GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » McCoy Global Inc (OTCPK:MCCRF) » Definitions » Equity-to-Asset

McCoy Global (McCoy Global) Equity-to-Asset : 0.70 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is McCoy Global Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. McCoy Global's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $40.24 Mil. McCoy Global's Total Assets for the quarter that ended in Dec. 2023 was $57.57 Mil. Therefore, McCoy Global's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.70.

The historical rank and industry rank for McCoy Global's Equity-to-Asset or its related term are showing as below:

MCCRF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.64   Med: 0.71   Max: 0.88
Current: 0.7

During the past 13 years, the highest Equity to Asset Ratio of McCoy Global was 0.88. The lowest was 0.64. And the median was 0.71.

MCCRF's Equity-to-Asset is ranked better than
74.89% of 1087 companies
in the Oil & Gas industry
Industry Median: 0.51 vs MCCRF: 0.70

McCoy Global Equity-to-Asset Historical Data

The historical data trend for McCoy Global's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

McCoy Global Equity-to-Asset Chart

McCoy Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.67 0.73 0.67 0.70

McCoy Global Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.73 0.73 0.72 0.70

Competitive Comparison of McCoy Global's Equity-to-Asset

For the Oil & Gas Equipment & Services subindustry, McCoy Global's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McCoy Global's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, McCoy Global's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where McCoy Global's Equity-to-Asset falls into.



McCoy Global Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

McCoy Global's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=40.238/57.574
=0.70

McCoy Global's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=40.238/57.574
=0.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


McCoy Global  (OTCPK:MCCRF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


McCoy Global Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of McCoy Global's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


McCoy Global (McCoy Global) Business Description

Traded in Other Exchanges
Address
9910 39th Avenue NW, Suite 201, Edmonton, AB, CAN, T6E 5H8
McCoy Global Inc is a provider of equipment and technologies to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is engaged in the design, production and distribution of capital equipment to support tubular running operations, enhance wellbore integrity and to support capital equipment sales through aftermarket products and services such as technical support, consumables and replacement parts. Some of its products are specialized hydraulic power tongs, dies, and inserts, make or break torque equipment, and computerized torque turn monitoring systems.

McCoy Global (McCoy Global) Headlines

From GuruFocus