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McCoy Global (TSX:MCB) 10-Year ROIIC % : 1.70% (As of Dec. 2023)


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What is McCoy Global 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. McCoy Global's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 1.70%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for McCoy Global's 10-Year ROIIC % or its related term are showing as below:

TSX:MCB's 10-Year ROIIC % is ranked worse than
59.11% of 949 companies
in the Oil & Gas industry
Industry Median: 5.02 vs TSX:MCB: 1.70

McCoy Global 10-Year ROIIC % Historical Data

The historical data trend for McCoy Global's 10-Year ROIIC % 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 10-Year ROIIC % Chart

McCoy Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.76 41.89 60.07 18.81 1.70

McCoy Global Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
10-Year ROIIC % 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 - 1.70 - - -

Competitive Comparison of McCoy Global's 10-Year ROIIC %

For the Oil & Gas Equipment & Services subindustry, McCoy Global's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, McCoy Global's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where McCoy Global's 10-Year ROIIC % falls into.



McCoy Global 10-Year ROIIC % Calculation

McCoy Global's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 7.1225703 (Dec. 2023) - 7.8614229 (Dec. 2013) )/( 49.19 (Dec. 2023) - 92.657 (Dec. 2013) )
=-0.7388526/-43.467
=1.70%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


McCoy Global  (TSX:MCB) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


McCoy Global 10-Year ROIIC % Related Terms

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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.
Executives
Michael Leslie Buker Director
Cannell Capital Llc 10% Security Holder
James Rakievich Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Burgundy Asset Management Ltd. 10% Security Holder
Christopher Tiernan Seaver Director