Mmtec (MTC) Debt Ratio (2018 - 2023)
Mmtec (MTC) reported Debt Ratio of 0.0 for Q4 2023, down 99.65% on a YoY basis from 0.87 in Q4 2022, and down 99.65% sequentially from 0.87 in Q4 2022.
Mmtec (MTC) Debt Ratio (2018 - 2023) Analysis & Trends
Mmtec (MTC) has 6 years of Debt Ratio data on file, last reported at 0.0 in Q4 2023.
- For the quarter ending Q4 2023, Debt Ratio fell 99.65% year-over-year to 0.0; the trailing twelve-month figure through Dec 2023 stood at 0.0 (down 99.65% YoY), and the FY2023 full-year result was 0.0, down 99.65% from the prior year.
- Debt Ratio eased to 0.0 in Q4 2023, 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 slumped 99.92% in 2019 and jumped 9371.19% in 2022, its largest moves.
- Tracing MTC's Debt Ratio over 5 years: stood at 0.0 in 2019, then jumped by 1084.46% to 0.01 in 2020, then fell by 19.75% to 0.01 in 2021, then jumped by 9371.19% to 0.87 in 2022, then tumbled by 99.65% to 0.0 in 2023.
- Business Quant data shows MTC's Debt Ratio at 0.0 in Q4 2023, 0.87 in Q4 2022, and 0.01 in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 0.08 |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 0.00 |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | - |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 0.18 |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 0.37 |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 0.24 |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 0.06 |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | - |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 0.24 |
| 10 | Mmtec | 73.43 Mn | 65.24 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 |