GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » McCoy Global Inc (TSX:MCB) » Definitions » Total Current Assets

McCoy Global (TSX:MCB) Total Current Assets : C$69.22 Mil (As of Mar. 2025)


View and export this data going back to 1997. Start your Free Trial

What is McCoy Global Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. McCoy Global's total current assets for the quarter that ended in Mar. 2025 was C$69.22 Mil.

McCoy Global Total Current Assets Historical Data

The historical data trend for McCoy Global's Total Current Assets 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 Total Current Assets Chart

McCoy Global Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.85 34.45 58.46 57.75 75.26

McCoy Global Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Total Current Assets 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 60.63 63.07 62.15 75.26 69.22

McCoy Global Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

McCoy Global's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=17.057+16.42+40.269+1.516
=75.26

McCoy Global's Total Current Assets for the quarter that ended in Mar. 2025 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=10.563+15.504+42.015+1.139
=69.22

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

McCoy Global  (TSX:MCB) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

McCoy Global's Liquidation Value for the quarter that ended in Mar. 2025 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=10.563-27.471+0.75 * 15.504+0.5 * 42.015
=15.73

* 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 Total Current Assets Related Terms

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

McCoy Global Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » McCoy Global Inc (TSX:MCB) » Definitions » Total Current Assets
Comparable Companies
TSX:E TSX:PSD TSX:SHLE NEOE:ZEFI TSX:SFD TSXV:HOH TSX:HWO TSX:BRY TSX:FLNT TSXV:HTC.H SLB BKR MIL:TEN HAL FTI SHSE:601808 XPAR:TE XPAR:GTT SHSE:600968 SGX:5E2
Traded in Other Exchanges
MCCRF:USA 773:Germany
Address
14727 87th Avenue NW, Suite 300, Edmonton, AB, CAN, T5R 4E5
Website
https://www.mccoyglobal.com
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 energy industry. The company's core products are used predominantly during the well construction phase for both land and offshore wells during oil and gas exploration and development. Some of its products are specialized hydraulic power tongs, dies, inserts, make or break torque equipment, and computerized torque turn monitoring systems, among others. In addition, the company also focuses on supporting capital equipment sales through aftermarket products and services such as technical support, consumables, and replacement parts. Geographically, it derives key revenue from the United States and Latin America.
Executives
Mccoy Global Inc. Issuer
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