TMC
Price:
$7.8
Market Cap:
$3.22B
TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in the Clarion Clipperton Zone (CCZ) in the south-west of San Diego, California. The company primarily explores for nickel, cobalt, copper, and manganese products. TMC the metals company Inc., through its subsidiaries, holds exploration rights in three polymetallic nodule contract areas in the CCZ of the Pacific Ocean. Its products are used in electric vehicles (EV), renewable energy storage markets, EV wiring, clean energy transmission, manganese alloy production required for steel production, and other applications. The comp...[Read more]
Industry
Industrial Materials
IPO Date
2021-09-10
Stock Exchange
NASDAQ
Ticker
TMC
According to TMC the metals company Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.37. This represents a change of 224.66% compared to the average of 0.73 of the last 4 quarters.
The mean historical Current Ratio of TMC the metals company Inc. over the last ten years is 1.06. The current 2.37 Current Ratio has changed 22.16% with respect to the historical average. Over the past ten years (40 quarters), TMC's Current Ratio was at its highest in in the March 2020 quarter at 23.98. The Current Ratio was at its lowest in in the June 2024 quarter at 0.04.
Average
1.06
Median
0.74
Minimum
0.10
Maximum
3.33
Discovering the peaks and valleys of TMC the metals company Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 756.20%
Maximum Annual Current Ratio = 3.33
Minimum Annual Increase = -76.38%
Minimum Annual Current Ratio = 0.10
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.10 | -65.27% |
| 2023 | 0.28 | -76.38% |
| 2022 | 1.19 | -64.23% |
| 2021 | 3.33 | 152.79% |
| 2020 | 1.32 | 756.20% |
The current Current Ratio of TMC the metals company Inc. (TMC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.52
5-year avg
1.24
10-year avg
1.06
TMC the metals company Inc.’s Current Ratio is greater than Americas Gold and Silver Corporation (1.14), less than Materion Corporation (3.28), less than Boise Cascade Company (2.96), greater than Skeena Resources Limited (1.75), greater than Methanex Corporation (2.13), greater than Tecnoglass Inc. (1.98), less than Titan America S.A. (2.95), less than WD-40 Company (2.79), less than Fortuna Mining Corp. (2.71), less than USA Rare Earth Inc (15.11),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.14 | $3.04B | |
| 3.28 | $2.56B | |
| 2.96 | $2.75B | |
| 1.75 | $2.61B | |
| 2.13 | $2.62B | |
| 1.98 | $2.41B | |
| 2.95 | $2.92B | |
| 2.79 | $2.61B | |
| 2.71 | $2.85B | |
| 15.11 | $1.70B |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for TMC the metals company Inc. (TMC)?
How does the current Current Ratio for TMC the metals company Inc. (TMC) compare to its historical average?