TMC the metals company Inc. (TMC)

The Metals Company Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	115.65	3.48	6.84	46.88	84.87	10.1
Cash & Short-Term Investments	115.65	3.48	6.84	46.88	84.87	10.1
Cash Growth	32024.44%	-49.14%	-85.40%	-44.77%	740.66%	-36.70%
Other Receivables	1.57	0.25	0.47	0.12	0.06	0.06
Receivables	1.57	0.25	0.47	0.12	0.06	0.06
Prepaid Expenses	-	1.6	1.51	2.61	3.62	0.07
Total Current Assets	117.21	5.33	8.82	49.6	88.56	10.23
Property, Plant & Equipment	45.93	47.54	50	45.18	44.57	44.46
Long-Term Investments	10.39	8.2	8.43	-	-	-
Other Intangible Assets	2.08	1.93	1.64	-	-	-
Total Assets	175.62	63	68.9	94.78	133.13	54.69
Accounts Payable	3.77	42.75	31.33	41.61	26.57	4.32
Short-Term Debt	-	11.78	-	-	-	-
Other Current Liabilities	-	-	-	-	-	3.44
Total Current Liabilities	46.83	54.53	31.33	41.61	26.57	7.76
Long-Term Deferred Tax Liabilities	10.68	10.68	10.68	10.68	10.68	10.68
Other Long-Term Liabilities	158.73	14.91	15.97	0.98	3.13	-
Total Liabilities	216.24	80.12	57.98	53.27	40.37	18.43
Common Stock	638.85	477.22	438.24	332.88	296.05	154.43
Additional Paid-In Capital	232.61	138.3	122.8	184.96	102.07	45.35
Retained Earnings	-910.88	-631.44	-548.9	-475.12	-304.16	-162.86
Comprehensive Income & Other	-1.2	-1.2	-1.22	-1.22	-1.22	-1.22
Total Common Equity	-40.62	-17.12	10.92	41.51	92.75	35.7
Shareholders' Equity	-40.62	-17.12	10.92	41.51	92.75	36.25
Total Liabilities & Equity	175.62	63	68.9	94.78	133.13	54.69
Total Debt	-	11.78	-	-	-	-
Net Cash (Debt)	115.65	-8.3	6.84	46.88	84.87	10.1
Net Cash Growth	-	-	-85.40%	-44.77%	740.66%	-36.70%
Net Cash Per Share	0.32	-0.03	0.02	0.20	0.41	0.06
Filing Date Shares Outstanding	413.49	347.91	318.25	277.88	226.78	170.83
Total Common Shares Outstanding	408.86	340.71	306.56	266.81	225.43	163.66
Working Capital	70.38	-49.2	-22.51	7.99	61.99	2.47
Book Value Per Share	-0.10	-0.05	0.04	0.16	0.41	0.22
Tangible Book Value	-42.71	-19.05	9.28	41.51	92.75	35.7
Tangible Book Value Per Share	-0.10	-0.06	0.03	0.16	0.41	0.22
Machinery	0.6	3.29	3.29	3.85	2.82	2.26

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q