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Metamaterial Exchangeco (XCNQ:MMAX) Equity-to-Asset : 0.01 (As of Mar. 2021)


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What is Metamaterial Exchangeco Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Metamaterial Exchangeco's Total Stockholders Equity for the quarter that ended in Mar. 2021 was C$0.28 Mil. Metamaterial Exchangeco's Total Assets for the quarter that ended in Mar. 2021 was C$29.97 Mil. Therefore, Metamaterial Exchangeco's Equity to Asset Ratio for the quarter that ended in Mar. 2021 was 0.01.

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

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

Metamaterial Exchangeco Equity-to-Asset Historical Data

The historical data trend for Metamaterial Exchangeco'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.

* Premium members only.

Metamaterial Exchangeco Equity-to-Asset Chart

Metamaterial Exchangeco Annual Data
Trend Dec19
Equity-to-Asset
-0.68

Metamaterial Exchangeco Quarterly Data
Feb19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Equity-to-Asset Get a 7-Day Free Trial 0.05 -0.11 -0.34 -0.87 0.01

Competitive Comparison of Metamaterial Exchangeco's Equity-to-Asset

For the Communication Equipment subindustry, Metamaterial Exchangeco'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.


Metamaterial Exchangeco's Equity-to-Asset Distribution in the Hardware Industry

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

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



Metamaterial Exchangeco 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.

Metamaterial Exchangeco's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=-8.166/11.948
=-0.68

Metamaterial Exchangeco's Equity to Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

Equity to Asset (Q: Mar. 2021 )=Total Stockholders Equity/Total Assets
=0.278/29.966
=0.01

* 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.


Metamaterial Exchangeco  (XCNQ:MMAX) 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%.


Metamaterial Exchangeco Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Metamaterial Exchangeco's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Metamaterial Exchangeco (XCNQ:MMAX) Business Description

Traded in Other Exchanges
N/A
Address
1 Research Drive, Dartmouth, NS, CAN, B2Y 4M9
Metamaterial Exchangeco Inc, formerly Metamaterial Inc is a smart materials and photonics company. Its product includes nanoweb, metaAIR, and Glucowise. the company is specialized in nanofabrication, design, and manufacturing of highly functional products that harness the power of light.

Metamaterial Exchangeco (XCNQ:MMAX) Headlines

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