Company / Working Capital
TMC the metals Co Inc. Working Capital History
FY2019-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$49.2M
FY2024
5-year range
-$49.2M / $62.0M
FY2020-FY2024
Trend
-118.5%
vs FY2023
Sector context
#118 of 121
Materials
What the data says
Among 121 Materials companies, TMC the metals Co Inc. is in the bottom 2% for working capital. Working Capital has declined for 3 consecutive years, from $62M in FY2021 to -$49M in FY2024.
Based on SEC 10-K filings.
-$49M in FY2024.
Declined from $8M to -$49M over the past 2 years.
Materials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 2% in MaterialsTop 98% of 121This company -$49.2M Sector average $1.2B
▼
-104.1% below sector average
Key checks
Key Insights
- TMC the metals Co Inc.'s working capital has declined for 3 consecutive years.
- In FY2024, working capital decreased 118.5% year-over-year.
- Ranks #118 out of 121 companies in the Materials sector.
- Peak working capital 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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | -$49.2M | -118.5% |
| FY2023 | -$22.5M | -381.8% |
| FY2022 | $8.0M | -87.1% |
| FY2021 | $62.0M | +2410.6% |
| FY2020 | $2.5M | +2915.3% |
| FY2019 | -$87.7K | - |
As of FY2024 · SEC Form 10-K · Last checked Jul 2, 2026