MP Materials Corp. / DE financial data

Symbol
MP on NYSE
Industry
Metal Mining
Location
1700 S. Pavilion Center Dr., Suite 800, Las Vegas, NV
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Fortress Value Acquisition Corp. (to 11/16/2020)
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 959 % -36.3%
Quick Ratio 84.1 % +15.6%
Debt-to-equity 88 % +24.5%
Return On Equity -3.06 % -123%
Return On Assets -1.63 % -121%
Operating Margin 63.3 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 165M shares -6.9%
Common Stock, Shares, Outstanding 165M shares -6.92%
Entity Public Float 3.6B USD +5.88%
Common Stock, Value, Issued 18K USD +5.88%
Weighted Average Number of Shares Outstanding, Basic 165M shares -6.58%
Weighted Average Number of Shares Outstanding, Diluted 165M shares -7.04%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 509M USD +96.3%
Revenue from Contract with Customer, Excluding Assessed Tax 174M USD -54%
Costs and Expenses 311M USD +36.7%
Operating Income (Loss) -137M USD -191%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -49.7M USD -126%
Income Tax Expense (Benefit) -11.6M USD -180%
Net Income (Loss) Attributable to Parent -38.1M USD -122%
Earnings Per Share, Basic -0.23 USD/shares -123%
Earnings Per Share, Diluted -0.39 USD/shares -142%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 296M USD -68.1%
Cash, Cash Equivalents, and Short-term Investments 937M USD -16.9%
Accounts Receivable, after Allowance for Credit Loss, Current 8.46M USD -23.8%
Inventory, Net 115M USD +70.2%
Assets, Current 1.09B USD -10.9%
Property, Plant and Equipment, Net 1.22B USD +16.5%
Operating Lease, Right-of-Use Asset 9.36M USD -9.16%
Intangible Assets, Net (Excluding Goodwill) 8.28M USD
Other Assets, Noncurrent 12.5M USD +294%
Assets 2.36B USD +3.27%
Accounts Payable, Current 19.8M USD
Employee-related Liabilities, Current 10.8M USD
Accrued Liabilities, Current 74.9M USD
Contract with Customer, Liability, Current 50M USD
Liabilities, Current 158M USD +109%
Deferred Income Tax Liabilities, Net 108M USD -20.6%
Operating Lease, Liability, Noncurrent 6.31M USD -10.4%
Other Liabilities, Noncurrent 5.5M USD +40.4%
Liabilities 1.26B USD +35.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -90K USD +45.8%
Retained Earnings (Accumulated Deficit) 368M USD -9.38%
Stockholders' Equity Attributable to Parent 1.11B USD -18.7%
Liabilities and Equity 2.36B USD +3.27%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -41.1M USD -174%
Net Cash Provided by (Used in) Financing Activities 32.9M USD
Net Cash Provided by (Used in) Investing Activities 40.7M USD -91.2%
Common Stock, Shares Authorized 450M shares 0%
Common Stock, Shares, Issued 178M shares +0.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 32.5M USD -93.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 297M USD -68%
Interest Paid, Excluding Capitalized Interest, Operating Activities 594K USD +466%
Deferred Tax Assets, Valuation Allowance 1.71M USD +393%
Deferred Tax Assets, Gross 58.4M USD +143%
Operating Lease, Liability 7.31M USD +0.16%
Depreciation 59.6M USD +275%
Payments to Acquire Property, Plant, and Equipment 51.8M USD -30.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -38M USD -122%
Lessee, Operating Lease, Liability, to be Paid 9.72M USD
Property, Plant and Equipment, Gross 1.37B USD +21.8%
Operating Lease, Liability, Current 998K USD +223%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.47M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 1.45M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +129%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.93M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.36M USD
Deferred Tax Assets, Operating Loss Carryforwards 25.1M USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 50M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.37M USD
Additional Paid in Capital 944M USD -1.6%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 1M USD
Depreciation, Depletion and Amortization 72M USD +157%
Deferred Tax Assets, Net of Valuation Allowance 56.6M USD +139%
Share-based Payment Arrangement, Expense 25.7M USD -6.03%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%