Mmtec (MTC) Debt Ratio (2018 - 2023)

Mmtec's (MTC) quarterly Debt Ratio came in at 0.0 in Q4 2023, down 99.65% year-on-year from 0.87 in Q4 2022, and down 99.65% quarter-over-quarter from 0.87 in Q4 2022.

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

Mmtec has disclosed Debt Ratio across 6 years of filings, most recently posting 0.0 for Q4 2023.

  • Debt Ratio for Q4 2023 came in at 0.0, down 99.65% year-over-year; the trailing twelve-month figure through Dec 2023 was 0.0 (down 99.65% YoY), and the FY2023 annual result was 0.0, down 99.65% from the prior year.
  • Debt Ratio came in at 0.0 for Q4 2023 at Mmtec, down 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.
  • The 5-year median for Debt Ratio is 0.01 (2020), against an average of 0.12.
  • Across the five-year window, Debt Ratio plunged 99.92% in 2019 and jumped 9371.19% in 2022, its largest moves.
  • Mmtec's Debt Ratio stood at 0.0 in 2019, then surged by 1084.46% to 0.01 in 2020, then retreated by 19.75% to 0.01 in 2021, then surged by 9371.19% to 0.87 in 2022, then slumped by 99.65% to 0.0 in 2023.
  • The last three Debt Ratio figures came in at 0.0 (Q4 2023), 0.87 (Q4 2022), and 0.01 (Q4 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 0.08
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 0.00
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.18
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 0.37
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.24
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn -
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.06
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.06
10 Mmtec 149.71 Mn 141.51 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