RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
McCoy Global Stock

McCoy Global ROE 2024

McCoy Global ROE

0.12

Ticker

MCB.TO

ISIN

CA57980Q1063

WKN

A117M1

In 2024, McCoy Global's return on equity (ROE) was 0.12, a -28.94% increase from the 0.17 ROE 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.

ROE Details

Decoding McCoy Global's Return on Equity (ROE)

McCoy Global's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing McCoy Global's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

McCoy Global's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in McCoy Global’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about McCoy Global stock

What is the ROE (Return on Equity) of McCoy Global this year?

The ROE of McCoy Global this year is 0.12 undefined.

How has the Return on Equity (ROE) of McCoy Global developed compared to the previous year?

The ROE of McCoy Global has increased by -28.94% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of McCoy Global?

A high ROE indicates that McCoy Global generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of McCoy Global?

A low ROE can indicate that McCoy Global is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of McCoy Global affect the company?

A change in ROE (Return on Equity) of McCoy Global can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of McCoy Global?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of McCoy Global?

Some factors that can influence McCoy Global's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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.