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| Date | Value |
|---|---|
| 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 |