Meta Materials Inc. (MMATQ) — Financial Flexibility Index

Latest as of March 2024: -0.21x

Meta Materials Inc. (MMATQ) has a Financial Flexibility Index of -0.21x as of March 2024. Free cash flow of $-5.81 Million (operating CF $-5.92 Million minus capex $116.00K) represents 0% of total liabilities ($28.03 Million). Check how tangible is Meta Materials Inc.'s equity to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-0.21x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-5.81 Million
Operating CF − Capex

Total Liabilities

$28.03 Million
USD

Capital Expenditures

$116.00K
USD

Meta Materials Inc. Financial Flexibility Index (2020–2023)

Historical Financial Flexibility Index trend for Meta Materials Inc. across 4 annual periods. For the full cash flow conversion analysis, see how efficiently does Meta Materials Inc. generate cash.

Annual Financial Flexibility Index for Meta Materials Inc. (2020–2023)

Year-by-year free cash flow to debt coverage for Meta Materials Inc.. Explore MMATQ operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2023 -1.02x $-33.85 Million $-42.22 Million $33.29 Million ▲ +27.7%
2022 -1.41x $-42.66 Million $-62.24 Million $30.35 Million ▼ -535.1%
2021 -0.22x $-21.98 Million $-34.76 Million $99.32 Million ▲ +41.8%
2020 -0.38x $-7.27 Million $-7.93 Million $19.13 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities