What is TMC the metals company Inc.'s NR — PP&E (net)?

TMC the metals company Inc. (TMC) reported NR — PP&E (net) of $480K in Q1 2026.

What does NR — PP&E (net) mean?

This metric represents the net book value of tangible assets held by the specific geographic or operational segment after accounting for accumulated depreciation and impairment. It reflects the capital intensity of the segment's infrastructure and equipment necessary for exploration and extraction activities. Investors use this to assess the scale of physical investment and the remaining useful life of assets supporting regional operations.

TMC the metals company Inc. TMC NR — PP&E (Net)

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Other financials

Income statement

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Revenue$410.0K+263%

Operating income-$34.0M-88.6%

Net income-$20.6M-0.1%

EPS (diluted)$0.05-16.7%

Balance sheet

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Cash & equivalents$119.7M+5,002%

Total debt$2.5M-57.8%

Total equity-$27.3M-63.1%

Total assets$184.9M+187%

Cash flow

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Operating cash flow-$615.0K+93.4%

CapEx$35.0K-50.0%

Free cash flow-$650.0K+93.1%

Valuation

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Market cap$2.09B+237%

Returns & leverage

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Return on equity-390.9%+322pp

Debt / equity0×—

Current ratio2.2×+2.0×

Where this comes from

Reported directly by TMC the metals company Inc. in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The official record: TMC the metals company Inc.’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TMC the metals company Inc.'s NR — PP&E (net)?: TMC the metals company Inc. (TMC) reported NR — PP&E (net) of $480K in Q1 2026.
What does NR — PP&E (net) mean?: This metric represents the net book value of tangible assets held by the specific geographic or operational segment after accounting for accumulated depreciation and impairment. It reflects the capital intensity of the segment's infrastructure and equipment necessary for exploration and extraction activities. Investors use this to assess the scale of physical investment and the remaining useful life of assets supporting regional operations.