Meta Materials Inc. Tangible Net Worth Ratio
Meta Materials Inc. tangible net worth ratio. Meta Materials Inc. (MMATQ) has a Tangible Net Worth Ratio of 7.6% as of March 2024. This metric is calculated by deducting intangible assets ($16.94 Million) from net assets ($18.34 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See MMATQ net asset quality index to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Meta Materials Inc. (2021–2023)
Tangible net worth ratio of Meta Materials Inc. from 2021 to 2023. This chart shows how Meta Materials Inc.'s Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of March 2024, the ratio stands at 7.6%, reflecting net assets of $18.34 Million with intangible assets of $16.94 Million USD. See Meta Materials Inc. (MMATQ) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Meta Materials Inc. Tangible Net Worth Ratio by Year (2021–2023)
Meta Materials Inc. tangible net worth ratio by year from 2021 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Meta Materials Inc. from 2021 to 2023, covering 3 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see MMATQ company net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 17.8% | $21.94 Million | $18.03 Million | $55.23 Million | ▼ -67.3 pp |
| 2022 | 85.1% | $378.56 Million | $56.31 Million | $408.92 Million | ▼ -6.2 pp |
| 2021 | 91.3% | $334.71 Million | $28.97 Million | $434.02 Million | — |