TMC the metals (TMC) Interest Coverage Ratio (2020 - 2025)
TMC the metals' (TMC) quarterly Interest Coverage Ratio came in at 223.52 in Q4 2025, down 263.7% YoY from 136.55 in Q4 2024, and down 1.72% on a QoQ basis from 219.75 in Q2 2025.
TMC the metals (TMC) Interest Coverage Ratio (2020 - 2025) Analysis & Trends
TMC the metals (TMC) has 6 years of Interest Coverage Ratio data on file, last reported at 223.52 in Q4 2025.
- Quarterly Interest Coverage Ratio fell 263.7% year-over-year to 223.52 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 163.23 (up 16.46% YoY) and the FY2025 annual result came in at 3.41, down 10.69% from the prior year.
- Interest Coverage Ratio retreated to 223.52 in Q4 2025, from 219.75 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 1.62 in Q4 2021 to a low of 405.9 in Q2 2024.
- A 5-year average of 135.63 and a median of 70.34 in 2022 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio sank 4233.0% — and 2023, when it surged 91.28%.
- Tracing TMC's Interest Coverage Ratio over 5 years: stood at 1.62 in 2021, then slumped by 4233.0% to 70.34 in 2022, then surged by 91.28% to 6.13 in 2023, then slumped by 902.47% to 61.46 in 2024, then sank by 263.7% to 223.52 in 2025.
- The last three Interest Coverage Ratio figures came in at 223.52 (Q4 2025), 219.75 (Q2 2025), and 32.28 (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 244.12 Bn | 214.67 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.58 Bn | 28.37 Bn | 1.21 Bn | -7.77 |
| 4 | MP Materials | 10.32 Bn | 7.85 Bn | 36.20 Mn | -3.30 |
| 5 | Almonty Industries | 5.22 Bn | 4.33 Bn | 18.87 Mn | 1.26 |
| 6 | Materion | 4.75 Bn | 4.73 Bn | 104.34 Mn | 6.87 |
| 7 | Skeena Resources | 4.27 Bn | 3.85 Bn | - | 3.50 |
| 8 | USA Rare Earth | 4.23 Bn | 4.23 Bn | -1.58 Mn | -12.28 |
| 9 | Evolution Metals & Technologies | 2.71 Bn | 2.71 Bn | -115,000.00 | - |
| 10 | TMC the metals | 1.83 Bn | 1.73 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -223.53 |
| Jun 30, 2025 | -219.75 |
| Mar 31, 2025 | -32.28 |
| Dec 31, 2024 | -61.46 |
| Sep 30, 2024 | -199.62 |
| Jun 30, 2024 | -405.90 |
| Dec 31, 2023 | -6.13 |
| Dec 31, 2022 | -70.34 |
| Dec 31, 2021 | -1.62 |
| Dec 31, 2020 | -0.47 |
| Jun 30, 2020 | -0.37 |