The company's financial stability is increasingly compromised, with the debt-to-equity ratio surging to 7.63 as of 2025Q4 compared to 0.16 in 2022Q4.
| Total Current Assets | 6.26M | 8.72M | 10.32M | 12.25M | 966.62K | 415.91K | 611.61K |
| Cash & Short-Term Investments | 2.55M | 2.29M | 5.2M | 9.31M | 785 | 20.52K | 1.49K |
| Cash Only | 2.55M | 2.29M | 2.05M | 221.96K | 785 | 20.52K | 1.49K |
| Short-Term Investments | 0 | 0 | 3.15M | 9.08M | 0 | 0 | 0 |
| Accounts Receivable | 588.95K | 3.49M | 2.99M | 1.61M | 574.36K | 130.32K | 243.27K |
| Days Sales Outstanding | 160.28 | 209.83 | 270.76 | 234.09 | 100.99 | 48.15 | 99.43 |
| Inventory | 2.86M | 2.61M | 1.96M | 981.73K | 391.48K | 251.07K | 353.78K |
| Days Inventory Outstanding | 612.5 | 371.62 | 340.01 | 208.08 | 129.14 | 183.02 | 256.97 |
| Other Current Assets | 267.02K | 322.45K | 172.81K | 359.59K | 2.87K | 14K | 13.08K |
| Total Non-Current Assets | 941.61K | 1.1M | 1.01M | 1.11M | 1.07M | 148.61K | 135.22K |
| Property, Plant & Equipment | 670.04K | 882.95K | 817.16K | 919.77K | 16.51K | 13.6K | 11.08K |
| Fixed Asset Turnover | 2.00x | 6.88x | 4.93x | 2.72x | 125.72x | 72.64x | 80.57x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 47.27K | 40.55K | 32.69K | 33.57K | 48.34K | 19.84K | 36.48K |
| Other Non-Current Assets | 224.31K | 175.46K | 162.05K | 156.72K | 1.01M | 115.16K | 87.66K |
| Total Assets | 7.2M | 9.82M | 11.33M | 13.36M | 2.04M | 564.52K | 746.83K |
| Asset Turnover | 0.19x | 0.62x | 0.36x | 0.19x | 1.02x | 1.75x | 1.20x |
| Asset Growth % | -26.64% | -13.36% | -15.19% | 555.33% | 261.24% | -24.41% | - |
| Total Current Liabilities | 3.99M | 3.25M | 3.06M | 1.81M | 1.96M | 1.26M | 2.02M |
| Accounts Payable | 631.47K | 1.16M | 1.21M | 1.08M | 463.65K | 249.79K | 311.16K |
| Days Payables Outstanding | 135.19 | 164.72 | 210.74 | 229.62 | 152.95 | 182.1 | 226.01 |
| Short-Term Debt | 2.48M | 561.56K | 498.78K | 144.08K | 410.32K | 592.12K | 429.82K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 144.08K | 1.04M | 76.3K | 188.24K |
| Other Current Liabilities | 210.74K | 1.14M | 1.01M | -61.86K | -241.72K | 33.38K | 975.99K |
| Current Ratio | 1.57x | 2.68x | 3.38x | 6.77x | 0.49x | 0.33x | 0.30x |
| Quick Ratio | 0.85x | 1.88x | 2.73x | 6.22x | 0.29x | 0.13x | 0.13x |
| Cash Conversion Cycle | 637.59 | 416.73 | 400.03 | 212.55 | 77.19 | 49.08 | 130.38 |
| Total Non-Current Liabilities | 2.62M | 754.44K | 1.38M | 1.96M | 2.46M | 1.91M | 1.77M |
| Long-Term Debt | 1.96M | 45.34K | 589.47K | 1.09M | 1.83M | 1.69M | 1.59M |
| Capital Lease Obligations | 155.33K | 268.8K | 323.07K | 442.17K | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 503.37K | 440.3K | 469.19K | 425.74K | 624.35K | 217.46K | 176.28K |
| Total Liabilities | 6.6M | 4.01M | 4.44M | 3.77M | 4.42M | 3.17M | 3.79M |
| Total Debt | 4.59M | 1.04M | 1.54M | 1.67M | 2.24M | 2.28M | 2.02M |
| Net Debt | 2.04M | -1.25M | -511.38K | 1.31M | 2.24M | 2.26M | 2.02M |
| Debt / Equity | 7.63x | 0.18x | 0.22x | 0.17x | - | - | - |
| Debt / EBITDA | - | 0.72x | - | - | - | - | - |
| Net Debt / EBITDA | - | -0.87x | - | - | - | - | - |
| Interest Coverage | - | -174.91x | -92.36x | -819.54x | -2.28x | -1.57x | -5.28x |
| Total Equity | 601.58K | 5.82M | 6.89M | 9.6M | -2.38M | -2.6M | -3.04M |
| Equity Growth % | -89.65% | -15.66% | -28.16% | 503.3% | 8.52% | 14.42% | - |
| Book Value per Share | 0.07 | 0.73 | 0.87 | 1.20 | -0.77 | -0.36 | -0.42 |
| Total Shareholders' Equity | 601.58K | 5.82M | 6.89M | 9.6M | -2.38M | -2.6M | -3.04M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | -17.55M | -12.14M | -10.9M | -8.19M | -4.5M | -3.68M | -3.04M |
