MP Materials Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has MP Materials Corp.'s balance sheet done over the years? Its assets were worth $2,336,452,000 last year, which is more than in the previous period. 42% of MP Materials Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $970,673,000, which means an increase by 5% compared compared to last year.
Debt to Assets
| 2019 | 101794000 | 119.81M | 117.7% |
|---|---|---|---|
| 2020 | 1074288000 | 220.41M | 20.52% |
| 2021 | 1889666000 | 880.93M | 46.62% |
| 2022 | 2237787000 | 925.15M | 41.34% |
| 2023 | 2336452000 | 970.67M | 41.54% |
MP Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 263.35M | 136.62M | 1.17B | 519.65M | 2.75M |
Short term investments | 734.49M | 1.04B | 0 | 0 | 0 |
Net receivables | 29.33M | 35.05M | 51.00M | 3.58M | 370K |
Inventory | 95.18M | 57.55M | 38.69M | 32.27M | 23.04M |
Other current assets | 8.82M | 18.87M | 7.80M | 5.53M | 1.23M |
Total current assets | 1.13B | 1.29B | 1.27B | 561.04M | 27.40M |
Non-current assets: | |||||
Property, Plant and Equipment | 1.16B | 935.74M | 611.37M | 503.00M | 46.97M |
Goodwill | 0 | -684K | 0 | 0 | 0 |
Intangible assets | 8.88M | 89K | 0 | 0 | 0 |
Long term investments | 9.67M | 595K | 516K | 9.1M | 0 |
Other non-current assets | 18.01M | -114.13M | -103.01M | -77.23M | 27.41M |
Total non-current assets | 1.20B | 943.95M | 612.85M | 513.24M | 74.38M |
Total assets | 2.33B | 2.23B | 1.88B | 1.07B | 101.79M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 122.35M | 3.46M | -16.15M | 6.60M |
Short term debt | 0 | 2.39M | 16.33M | 24.73M | 4.67M |
Total current liabilities | 108.55M | 97.48M | 59.54M | 43.06M | 31.31M |
| Non-current liabilities: | |||||
Long term debt | 688.80M | 678.44M | 675.48M | 46.07M | 13.99M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 25.08M | 26.87M | 7.19M | 1.62M | 5.05M |
Total non-current liabilities | 862.12M | 827.67M | 821.39M | 177.35M | 88.50M |
Total liabilities | 970.67M | 925.15M | 880.93M | 220.41M | 119.81M |
| Data source | Data source | Data source | Data source |