Company / Cash & Equivalents
TMC the metals Co Inc. Cash & Equivalents History
FY2020-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cash & Equivalents
$3.5M
FY2024
5-year range
$3.5M / $84.9M
FY2020-FY2024
Trend
-49.1%
vs FY2023
Sector context
#112 of 113
Materials
What the data says
Among 113 Materials companies, TMC the metals Co Inc. is in the bottom 1% for cash & equivalents. Cash & Equivalents has declined for 3 consecutive years, from $85M in FY2021 to $3M in FY2024.
Based on SEC 10-K filings.
$3M in FY2024 with a 3-year CAGR of -65.5%.
Declined from $47M to $3M over the past 2 years.
Materials sector context is included.
Cash & Equivalents over time
Growth rates
- 3-Year CAGR
- -65.5%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 1% in MaterialsTop 99% of 113This company $3.5M Sector average $704.2M
▼
-99.5% below sector average
Key checks
Key Insights
- TMC the metals Co Inc.'s cash & equivalents has declined for 3 consecutive years.
- 3-year CAGR of -65.5%, indicating a declining trend.
- In FY2024, cash & equivalents decreased 49.1% year-over-year.
- Ranks #112 out of 113 companies in the Materials sector.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -4.66 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cash & EquivalentsValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $3.5M | -49.1% |
| FY2023 | $6.8M | -85.4% |
| FY2022 | $46.9M | -44.8% |
| FY2021 | $84.9M | +740.7% |
| FY2020 | $10.1M | - |
| FY2019 | - | - |
As of FY2024 · SEC Form 10-K · Last checked Jul 2, 2026