Meta Materials Inc. (MMATQ) - Total Assets
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. Also see market value of Meta Materials Inc. for the company's overall valuation and market capitalisation.
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. Review how much debt does Meta Materials Inc. carry to assess the company's total debt and financial obligations.
| 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. See Meta Materials Inc. (MMATQ) stock price for real-time trading data and today's change.
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 |
|---|---|---|
|
Elite Material Co Ltd
TW:2383
|
Taiwan | NT$130.98 Billion |
|
Shennan Circuits Co Ltd Class A
SHE:002916
|
China | CN¥40.74 Billion |
|
Guangdong Dtech Technology Co. Ltd. A
SHE:301377
|
China | CN¥5.33 Billion |
|
Shenzhen Kinwong Electronic Co Ltd
SHG:603228
|
China | CN¥25.38 Billion |
|
Guangdong Hec Technology Holding Co Ltd Class A
SHG:600673
|
China | CN¥29.20 Billion |
|
Founder Technology Group Co Ltd
SHG:600601
|
China | CN¥8.88 Billion |
|
Zhejiang Crystal Optech Co Ltd
SHE:002273
|
China | CN¥13.97 Billion |
|
Jiangsu Lettall Electronic Co Ltd
SHG:603629
|
China | CN¥5.82 Billion |
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 | $669.00 USD |
Valuation Analysis
Below Book Valuation: The market values Meta Materials Inc.'s assets below their book value (0.00x), 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 | -- |
About 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