Meta Materials Inc.
Meta Materials Inc. operates as an advanced materials and nanotechnology company in the United States, Canada, and internationally. The company offers NANOWEB, a transparent conductive film that is an alternative to indium tin oxide (ITO), silver nanowire (AgNW), graphene, and carbon nanotube technologies; holoOPTIX, a holographic optical component; and ARfusion, a technology combining precision … Read more
Meta Materials Inc. (MMATQ) - Total Assets
Latest total assets as of March 2024: $46.36 Million USD
Based on the latest financial reports, Meta Materials Inc. (MMATQ) holds total assets worth $46.36 Million USD as of March 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Meta Materials Inc. - Total Assets Trend (2020–2023)
This chart illustrates how Meta Materials Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Meta Materials Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
Meta Materials Inc.'s total assets of $46.36 Million consist of 31.5% current assets and 68.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.6% |
| Accounts Receivable | $5.12 Million | 9.3% |
| Inventory | $168.75K | 0.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $18.03 Million | 32.7% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how Meta Materials Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Meta Materials Inc.'s current assets represent 31.5% of total assets in 2023, an increase from 26.6% in 2020.
- Cash Position: Cash and equivalents constituted 17.6% of total assets in 2023, up from 13.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 32.0% of total assets, a decrease from 43.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 32.7% of total assets.
Meta Materials Inc. Competitors by Total Assets
Key competitors of Meta Materials Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Inventronics Hangzhou Inc
SHE:300582
|
China | CN¥3.44 Billion |
|
WIZIT Co. Ltd
KQ:036090
|
Korea | ₩612.39 Billion |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
Shenzhen Huakong Seg Co Ltd
SHE:000068
|
China | CN¥4.02 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
Meta Materials Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Meta Materials Inc. generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Meta Materials Inc. is currently not profitable relative to its asset base.
Meta Materials Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.58 | 0.87 | 0.22 |
| Quick Ratio | 0.57 | 0.85 | 0.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-7.86 Million | $ -2.47 Million | $ -9.67 Million |
Meta Materials Inc. - Advanced Valuation Insights
This section examines the relationship between Meta Materials Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -86.5% |
| Total Assets | $55.23 Million |
| Market Capitalization | $667.37 USD |
Valuation Analysis
Below Book Valuation: The market values Meta Materials Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Meta Materials Inc.'s assets decreased by 86.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Meta Materials Inc. (2020–2023)
The table below shows the annual total assets of Meta Materials Inc. from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $55.23 Million | -86.49% |
| 2022-12-31 | $408.92 Million | -5.78% |
| 2021-12-31 | $434.02 Million | +4141.70% |
| 2020-12-31 | $10.23 Million | -- |