MMMW (Mass Megawatts Wind Power) Debt-to-Equity: -0.26 (As of Jan. 2024)

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MMMW Mass Megawatts Wind Power Inc MMMW
32 GF Score
Price $0.08
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What is Mass Megawatts Wind Power Debt-to-Equity?

Mass Megawatts Wind Power MMMW 32 Debt-to-Equity is -0.26 as of Jan. 2024. GuruFocus rates MMMW with a GF Score™ of 32/100.

Mass Megawatts Wind Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.11 Mil. Mass Megawatts Wind Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Mass Megawatts Wind Power's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-0.41 Mil. Mass Megawatts Wind Power's debt to equity for the quarter that ended in Jan. 2024 was -0.26.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Mass Megawatts Wind Power's Debt-to-Equity or its related term are showing as below:

MMMW's Debt-to-Equity is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 0.85
* Ranked among companies with meaningful Debt-to-Equity only.

Mass Megawatts Wind Power  (OTCPK:MMMW) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Mass Megawatts Wind Power Debt-to-Equity Related Terms


Mass Megawatts Wind Power Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Mass Megawatts Wind Power's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mass Megawatts Wind Power Debt-to-Equity Chart

Mass Megawatts Wind Power Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr21 Apr22 Apr23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Mass Megawatts Wind Power Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -0.05 -0.15 -0.26

MMMW vs ALCE, ETRXF, GEV: Debt-to-Equity Comparison

For the Utilities - Renewable subindustry, Mass Megawatts Wind Power's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mass Megawatts Wind Power Debt-to-Equity vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mass Megawatts Wind Power's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mass Megawatts Wind Power's Debt-to-Equity falls into.


MMMW
32GF Score
Mass Megawatts Wind Power Inc MMMW
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Mass Megawatts Wind Power Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mass Megawatts Wind Power's Debt to Equity Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Mass Megawatts Wind Power's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.26 mean?
Mass Megawatts Wind Power (MMMW) has a Debt-to-Equity of -0.26 as of Jan. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mass Megawatts Wind Power and its competitors.
Is Mass Megawatts Wind Power's Debt-to-Equity too high?
Mass Megawatts Wind Power's current Debt-to-Equity is -0.26. Overall, Mass Megawatts Wind Power has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Mass Megawatts Wind Power's Debt-to-Equity compare to ALCE and ETRXF?
Mass Megawatts Wind Power's Debt-to-Equity of -0.26 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Debt-to-Equity is 0.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.85, based on 395 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mass Megawatts Wind Power and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mass Megawatts Wind Power's current Debt-to-Equity is -0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mass Megawatts Wind Power stock overvalued right now?
Mass Megawatts Wind Power (MMMW) has a current Debt-to-Equity of -0.26. The current Debt-to-Equity is -0.26. Mass Megawatts Wind Power's overall GF Score™ is 32/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Mass Megawatts Wind Power (MMMW), the current Debt-to-Equity is -0.26 as of Jan. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mass Megawatts Wind Power Business Description

Address 119 Boston Turnpike, No. 290, Shrewsbury, MA, USA, 01545
Mass Megawatts Wind Power Inc is engaged in the development of renewable power technology. It develops solar trackers and wind energy equipment for low-cost clean energy generation. The company's patent pending, Mass Megawatts Solar Tracking System (STS) is a complete solar power system that is designed to continually adjust the position of solar panels to receive the optimal level of direct sunlight throughout the day. In addition, it also seeks to build and operate wind-energy-generated power plants utilizing proprietary MultiAxis Turbine technology.
32GF Score

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