Meta Materials Inc. (MMATQ) — Net Asset Quality Index
Meta Materials Inc. (MMATQ) has a Net Asset Quality Index of 39.5% as of March 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $46.36 Million minus total liabilities of $28.03 Million yields net assets of $18.34 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Meta Materials Inc. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Meta Materials Inc. Net Asset Quality Index Over Time (2020–2023)
This chart shows how Meta Materials Inc.'s Net Asset Quality Index has evolved across 4 annual periods from 2020 to 2023. As of March 2024, the index stands at 39.5%, representing net assets of $18.34 Million against total assets of $46.36 Million USD. See working capital position of Meta Materials Inc. to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Meta Materials Inc. (2020–2023)
The table below presents the year-by-year Net Asset Quality Index for Meta Materials Inc. from 2020 to 2023, covering 4 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Meta Materials Inc. (MMATQ) market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 39.7% | $21.94 Million | $55.23 Million | $33.29 Million | ▼ -52.9 pp |
| 2022 | 92.6% | $378.56 Million | $408.92 Million | $30.35 Million | ▲ +15.5 pp |
| 2021 | 77.1% | $334.71 Million | $434.02 Million | $99.32 Million | ▲ +164.1 pp |
| 2020 | -87.0% | $-8.90 Million | $10.23 Million | $19.13 Million | — |