Total Liab	+ 0.94	Total Current Liabilities

Cash And Short Term Investments	- 0.93	Net Debt
Cash	- 0.93	Net Debt
Net Debt	- 0.88	Total Stockholder Equity
Total Current Assets	- 0.87	Net Debt
Net Debt	- 0.8	Total Assets
Inventory	- 0.77	Net Debt