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MMTEC (MTC) Total Liabilities : $34.62 Mil (As of Dec. 2023)


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What is MMTEC Total Liabilities?

MMTEC's Total Liabilities for the quarter that ended in Dec. 2023 was $34.62 Mil.

MMTEC's quarterly Total Liabilities increased from Dec. 2022 ($2.03 Mil) to Jun. 2023 ($64.39 Mil) but then declined from Jun. 2023 ($64.39 Mil) to Dec. 2023 ($34.62 Mil).

MMTEC's annual Total Liabilities increased from Dec. 2021 ($1.24 Mil) to Dec. 2022 ($2.03 Mil) and increased from Dec. 2022 ($2.03 Mil) to Dec. 2023 ($34.62 Mil).


MMTEC Total Liabilities Historical Data

The historical data trend for MMTEC's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MMTEC Total Liabilities Chart

MMTEC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Liabilities
Get a 7-Day Free Trial 1.45 1.01 1.24 2.03 34.62

MMTEC Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.24 2.03 2.03 64.39 34.62

MMTEC Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

MMTEC's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=1.994+(32.545+0.083999999999996
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit)
+0+0)
=34.62

Total Liabilities=Total Assets (A: Dec. 2023 )-Total Equity (A: Dec. 2023 )
=156.987-122.364
=34.62

MMTEC's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=1.994+(32.545+0.083999999999996
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit)
+0+0)
=34.62

Total Liabilities=Total Assets (Q: Dec. 2023 )-Total Equity (Q: Dec. 2023 )
=156.987-122.364
=34.62

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MMTEC Total Liabilities Related Terms

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MMTEC (MTC) Business Description

Traded in Other Exchanges
N/A
Address
c/o MM Future Technology Limited, 308 Des Voeux Road Central, Room 2302, 23rd Floor, FWD Financial Center, Sheung Wan, HKG
MMTEC Inc provides Internet-based technology services and solutions to the Chinese language speaking hedge funds, mutual funds, registered investment advisors, proprietary trading groups, and brokerage firms engaging in securities market transactions and settlements globally. It offers complete suite trading solutions, including services such as fund establishment, issuance, custody, transaction, and settlement. The Company currently has two operating segments, Gujia, MM Future, MMBD Advisory and HC Securities, and MM Global. It generates maximum revenue from the Gujia segment. Gujia segment provides market data services and investor relations management services to customers in China.