MMATQ (Meta Materials) Long-Term Debt: $2.96 Mil (As of Mar. 2024)


MMATQ Meta Materials Inc MMATQ
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What is Meta Materials Long-Term Debt?

Meta Materials MMATQ -99.00% 12 Long-Term Debt is $2.96 Mil as of Mar. 2024. GuruFocus rates MMATQ with a GF Score™ of 12/100.

Meta Materials's Long-Term Debt for the quarter that ended in Mar. 2024 was $2.96 Mil.

Meta Materials's quarterly Long-Term Debt declined from Sep. 2023 ($2.95 Mil) to Dec. 2023 ($2.92 Mil) but then increased from Dec. 2023 ($2.92 Mil) to Mar. 2024 ($2.96 Mil).

Meta Materials's annual Long-Term Debt increased from Dec. 2021 ($2.74 Mil) to Dec. 2022 ($3.07 Mil) but then declined from Dec. 2022 ($3.07 Mil) to Dec. 2023 ($2.92 Mil).

Meta Materials  (OTCPK:MMATQ) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Meta Materials Long-Term Debt Related Terms

Meta Materials Long-Term Debt Historical Data

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The historical data trend for Meta Materials's Long-Term Debt 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 Long-Term Debt Chart

Meta Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Debt
0.00 4.57 2.74 3.07 2.92

Meta Materials Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Debt 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 3.13 3.18 2.95 2.92 2.96
MMATQ
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Meta Materials Inc MMATQ
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $2.96 Mil mean?
Meta Materials (MMATQ) has a Long-Term Debt of $2.96 Mil as of Mar. 2024.
Is Meta Materials' Long-Term Debt too high?
Meta Materials' current Long-Term Debt is $2.96 Mil. Overall, Meta Materials has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Meta Materials' Long-Term Debt compare to APH and TEL?
Meta Materials' Long-Term Debt of $2.96 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for a Hardware company?
A good Long-Term Debt depends on the Hardware industry context. However, Long-Term Debt 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 Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Meta Materials's current Long-Term Debt is $2.96 Mil. 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 Long-Term Debt of $2.96 Mil. The current Long-Term Debt is $2.96 Mil. 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 Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Meta Materials (MMATQ), the current Long-Term Debt is $2.96 Mil 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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