MP Materials Corp. / DE financial data

Symbol
MP on NYSE
Industry
Metal Mining
Location
1700 S. Pavilion Center Dr., Suite 800, Las Vegas, Nevada
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Fortress Value Acquisition Corp. (to 11/16/2020)
Latest financial report
Q1 2024 - May 3, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.2K % -24.6%
Quick Ratio 89.7 % +33.4%
Debt-to-equity 77.4 % +5.27%
Return On Equity 0.26 % -98.6%
Return On Assets 0.14 % -98.6%
Operating Margin 63.3 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 165M shares -6.93%
Common Stock, Shares, Outstanding 165M shares -6.93%
Entity Public Float 3.6B USD +5.88%
Common Stock, Value, Issued 18K USD +5.88%
Weighted Average Number of Shares Outstanding, Basic 175M shares -1.31%
Weighted Average Number of Shares Outstanding, Diluted 187M shares -3.52%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 509M USD +96.3%
Revenue from Contract with Customer, Excluding Assessed Tax 206M USD -54.8%
Costs and Expenses 290M USD +36.8%
Operating Income (Loss) -83.1M USD -134%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 11.4M USD -95.8%
Income Tax Expense (Benefit) 8.06M USD -75%
Net Income (Loss) Attributable to Parent 3.35M USD -98.6%
Earnings Per Share, Basic 0.02 USD/shares -98.5%
Earnings Per Share, Diluted -0.14 USD/shares -111%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 296M USD -54.5%
Cash, Cash Equivalents, and Short-term Investments 947M USD -19%
Accounts Receivable, after Allowance for Credit Loss, Current 21.6M USD +1.67%
Inventory, Net 109M USD +75.6%
Assets, Current 1.11B USD -12.7%
Property, Plant and Equipment, Net 1.2B USD +19.4%
Operating Lease, Right-of-Use Asset 9.71M USD -5.78%
Intangible Assets, Net (Excluding Goodwill) 8.58M USD
Other Assets, Noncurrent 8.89M USD +92%
Assets 2.35B USD +3.2%
Accounts Payable, Current 26.1M USD
Employee-related Liabilities, Current 8.7M USD
Accrued Liabilities, Current 74M USD
Liabilities, Current 108M USD +14.6%
Deferred Income Tax Liabilities, Net 122M USD -6.04%
Operating Lease, Liability, Noncurrent 6.57M USD
Other Liabilities, Noncurrent 4.25M USD -4.86%
Liabilities 1.22B USD +30.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -130K USD -199%
Retained Earnings (Accumulated Deficit) 402M USD +0.84%
Stockholders' Equity Attributable to Parent 1.14B USD -15.8%
Liabilities and Equity 2.35B USD +3.2%

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 +0.39%
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 -54.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 594K USD +466%
Deferred Tax Assets, Valuation Allowance 1.71M USD +393%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 58.4M USD +143%
Operating Lease, Liability 7.55M USD +3.38%
Depreciation 53.7M USD +499%
Payments to Acquire Property, Plant, and Equipment 51.8M USD -30.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 3.09M USD -98.7%
Lessee, Operating Lease, Liability, to be Paid 9.72M USD
Property, Plant and Equipment, Gross 1.33B USD +24.3%
Operating Lease, Liability, Current 974K USD
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%
Deferred Income Tax Expense (Benefit) 8.46M USD -52.5%
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
Deferred Federal Income Tax Expense (Benefit) 11.3M USD -41.1%
Current Income Tax Expense (Benefit) 313K USD -99.1%
Preferred Stock, Shares Authorized 50M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.37M USD
Additional Paid in Capital 938M USD -1.53%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 135K USD -98.6%
Current Federal Tax Expense (Benefit) 178K USD -99.3%
Amortization of Intangible Assets 300K USD
Depreciation, Depletion and Amortization 66M USD +211%
Deferred Tax Assets, Net of Valuation Allowance 56.6M USD +139%
Share-based Payment Arrangement, Expense 25.7M USD -11.5%
Deferred State and Local Income Tax Expense (Benefit) -2.88M USD -99%
Interest Expense 5.25M USD -9.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%