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TMC the metals (TMCWW) Financials

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$1.03 +0.10 (+10.69%)
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Annual Income Statements for TMC the metals

Annual Income Statements for TMC the metals

This table shows TMC the metals' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Income / (Loss) Attributable to Common Shareholders		 -82 -74 -171
Consolidated Net Income / (Loss)		 -82 -74 -171
Net Income / (Loss) Continuing Operations		 -82 -74 -171
Total Pre-Tax Income 		-82 -74 -171
Total Operating Income		 -81 -72 -174
Total Gross Profit		 0.00 0.00 0.00
Total Revenue		 0.00 0.00 0.00
Total Cost of Revenue		 0.00 0.00 0.00
Total Operating Expenses		 81 72 174
Selling, General & Admin Expense		 31 23 30
Exploration Expense		 51 50 145
Other Special Charges / (Income)		 0.20 0.00 -
Total Other Income / (Expense), net		 -0.41 -1.35 3.23
Interest Expense		 2.43 -0.52 -1.11
Interest & Investment Income		 -0.23 -0.57 0.00
Other Income / (Expense), net		 2.24 -1.30 2.12
Income Tax Expense		 0.05 0.04 0.08
Basic Earnings per Share		 $0.25 $0.26 $0.71
Weighted Average Basic Shares Outstanding		 321.88M 288.64M 239.87M
Diluted Earnings per Share		 $0.25 $0.26 $0.71
Weighted Average Diluted Shares Outstanding		 321.88M 288.64M 239.87M
Weighted Average Basic & Diluted Shares Outstanding		 347.91M 318.25M 277.88M

Quarterly Income Statements for TMC the metals

This table shows TMC the metals' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 -16 -21 -20 -25 -33 -12 -14 -14 -110 -28
Consolidated Net Income / (Loss)		 -16 -21 -20 -25 -33 -12 -14 -14 -110 -28
Net Income / (Loss) Continuing Operations		 -16 -21 -20 -25 -34 -12 -14 -14 -110 -28
Total Pre-Tax Income 		-62 -20 0.00 0.00 -61 -12 0.00 0.00 -109 -28
Total Operating Income		 -16 -20 -20 -25 -33 -13 -13 -13 -111 -29
Total Operating Expenses		 17 20 20 25 33 13 13 13 111 29
Selling, General & Admin Expense		 8.04 8.15 7.89 6.56 6.58 4.61 5.13 6.21 7.02 5.94
Exploration Expense		 8.30 12 12 18 27 7.91 8.10 7.17 104 23
Total Other Income / (Expense), net		 -0.12 0.39 0.10 -0.78 -0.36 0.07 -0.72 -0.34 1.79 0.70
Interest Expense		 1.17 0.61 0.48 0.17 0.05 -0.07 -0.07 -0.43 -0.57 -0.35
Interest & Investment Income		 -0.09 -0.06 0.00 -0.08 -0.23 -0.12 0.00 -0.22 - 0.00
Other Income / (Expense), net		 1.14 1.05 0.58 -0.53 -0.08 0.12 -0.79 -0.54 1.23 0.35
Basic Earnings per Share		 $0.05 $0.06 $0.06 $0.08 $0.12 $0.04 $0.05 $0.05 $0.45 $0.12
Weighted Average Basic Shares Outstanding		 321.88M 323.66M 320.89M 311.52M 288.64M 294.64M 281.32M 272.03M 239.87M 239.74M
Diluted Earnings per Share		 $0.05 $0.06 $0.06 $0.08 $0.12 $0.04 $0.05 $0.05 $0.45 $0.12
Weighted Average Diluted Shares Outstanding		 321.88M 323.66M 320.89M 311.52M 288.64M 294.64M 281.32M 272.03M 239.87M 239.74M
Weighted Average Basic & Diluted Shares Outstanding		 347.91M 324.26M 323.99M 320.51M 318.25M 305.16M 292.92M 280.64M 277.88M 265.53M

Annual Cash Flow Statements for TMC the metals

This table details how cash moves in and out of TMC the metals' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Net Change in Cash & Equivalents		 161 107 -38
Net Cash From Operating Activities		 -43 -60 -67
Net Cash From Continuing Operating Activities		 120 88 -67
Net Income / (Loss) Continuing Operations		 0.00 0.00 -171
Amortization Expense		 0.36 0.36 0.42
Non-Cash Adjustments To Reconcile Net Income		 108 89 89
Changes in Operating Assets and Liabilities, net		 12 -1.56 15
Net Cash From Investing Activities		 -0.52 -0.58 -1.17
Net Cash From Continuing Investing Activities		 -0.52 -0.58 -1.17
Purchase of Property, Plant & Equipment		 -0.52 -0.58 -1.17
Net Cash From Financing Activities		 41 20 30
Net Cash From Continuing Financing Activities		 41 20 30
Repayment of Debt		 -2.00 0.00 -
Issuance of Debt		 6.28 0.00 -
Issuance of Common Equity		 29 16 0.11
Other Financing Activities, net		 7.61 3.90 30

Quarterly Cash Flow Statements for TMC the metals

This table details how cash moves in and out of TMC the metals' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 36 132 -3.53 -3.14 51 83 -8.40 -18 -20 21
Net Cash From Operating Activities		 -14 -5.74 -12 -12 -15 -13 -8.40 -23 -20 -8.64
Net Cash From Continuing Operating Activities		 18 126 -12 -12 52 68 -8.40 -23 -20 -8.66
Amortization Expense		 0.08 0.08 0.11 0.09 0.10 0.09 0.09 0.09 0.12 0.11
Non-Cash Adjustments To Reconcile Net Income		 23 70 6.65 7.71 40 40 5.02 4.93 135 -25
Changes in Operating Assets and Liabilities, net		 -4.76 10 1.31 5.54 12 0.52 0.61 -15 16 16
Net Cash From Investing Activities		 -0.05 -0.05 -0.08 -0.34 -0.40 -0.10 -0.08 0.00 -0.21 -0.51
Net Cash From Continuing Investing Activities		 -0.05 -0.05 -0.08 -0.34 -0.40 -0.10 -0.08 0.00 -0.21 -0.51
Purchase of Property, Plant & Equipment		 -0.05 -0.05 -0.08 -0.34 -0.40 -0.10 -0.08 0.00 -0.21 -0.51
Net Cash From Financing Activities		 17 5.63 8.64 9.05 -0.15 15 0.08 5.00 -0.05 30
Net Cash From Continuing Financing Activities		 17 5.63 8.64 9.05 -0.15 15 0.08 5.00 -0.05 30
Issuance of Debt		 0.17 0.25 - - - - - - - -
Issuance of Common Equity		 15 2.32 2.57 9.00 0.25 16 0.08 0.00 0.06 -
Other Financing Activities, net		 2.29 5.05 0.22 0.05 -0.40 -0.70 - 5.00 0.01 30

Annual Balance Sheets for TMC the metals

This table presents TMC the metals' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Total Assets		 63 69 95
Total Current Assets		 5.33 8.82 50
Cash & Equivalents		 3.48 6.84 47
Other Current Assets		 1.85 1.98 2.73
Plant, Property, & Equipment, net		 0.77 1.13 2.03
Total Noncurrent Assets		 57 59 43
Long-Term Investments		 8.20 8.43 0.00
Intangible Assets		 1.93 1.64 -
Other Noncurrent Operating Assets		 47 49 43
Total Liabilities & Shareholders' Equity		 63 69 95
Total Liabilities		 80 58 53
Total Current Liabilities		 55 31 42
Short-Term Debt		 12 0.00 -
Accounts Payable		 43 31 42
Total Noncurrent Liabilities		 26 27 12
Noncurrent Deferred & Payable Income Tax Liabilities		 11 11 11
Other Noncurrent Operating Liabilities		 15 16 0.98
Total Equity & Noncontrolling Interests		 -17 11 42
Total Preferred & Common Equity		 -17 11 42
Total Common Equity		 -17 11 42
Common Stock		 616 561 518
Retained Earnings		 -631 -549 -475
Accumulated Other Comprehensive Income / (Loss)		 -1.20 -1.22 -1.22

Quarterly Balance Sheets for TMC the metals

This table presents TMC the metals' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 61 61 65 88 75 85 117
Total Current Assets		 2.92 1.71 5.94 28 22 32 72
Cash & Equivalents		 0.36 0.47 3.99 23 20 28 67
Other Current Assets		 2.56 1.24 1.95 5.33 1.64 3.23 5.04
Plant, Property, & Equipment, net		 0.85 0.94 1.05 2.08 1.97 2.00 2.10
Total Noncurrent Assets		 58 58 58 58 52 52 43
Long-Term Investments		 8.23 8.29 8.35 8.53 8.64 8.78 -
Intangible Assets		 1.87 1.79 1.72 - - - -
Other Noncurrent Operating Assets		 47 48 48 49 43 43 43
Total Liabilities & Shareholders' Equity		 61 61 65 88 75 85 117
Total Liabilities		 83 70 64 32 31 30 38
Total Current Liabilities		 57 44 36 19 18 18 25
Short-Term Debt		 9.18 5.88 - - - - -
Accounts Payable		 48 38 36 19 18 18 25
Total Noncurrent Liabilities		 26 27 27 13 13 12 13
Noncurrent Deferred & Payable Income Tax Liabilities		 11 11 11 11 11 11 11
Other Noncurrent Operating Liabilities		 15 16 17 2.20 2.31 1.53 2.23
Total Equity & Noncontrolling Interests		 -21 -9.61 1.81 55 44 56 79
Total Preferred & Common Equity		 -21 -9.61 1.81 55 44 56 79
Total Common Equity		 -21 -9.61 1.81 55 44 56 79
Common Stock		 595 586 577 558 534 532 446
Retained Earnings		 -615 -594 -574 -502 -489 -475 -366
Accumulated Other Comprehensive Income / (Loss)		 -1.20 -1.22 -1.22 -1.22 -1.22 -1.22 -1.22

Annual Metrics And Ratios for TMC the metals

This table displays calculated financial ratios and metrics derived from TMC the metals' official financial filings.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Growth Metrics		 - - -
Revenue Growth		 0.00% 0.00% 0.00%
EBITDA Growth		 -7.31% 57.26% -22.77%
EBIT Growth		 -7.27% 57.16% -22.67%
NOPAT Growth		 -12.29% 58.43% -16.40%
Net Income Growth		 -11.06% 56.84% -20.99%
EPS Growth		 -3.85% -63.38% 2.90%
Operating Cash Flow Growth		 27.03% 10.56% -18.74%
Free Cash Flow Firm Growth		 14.44% 52.42% -25.69%
Invested Capital Growth		 -291.13% 18.95% -168.18%
Revenue Q/Q Growth		 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 18.72% 51.12% -84.93%
EBIT Q/Q Growth		 18.66% 51.00% -84.53%
NOPAT Q/Q Growth		 17.22% 51.87% -49.71%
Net Income Q/Q Growth		 17.51% 50.78% -83.52%
EPS Q/Q Growth		 -21.88% -55.93% 0.00%
Operating Cash Flow Q/Q Growth		 3.11% 7.25% 10.62%
Free Cash Flow Firm Q/Q Growth		 -87.66% 55.96% -9.11%
Invested Capital Q/Q Growth		 18.48% -117.92% -144.07%
Profitability Metrics		 - - -
Gross Margin		 0.00% 0.00% 0.00%
EBITDA Margin		 0.00% 0.00% 0.00%
Operating Margin		 0.00% 0.00% 0.00%
EBIT Margin		 0.00% 0.00% 0.00%
Profit (Net Income) Margin		 0.00% 0.00% 0.00%
Tax Burden Percent		 100.06% 100.06% 100.05%
Interest Burden Percent		 103.61% 100.07% 99.35%
Effective Tax Rate		 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00%
Return on Equity (ROE)		 2,643.32% -281.48% -254.68%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 0.00% 0.00% 0.00%
Return on Assets (ROA)		 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)		 2,643.32% -281.48% -254.68%
Return on Equity Simple (ROE_SIMPLE)		 478.69% -675.77% -411.91%
Net Operating Profit after Tax (NOPAT)		 -57 -51 -122
NOPAT Margin		 0.00% 0.00% 0.00%
Net Nonoperating Expense Percent (NNEP)		 -329.96% -74.37% -74.51%
Return On Investment Capital (ROIC_SIMPLE)		 1,064.96% -464.12% -
Cost of Revenue to Revenue		 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00%
R&D to Revenue		 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 0.00% 0.00%
Earnings before Interest and Taxes (EBIT)		 -79 -74 -172
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -79 -73 -172
Valuation Ratios		 - - -
Price to Book Value (P/BV)		 0.00 30.75 4.93
Price to Tangible Book Value (P/TBV)		 0.00 36.19 4.93
Price to Revenue (P/Rev)		 0.00 0.00 0.00
Price to Earnings (P/E)		 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00
Leverage & Solvency		 - - -
Debt to Equity		 -0.69 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00
Financial Leverage		 2.45 -1.19 -0.98
Leverage Ratio		 -21.27 3.12 1.70
Compound Leverage Factor		 -22.04 3.12 1.69
Debt to Total Capital		 -220.38% 0.00% 0.00%
Short-Term Debt to Total Capital		 -220.38% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00%
Common Equity to Total Capital		 320.38% 100.00% 100.00%
Debt to EBITDA		 -0.15 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00
Debt to NOPAT		 -0.21 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00
Altman Z-Score		 -16.39 -11.60 -10.60
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00%
Liquidity Ratios		 - - -
Current Ratio		 0.10 0.28 1.19
Quick Ratio		 0.06 0.22 1.13
Cash Flow Metrics		 - - -
Free Cash Flow to Firm (FCFF)		 -44 -52 -109
Operating Cash Flow to CapEx		 -8,440.39% -10,306.75% -5,697.43%
Free Cash Flow to Firm to Interest Expense		 -18.23 0.00 0.00
Operating Cash Flow to Interest Expense		 -17.92 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 -18.13 0.00 0.00
Efficiency Ratios		 - - -
Asset Turnover		 0.00 0.00 0.00
Accounts Receivable Turnover		 0.00 0.00 0.00
Inventory Turnover		 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00
Accounts Payable Turnover		 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 0.00 0.00 0.00
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 0.00 0.00 0.00
Capital & Investment Metrics		 - - -
Invested Capital		 -17 -4.35 -5.37
Invested Capital Turnover		 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital		 -13 1.02 -13
Enterprise Value (EV)		 363 320 158
Market Capitalization		 363 336 204
Book Value per Share		 ($0.05) $0.04 $0.16
Tangible Book Value per Share		 ($0.06) $0.03 $0.16
Total Capital		 -5.34 11 42
Total Debt		 12 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00
Net Debt		 0.09 -15 -47
Capital Expenditures (CapEx)		 0.52 0.58 1.17
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -41 -29 -39
Debt-free Net Working Capital (DFNWC)		 -37 -23 7.99
Net Working Capital (NWC)		 -49 -23 7.99
Net Nonoperating Expense (NNE)		 25 23 49
Net Nonoperating Obligations (NNO)		 0.09 -15 -47
Total Depreciation and Amortization (D&A)		 0.36 0.36 0.42
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 0.00% 0.00%
Debt-free Net Working Capital to Revenue		 0.00% 0.00% 0.00%
Net Working Capital to Revenue		 0.00% 0.00% 0.00%
Earnings Adjustments		 - - -
Adjusted Basic Earnings per Share		 $0.25 $0.26 $0.71
Adjusted Weighted Average Basic Shares Outstanding		 321.88M 288.64M 239.87M
Adjusted Diluted Earnings per Share		 $0.25 $0.26 $0.71
Adjusted Weighted Average Diluted Shares Outstanding		 321.88M 288.64M 239.87M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 347.91M 318.25M 277.88M
Normalized Net Operating Profit after Tax (NOPAT)		 -57 -51 -122
Normalized NOPAT Margin		 0.00% 0.00% 0.00%
Pre Tax Income Margin		 0.00% 0.00% 0.00%
Debt Service Ratios		 - - -
EBIT to Interest Expense		 -32.58 0.00 0.00
NOPAT to Interest Expense		 -23.45 0.00 0.00
EBIT Less CapEx to Interest Expense		 -32.79 0.00 0.00
NOPAT Less CapEx to Interest Expense		 -23.67 0.00 0.00
Payout Ratios		 - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% -0.47%

Quarterly Metrics And Ratios for TMC the metals

This table displays calculated financial ratios and metrics derived from TMC the metals' official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Growth		 54.50% -52.87% -40.74% -81.57% 69.76% 56.25% -11.40% 34.10% -253.13% 22.47%
EBIT Growth		 54.39% -52.47% -40.66% -81.04% 69.70% 56.11% -11.26% 33.98% -252.05% 22.17%
NOPAT Growth		 50.85% -59.47% -53.41% -84.43% 70.11% 56.24% 27.82% 15.87% -108.14% 23.06%
Net Income Growth		 52.00% -64.59% -42.96% -83.26% 69.46% 55.31% -13.91% 34.90% -244.96% 23.89%
EPS Growth		 -58.33% 50.00% 20.00% 60.00% -73.33% -66.67% 0.00% -44.44% 0.00% -33.33%
Operating Cash Flow Growth		 9.18% 54.13% -43.93% 49.53% 23.47% -44.78% 62.83% -51.23% 28.50% 68.40%
Free Cash Flow Firm Growth		 105.06% 249.56% 155.52% 168.15% 62.41% 45.36% -110.55% -107.08% -237.69% -114.20%
Invested Capital Growth		 -291.13% -186.00% -181.12% -157.30% 18.95% 99.25% 0.00% 72.15% -168.18% 304.33%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 19.65% 3.97% 21.99% 24.41% -169.96% 11.59% -0.65% 87.41% -290.55% -125.10%
EBIT Q/Q Growth		 19.57% 4.09% 21.81% 24.38% -168.86% 11.52% -0.64% 87.34% -289.45% -124.30%
NOPAT Q/Q Growth		 18.10% 1.64% 17.77% 25.79% -165.69% 5.37% 1.15% 87.97% -288.98% -56.08%
Net Income Q/Q Growth		 21.73% -1.75% 19.95% 24.70% -168.38% 11.63% -2.61% 87.45% -292.80% -125.24%
EPS Q/Q Growth		 -16.67% 0.00% -25.00% -33.33% 200.00% -20.00% 0.00% -88.89% 275.00% 140.00%
Operating Cash Flow Q/Q Growth		 -140.43% 52.55% -2.00% 22.10% -21.43% -48.89% 64.24% -18.35% -129.74% 61.77%
Free Cash Flow Firm Q/Q Growth		 -96.06% 127.81% 17.70% 147.88% -16.49% 15.43% -44.49% 73.59% -69.32% -116.33%
Invested Capital Q/Q Growth		 18.48% -67.14% -18.65% -141.95% -117.92% 57.64% -16.19% 442.21% -144.07% 0.00%
Profitability Metrics		 - - - - - - - - - -
Gross Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profit (Net Income) Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Tax Burden Percent		 25.77% 104.83% 0.00% 0.00% 54.59% 100.11% 0.00% 0.00% 100.08% 99.96%
Interest Burden Percent		 409.79% 103.52% 0.00% 0.00% 183.82% 100.42% 0.00% 0.00% 99.48% 98.75%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 2,643.32% -586.27% -530.00% -297.16% -281.48% -223.02% -375.25% -241.87% -254.68% -100.31%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% -643.66% -1,713.09% -879.77% 0.00% -816.91%
Operating Return on Assets (OROA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Assets (ROA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)		 2,643.32% -586.27% -530.00% -297.16% -281.48% -223.02% -375.25% -241.87% -254.68% -100.31%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 462.72% 950.22% -4,708.67% 0.00% -270.77% -375.25% -294.50% 0.00% -117.83%
Net Operating Profit after Tax (NOPAT)		 -11 -14 -14 -17 -23 -8.76 -9.26 -9.37 -78 -20
NOPAT Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Nonoperating Expense Percent (NNEP)		 -60.84% -42.94% -37.80% -31.98% -32.75% -7.56% -33.83% -8.25% -48.09% -8.77%
Return On Investment Capital (ROIC_SIMPLE)		 214.18% - - - -213.24% - - - - -
Cost of Revenue to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings before Interest and Taxes (EBIT)		 -15 -19 -20 -25 -33 -12 -14 -14 -110 -28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -15 -19 -20 -25 -33 -12 -14 -14 -110 -28
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 251.44 30.75 5.24 10.38 4.15 4.93 3.02
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 4,946.71 36.19 5.24 10.38 4.15 4.93 3.02
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 10.68 27.83 10.51 0.00 14.08
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 -0.69 -0.43 -0.61 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 2.45 -0.90 -0.92 -0.86 -1.19 -0.73 -0.65 -0.79 -0.98 -0.97
Leverage Ratio		 -21.27 4.39 3.94 2.63 3.12 1.52 1.71 1.49 1.70 1.48
Compound Leverage Factor		 -87.18 4.55 0.00 0.00 5.74 1.53 0.00 0.00 1.69 1.46
Debt to Total Capital		 -220.38% -74.63% -157.42% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 -220.38% -74.63% -157.42% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 320.38% 174.63% 257.42% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 -0.15 -0.09 -0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 -0.01 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 -0.21 -0.13 -0.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 -0.01 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 -13.05 -13.63 -11.93 -9.82 -9.67 -2.96 -0.85 -3.49 -8.45 -0.93
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - -
Current Ratio		 0.10 0.05 0.04 0.16 0.28 1.44 1.19 1.80 1.19 2.85
Quick Ratio		 0.06 0.01 0.01 0.11 0.22 1.17 1.10 1.62 1.13 2.65
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 1.23 31 14 12 -24 -21 -25 -17 -65 -38
Operating Cash Flow to CapEx		 -27,582.00% -11,472.00% -16,118.67% -3,485.88% -3,767.99% -12,505.00% -11,198.67% 0.00% -9,449.05% -1,703.55%
Free Cash Flow to Firm to Interest Expense		 1.05 51.31 28.77 68.84 -517.01 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 -11.76 -9.43 -25.40 -70.13 -323.09 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 -11.80 -9.52 -25.55 -72.14 -331.66 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 -17 -21 -12 -11 -4.35 24 15 18 -5.37 12
Invested Capital Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital		 -13 -45 -28 -29 1.02 12 15 7.70 -13 18
Enterprise Value (EV)		 363 344 430 443 320 259 429 193 158 172
Market Capitalization		 363 343 433 455 336 290 457 230 204 238
Book Value per Share		 ($0.05) ($0.07) ($0.03) $0.01 $0.04 $0.19 $0.16 $0.20 $0.16 $0.35
Tangible Book Value per Share		 ($0.06) ($0.07) ($0.04) $0.00 $0.03 $0.19 $0.16 $0.20 $0.16 $0.35
Total Capital		 -5.34 -12 -3.73 1.81 11 55 44 56 42 79
Total Debt		 12 9.18 5.88 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 0.09 0.58 -2.89 -12 -15 -31 -29 -37 -47 -67
Capital Expenditures (CapEx)		 0.05 0.05 0.08 0.34 0.40 0.10 0.08 0.00 0.21 0.51
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -41 -46 -37 -35 -29 -14 -16 -14 -39 -20
Debt-free Net Working Capital (DFNWC)		 -37 -45 -36 -31 -23 8.53 3.53 14 7.99 47
Net Working Capital (NWC)		 -49 -54 -42 -31 -23 8.53 3.53 14 7.99 47
Net Nonoperating Expense (NNE)		 4.62 6.55 5.96 7.92 10 3.70 4.85 4.38 32 7.87
Net Nonoperating Obligations (NNO)		 0.09 0.58 -2.89 -12 -15 -31 -29 -37 -47 -67
Total Depreciation and Amortization (D&A)		 0.08 0.08 0.11 0.09 0.10 0.09 0.09 0.09 0.12 0.11
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Debt-free Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.05 $0.06 $0.06 $0.08 $0.12 $0.04 $0.05 $0.00 $0.45 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 321.88M 323.66M 320.89M 311.52M 288.64M 294.64M 281.32M 272.03M 239.87M 0.00
Adjusted Diluted Earnings per Share		 $0.05 $0.06 $0.06 $0.08 $0.12 $0.04 $0.05 $0.00 $0.45 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 321.88M 323.66M 320.89M 311.52M 288.64M 294.64M 281.32M 300.38M 239.87M 0.00
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 347.91M 324.26M 323.99M 320.51M 318.25M 305.16M 292.92M 280.64M 277.88M 0.00
Normalized Net Operating Profit after Tax (NOPAT)		 -11 -14 -14 -17 -23 -8.76 -9.26 -9.37 -78 -20
Normalized NOPAT Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Pre Tax Income Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 -12.97 -31.10 -41.42 -149.19 -709.38 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 -9.76 -22.98 -29.85 -102.23 -495.35 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 -13.01 -31.18 -41.58 -151.20 -717.96 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 -9.80 -23.06 -30.00 -104.25 -503.92 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.47% -0.73%

Frequently Asked Questions About TMC the metals' Financials

When does TMC the metals's fiscal year end?

According to the most recent income statement we have on file, TMC the metals' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has TMC the metals' net income changed over the last 2 years?

TMC the metals' net income appears to be on a downward trend, with a most recent value of -$81.94 million in 2024, falling from -$170.96 million in 2022. The previous period was -$73.78 million in 2023.

What is TMC the metals's operating income?
TMC the metals's total operating income in 2024 was -$81.29 million, based on the following breakdown:
  • Total Gross Profit: $0.00
  • Total Operating Expenses: $81.49 million
How has TMC the metals revenue changed over the last 2 years?

Over the last 2 years, TMC the metals' total revenue changed from $0.00 in 2022 to $0.00 in 2024, a change of 0.0%.

How much debt does TMC the metals have?

TMC the metals' total liabilities were at $80.12 million at the end of 2024, a 38.2% increase from 2023, and a 50.4% increase since 2022.

How much cash does TMC the metals have?

In the past 2 years, TMC the metals' cash and equivalents has ranged from $3.48 million in 2024 to $46.88 million in 2022, and is currently $3.48 million as of their latest financial filing in 2024.

How has TMC the metals' book value per share changed over the last 2 years?

Over the last 2 years, TMC the metals' book value per share changed from 0.16 in 2022 to -0.05 in 2024, a change of -133.8%.


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This page (NASDAQ:TMCWW) was last updated on 5/28/2025 by MarketBeat.com Staff
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