Meta Materials (FRA:V00) Total Current Assets : €9.86 Mil (As of Mar. 2024)

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What is Meta Materials Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Meta Materials's total current assets for the quarter that ended in Mar. 2024 was €9.86 Mil.

Meta Materials Total Current Assets Historical Data

The historical data trend for Meta Materials's Total Current Assets 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.

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Meta Materials Total Current Assets Chart

Meta Materials Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

2.24

116.27

21.34

15.95

Meta Materials Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial												15.39	18.31	14.98	15.95	9.86

Meta Materials Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Meta Materials's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	8.917	+	4.69	+	0.155	+	2.19
	=	15.95

Meta Materials's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.884	+	1.955	+	0.114	+	1.909
	=	9.86

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Meta Materials (FRA:V00) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Meta Materials's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.884	-	25.784	+	0.75 * 1.884	+	0.5 * 0.114
=	-18.43

Meta Materials Total Current Assets Related Terms

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Meta Materials (FRA:V00) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Meta Materials Inc (FRA:V00) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

MMAT:USA

Address

60 Highfield Park Drive, Dartmouth, NS, CAN, B3A 4R9

Website

https://www.metamaterial.com

Meta Materials Inc delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Its extensive technology platform enables global 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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