MP Materials Corp.

NYSE MP

MP Materials Corp. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 0.75

MP Materials Corp. Debt to Equity Ratio is 0.75 for the Trailing 12 Months (TTM) ending September 30, 2024, a 48.88% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

MP Materials Corp. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 0.51, a -16.15% change year over year.
MP Materials Corp. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 0.60, a -2.87% change year over year.
MP Materials Corp. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 0.62.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NYSE: MP

MP Materials Corp.

CEO	Mr. James Henry Litinsky
IPO Date	June 22, 2020
Location	United States
Headquarters	6720 Via Austi Parkway
Employees	681
Sector	Materials
Industries Mining

Description

MP Materials Corp. owns and operates rare earth mining and processing facilities. It owns and operates the Mountain Pass Rare Earth mine located in the Western Hemisphere. The company holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals. It offers cerium, lanthanum, neodymium, praseodymium, and samarium. The company was founded in 2017 and is headquartered in Las Vegas, Nevada.

Key trends

Past 5 years