Asset Turnover ratio Analysis of Meta Materials Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointAsset Turnover of MMAT
Dec-2325.48Indecisive Asset Turnover | Dec-222420.13Excellent Asset Turnover | Growth-98.95% |
Asset Turnover Analysis of Meta Materials Inc
| Asset Turnover Ratio of Meta Materials Inc with value of 25.48 means shows the company does not utilize its assets efficiently to make profits. |
| Asset Turnover Ratio of MMAT drastically fell by -98.95 % this year. |
| Asset Turnover Ratio with value of 2420.13 was highest in Year Dec-22 in last Five Years. |
| Asset Turnover Ratio with value of 2.28 was lowest in Year Dec-19 in last Five Years. |
| Latest Asset Turnover Ratio with value of 25.48 is lower than Average Asset Turnover of 505.77 in last five years. |
Other Asset Turnover Related Info of MMAT that may interest you.
Meta Materials Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MMAT | 0.0001 | 0 | % | Electronic Components |
Defination of Asset Turnover
Asset turnover ratio is a profitability ratio that measures how efficiently a company utilizes its assets to generate revenue, and it is based on an annual basis. It is calculated by dividing total sales by average assets. more ..
Asset Turnover Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Asset Turnover of Meta Materials Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Asset Turnover | 25.48 | 2420.13 | 76.55 | 4.39 | 2.28 | 3.84 | 2.77 |
| Change | -98.95 % | 3061.53 % | 1644.81 % | 92.09 % | -40.46 % | 38.50 % | -15.52 % |
FY Chart of Asset Turnover of Meta Materials Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)