The Metals Royalty Company (TMCR) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), The Metals Royalty Company reported total assets of $32.95M and total liabilities of $1.76M. Shareholders' equity was $31.19M, up 45.7% from $21.40M a year earlier. Total debt stood at $0.00 against $18.37M in cash and short-term investments, a net cash position of $18.37M. That puts debt-to-equity at 0.00.

The Metals Royalty Company Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for The Metals Royalty Company Inc. (TMCR) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023
Period ending	Dec 2025	Dec 2024	Dec 2023
Current Assets
Cash and Cash Equivalents	18.37	1.40	0.86
Cash & Short-Term Investments	18.37	1.40	0.86
Accounts Receivable	0.24	0.26	0.23
Inventory	0.00	-	-
Other Current Assets	0.20	0.00	0.01
Total Current Assets	18.85	1.66	1.09
Non-Current Assets
Property, Plant & Equipment (Net)	0.01	19.81	20.40
Long-Term Investments	14.08	19.81	20.40
Intangible Assets	14.08	19.81	20.40
Other Non-Current Assets	0.00	-	-
Total Non-Current Assets	14.09	19.81	20.40
Total Assets	32.95	21.47	21.49
Current Liabilities
Accounts Payable	1.76	0.03	0.13
Accrued Liabilities	-	0.04	0.02
Other Current Liabilities	0.00	0.04	0.02
Total Current Liabilities	1.76	0.07	0.15
Non-Current Liabilities
Long-Term Debt	0.00	-	-
Other Non-Current Liabilities	0.00	-	-
Total Non-Current Liabilities	0.00	-	-
Total Liabilities	1.76	0.07	0.15
Stockholders' Equity
Common Stock	35.47	26.05	26.05
Retained Earnings	-4.97	-6.08	-5.80
Additional Paid-in Capital	0.68	1.44	1.10
Shares Outstanding	55.06	55.06	55.06
Total Stockholders' Equity	31.19	21.40	21.34
Total Liabilities & Equity	32.95	21.47	21.49

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About The Metals Royalty Company Balance Sheet

How much debt does The Metals Royalty Company have?

The Metals Royalty Company had total debt of $0.00 as of Dec 31, 2025, against $18.37M in cash and short-term investments. Its debt-to-equity ratio was 0.00.

What are The Metals Royalty Company's total assets?

The Metals Royalty Company reported total assets of $32.95M as of Dec 31, 2025, up 53.5% from $21.47M a year earlier. Total liabilities were $1.76M.

What is The Metals Royalty Company's shareholders' equity?

The Metals Royalty Company's shareholders' equity was $31.19M as of Dec 31, 2025, or about $0.57 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition