TMC The Metals Co (TMC The Metals Co) Total Current Assets : $8.82 Mil (As of Dec. 2023)

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What is TMC The Metals Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. TMC The Metals Co's total current assets for the quarter that ended in Dec. 2023 was $8.82 Mil.

TMC The Metals Co Total Current Assets Historical Data

The historical data trend for TMC The Metals Co's Total Current 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.

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TMC The Metals Co Total Current Assets Chart

TMC The Metals Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Current Assets

10.23

88.56

49.60

8.82

TMC The Metals Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial									49.60	31.62	21.64	27.87	8.82

TMC The Metals Co Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

TMC The Metals Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.842	+	0.467	+	0	+	1.511
	=	8.82

TMC The Metals Co's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.842	+	0.467	+	0	+	1.511
	=	8.82

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

TMC The Metals Co (NAS:TMCWW) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

TMC The Metals Co's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.842	-	57.978	+	0.75 * 0	+	0.5 * 0
=	-51.14

TMC The Metals Co Total Current Assets Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TMC The Metals Co Inc (NAS:TMCWW) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

TMC:USA

Address

595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5

Website

https://www.metals.co

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.