Meta Materials Financials

MMAT Stock  USD 0.06  0.12  66.11%   
Based on the key indicators related to Meta Materials' liquidity, profitability, solvency, and operating efficiency, Meta Materials is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Meta Materials' Good Will is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 1.9 M in 2024, whereas Cash is likely to drop slightly above 5.6 M in 2024. Key indicators impacting Meta Materials' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.540.7376
Way Down
Pretty Stable
The financial analysis of Meta Materials is a critical element in measuring its lifeblood. Investors should not minimize Meta Materials' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(378.32 Million)

  
Understanding current and past Meta Materials Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Meta Materials' financial statements are interrelated, with each one affecting the others. For example, an increase in Meta Materials' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Meta Materials' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Meta Materials. Check Meta Materials' Beneish M Score to see the likelihood of Meta Materials' management manipulating its earnings.

Meta Materials Stock Summary

Meta Materials competes with Cps Technologies, Kopin, Wallbox NV, Corning Incorporated, and KULR Technology. Meta Materials Inc. invents, designs, develops, and manufactures various functional materials and nanocomposites. Meta Materials Inc. was incorporated in 2007 and is headquartered in Dartmouth, Canada. Meta Materials operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. It employs 130 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS59134N1046
Business Address60 Highfield Park
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.metamaterial.com
Phone902 482 5729
CurrencyUSD - US Dollar

Meta Materials Key Financial Ratios

Meta Materials Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets40.9M10.2M434.0M408.9M59.2M81.1M
Net Debt22.8M10.5M(39.0M)(2.2M)1.8M2.2M
Retained Earnings(99.2M)(37.4M)(128.4M)(207.5M)(609.0M)(578.6M)
Cash89.7K1.4M46.6M10.1M10.3M5.6M
Total Current Assets735.7K2.7M131.4M22.6M17.4M13.9M
Other Current Liab1.5M1.0M75.5M799.5K9.0M7.5M
Accounts Payable1.4M2.9M13.3M16.7M10.3M10.8M
Other Current Assets96.0K134.5K3.5M365.6K1.8M1.9M
Total Liab25.9M19.1M99.3M30.4M36.8M22.2M
Common Stock76.2K132.3K262.8K340.4K543.0K570.2K
Net Receivables550.0K503.0K1.9M7.1M5.1M5.4M
Other Liab5.1M4.1M1.6M964.5K868.1K824.7K
Net Tangible Assets(27.7M)(17.2M)65.4M40.5M46.6M48.9M
Long Term Debt11.9M4.6M2.7M3.1M2.9M5.7M
Inventory338.3K463.4K265.7K468.0K168.7K282.6K

Meta Materials Key Income Statement Accounts

The reason investors look at the income statement is to determine what Meta Materials' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense1.1M1.4M1.1M403.3K427.8K406.4K
Total Revenue902.4K1.1M4.1M10.2M7.8M8.2M
Gross Profit893.2K1.1M3.4M7.2M(24.0M)(22.8M)
Operating Income(7.2M)(9.1M)(38.1M)(86.7M)(24.0M)(25.2M)
Ebit(7.2M)(10.8M)(46.7M)(83.3M)(415.4M)(394.7M)
Ebitda(4.7M)(8.4M)(46.5M)(72.4M)(401.9M)(381.8M)
Cost Of Revenue9.2K3.3K676.0K3.0M31.9M33.5M
Income Before Tax(8.5M)(11.8M)(91.8M)(84.9M)(401.6M)(381.5M)
Net Income(8.4M)(11.6M)(91.0M)(79.1M)(398.2M)(378.3M)
Income Tax Expense(83.5K)(193.7K)(852.1K)(5.8M)(3.3M)(3.2M)

Meta Materials Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(216.5K)988.6K46.0M(35.6M)(1.5M)(1.4M)
Free Cash Flow(5.6M)(8.6M)(47.6M)(81.8M)(50.6M)(48.1M)
Other Non Cash Items(265.3K)920.8K47.4M588.2K371.5M390.1M
Capital Expenditures1.2M659.1K12.8M19.6M8.4M8.1M
End Period Cash Flow407.1K1.4M47.4M11.8M10.3M6.2M
Depreciation2.4M2.3M3.5M9.3M13.5M14.2M
Net Income(8.4M)(11.6M)(91.0M)(79.1M)(398.2M)(378.3M)
Change To Inventory(17.5K)(110.0K)325.7K(319.1K)(372.6K)(391.2K)
Net Borrowings6.0M7.4M14.0M(552.6K)(635.5K)(603.7K)
Change To Netincome1.2M7.6M42.8M9.9M11.4M11.1M

Meta Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Meta Materials's current stock value. Our valuation model uses many indicators to compare Meta Materials value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Meta Materials competition to find correlations between indicators driving Meta Materials's intrinsic value. More Info.
Meta Materials is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Meta Materials' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Meta Materials by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Meta Materials Systematic Risk

Meta Materials' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Meta Materials volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Meta Materials correlated with the market. If Beta is less than 0 Meta Materials generally moves in the opposite direction as compared to the market. If Meta Materials Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Meta Materials is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Meta Materials is generally in the same direction as the market. If Beta > 1 Meta Materials moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Meta Materials Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Meta Materials' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Meta Materials growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(4.86E-4)

At this time, Meta Materials' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Meta Materials November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Meta Materials help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Meta Materials. We use our internally-developed statistical techniques to arrive at the intrinsic value of Meta Materials based on widely used predictive technical indicators. In general, we focus on analyzing Meta Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Meta Materials's daily price indicators and compare them against related drivers.

Additional Tools for Meta Stock Analysis

When running Meta Materials' price analysis, check to measure Meta Materials' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meta Materials is operating at the current time. Most of Meta Materials' value examination focuses on studying past and present price action to predict the probability of Meta Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meta Materials' price. Additionally, you may evaluate how the addition of Meta Materials to your portfolios can decrease your overall portfolio volatility.