Maris Tech (MTEKW) Debt Ratio (2020 - 2024)

Maris Tech (MTEKW) has disclosed Debt Ratio for 5 consecutive years, with 0.01 as the latest value for Q4 2024.

  • Quarterly Debt Ratio fell 89.29% to 0.01 in Q4 2024 from the year-ago period, while the trailing twelve-month figure was 0.01 through Dec 2024, down 89.29% year-over-year, with the annual reading at 0.01 for FY2024, 89.29% down from the prior year.
  • Debt Ratio hit 0.01 in Q4 2024 for Maris Tech, down from 0.05 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 2.14 in Q4 2020 to a low of 0.01 in Q4 2024.
  • Historically, Debt Ratio has averaged 0.56 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.
  • Year by year, Debt Ratio stood at 2.14 in 2020, then plummeted by 76.17% to 0.51 in 2021, then tumbled by 84.05% to 0.08 in 2022, then crashed by 36.13% to 0.05 in 2023, then crashed by 89.29% to 0.01 in 2024.
  • Business Quant data shows Debt Ratio for MTEKW at 0.01 in Q4 2024, 0.05 in Q4 2023, and 0.08 in Q4 2022.