Mcchip Resources Stock Net Income

MCS Stock  CAD 0.75  0.10  11.76%   
McChip Resources fundamentals help investors to digest information that contributes to McChip Resources' financial success or failures. It also enables traders to predict the movement of McChip Stock. The fundamental analysis module provides a way to measure McChip Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to McChip Resources stock.
Last ReportedProjected for Next Year
Net Income From Continuing Ops563.1 K591.3 K
Net Income Applicable To Common Shares1.4 M1.5 M
Net Income563.1 K591.3 K
Net Income Per Share 0.10  0.10 
Net Income Per E B T 1.19  0.97 
At this time, McChip Resources' Net Income From Continuing Ops is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to climb to about 1.5 M in 2024, whereas Net Income Per E B T is likely to drop 0.97 in 2024.
  
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McChip Resources Company Net Income Analysis

McChip Resources' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current McChip Resources Net Income

    
  563.13 K  
Most of McChip Resources' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, McChip Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

McChip Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for McChip Resources is extremely important. It helps to project a fair market value of McChip Stock properly, considering its historical fundamentals such as Net Income. Since McChip Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of McChip Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of McChip Resources' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

McChip Operating Income

Operating Income

(381,198)

At this time, McChip Resources' Operating Income is fairly stable compared to the past year.
Based on the recorded statements, McChip Resources reported net income of 563.13 K. This is 99.98% lower than that of the Oil, Gas & Consumable Fuels sector and 99.84% lower than that of the Energy industry. The net income for all Canada stocks is 99.9% higher than that of the company.

McChip Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses McChip Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of McChip Resources could also be used in its relative valuation, which is a method of valuing McChip Resources by comparing valuation metrics of similar companies.
McChip Resources is currently under evaluation in net income category among its peers.

McChip Fundamentals

About McChip Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze McChip Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of McChip Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of McChip Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for McChip Stock Analysis

When running McChip Resources' price analysis, check to measure McChip Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McChip Resources is operating at the current time. Most of McChip Resources' value examination focuses on studying past and present price action to predict the probability of McChip Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McChip Resources' price. Additionally, you may evaluate how the addition of McChip Resources to your portfolios can decrease your overall portfolio volatility.