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Mp Materials Corp   (MP)
Other Ticker:  
 
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials

Mp Materials 's Quick Ratio

MP's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Mp Materials 's Cash & cash equivalent grew by 36.78 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Mp Materials 's Quick Ratio to 6.77, Quick Ratio remained below Mp Materials Corp average.

Within Metal Mining industry 7 other companies have achieved higher Quick Ratio than Mp Materials in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 175, from total ranking in the third quarter 2023 at 535.

Explain Quick Ratio?
How much Cash & cash equivalents MPīs has?
What are MPīs Current Liabilities?


MP Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 11.36 % 28.81 % 14.09 % 82.01 % 125.61 %
Y / Y Cash & cash equivalent Change -29.76 % -35.79 % -66.51 % -58.01 % -11.33 %
Quick Ratio MRQ 6.77 5.58 2.66 5.52 10.73
MP's Total Ranking # 175 # 535 # 977 # 160 # 325
Seq. Current Liabilities Change 12.74 % 27.59 % -19.61 % -3.7 % 30.42 %
Seq. Cash & cash equivalent Change 36.78 % 167.39 % -61.22 % -50.48 % 25.04 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Metal Mining Industry # 8
Basic Materials Sector # 11
Overall Market # 175


Quick Ratio Statistics
High Average Low
38.02 17.38 2.66
(Mar 31 2021)   (Jun 30 2023)




Financial Statements
Mp Materials 's Current Liabilities $ 109 Millions Visit MP's Balance sheet
Mp Materials 's Cash & cash equivalent $ 734 Millions Visit MP's Balance sheet
Source of MP's Sales Visit MP's Sales by Geography


Cumulative Mp Materials 's Quick Ratio

MP's Quick Ratio for the trailling 12 Months

MP Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 11.36 % 28.81 % 14.09 % 82.01 % 125.61 %
Y / Y Cash & cash equivalent TTM Growth -29.76 % -35.79 % -66.51 % -58.01 % -11.33 %
Quick Ratio TTM 5.32 6.34 7.61 9.03 12.81
Total Ranking TTM # 61 # 3303 # 3356 # 506 # 68
Seq. Current Liabilities TTM Growth 12.74 % 27.59 % -19.61 % -3.7 % 30.42 %
Seq. Cash & cash equivalent TTM Growth 36.78 % 167.39 % -61.22 % -50.48 % 25.04 %


On the trailing twelve months basis Due to increase in Current Liabilities in the IV Quarter 2023 to $108.55 millions, cumulative Quick Ratio decreased to 5.32 below the Mp Materials Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Metal Mining industry MP achieved the highest Quick Ratio. While Quick Ratio overall ranking has improved so far to 61, from total ranking during the twelve months ending third quarter 2023 at 3303.

Explain Quick Ratio?
How much Cash & cash equivalents MPīs has?
What are MPīs Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Metal Mining Industry # 1
Basic Materials Sector # 3
Within the Market # 61


trailing twelve months Quick Ratio Statistics
High Average Low
17.59 12.12 5.3
(Mar 31 2022)   (Dec 31 2023)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Metal Mining Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Mag Silver Corp   14.34 $ 68.707  Millions$ 4.791  Millions
Ssr Mining Inc   13.50 $ 513.337  Millions$ 38.015  Millions
Texas Mineral Resources Corp   13.49 $ 0.904  Millions$ 0.067  Millions
Solitario Resources Corp   13.35 $ 8.436  Millions$ 0.632  Millions
Nevada Canyon Gold Corp   11.51 $ 9.744  Millions$ 0.846  Millions
Hycroft Mining Holding Corporation  10.42 $ 106.210  Millions$ 10.196  Millions
Nexgen Energy Ltd   10.42 $ 222.709  Millions$ 21.381  Millions
Goldmining Inc   9.21 $ 16.537  Millions$ 1.796  Millions
Ur energy Inc   7.34 $ 59.700  Millions$ 8.129  Millions
Mp Materials Corp   6.77 $ 734.493  Millions$ 108.550  Millions
Vista Gold Corp   6.46 $ 6.069  Millions$ 0.939  Millions
Trilogy Metals Inc   6.00 $ 2.590  Millions$ 0.432  Millions
Ivanhoe Electric Inc   5.60 $ 205.043  Millions$ 36.620  Millions
Bunker Hill Mining Corp   4.88 $ 20.103  Millions$ 4.119  Millions
Uranium Energy Corp  3.77 $ 82.287  Millions$ 21.842  Millions
Vox Royalty Corp   3.22 $ 9.343  Millions$ 2.904  Millions
New Found Gold Corp   3.01 $ 43.803  Millions$ 14.560  Millions
Enertopia Corp   2.71 $ 0.862  Millions$ 0.318  Millions
Gatos Silver Inc   1.66 $ 55.484  Millions$ 33.357  Millions
Silvercrest Metals Inc   1.66 $ 85.964  Millions$ 51.773  Millions
Idaho Strategic Resources Inc   1.49 $ 2.572  Millions$ 1.729  Millions
Royal Gold inc  1.44 $ 104.167  Millions$ 72.422  Millions
Westwater Resources inc   1.42 $ 10.852  Millions$ 7.653  Millions

Date modified: 2024-02-28T20:29:59+00:00



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