Mmtec (MTC) Debt Ratio (2018 - 2023)
Mmtec recorded quarterly Debt Ratio of 0.0 in Q4 2023, down 99.65% quarter-over-quarter from 0.87 in Q4 2022, and down 99.65% year-over-year from 0.87 in Q4 2022.
Mmtec's Debt Ratio history runs 6 years deep, the most recent figure standing at 0.0 for Q4 2023.
- In Q4 2023, Debt Ratio fell 99.65% year-over-year to 0.0; the TTM figure through Dec 2021 stood at 0.01 (down 19.75% YoY), while the FY2023 annual figure 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.
- 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 tumbled 99.92% in 2019 and surged 9371.19% in 2022, its largest moves.
- Mmtec's Debt Ratio stood at 0.0 in 2019, then soared 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 sank by 99.65% to 0.0 in 2023.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.0, 0.87, and 0.01 for Q4 2023, Q4 2022, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 0.08 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.13 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 0.18 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 0.24 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 0.03 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.06 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.16 |
| 10 | Mmtec | 336.91 Mn | 328.71 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 |