MP Materials Financials

MP Stock  USD 20.84  0.59  2.91%   
Based on the key indicators related to MP Materials' liquidity, profitability, solvency, and operating efficiency, MP Materials Corp is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in December. At this time, MP Materials' Cash is relatively stable compared to the past year. As of 11/28/2024, Non Currrent Assets Other is likely to grow to about 18.9 M, while Accounts Payable is likely to drop slightly above 21.5 M. Key indicators impacting MP Materials' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio7.9810.4208
Way Down
Slightly volatile
The financial analysis of MP Materials is a critical element in measuring its lifeblood. Investors should not minimize MP Materials' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

1.42 Billion

  
Understanding current and past MP Materials Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of MP Materials' financial statements are interrelated, with each one affecting the others. For example, an increase in MP Materials' assets may result in an increase in income on the income statement.

MP Materials Stock Summary

MP Materials competes with Piedmont Lithium, Sigma Lithium, Standard Lithium, Vale SA, and Rio Tinto. MP Materials Corp. owns and operates rare earth mining and processing facilities. The company was founded in 2017 and is headquartered in Las Vegas, Nevada. MP Materials operates under Other Industrial Metals Mining classification in the United States and is traded on New York Stock Exchange. It employs 365 people.
Specialization
Basic Materials, Other Industrial Metals & Mining
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS5533681012
CUSIP553368101 34962V106 34962V205
LocationNevada; U.S.A
Business Address1700 S Pavilion
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitempmaterials.com
Phone702 844 6111
CurrencyUSD - US Dollar

MP Materials Key Financial Ratios

MP Materials Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Current Liab5.9M2.2M4.0M58.6M80.6M84.6M
Other Liab73.0M129.6M138.8M144.5M166.2M122.1M
Net Tangible Assets(18.0M)853.9M954.2M1.3B1.5B1.6B
Retained Earnings(40.8M)(62.6M)72.4M361.4M385.7M405.0M
Accounts Payable14.2M16.2M35.7M15.3M28.0M21.5M
Other Assets26.8M11.3M1.1M8.2M7.4M11.7M
Net Receivables370K3.6M51.0M32.9M29.3M21.5M
Inventory23.0M32.3M38.7M57.6M95.2M47.7M
Total Current Assets27.4M561.0M1.3B1.3B1.1B789.8M

MP Materials Key Income Statement Accounts

The reason investors look at the income statement is to determine what MP Materials' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense3.4M5.0M8.9M5.8M5.6M5.3M
Ebit(3.3M)(34.5M)169.1M346.9M38.3M36.4M

MP Materials Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(9.6M)(9.2M)(8.2M)(24.3M)2.3M2.4M
Change In Cash1.1M502.9M648.7M(1.0B)121.5M127.6M
Net Borrowings(4.1M)(16.8M)687.6M(5.8M)(6.7M)(6.4M)
Depreciation4.7M6.9M24.4M18.4M56.6M59.4M
Capital Expenditures2.3M22.4M123.9M326.6M261.9M136.5M
Net Income(6.8M)(21.8M)135.0M289.0M24.3M23.1M
End Period Cash Flow29.6M532.4M1.2B143.5M265.0M399.7M
Change To Netincome(3.4M)50.4M(15.5M)26.4M30.4M31.9M

MP Materials Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MP Materials's current stock value. Our valuation model uses many indicators to compare MP Materials value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MP Materials competition to find correlations between indicators driving MP Materials's intrinsic value. More Info.
MP Materials Corp is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, MP Materials' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value MP Materials by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

MP Materials Corp Systematic Risk

MP Materials' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MP Materials volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on MP Materials Corp correlated with the market. If Beta is less than 0 MP Materials generally moves in the opposite direction as compared to the market. If MP Materials Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MP Materials Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MP Materials is generally in the same direction as the market. If Beta > 1 MP Materials moves generally in the same direction as, but more than the movement of the benchmark.
This Stock does not participate in any thematic ideas. You can create a thematic portfolio hereView All Thematic Ideas
Today, most investors in MP Materials Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MP Materials' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of MP Materials growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.5)

At this time, MP Materials' Price Earnings To Growth Ratio is relatively stable compared to the past year.

MP Materials November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of MP Materials help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MP Materials Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of MP Materials Corp based on widely used predictive technical indicators. In general, we focus on analyzing MP Materials Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MP Materials's daily price indicators and compare them against related drivers.

Additional Tools for MP Materials Stock Analysis

When running MP Materials' price analysis, check to measure MP Materials' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MP Materials is operating at the current time. Most of MP Materials' value examination focuses on studying past and present price action to predict the probability of MP Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MP Materials' price. Additionally, you may evaluate how the addition of MP Materials to your portfolios can decrease your overall portfolio volatility.