TMC the metals (TMC) Debt to Equity (2024 - 2025)

TMC the metals (TMC) reported Debt to Equity of -$0.4 for Q4 2025, up 41.96% on a YoY basis from -$0.28 in Q4 2024, and down 1418.8% quarter-over-quarter from $0.03 in Q2 2025.

TMC the metals (TMC) Debt to Equity (2024 - 2025) Analysis & Trends

TMC the metals has reported Debt to Equity for 2 years, with the latest figure at -$0.4 in Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity rose 41.96% year-over-year to -$0.4; the trailing twelve-month figure through Dec 2025 stood at -$0.4 (up 41.96% YoY), and the FY2025 full-year result was -$0.4, up 41.96% from the prior year.
  • Debt to Equity for Q4 2025 stood at -$0.4, down from $0.03 in the prior quarter.
  • The five-year high for Debt to Equity was $0.03 in Q2 2025, with the low at -$0.69 in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 0.18
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - -
4 Ioneer 10.78 Bn 10.76 Bn - -
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 0.51
6 Iperionx 8.57 Bn 8.52 Bn - 0.03
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 0.51
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn -
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -
10 TMC the metals 76.80 Mn -40.83 Mn - -0.40

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.40
Jun 30, 2025 0.03
Mar 31, 2025 -0.60
Dec 31, 2024 -0.69
Sep 30, 2024 -0.43
Jun 30, 2024 -0.61