Tmc The Metals Stock Z Score
| TMC Stock | USD 0.90 0.01 1.12% |
TMC | Z Score |
TMC the metals Company Z Score Analysis
TMC The's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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TMC Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for TMC The is extremely important. It helps to project a fair market value of TMC Stock properly, considering its historical fundamentals such as Z Score. Since TMC The's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TMC The's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TMC The's interrelated accounts and indicators.
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
Based on the company's disclosures, TMC the metals has a Z Score of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
TMC The Institutional Holders
Institutional Holdings refers to the ownership stake in TMC The that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of TMC The's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing TMC The's value.| Shares | Geode Capital Management, Llc | 2024-09-30 | 184.2 K | Mariner Wealth Advisors Llc | 2024-06-30 | 151.9 K | Royal Bank Of Canada | 2024-09-30 | 137.6 K | Evoke Wealth, Llc | 2024-06-30 | 129 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 100.4 K | Private Wealth Partners, Llc | 2024-09-30 | 98.7 K | Simplex Trading, Llc | 2024-09-30 | 93.1 K | Caption Management, Llc | 88.6 K | Becker Capital | 2024-09-30 | 88.1 K | First Manhattan Co. Llc | 2024-09-30 | 8.7 M | Baird Financial Group, Inc. | 0012-03-30 | 2.3 M |
TMC Fundamentals
| Return On Equity | -5.3 | ||||
| Return On Asset | -0.84 | ||||
| Current Valuation | 268.94 M | ||||
| Shares Outstanding | 324.26 M | ||||
| Shares Owned By Insiders | 52.18 % | ||||
| Shares Owned By Institutions | 5.73 % | ||||
| Number Of Shares Shorted | 9.32 M | ||||
| Price To Book | 173.77 X | ||||
| Revenue | 72.03 M | ||||
| EBITDA | (73.38 M) | ||||
| Net Income | (73.78 M) | ||||
| Cash And Equivalents | 46.26 M | ||||
| Cash Per Share | 0.20 X | ||||
| Total Debt | 14 M | ||||
| Debt To Equity | 1.66 % | ||||
| Current Ratio | 5.55 X | ||||
| Book Value Per Share | 0.04 X | ||||
| Cash Flow From Operations | (59.57 M) | ||||
| Short Ratio | 21.46 X | ||||
| Earnings Per Share | (0.33) X | ||||
| Target Price | 4.1 | ||||
| Number Of Employees | 46 | ||||
| Beta | 1.69 | ||||
| Market Capitalization | 288.59 M | ||||
| Total Asset | 68.9 M | ||||
| Retained Earnings | (548.9 M) | ||||
| Working Capital | (22.51 M) | ||||
| Net Asset | 68.9 M |
About TMC The Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TMC the metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TMC The using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TMC the metals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether TMC the metals is a strong investment it is important to analyze TMC The's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TMC The's future performance. For an informed investment choice regarding TMC Stock, refer to the following important reports:Check out TMC The Piotroski F Score and TMC The Valuation analysis. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TMC The. If investors know TMC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TMC The listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.33) | Return On Assets (0.84) | Return On Equity (5.30) |
The market value of TMC the metals is measured differently than its book value, which is the value of TMC that is recorded on the company's balance sheet. Investors also form their own opinion of TMC The's value that differs from its market value or its book value, called intrinsic value, which is TMC The's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TMC The's market value can be influenced by many factors that don't directly affect TMC The's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TMC The's value and its price as these two are different measures arrived at by different means. Investors typically determine if TMC The is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TMC The's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.