MMATQ (Meta Materials) Equity-to-Asset: 0.40 (As of Mar. 2024)

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MMATQ Meta Materials Inc MMATQ
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What is Meta Materials Equity-to-Asset?

Meta Materials MMATQ 12 Equity-to-Asset is 0.40 as of Mar. 2024. GuruFocus rates MMATQ with a GF Score™ of 12/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Meta Materials's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $18.34 Mil. Meta Materials's Total Assets for the quarter that ended in Mar. 2024 was $46.36 Mil. Therefore, Meta Materials's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.40.

The historical rank and industry rank for Meta Materials's Equity-to-Asset or its related term are showing as below:

MMATQ's Equity-to-Asset is not ranked *
in the Hardware industry.
Industry Median: 0.57
* Ranked among companies with meaningful Equity-to-Asset only.

Meta Materials  (OTCPK:MMATQ) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Meta Materials Equity-to-Asset Related Terms


Meta Materials Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Meta Materials's Equity-to-Asset 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.

Meta Materials Equity-to-Asset Chart

Meta Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.00 -0.87 0.77 0.93 0.40

Meta Materials Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset 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 0.93 0.78 0.77 0.40 0.40

MMATQ vs APH, TEL, GLW: Equity-to-Asset Comparison

For the Electronic Components subindustry, Meta Materials's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Meta Materials Equity-to-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Meta Materials's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Meta Materials's Equity-to-Asset falls into.


MMATQ
12GF Score
Meta Materials Inc MMATQ
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Meta Materials Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Meta Materials's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=21.937/55.228
=0.40

Meta Materials's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=18.335/46.361
=0.40

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.40 mean?
Meta Materials (MMATQ) has a Equity-to-Asset of 0.40 as of Mar. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Meta Materials and its competitors.
Is Meta Materials' Equity-to-Asset too high?
Meta Materials' current Equity-to-Asset is 0.40. The Hardware industry median Equity-to-Asset is 0.57. Meta Materials' value of 0.40 is 29.8% below this industry median. Overall, Meta Materials has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Meta Materials' Equity-to-Asset compare to APH and TEL?
Meta Materials' Equity-to-Asset of 0.40 can be compared against companies in the Hardware industry. The industry median Equity-to-Asset is 0.57. Meta Materials' value of 0.40 is 29.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Hardware company?
The median Equity-to-Asset among Hardware companies is 0.57, based on 2,498 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meta Materials's current Equity-to-Asset of 0.40 is 29.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Meta Materials and its competitors. For the Hardware industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meta Materials's current Equity-to-Asset is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meta Materials stock overvalued right now?
Meta Materials (MMATQ) has a current Equity-to-Asset of 0.40. The current Equity-to-Asset is 0.40 and 29.8% below the Hardware industry median of 0.57. Meta Materials' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Meta Materials (MMATQ), the current Equity-to-Asset is 0.40 as of Mar. 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.

Meta Materials Business Description

Address 60 Highfield Park Drive, Dartmouth, NS, CAN, B3A 4R9
Meta Materials Inc delivers previously unachievable performance across a range of applications by inventing, designing, developing, and manufacturing sustainable, functional materials. Its extensive technology platform enables brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Its products include NANOWEB, which is a transparent conductive film; holoOPTIX; ARfusion; metaAIR; and glucoWISE.
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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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