Company / Shareholders' Equity
TMC the metals Co Inc. Shareholders' Equity History
FY2019-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shareholders' Equity
-$17.1M
FY2024
5-year range
-$17.1M / $92.8M
FY2020-FY2024
Trend
-256.8%
vs FY2023
Sector context
#115 of 117
Materials
What the data says
TMC the metals Co Inc. reports negative total equity of -$17M in FY2024. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-$17M in FY2024.
Declined from $42M to -$17M over the past 2 years.
Materials sector context is included.
Shareholders' Equity over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 2% in MaterialsTop 98% of 117This company -$17.1M Sector average $4.6B
▼
-100.4% below sector average
Key checks
Key Insights
- TMC the metals Co Inc.'s shareholders' equity has declined for 3 consecutive years.
- In FY2024, shareholders' equity decreased 256.8% year-over-year.
- Ranks #115 out of 117 companies in the Materials sector.
- Peak shareholders' equity was recorded in FY2021.
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 | Shareholders' EquityValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | -$17.1M | -256.8% |
| FY2023 | $10.9M | -73.7% |
| FY2022 | $41.5M | -55.3% |
| FY2021 | $92.8M | +155.8% |
| FY2020 | $36.3M | +342.8% |
| FY2019 | $8.2M | - |
As of FY2024 · SEC Form 10-K · Last checked Jul 2, 2026