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TMC The Metals Co (TMC The Metals Co) Scaled Net Operating Assets : 0.05 (As of Dec. 2023)


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What is TMC The Metals Co Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

TMC The Metals Co's operating assets for the quarter that ended in Dec. 2023 was $62.05 Mil. TMC The Metals Co's operating liabilities for the quarter that ended in Dec. 2023 was $57.98 Mil. TMC The Metals Co's Total Assets for the quarter that ended in Sep. 2023 was $87.57 Mil. Therefore, TMC The Metals Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.05.


TMC The Metals Co Scaled Net Operating Assets Historical Data

The historical data trend for TMC The Metals Co's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TMC The Metals Co Scaled Net Operating Assets Chart

TMC The Metals Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.48 0.14 -0.04 0.04

TMC The Metals Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 0.29 0.28 0.44 0.05

Competitive Comparison of TMC The Metals Co's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, TMC The Metals Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TMC The Metals Co's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, TMC The Metals Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where TMC The Metals Co's Scaled Net Operating Assets falls into.



TMC The Metals Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

TMC The Metals Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(62.054-57.978)/94.777
=0.04

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=68.896 - 6.842
=62.054

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=57.978 - 0 - 0
=57.978

TMC The Metals Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(62.054-57.978)/87.574
=0.05

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=68.896 - 6.842
=62.054

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=57.978 - 0 - 0
=57.978

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TMC The Metals Co Scaled Net Operating Assets Related Terms

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TMC The Metals Co (TMC The Metals Co) Business Description

Traded in Other Exchanges
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5
TMC The Metals Co Inc is a deep-sea minerals exploration company focused on the collection, processing and refining of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone. Geographically, the company has its presence in Nauru, Singapore, Tonga and North America.

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