Mmtec (MTC) Debt to Equity (2018 - 2023)
Mmtec recorded quarterly Debt to Equity of $0.0 in Q4 2023, down 99.62% quarter-over-quarter from $1.06 in Q4 2022, and down 99.62% year-over-year from $1.06 in Q4 2022.
Mmtec's Debt to Equity history runs 6 years deep, the most recent figure standing at $0.0 for Q4 2023.
- In Q4 2023, Debt to Equity fell 99.62% year-over-year to $0.0; the TTM figure through Dec 2023 stood at $0.0 (down 99.62% YoY), while the FY2023 annual figure was $0.0, down 99.62% from the prior year.
- Debt to Equity came in at $0.0 for Q4 2023 at Mmtec, down from $1.06 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $1.06 in Q4 2022 to a low of $0.0 in Q2 2021.
- A 5-year average of $0.16 and a median of $0.01 in 2021 frame the typical range for Debt to Equity.
- Across the five-year window, Debt to Equity sank 99.64% in 2021 and soared 18901.65% in 2022, its largest moves.
- Mmtec's Debt to Equity stood at $0.0 in 2019, then surged by 1148.46% to $0.02 in 2020, then plunged by 64.65% to $0.01 in 2021, then soared by 18901.65% to $1.06 in 2022, then slumped by 99.62% to $0.0 in 2023.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.0, $1.06, and $0.01 for Q4 2023, Q4 2022, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 0.13 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.24 |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 0.42 |
| 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 | 0.44 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 0.07 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.63 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.30 |
| 10 | Mmtec | 336.91 Mn | 328.71 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.00 |
| Dec 31, 2022 | 1.06 |
| Dec 31, 2021 | 0.01 |
| Jun 30, 2021 | 0.00 |
| Dec 31, 2020 | 0.02 |
| Jun 30, 2020 | 0.01 |
| Dec 31, 2019 | 0.00 |
| Dec 31, 2018 | -0.54 |