Total Debt
$1.05B
Net Debt
-$691.2M
MP Materials Corp. currently has $1.05B in total debt. Net debt is -$691.2M after cash offsets. This 'Net Cash' position indicates exceptional financial strength.
Financial Fundamentals
MP • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-03-31 | 1.05 | 1.74 | -0.69Net Cash | 3.84 | 27.3% |
| 2025-12-31 | 1.04 | 1.83 | -0.79Net Cash | 4.01 | 26.0% |
| 2025-09-30 | 1.03 | 1.94 | -0.91Net Cash | 3.80 | 27.2% |
| 2025-06-30 | 0.92 | 0.75 | 0.16 | 2.34 | 39.2% |
| 2025-03-31 | 0.92 | 0.76 | 0.16 | 2.37 | 38.7% |
| 2024-12-31 | 0.91 | 0.85 | 0.06 | 2.33 | 39.2% |
| 2024-09-30 | 0.94 | 0.87 | 0.08 | 2.30 | 41.0% |
| 2024-06-30 | 0.94 | 0.94 | 0.01 | 2.36 | 39.9% |
| 2024-03-31 | 0.94 | 0.95 | -0.00Net Cash | 2.35 | 40.1% |
| 2023-12-31 | 0.69 | 1.00 | -0.31Net Cash | 2.39 | 28.8% |
| 2023-09-30 | 0.69 | 1.08 | -0.39Net Cash | 2.32 | 29.9% |
| 2023-06-30 | 0.69 | 1.13 | -0.44Net Cash | 2.29 | 30.0% |
| 2023-03-31 | 0.68 | 1.17 | -0.49Net Cash | 2.28 | 29.8% |
| 2022-12-31 | 0.68 | 1.18 | -0.50Net Cash | 2.24 | 30.3% |
| 2022-09-30 | 0.68 | 1.26 | -0.59Net Cash | 2.19 | 31.0% |
| 2022-06-30 | 0.68 | 1.26 | -0.59Net Cash | 2.10 | 32.2% |
| 2022-03-31 | 0.68 | 1.23 | -0.56Net Cash | 1.99 | 34.0% |
| 2021-12-31 | 0.69 | 1.18 | -0.49Net Cash | 1.89 | 36.6% |
| 2021-09-30 | 0.71 | 1.18 | -0.47Net Cash | 1.85 | 38.2% |
| 2021-06-30 | 0.72 | 1.20 | -0.48Net Cash | 1.82 | 39.6% |
| 2021-03-31 | 0.73 | 1.18 | -0.45Net Cash | 1.78 | 41.1% |
| 2020-12-31 | 0.07 | 0.52 | -0.45Net Cash | 1.07 | 6.6% |
| 2020-09-30 | 0.10 | 0.03 | 0.07 | 0.16 | 61.5% |
| 2020-06-30 | 0.11 | 0.04 | 0.07 | 0.15 | 73.0% |
| 2019-12-31 | 0.02 | 0.00 | 0.02 | 0.10 | 18.3% |
| 2019-03-31 | 0.00 | 0.00 | -0.00Net Cash | 0.00 | — |