Mmtec (MTC) Debt Ratio (2018 - 2023)

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

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

Mmtec (MTC) has 6 years of Debt Ratio data on file, last reported at 0.0 in Q4 2023.

  • For the quarter ending Q4 2023, Debt Ratio fell 99.65% year-over-year to 0.0; the trailing twelve-month figure through Dec 2023 stood at 0.0 (down 99.65% YoY), and the FY2023 full-year result was 0.0, down 99.65% from the prior year.
  • Debt Ratio eased to 0.0 in Q4 2023, from 0.87 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.87 in Q4 2022 to a low of 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.
  • Across the five-year window, Debt Ratio slumped 99.92% in 2019 and jumped 9371.19% in 2022, its largest moves.
  • Tracing MTC's Debt Ratio over 5 years: stood at 0.0 in 2019, then jumped by 1084.46% to 0.01 in 2020, then fell by 19.75% to 0.01 in 2021, then jumped by 9371.19% to 0.87 in 2022, then tumbled by 99.65% to 0.0 in 2023.
  • Business Quant data shows MTC's Debt Ratio at 0.0 in Q4 2023, 0.87 in Q4 2022, and 0.01 in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 0.08
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 0.00
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 0.18
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 0.37
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 0.24
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 0.06
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 0.24
10 Mmtec 73.43 Mn 65.24 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 0.00
Dec 31, 2022 0.87
Dec 31, 2021 0.01
Jun 30, 2021 0.00
Dec 31, 2020 0.01
Jun 30, 2020 0.01
Dec 31, 2019 0.00
Jun 30, 2019 0.01
Dec 31, 2018 1.24