McChip Dividend Yield vs Average Payables Analysis

MCS Stock

CAD 0.64 0.01 1.59%

McChip Resources financial indicator trend analysis is infinitely more than just investigating McChip Resources recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether McChip Resources is a good investment. Please check the relationship between McChip Resources Dividend Yield and its Average Payables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McChip Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Dividend Yield vs Average Payables

Dividend Yield vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McChip Resources Dividend Yield account and Average Payables. At this time, the significance of the direction appears to have no relationship.

The correlation between McChip Resources' Dividend Yield and Average Payables is 0.0. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Average Payables in the same time period over historical financial statements of McChip Resources, assuming nothing else is changed. The correlation between historical values of McChip Resources' Dividend Yield and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of McChip Resources are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Dividend Yield i.e., McChip Resources' Dividend Yield and Average Payables go up and down completely randomly.

Correlation Coefficient

0.0

Relationship Direction	Flat
Relationship Strength	Insignificant

View All Relationships

Dividend Yield

Dividend Yield is McChip Resources dividend as a percentage of McChip Resources stock price. McChip Resources dividend yield is a measure of McChip Resources stock productivity, which can be interpreted as interest rate earned on an McChip Resources investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from McChip Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into McChip Resources current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McChip Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to drop to about 718.1 K in 2025. Sales General And Administrative To Revenue is likely to drop to 0.80 in 2025

McChip Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Short Term Investments	Other Current Assets	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.79	0.99	0.65	0.99	0.94	0.63	0.49	0.59	0.9	0.75	0.76	-0.73	0.81	0.99	0.86	0.54	-0.2	0.85	-0.85	-0.88	-0.62	0.55	0.92	0.91	0.53
Total Current Liabilities	0.79		0.73	0.7	0.71	0.8	0.76	0.28	0.33	0.93	0.52	0.99	-0.6	0.99	0.78	0.54	0.75	-0.27	0.73	-0.84	-0.75	-0.6	0.76	0.85	0.81	0.76
Total Stockholder Equity	0.99	0.73		0.62	0.99	0.96	0.55	0.54	0.62	0.89	0.74	0.71	-0.74	0.76	0.98	0.87	0.49	-0.17	0.87	-0.83	-0.88	-0.6	0.5	0.88	0.89	0.49
Other Liab	0.65	0.7	0.62		0.61	0.59	0.75	0.38	0.03	0.72	0.25	0.65	-0.72	0.67	0.69	0.51	0.72	0.13	0.66	-0.66	-0.63	-0.37	0.72	0.67	0.64	0.72
Net Tangible Assets	0.99	0.71	0.99	0.61		0.93	0.56	0.53	0.61	0.86	0.75	0.69	-0.72	0.74	0.98	0.88	0.47	-0.18	0.84	-0.82	-0.87	-0.6	0.48	0.89	0.89	0.46
Retained Earnings	0.94	0.8	0.96	0.59	0.93		0.48	0.55	0.62	0.95	0.67	0.77	-0.74	0.83	0.93	0.79	0.52	-0.19	0.92	-0.85	-0.87	-0.59	0.53	0.84	0.86	0.52
Accounts Payable	0.63	0.76	0.55	0.75	0.56	0.48		-0.06	0.02	0.68	0.4	0.75	-0.54	0.72	0.64	0.43	0.66	-0.14	0.43	-0.68	-0.62	-0.36	0.66	0.73	0.68	0.66
Cash	0.49	0.28	0.54	0.38	0.53	0.55	-0.06		0.42	0.39	0.44	0.23	-0.54	0.31	0.51	0.6	0.11	0.24	0.66	-0.29	-0.29	-0.1	0.12	0.23	0.24	0.11
Net Receivables	0.59	0.33	0.62	0.03	0.61	0.62	0.02	0.42		0.45	0.65	0.33	-0.39	0.4	0.57	0.75	0.19	-0.05	0.66	-0.55	-0.56	-0.19	0.19	0.33	0.32	0.19
Short Term Investments	0.9	0.93	0.89	0.72	0.86	0.95	0.68	0.39	0.45		0.58	0.91	-0.76	0.93	0.91	0.7	0.66	-0.19	0.87	-0.91	-0.89	-0.63	0.67	0.89	0.89	0.66
Other Current Assets	0.75	0.52	0.74	0.25	0.75	0.67	0.4	0.44	0.65	0.58		0.53	-0.4	0.55	0.7	0.72	0.39	-0.36	0.53	-0.47	-0.49	-0.29	0.4	0.64	0.62	0.39
Total Liab	0.76	0.99	0.71	0.65	0.69	0.77	0.75	0.23	0.33	0.91	0.53		-0.53	0.99	0.75	0.49	0.77	-0.35	0.69	-0.82	-0.72	-0.6	0.78	0.84	0.8	0.77
Long Term Investments	-0.73	-0.6	-0.74	-0.72	-0.72	-0.74	-0.54	-0.54	-0.39	-0.76	-0.4	-0.53		-0.59	-0.81	-0.81	-0.28	-0.39	-0.85	0.8	0.82	0.31	-0.29	-0.53	-0.53	-0.28
Short Long Term Debt	0.81	0.99	0.76	0.67	0.74	0.83	0.72	0.31	0.4	0.93	0.55	0.99	-0.59		0.8	0.56	0.74	-0.3	0.76	-0.86	-0.77	-0.61	0.75	0.85	0.81	0.74
Total Current Assets	0.99	0.78	0.98	0.69	0.98	0.93	0.64	0.51	0.57	0.91	0.7	0.75	-0.81	0.8		0.89	0.49	-0.09	0.88	-0.89	-0.92	-0.59	0.5	0.88	0.87	0.49
Short Term Debt	0.86	0.54	0.87	0.51	0.88	0.79	0.43	0.6	0.75	0.7	0.72	0.49	-0.81	0.56	0.89		0.3	0.21	0.84	-0.75	-0.8	-0.34	0.3	0.6	0.6	0.29
Common Stock	0.54	0.75	0.49	0.72	0.47	0.52	0.66	0.11	0.19	0.66	0.39	0.77	-0.28	0.74	0.49	0.3		-0.29	0.46	-0.52	-0.43	-0.38	1.0	0.68	0.64	1.0
Property Plant Equipment	-0.2	-0.27	-0.17	0.13	-0.18	-0.19	-0.14	0.24	-0.05	-0.19	-0.36	-0.35	-0.39	-0.3	-0.09	0.21	-0.29		0.09	0.05	0.04	0.31	-0.3	-0.42	-0.42	-0.29
Other Current Liab	0.85	0.73	0.87	0.66	0.84	0.92	0.43	0.66	0.66	0.87	0.53	0.69	-0.85	0.76	0.88	0.84	0.46	0.09		-0.88	-0.87	-0.4	0.47	0.66	0.66	0.46
Non Current Assets Total	-0.85	-0.84	-0.83	-0.66	-0.82	-0.85	-0.68	-0.29	-0.55	-0.91	-0.47	-0.82	0.8	-0.86	-0.89	-0.75	-0.52	0.05	-0.88		0.97	0.53	-0.52	-0.77	-0.75	-0.52
Non Currrent Assets Other	-0.88	-0.75	-0.88	-0.63	-0.87	-0.87	-0.62	-0.29	-0.56	-0.89	-0.49	-0.72	0.82	-0.77	-0.92	-0.8	-0.43	0.04	-0.87	0.97		0.56	-0.44	-0.78	-0.79	-0.43
Other Assets	-0.62	-0.6	-0.6	-0.37	-0.6	-0.59	-0.36	-0.1	-0.19	-0.63	-0.29	-0.6	0.31	-0.61	-0.59	-0.34	-0.38	0.31	-0.4	0.53	0.56		-0.39	-0.72	-0.73	-0.38
Common Stock Shares Outstanding	0.55	0.76	0.5	0.72	0.48	0.53	0.66	0.12	0.19	0.67	0.4	0.78	-0.29	0.75	0.5	0.3	1.0	-0.3	0.47	-0.52	-0.44	-0.39		0.69	0.65	1.0
Net Invested Capital	0.92	0.85	0.88	0.67	0.89	0.84	0.73	0.23	0.33	0.89	0.64	0.84	-0.53	0.85	0.88	0.6	0.68	-0.42	0.66	-0.77	-0.78	-0.72	0.69		0.99	0.68
Net Working Capital	0.91	0.81	0.89	0.64	0.89	0.86	0.68	0.24	0.32	0.89	0.62	0.8	-0.53	0.81	0.87	0.6	0.64	-0.42	0.66	-0.75	-0.79	-0.73	0.65	0.99		0.64
Capital Stock	0.53	0.76	0.49	0.72	0.46	0.52	0.66	0.11	0.19	0.66	0.39	0.77	-0.28	0.74	0.49	0.29	1.0	-0.29	0.46	-0.52	-0.43	-0.38	1.0	0.68	0.64

