MMTEC Historical Balance Sheet
MTC Stock | USD 0.23 0.01 4.17% |
Trend analysis of MMTEC Inc balance sheet accounts such as Total Stockholder Equity of 128.5 M provides information on MMTEC's total assets, liabilities, and equity, which is the actual value of MMTEC Inc to its prevalent stockholders. By breaking down trends over time using MMTEC balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining MMTEC Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MMTEC Inc is a good buy for the upcoming year.
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About MMTEC Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of MMTEC Inc at a specified time, usually calculated after every quarter, six months, or one year. MMTEC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of MMTEC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MMTEC currently owns. An asset can also be divided into two categories, current and non-current.
MMTEC Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of MMTEC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MMTEC Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on MMTEC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of MMTEC Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Most accounts from MMTEC's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into MMTEC Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MMTEC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At present, MMTEC's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 2.1 M, whereas Property Plant And Equipment Net is forecasted to decline to about 649.1 K.
2021 | 2022 | 2023 | 2024 (projected) | Non Current Assets Total | 739.1K | 2.4M | 154.0M | 161.7M | Cash | 11.2M | 3.8M | 1.8M | 3.2M |
MMTEC balance sheet Correlations
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MMTEC balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.2M | 3.7M | 14.6M | 11.4M | 157.0M | 164.8M | |
Other Current Liab | 402.9K | 227.7K | (64.0K) | 362.7K | 1.4M | 1.4M | |
Total Current Liabilities | 805.5K | 658.0K | 1.1M | 1.2M | 2.0M | 2.1M | |
Total Stockholder Equity | 4.8M | 2.7M | 13.4M | 9.4M | 122.4M | 128.5M | |
Net Tangible Assets | (444.3K) | 4.8M | 2.7M | 13.4M | 15.4M | 16.1M | |
Property Plant And Equipment Net | 1.1M | 765.5K | 709.6K | 1.2M | 774.5K | 649.1K | |
Net Debt | (2.7M) | (639.1K) | (10.7M) | (2.8M) | 31.4M | 33.0M | |
Retained Earnings | (6.4M) | (9.6M) | (16.6M) | (22.3M) | 26.7M | 28.0M | |
Cash | 3.6M | 1.4M | 11.2M | 3.8M | 1.8M | 3.2M | |
Non Current Assets Total | 1.9M | 1.5M | 739.1K | 2.4M | 154.0M | 161.7M | |
Non Currrent Assets Other | 605.6K | 112.9K | 29.5K | 1.1M | 153.2M | 160.8M | |
Other Assets | 0.0 | 605.6K | 112.9K | 29.5K | 33.9K | 32.2K | |
Cash And Short Term Investments | 3.6M | 1.4M | 11.2M | 3.8M | 1.8M | 3.2M | |
Common Stock Shares Outstanding | 2.0M | 2.0M | 2.5M | 3.5M | 105.2M | 110.5M | |
Liabilities And Stockholders Equity | 6.2M | 3.7M | 14.6M | 11.4M | 157.0M | 164.8M | |
Non Current Liabilities Total | 648.3K | 356.4K | 107.5K | 857.2K | 32.6M | 34.3M | |
Inventory | 376.2K | 642.5K | 213.5K | 129.9K | 149.4K | 223.5K | |
Other Current Assets | 33.2K | 659.8K | 316.8K | 5.0M | 1.2M | 1.0M | |
Other Stockholder Equity | 11.2M | 12.2M | 29.9M | 31.7M | 92.5M | 97.1M | |
Total Liab | 1.5M | 1.0M | 1.2M | 2.0M | 34.6M | 36.4M | |
Total Current Assets | 4.3M | 2.3M | 13.8M | 9.0M | 3.0M | 4.7M | |
Accumulated Other Comprehensive Income | (119.4K) | (1.7K) | 43.4K | (141.5K) | 1.2M | 1.2M | |
Short Term Debt | 339.3K | 430.4K | 712.5K | 811.2K | 615.6K | 432.9K | |
Common Stock | 56.1K | 20.8K | 31.4K | 51.5K | 2.0M | 2.1M | |
Property Plant Equipment | 32.4K | 1.1M | 765.5K | 709.6K | 816.1K | 496.2K | |
Net Invested Capital | 4.8M | 2.7M | 13.4M | 9.4M | 154.9M | 162.6M | |
Net Working Capital | 3.5M | 1.6M | 12.7M | 7.9M | 1.0M | 978.1K | |
Short Long Term Debt Total | 987.7K | 786.8K | 463.8K | 1.1M | 33.2M | 34.8M | |
Capital Stock | 56.1K | 20.8K | 31.4K | 51.5K | 2.0M | 2.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether MMTEC Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MMTEC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mmtec Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mmtec Inc Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MMTEC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MMTEC. If investors know MMTEC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MMTEC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 0.008 | Quarterly Revenue Growth 2.895 | Return On Assets (0.04) | Return On Equity (0.07) |
The market value of MMTEC Inc is measured differently than its book value, which is the value of MMTEC that is recorded on the company's balance sheet. Investors also form their own opinion of MMTEC's value that differs from its market value or its book value, called intrinsic value, which is MMTEC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MMTEC's market value can be influenced by many factors that don't directly affect MMTEC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MMTEC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MMTEC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MMTEC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.