| Treasury Stock | -119.54K | -119.54K | -119.54K | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Liquidity and solvency pressure
As reported in recent financial filings, MTEK's total assets have declined from a peak of $14.1 million in 2022Q2 to $7.2 million by 2025Q4, reflecting a persistent contraction in the company's resource base as it struggles to maintain operational scale amidst significant revenue volatility.
The consistent reduction in total assets suggests that the company is consuming its capital base to fund ongoing operating losses rather than reinvesting in growth. This downward trajectory in asset value warrants concern regarding the firm's long-term ability to sustain its specialized R&D-heavy business model.
Based on the latest quarterly data, MTEK's debt-to-equity ratio has surged to 7.63, a dramatic increase from the 0.16 level observed in 2022Q4, indicating that the company is increasingly reliant on debt financing to bridge the gap created by persistent net losses and equity erosion.
The sharp rise in leverage appears to be a necessity-driven response to cash depletion rather than a strategic capital allocation decision. Investors should monitor this trend closely, as the high debt-to-equity ratio significantly elevates the risk of insolvency should the company fail to secure new, high-margin contracts.
According to the most recent balance sheet, MTEK's current ratio has compressed to 1.57 from a high of 11.83 in 2022Q2, signaling a substantial reduction in the company's short-term liquidity buffer as cash reserves are depleted to cover ongoing operating expenses and debt obligations.
While a current ratio of 1.57 remains above the critical threshold of 1.0, the rapid deterioration suggests that the company's liquidity position is becoming increasingly fragile. This trend implies that the firm may face significant challenges in meeting its short-term liabilities without further dilutive capital raises.
As evidenced by the company's financial statements, retained earnings have plummeted to a deficit of $17.5 million as of 2025Q4, reflecting the cumulative impact of years of negative profitability that has severely eroded the company's book value and overall equity quality.
The persistent accumulation of losses in the retained earnings account indicates that the business model has yet to achieve the scale necessary for profitability. This erosion of equity base may limit the company's future financing options and suggests that shareholders are bearing the brunt of the ongoing operational inefficiencies.
Based on the provided data, the company's reliance on debt to fund operations while equity is being depleted by consistent losses creates a precarious balance sheet structure that may be more vulnerable to interest rate fluctuations and credit tightening than headline figures might initially suggest.
The shift from an equity-heavy to a debt-heavy capital structure in a high-interest environment poses a significant risk to the company's survival. Analysts should investigate whether the current debt terms include restrictive covenants that could be triggered by further revenue declines or continued cash burn.
Quick answers to the most common questions about buying MTEK stock.
As of 2025, Maris-Tech Ltd. (MTEK) had total assets of $7.2M including $6.3M in current assets.
Maris-Tech Ltd. (MTEK) carries total debt of $4.6M, offset by $2.5M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Maris-Tech Ltd. (MTEK) has total shareholders' equity (book value) of $0.6M ($0.07 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Maris-Tech Ltd. (MTEK) reported a current ratio of 1.57x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.