MCCHF
Price:
$0.8
Market Cap:
$7.66M
McChip Resources Inc. is a Canadian entity primarily engaged in the natural resource sector. The firm's portfolio includes investments in petroleum assets across Western Canada, alongside both direct and indirect stakes in various mineral ventures. Furthermore, it possesses an ownership interest in the Saskatchewan Potash project, located within the province of Saskatchewan. Originally established in 1935 as Madsen Red Lake Gold Mines Limited, the company rebranded to McChip Resources Inc. in May of 1981. Its corporate headquarters are situated in Toronto, Canada.
Industry
Gold
IPO Date
2009-04-21
Stock Exchange
OTC
Ticker
MCCHF
According to McChip Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 70.47. This represents a change of 120.64% compared to the average of 31.94 of the last 4 quarters.
The mean historical Current Ratio of McChip Resources Inc. over the last ten years is 8.29. The current 70.47 Current Ratio has changed 84.93% with respect to the historical average. Over the past ten years (40 quarters), MCCHF's Current Ratio was at its highest in in the March 2026 quarter at 70.47. The Current Ratio was at its lowest in in the June 2016 quarter at 2.78.
Average
8.29
Median
6.28
Minimum
3.02
Maximum
28.44
Discovering the peaks and valleys of McChip Resources Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 399.37%
Maximum Annual Current Ratio = 28.44
Minimum Annual Increase = -38.13%
Minimum Annual Current Ratio = 3.02
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 28.44 | 399.37% |
| 2024 | 5.70 | 26.60% |
| 2023 | 4.50 | -11.42% |
| 2022 | 5.08 | -38.13% |
| 2021 | 8.21 | -3.86% |
| 2020 | 8.54 | 87.45% |
| 2019 | 4.55 | -33.65% |
| 2018 | 6.86 | -13.96% |
| 2017 | 7.98 | 164.39% |
| 2016 | 3.02 | 51.33% |
The current Current Ratio of McChip Resources Inc. (MCCHF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
12.88
5-year avg
10.38
10-year avg
8.29
McChip Resources Inc.’s Current Ratio is greater than Metalore Resources Limited (50.15), greater than PetroFrontier Corp. (0.69), greater than Bengal Energy Ltd. (1.58), greater than Altura Energy Corp. (0.11), greater than Harvest Oil & Gas Corp. (25.02), greater than CBM Asia Development Corp. (3.25), greater than Royale Energy, Inc. (0.39), greater than TomCo Energy Plc (0.30), greater than Altex Industries, Inc. (1.96), greater than Gordon Creek Energy Inc. (0.01),
| Company | Current Ratio | Market cap |
|---|---|---|
| 50.15 | $2.96M | |
| 0.69 | $958.11K | |
| 1.58 | $8.44M | |
| 0.11 | $4.99M | |
| 25.02 | $3.12M | |
| 3.25 | $1.74K | |
| 0.39 | $7.73M | |
| 0.30 | $1.18M | |
| 1.96 | $2.58M | |
| 0.01 | $2.12K |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like McChip Resources Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like McChip Resources Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is McChip Resources Inc.'s Current Ratio?
How is the Current Ratio calculated for McChip Resources Inc. (MCCHF)?
What is the highest Current Ratio for McChip Resources Inc. (MCCHF)?
What is the 3-year average Current Ratio for McChip Resources Inc. (MCCHF)?
What is the 5-year average Current Ratio for McChip Resources Inc. (MCCHF)?
How does the current Current Ratio for McChip Resources Inc. (MCCHF) compare to its historical average?