TMC the metals (TMC) Debt Ratio (2024 - 2026)
TMC the metals' (TMC) quarterly Debt Ratio came in at 0.0 in Q2 2026, down 89.79% on a YoY basis from 0.03 in Q2 2025, and down 96.04% quarter-over-quarter from 0.07 in Q4 2025.
Analysis
TMC the metals (TMC) Debt Ratio (2024 - 2026) Analysis & Trends
TMC the metals (TMC) has reported Debt Ratio for 3 consecutive years, with 0.0 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 89.79% year-over-year to 0.0; the trailing twelve-month figure through Jun 2026 stood at 0.0 (down 89.79% YoY), and the FY2025 full-year result was 0.07, down 80.34% from the prior year.
- Debt Ratio fell to 0.0 in Q2 2026 per TMC's latest filing, from 0.07 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.37 in Q4 2024 and bottomed at 0.0 in Q2 2026.
- Historically, Debt Ratio has averaged 0.18 across 3 years, with a median of 0.19 in 2024.
- The sharpest annual moves came in 2025 and 2026: Debt Ratio sank 80.34% in 2025, then sank 89.79% in 2026.
- Over 3 years, Debt Ratio stood at 0.37 in 2024, then plunged by 80.34% to 0.07 in 2025, then tumbled by 96.04% to 0.0 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.0, 0.07, and 0.03 for Q2 2026, Q4 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 174.97 Bn | 167.64 Bn | 2.90 Bn | 0.33 |
| 2 | Freeport-Mcmoran | 109.93 Bn | 105.85 Bn | 2.19 Bn | 0.18 |
| 3 | Teck Resources | 32.69 Bn | 28.21 Bn | 1.21 Bn | 0.20 |
| 4 | Carpenter Technology | 22.96 Bn | 22.57 Bn | 268.90 Mn | 0.18 |
| 5 | Hudbay Minerals | 11.39 Bn | 10.34 Bn | 269.00 Mn | - |
| 6 | Ero Copper | 3.97 Bn | 3.87 Bn | 121.42 Mn | 0.26 |
| 7 | Almonty Industries | 3.80 Bn | 2.92 Bn | 18.87 Mn | 0.49 |
| 8 | Nexa Resources | 1.89 Bn | 1.49 Bn | 257.20 Mn | 0.02 |
| 9 | TMC the metals | 1.86 Bn | 1.76 Bn | - | 0.00 |
| 10 | Ivanhoe Electric | 1.73 Bn | 1.73 Bn | 368,000.00 | 0.06 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.00 |
| Dec 31, 2025 | 0.07 |
| Jun 30, 2025 | 0.03 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.37 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.19 |