McChip Resources (TSXV:MCS) Tax Provision: C$-0.26 Mil (TTM As of Mar. 2026)


TSXV:MCS McChip Resources Inc TSXV:MCS
52 GF Score
Price C$0.82
GF Value C$2.03
Valuation Significantly Undervalued
! 1 Warning Sign
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What is McChip Resources Tax Provision?

McChip Resources TSXV:MCS 52 Tax Provision is C$-0.26 Mil as of Mar. 2026. GuruFocus rates TSXV:MCS with a GF Score™ of 52/100 and a GF Value™ of C$2.03 (Significantly Undervalued). The stock has 1 warning sign investors should review.

McChip Resources's tax provision for the three months ended in Mar. 2026 was C$0.00 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was C$-0.26 Mil.


McChip Resources Tax Provision Historical Data

* Premium members only.

The historical data trend for McChip Resources's Tax Provision 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.

McChip Resources Tax Provision Chart

McChip Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.09 -0.26

McChip Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision 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 0.00 0.00 -0.25 -0.01 0.00
TSXV:MCS
52GF Score
McChip Resources Inc TSXV:MCS
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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McChip Resources Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.26 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of C$-0.26 Mil mean?
McChip Resources (TSXV:MCS) has a Tax Provision of C$-0.26 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on McChip Resources and its competitors.
Is McChip Resources' Tax Provision too high?
McChip Resources' current Tax Provision is C$-0.26 Mil. Overall, McChip Resources has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does McChip Resources' Tax Provision compare to COP and EOG?
McChip Resources' Tax Provision of C$-0.26 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for an Oil & Gas company?
A good Tax Provision depends on the Oil & Gas industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on McChip Resources and its competitors. McChip Resources's current Tax Provision is C$-0.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McChip Resources stock overvalued right now?
Based on GuruFocus' analysis, McChip Resources (TSXV:MCS) is currently considered Significantly Undervalued. The stock's GF Value™ is C$2.03, compared to a current price of C$0.82 — trading 59.6% below its estimated fair value. The current Tax Provision is C$-0.26 Mil. McChip Resources' overall GF Score™ is 52/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For McChip Resources (TSXV:MCS), the current Tax Provision is C$-0.26 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is McChip Resources (TSXV:MCS) Overvalued in 2026?

Based on GuruFocus' analysis, McChip Resources stock appears to be undervalued. The current stock price of C$0.82 is trading 59.6% below its estimated GF Value™ of C$2.03. GuruFocus considers McChip Resources to be Significantly Undervalued.

Key valuation signals for TSXV:MCS:

  • Tax Provision: C$-0.26 Mil
  • GF Value™: C$2.03 vs. price of C$0.82 (59.6% below fair value)
  • GF Score™: 52/100 with 1 warning sign

No single metric tells the full story. See the TSXV:MCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


McChip Resources Business Description

Industry EnergyOil & Gas
Other Exchanges MCCHF:USA
Address 130 Adelaide Street West, Suite 1910, Box 18 - Richmond Adelaide Centre, Toronto, ON, CAN, M5H 3P5
McChip Resources Inc invests in petroleum interests in Western Canada, as well as direct and indirect interests in minerals. The indirect interests are in the form of marketable securities and investment in other companies that are listed on recognized exchanges.
52GF Score

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Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.82
Price
C$2.03
GF Value