Mcchip Resources Stock Total Asset

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
Total Assets10.3 M7.4 M
Total Assets is likely to drop to about 7.4 M in 2024.
  
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McChip Resources Company Total Asset Analysis

McChip Resources' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

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Intangible Assets

More About Total Asset | All Equity Analysis

Current McChip Resources Total Asset

    
  10.34 M  
Most of McChip Resources' fundamental indicators, such as Total Asset, 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 Total Asset 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 Total Asset. 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.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

McChip Total Assets

Total Assets

7.42 Million

At this time, McChip Resources' Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, McChip Resources has a Total Asset of 10.34 M. This is 99.97% lower than that of the Oil, Gas & Consumable Fuels sector and 99.95% lower than that of the Energy industry. The total asset for all Canada stocks is 99.96% higher than that of the company.

McChip Total Asset 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 Total Asset 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 total asset 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

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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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.