TMC

The Inside Scoop on TMC The Metals Co Inc.'s Q3 2023 Performance

Alright! Buckle up, you value-seeking, stock-twirling maverick, we're diving headfirst into the balance sheet of TMC the Metals Co Inc. (*cue drumroll*). Reaching deep into the crypt of financial wizardry, we unveil the Q3 2023 performance of TMC.

TMC, a titan in the metals industry, has a total asset value of a whopping 87,574,000 USD. Of this, 27,873,000 USD sit pretty as current assets—a mixed bag of cash, accounts receivable, and inventory, while noncurrent assets stand tall at 59,701,000 USD. We flip to the liability side, and we see a figure of 32,216,000 USD. A chunk of this, 19,344,000 USD, to be precise, are current liabilities. Now, let’s do some math: Trim the liabilities from total assets, and hey presto! We've got the company's equity, an impressive 55,358,000 USD. Now that's a bounty worth some serious pirate attention!

Let's steer our gaze towards the cash flow. TMC’s net cash flow from operating activities is a jarring -12,502,000 USD. A scar on an otherwise healthy financial face, but hey, every rose has its thorns. The company seems to have waved a magic wand in net cash flow from financing activities, conjuring up 15,137,000 USD. However, the slim figure from investing activities, -100,000 USD, is something to be wary about, particularly for the growth-focused investor.

Are you ready to brace the stormy sea of revenue and expenses? Hold tight, as we navigate! TMC’s total revenues stand at 319,000 USD, their operating expenses overshadowing at 12,837,000 USD. A leviathan income/loss from continuing operations before tax scrolls at -12,467,000 USD. 'Twas a treacherous journey, my stock-sleuthing explorer, but we made it!

In a nutshell, TMC presents a bittersweet symphony. Despite a lean revenue figure and potentially stormy cash flow predicament, the robust equity could be the silver lining. But remember, every investor is the captain of their ship. So, will you hoist the anchor or sail towards the horizon of opportunity?

We landlubbers now leave you to navigate the thrilling high seas of investment decisions. Until we meet again in the world of balance sheets and bling, fair winds and following seas!

Disclaimer: Investing in the stock market involves risk, and past performance is not indicative of future results.