TMC (TMC The Metals Co) Accumulated Depreciation : $-2.52 Mil (As of Dec. 2024)

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What is TMC The Metals Co Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

TMC The Metals Co's quarterly accumulated depreciation stayed the same from Jun. 2024 ($0.00 Mil) to Sep. 2024 ($0.00 Mil) but then increased from Sep. 2024 ($0.00 Mil) to Dec. 2024 ($-2.52 Mil).

TMC The Metals Co's annual accumulated depreciation increased from Dec. 2022 ($-1.82 Mil) to Dec. 2023 ($-2.16 Mil) and increased from Dec. 2023 ($-2.16 Mil) to Dec. 2024 ($-2.52 Mil).

TMC The Metals Co Accumulated Depreciation Historical Data

The historical data trend for TMC The Metals Co's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TMC The Metals Co Accumulated Depreciation Chart

TMC The Metals Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Accumulated Depreciation

-0.95

-1.40

-1.82

-2.16

-2.52

TMC The Metals Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accumulated Depreciation	Get a 7-Day Free Trial													-2.16	-	-	-	-2.52

TMC The Metals Co Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

TMC The Metals Co Accumulated Depreciation Related Terms

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TMC The Metals Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TMC The Metals Co Inc (NAS:TMC) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

1111 West Hastings Street, 15th Floor, Vancouver, BC, CAN, V6E 2J3

Website

https://www.metals.co

TMC The Metals Co Inc is a deep-sea minerals exploration company focused on the collection, processing, and refining of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone (CCZ). Polymetallic nodules are discrete rocks that sit unattached to the seafloor, occur in notable quantities in the CCZ, and have high concentrations of nickel, copper, cobalt, and manganese in a single rock. The company believes these four metals contained in the polymetallic nodules are critical for energy infrastructure and industrial manufacturing. The Company's business consists of only one operating segment, namely exploration of seafloor polymetallic nodules, which includes the development of a metallurgical process to treat such seafloor polymetallic nodules.

Executives

Craig Shesky	officer: Chief Financial Officer	570 BROOME STREET, APT. 13A, NEW YORK NY 10013
Erika Ilves	officer: Head of Strategy & Bus. Devt.	APT. 6403, JADDAF WATERFRONT TOWER D1, DUBAI C0 00000
Andrew Hall	director	16 BARONSFIELD ROAD, TWICKENHAM X0 TW1 2QU
Anthony O'sullivan	officer: Chief Development Officer	19 TENNYSON STREET, BULIMBA, QUEENSLAND C3 4171
Gregory Stone	officer: Chief Ocean Scientist	17350 SUNSET BLVD., 502, PACIFIC PALISADES CA 90272
Allseas Group S.a.	10 percent owner	18 ROUTE DE PRA DE PLAN, CASE POSTALE 411, CHATEL-SAINT-DENIS V8 1618
Andrei Karkar	director, 10 percent owner	323 MARINA BOULEVARD, SAN FRANCISCO CA 94123
Gerard Barron	director, officer: Chief Executive Officer	APT. 6403, JADDAF WATERFRONT TOWER D1, DUBAI C0 00000
Argentum Cedit Virtuti Gcv	10 percent owner	WIEGSTRAAT 21, ANTWERPEN C9 2000
Stichting Administratiekantoor Aequa Lance Foundation	10 percent owner	C/O ALLSEAS GROUP S.A., 18 ROUTE DE PRA DE PLAN, CHATEL-SAINT-DENIS V8 1618
Edward Heerema	10 percent owner	C/O ALLSEAS GROUP S.A., 18 ROUTE DE PRA DE PLAN, CHATEL-SAINT-DENIS V8 1618
Allseas Investments S.a.	10 percent owner	18 ROUTE DE PRA DE PLAN, CHATEL-SAINT-DENIS V8 1618
Andrew Carlyle Greig	director	1 MACQUARIE ST, TENERIFFE, QLD C3 4005
Christian Madsbjerg	director	36 WEST 13TH STREET, NEW YORK NY 10011
Amelia Kinahoi Siamomua	director	3575 BEACHHILL DRIVE, ATLANTA GA 30340