McCoy Global Liabilities 2024

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.

Liabilities Details

Assessing McCoy Global's Liabilities

McCoy Global's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating McCoy Global's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing McCoy Global's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

McCoy Global's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in McCoy Global’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about McCoy Global stock

What is the level of liabilities of McCoy Global this year?

McCoy Global has a debt balance of 23.26 M CAD this year.

What were the liabilities of McCoy Global compared to the previous year?

The liabilities of McCoy Global have increased by -10.89% dropped compared to the previous year.

What are the consequences of high debt for investors of McCoy Global?

High liabilities can pose a risk for investors of McCoy Global, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in McCoy Global?

Low liabilities mean that McCoy Global has a strong financial position and is able to meet its obligations without overburdening its finances.

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

An increase in liabilities of McCoy Global can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

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

A decrease in the liabilities of McCoy Global can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

Some factors that can influence the liabilities of McCoy Global include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of McCoy Global so important for investors?

The liabilities of McCoy Global are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can McCoy Global take to modify the liabilities?

To change its liabilities, McCoy Global can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

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 0.85 %. 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 0.85 %.

When does McCoy Global pay dividends?

McCoy Global pays a quarterly dividend. This is distributed in the months of April, July, October, 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 0.85 %.

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 0.01 CAD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.

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.