MMTec (MTC) Debt Ratio (2018 - 2023)
Historic Debt Ratio for MMTec (MTC) over the last 6 years, with Q4 2023 value amounting to 0.0.
- MMTec's Debt Ratio fell 9964.78% to 0.0 in Q4 2023 from the same period last year, while for Dec 2023 it was 0.0, marking a year-over-year decrease of 9964.78%. This contributed to the annual value of 0.0 for FY2023, which is 9964.78% down from last year.
- According to the latest figures from Q4 2023, MMTec's Debt Ratio is 0.0, which was down 9964.78% from 0.87 recorded in Q4 2022.
- Over the past 5 years, MMTec's Debt Ratio peaked at 0.87 during Q4 2022, and registered a low of 0.0 during Q2 2021.
- Its 5-year average for Debt Ratio is 0.12, with a median of 0.01 in 2020.
- Per our database at Business Quant, MMTec's Debt Ratio tumbled by 9992.14% in 2019 and then skyrocketed by 937118.9% in 2022.
- Quarter analysis of 5 years shows MMTec's Debt Ratio stood at 0.0 in 2019, then skyrocketed by 1084.46% to 0.01 in 2020, then decreased by 19.75% to 0.01 in 2021, then soared by 9371.19% to 0.87 in 2022, then plummeted by 99.65% to 0.0 in 2023.
- Its last three reported values are 0.0 in Q4 2023, 0.87 for Q4 2022, and 0.01 during Q4 2021.