Mmtec (MTC) Debt Ratio (2018 - 2023)
Mmtec's (MTC) quarterly Debt Ratio came in at 0.0 in Q4 2023, up 3269.14% quarter-over-quarter from 0.0 in Q2 2021.
Analysis
Mmtec (MTC) Debt Ratio (2018 - 2023) Analysis & Trends
Mmtec has disclosed Debt Ratio across 5 years of filings, most recently posting 0.0 for Q4 2023.
- In Q4 2023, Debt Ratio changed N/A year-over-year to 0.0; the TTM figure through Dec 2023 stood at 0.0 (changed N/A YoY), while the FY2023 annual figure was 0.0, changed N/A from the prior year.
- Debt Ratio came in at 0.0 for Q4 2023 at Mmtec, up from 0.0 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.01 in Q2 2019 to a low of 0.0 in Q2 2021.
- Average Debt Ratio over 4 years is 0.01, with a median of 0.01 recorded in 2020.
- Year-over-year, Debt Ratio slipped 16.29% in 2020 and tumbled 99.55% in 2021.
- Over 4 years, Debt Ratio stood at 0.01 in 2019, then decreased by 5.52% to 0.01 in 2020, then sank by 99.6% to 0.0 in 2021, then jumped by 3269.14% to 0.0 in 2023.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.0 in Q4 2023, 0.0 in Q2 2021, and 0.01 in Q4 2020.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn | 0.02 |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn | 0.08 |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - | 0.71 |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn | 0.01 |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn | 0.44 |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn | 0.46 |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn | 0.49 |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 0.08 |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn | 0.03 |
| 10 | Mmtec | 233.53 Mn | 227.02 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 0.00 |
| Jun 30, 2021 | 0.00 |
| Dec 31, 2020 | 0.01 |
| Jun 30, 2020 | 0.01 |
| Jun 30, 2019 | 0.01 |
| Dec 31, 2018 | 1.24 |