TMC the metals company Quarterly Balance Sheet
NASDAQ: TMCBasic MaterialsMetal MiningUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
TMC the metals company financial position
As of Jun 30, 2026, TMC the metals company reported total assets of $180.9 million, up 4.1% from a year earlier against total liabilities of $208.3 million. Shareholders' equity was negative at -$27.4 million, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $98.7 million in cash and equivalents.
The current ratio (current assets divided by current liabilities) was 1.93, 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 (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 98.66M | 119.68M | 117.63M | 115.65M | 115.76M | 2.35M | 3.48M | 360.00K | 474.00K | 3.99M | 6.84M | 22.55M |
| Receivables | — | — | — | — | — | — | — | — | — | — | 1.98M | — |
| Total Current Assets | 101.41M | 122.78M | 120.68M | 117.21M | 117.28M | 7.36M | 5.33M | 2.92M | 1.71M | 5.94M | 8.82M | 27.87M |
| Property, Plant & Equipment | 441.00K | 480.00K | 519.00K | 597.00K | 655.00K | 713.00K | 771.00K | 854.00K | 936.00K | 1.05M | 1.13M | 2.08M |
| Intangible Assets | 2.27M | 2.18M | 2.13M | 2.08M | 2.04M | 1.96M | 1.93M | 1.87M | 1.79M | 1.72M | 1.64M | — |
| Long-Term Investments | 32.84M | 15.05M | 13.45M | 10.39M | 7.91M | 8.17M | 8.20M | 8.23M | 8.29M | 8.35M | 8.43M | 8.53M |
| Total Assets | 180.86M | 184.87M | 181.63M | 175.62M | 173.69M | 64.48M | 63.00M | 61.31M | 60.65M | 65.45M | 68.90M | 87.82M |
| Accounts Payable | 1.68M | 9.06M | 2.28M | 3.77M | 4.21M | 2.56M | 6.20M | 48.06M | 37.78M | 36.47M | 2.44M | 19.34M |
| Short-Term Debt | — | — | — | — | 2.48M | 9.98M | 11.78M | 9.18M | 5.88M | — | — | — |
| Total Current Liabilities | 52.62M | 56.55M | 59.40M | 46.83M | 49.58M | 55.22M | 54.53M | 57.24M | 43.66M | 36.47M | 31.33M | 19.34M |
| Total Liabilities | 208.30M | 212.22M | 215.07M | 216.24M | 91.83M | 81.25M | 80.12M | 82.78M | 70.25M | 63.65M | 57.98M | 46.22M |
| Shareholders' Equity | -27.44M | -27.35M | -33.44M | -40.62M | 81.86M | -16.77M | -17.12M | -21.47M | -9.61M | 1.81M | 10.92M | 41.61M |
| Retained Earnings | -1.03B | -971.88M | -951.28M | -910.88M | -726.36M | -652.02M | -631.43M | -614.78M | -594.26M | -574.10M | -548.90M | -515.44M |
| Total Debt | — | — | — | — | 2.48M | 9.98M | 11.78M | 9.18M | 5.88M | — | — | — |
| Net Cash (Debt) | 98.66M | 119.68M | 117.63M | 115.65M | 113.28M | -7.63M | -8.29M | -8.81M | -5.40M | 3.99M | 6.84M | 22.55M |
| Shares Outstanding | — | — | 422.97M | — | — | — | 340.71M | — | — | — | 306.56M | — |
This table shows 12 quarterly periods of TMC the metals company's balance sheet, from Q2 2026 back to Q3 2023, 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?