Mmtec (MTC) Debt Ratio (2018 - 2023)

Mmtec (MTC) posted Debt Ratio of 0.0 for Q4 2023, down 99.65% sequentially from 0.87 in Q4 2022, and down 99.65% YoY from 0.87 in Q4 2022.

Mmtec (MTC) Debt Ratio (2018 - 2023) Analysis & Trends

Mmtec has reported Debt Ratio for 6 years, with the latest figure at 0.0 in Q4 2023.

Quarterly Debt Ratio fell 99.65% year-over-year to 0.0 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 0.0 (down 99.65% YoY) and the FY2023 annual result came in at 0.0, down 99.65% from the prior year.
Debt Ratio eased to 0.0 in Q4 2023 per MTC's latest filing, from 0.87 in the prior quarter.
Over five years, Debt Ratio peaked at 0.87 in Q4 2022 and troughed at 0.0 in Q2 2021.
A 5-year average of 0.12 and a median of 0.01 in 2020 frame the typical range for Debt Ratio.
The sharpest annual moves came in 2019 and 2022: Debt Ratio plunged 99.92% in 2019, then soared 9371.19% in 2022.
Over 5 years, Debt Ratio stood at 0.0 in 2019, then jumped by 1084.46% to 0.01 in 2020, then slipped by 19.75% to 0.01 in 2021, then jumped by 9371.19% to 0.87 in 2022, then slumped by 99.65% to 0.0 in 2023.
According to Business Quant data, Debt Ratio over the past three periods registered 0.0, 0.87, and 0.01 for Q4 2023, Q4 2022, and Q4 2021 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	0.11
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	-
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	0.37
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	0.22
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	0.24
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	-
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	0.08
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	0.22
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	0.18
10	Mmtec	286.81 Mn	280.30 Mn	-	-

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