MMATQ (Meta Materials) Total Liabilities: $28.03 Mil (As of Mar. 2024)


MMATQ Meta Materials Inc MMATQ
12 GF Score
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What is Meta Materials Total Liabilities?

Meta Materials MMATQ -99.00% 12 Total Liabilities is $28.03 Mil as of Mar. 2024. GuruFocus rates MMATQ with a GF Score™ of 12/100.

Meta Materials's Total Liabilities for the quarter that ended in Mar. 2024 was $28.03 Mil.

Meta Materials's quarterly Total Liabilities increased from Sep. 2023 ($28.42 Mil) to Dec. 2023 ($33.29 Mil) but then declined from Dec. 2023 ($33.29 Mil) to Mar. 2024 ($28.03 Mil).

Meta Materials's annual Total Liabilities declined from Dec. 2021 ($99.32 Mil) to Dec. 2022 ($30.35 Mil) but then increased from Dec. 2022 ($30.35 Mil) to Dec. 2023 ($33.29 Mil).

Meta Materials Total Liabilities Historical Data

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The historical data trend for Meta Materials's Total Liabilities 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 Total Liabilities Chart

Meta Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Liabilities
0.00 19.13 99.32 30.35 33.29

Meta Materials Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Liabilities 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 29.40 28.61 28.42 33.29 28.03
MMATQ
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Meta Materials Inc MMATQ
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Meta Materials Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=23.585+(8.897+4.4408920985006E-16
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0.81+0+0)
=33.29

Total Liabilities=Total Assets (A: Dec. 2023 )-Total Equity (A: Dec. 2023 )
=55.228-21.937
=33.29

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=18.581+(8.631+1.1102230246252E-16
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0.814+0+0)
=28.03

Total Liabilities=Total Assets (Q: Mar. 2024 )-Total Equity (Q: Mar. 2024 )
=46.361-18.335
=28.03

* 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 Total Liabilities →
What does a Total Liabilities of $28.03 Mil mean?
Meta Materials (MMATQ) has a Total Liabilities of $28.03 Mil as of Mar. 2024. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Meta Materials and its competitors.
Is Meta Materials' Total Liabilities too high?
Meta Materials' current Total Liabilities is $28.03 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' Total Liabilities compare to APH and TEL?
Meta Materials' Total Liabilities of $28.03 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 Total Liabilities for a Hardware company?
A good Total Liabilities depends on the Hardware industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Meta Materials and its competitors. Meta Materials's current Total Liabilities is $28.03 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 Total Liabilities of $28.03 Mil. The current Total Liabilities is $28.03 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 Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Meta Materials (MMATQ), the current Total Liabilities is $28.03 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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