Maris Tech (MTEK) Debt Ratio (2020 - 2024)
Maris Tech's Debt Ratio history spans 5 years, with the latest figure at 0.01 for Q4 2024.
- On a quarterly basis, Debt Ratio fell 89.29% to 0.01 in Q4 2024 year-over-year; TTM through Dec 2024 was 0.01, a 89.29% decrease, with the full-year FY2024 number at 0.01, down 89.29% from a year prior.
- Debt Ratio hit 0.01 in Q4 2024 for Maris Tech, down from 0.03 in the prior quarter.
- Over the last five years, Debt Ratio for MTEK hit a ceiling of 2.14 in Q4 2020 and a floor of 0.01 in Q4 2024.
- Historically, Debt Ratio has averaged 0.41 across 5 years, with a median of 0.08 in 2022.
- Biggest five-year swings in Debt Ratio: tumbled 36.13% in 2023 and later tumbled 89.29% in 2024.
- Tracing MTEK's Debt Ratio over 5 years: stood at 2.14 in 2020, then crashed by 76.17% to 0.51 in 2021, then plummeted by 84.05% to 0.08 in 2022, then tumbled by 36.13% to 0.05 in 2023, then tumbled by 89.29% to 0.01 in 2024.
- Business Quant data shows Debt Ratio for MTEK at 0.01 in Q4 2024, 0.03 in Q2 2024, and 0.05 in Q4 2023.