Click cells to compare fundamentals

McChip Resources Account Relationship Matchups

McChip Resources fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.2M	9.6M	9.8M	10.3M	11.9M	7.4M
Total Current Liabilities	824.7K	1.0M	1.7M	2.1M	2.4M	2.5M
Total Stockholder Equity	7.4M	8.6M	8.0M	8.2M	9.5M	6.3M
Net Tangible Assets	5.5M	5.7M	7.4M	8.6M	9.9M	5.7M
Retained Earnings	1.2M	2.2M	1.6M	1.8M	2.1M	2.2M
Accounts Payable	199.3K	186.8K	213.2K	274.5K	315.7K	221.4K
Cash	452.6K	523.4K	915.1K	471.8K	542.6K	569.9K
Net Receivables	557.7K	567.6K	503.2K	512.0K	588.8K	470.0K
Short Term Investments	6.0M	7.3M	7.4M	8.4M	9.6M	10.1M
Other Current Assets	58.8K	45.0K	46.2K	72.9K	83.8K	53.8K
Total Liab	831.5K	1.0M	1.8M	2.1M	2.4M	2.5M
Long Term Investments	514.9K	667.4K	792.2K	942.0K	847.8K	1.1M
Short Long Term Debt	610.4K	823.2K	1.5M	1.8M	2.0M	2.1M
Total Current Assets	7.0M	8.3M	8.8M	9.4M	10.8M	5.6M
Non Current Assets Total	1.1M	1.3M	1.0M	988.0K	889.2K	1.0M
Other Assets	288.8K	115.5K	114.0K	113.9K	102.5K	129.2K
Net Invested Capital	8.0M	9.5M	9.5M	10.0M	11.5M	8.8M
Net Working Capital	6.2M	7.3M	7.1M	7.3M	8.4M	6.5M
Property Plant And Equipment Net	364.4K	390.2K	73.6K	46.0K	41.4K	39.3K
Net Debt	157.8K	299.7K	575.7K	1.3M	1.5M	1.6M

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.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC