TMC the metals company Balance Sheet
NASDAQ: TMCBasic MaterialsMetal MiningUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
TMC the metals company financial position
At the end of fiscal 2025, TMC the metals company reported total assets of $181.6 million, up 188.3% from a year earlier against total liabilities of $215.1 million. Shareholders' equity was negative at -$33.4 million, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $117.6 million in cash and equivalents.
The current ratio (current assets divided by current liabilities) was 2.03, meaning short-term assets cover obligations due within a year.
Summary generated from market data by MetaCap's automated system. Methodology
TMC the metals company balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 117.63M | 3.48M | 6.84M | 46.88M | 84.87M | 10.10M | 15.95M |
| Receivables | — | — | 1.98M | 2.73M | 3.69M | 38.00K | — |
| Total Current Assets | 120.68M | 5.33M | 8.82M | 49.60M | 88.56M | 10.22M | 15.96K |
| Property, Plant & Equipment | 519.00K | 771.00K | 1.13M | 2.02M | 1.42M | 1.31M | — |
| Intangible Assets | 2.13M | 1.93M | 1.64M | — | — | — | — |
| Long-Term Investments | 13.45M | 8.20M | 8.43M | — | — | — | — |
| Total Assets | 181.63M | 63.00M | 68.90M | 94.78M | 133.13M | 54.69M | 119.62K |
| Accounts Payable | 2.28M | 6.20M | 2.44M | 41.61M | 26.57M | 34.30K | 23.06K |
| Short-Term Debt | — | 11.78M | — | — | — | — | — |
| Total Current Liabilities | 59.40M | 54.53M | 31.33M | 41.61M | 26.57M | 7.76M | 103.66K |
| Total Liabilities | 215.07M | 80.12M | 57.98M | 53.27M | 40.37M | 18.43M | 103.66K |
| Shareholders' Equity | -33.44M | -17.12M | 10.92M | 41.51M | 92.75M | 36.25M | 15.96K |
| Retained Earnings | -951.28M | -631.43M | -548.90M | -475.12M | -304.16M | -162.86M | -9.04K |
| Total Debt | — | 11.78M | — | — | — | — | — |
| Net Cash (Debt) | 117.63M | -8.29M | 6.84M | 46.88M | 84.87M | 10.10M | 15.95M |
| Shares Outstanding | 422.97M | 340.71M | 306.56M | 266.81M | 224.39M | — | — |
This table shows 7 annual periods of TMC the metals company's balance sheet, from FY 2025 back to FY 2019, across 16 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow TMC's reporting calendar. What is a balance sheet?