Tmc The Metals Stock Current Ratio
| TMC Stock | USD 0.84 0.01 1.20% |
TMC the metals fundamentals help investors to digest information that contributes to TMC The's financial success or failures. It also enables traders to predict the movement of TMC Stock. The fundamental analysis module provides a way to measure TMC The's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TMC The stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 0.28 | 0.27 |
TMC | Current Ratio |
TMC the metals Company Current Ratio Analysis
TMC The's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current TMC The Current Ratio | 5.55 X |
Most of TMC The's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TMC the metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
TMC Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for TMC The is extremely important. It helps to project a fair market value of TMC Stock properly, considering its historical fundamentals such as Current Ratio. Since TMC The's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TMC The's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TMC The's interrelated accounts and indicators.
Click cells to compare fundamentals
TMC Current Ratio Historical Pattern
Today, most investors in TMC The Stock are looking for potential investment opportunities by analyzing not only static indicators but also various TMC The's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of TMC The current ratio as a starting point in their analysis.
TMC The Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, TMC the metals has a Current Ratio of 5.55 times. This is 44.91% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current ratio for all United States stocks is 156.94% lower than that of the firm.
TMC Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TMC The's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TMC The could also be used in its relative valuation, which is a method of valuing TMC The by comparing valuation metrics of similar companies.TMC The is currently under evaluation in current ratio category among its peers.
TMC Fundamentals
| Return On Equity | -5.3 | |||
| Return On Asset | -0.84 | |||
| Current Valuation | 281.49 M | |||
| Shares Outstanding | 324.26 M | |||
| Shares Owned By Insiders | 52.18 % | |||
| Shares Owned By Institutions | 5.73 % | |||
| Number Of Shares Shorted | 9.32 M | |||
| Price To Book | 173.77 X | |||
| Revenue | 72.03 M | |||
| EBITDA | (73.38 M) | |||
| Net Income | (73.78 M) | |||
| Cash And Equivalents | 46.26 M | |||
| Cash Per Share | 0.20 X | |||
| Total Debt | 14 M | |||
| Debt To Equity | 1.66 % | |||
| Current Ratio | 5.55 X | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (59.57 M) | |||
| Short Ratio | 21.46 X | |||
| Earnings Per Share | (0.33) X | |||
| Target Price | 4.1 | |||
| Number Of Employees | 46 | |||
| Beta | 1.69 | |||
| Market Capitalization | 272.67 M | |||
| Total Asset | 68.9 M | |||
| Retained Earnings | (548.9 M) | |||
| Working Capital | (22.51 M) | |||
| Net Asset | 68.9 M |
About TMC The Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TMC the metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TMC The using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TMC the metals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether TMC the metals is a strong investment it is important to analyze TMC The's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TMC The's future performance. For an informed investment choice regarding TMC Stock, refer to the following important reports:Check out TMC The Piotroski F Score and TMC The Altman Z Score analysis. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TMC The. If investors know TMC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TMC The listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) | Return On Assets (0.84) | Return On Equity (5.30) |
The market value of TMC the metals is measured differently than its book value, which is the value of TMC that is recorded on the company's balance sheet. Investors also form their own opinion of TMC The's value that differs from its market value or its book value, called intrinsic value, which is TMC The's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TMC The's market value can be influenced by many factors that don't directly affect TMC The's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TMC The's value and its price as these two are different measures arrived at by different means. Investors typically determine if TMC The is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TMC The's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.