McCoy Global Stock

McCoy Global Equity 2024

McCoy Global Equity

53.98 M CAD

Ticker

MCB.TO

ISIN

CA57980Q1063

WKN

A117M1

In 2024, McCoy Global's equity was 53.98 M CAD, a 4.42% increase from the 51.7 M CAD equity in the previous year.

McCoy Global Aktienanalyse

What does McCoy Global do?

McCoy Global Inc is a Canadian company with a long and informative history dating back to 1914. Originally founded as a seller of wagon materials, the company has evolved over the years to become a leading provider of innovative solutions in the oilfield and mining industries. The company's business model is based on providing services in drilling technologies, measurement and control systems, and the production of machinery and equipment for the oil and gas industry. McCoy Global Inc has proven itself as a market leader in many technical aspects of this industry and is a trusted partner for numerous customers worldwide. The company operates various divisions including "drilling technologies", "measurement and control systems", "pipe thread", "hydraulic products", and "production systems". Each branch of the business offers a wide range of innovative products and services, contributing to the growth and success of the company. In the drilling technologies division, the company offers a wide range of products and services specifically designed for oil and gas exploration. McCoy Global Inc designs and manufactures casing units, drill strings, and other control units that make drilling technology more stable and efficient. The company also offers a variety of services such as drill string inspections and repairs, as well as drill string rotation and stopper systems. Another important division of the company is "measurement and control systems". Customers in the oil and gas industry and other industries increasingly require accurate measurement and control systems that increase reliability and efficiency while reducing operating costs. McCoy Global Inc offers a wide range of precision instruments, controllers, and sensors, helping customers achieve optimal control over their operations while increasing the efficiency of their facilities. One of McCoy Global's absolute strengths is pipe threading technology, specifically the "HydraGrip®" threading system. McCoy has 50 years of experience in manufacturing threaded connections for pipeline systems. Hydragrip is a patented technology that enables a secure and fast connection in drilling operations through seamless fit. The low-wear threading system can be easily attached and removed, increasing the efficiency of pipeline connections. The hydraulic products division includes various products such as hydraulic relief valves, pipe ramps, and a wide selection of seals. McCoy Global Inc's products help reduce waste and environmental pollution while saving costs and resources. Lastly, the company also offers a range of production solutions. As part of its production services, McCoy provides mobile manufacturing units and fixtures for oil and gas exploration. This combines expertise in pipe threading connections and the production of suspension systems for oil drilling. The mobile manufacturing unit is a service that allows equipment for oil and gas production to be produced and maintained on-site, making operations significantly more efficient and cost-effective. Over the past decades, McCoy Global Inc. has established itself as a significant player in the global oil and gas industry. The company offers a comprehensive range of innovative solutions for every stage of oil and gas production, from exploration to production. The various divisions operated by the company allow for specialization in meeting the specific needs of customers in the industry, reliably meeting the needs and tight deadlines of the oil and gas industry. McCoy Global ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing McCoy Global's Equity

McCoy Global's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding McCoy Global's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating McCoy Global's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

McCoy Global's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in McCoy Global’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about McCoy Global stock

What is the equity of McCoy Global this year?

McCoy Global has equity of 53.98 M CAD this year.

What was the equity of McCoy Global compared to the previous year?

The equity of McCoy Global has increased/decreased by 4.42% increased compared to the previous year.

What impact does a high equity have on investors of McCoy Global?

A high equity is advantageous for investors of McCoy Global as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of McCoy Global?

A low equity can be a risk for investors of McCoy Global, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of McCoy Global affect the company?

An increase in equity of McCoy Global can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of McCoy Global affect the company?

A reduction in equity of McCoy Global can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of McCoy Global?

Some factors that can affect the equity of McCoy Global include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of McCoy Global so important for investors?

The equity of McCoy Global is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can McCoy Global take to change the equity?

To change equity, McCoy Global can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does McCoy Global pay?

Over the past 12 months, McCoy Global paid a dividend of 0.03 CAD . This corresponds to a dividend yield of about 1.5 %. For the coming 12 months, McCoy Global is expected to pay a dividend of 0.03 CAD.

What is the dividend yield of McCoy Global?

The current dividend yield of McCoy Global is 1.5 %.

When does McCoy Global pay dividends?

McCoy Global pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of McCoy Global?

McCoy Global paid dividends every year for the past 1 years.

What is the dividend of McCoy Global?

For the upcoming 12 months, dividends amounting to 0.03 CAD are expected. This corresponds to a dividend yield of 1.5 %.

In which sector is McCoy Global located?

McCoy Global is assigned to the 'Energy' sector.

Wann musste ich die Aktien von McCoy Global kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of McCoy Global from 10/15/2024 amounting to 0.02 CAD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did McCoy Global pay the last dividend?

The last dividend was paid out on 10/15/2024.

What was the dividend of McCoy Global in the year 2023?

In the year 2023, McCoy Global distributed 0 CAD as dividends.

In which currency does McCoy Global pay out the dividend?

The dividends of McCoy Global are distributed in CAD.

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Andere Kennzahlen von McCoy Global

Our stock analysis for McCoy Global Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of McCoy Global Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.