Free Trial
→ 'Nobody will remember Tesla cars…' (From The Oxford Club) (Ad)tc pixel Free METCB Stock Alerts

Ramaco Resources (METCB) Financials

Ramaco Resources logo
$10.53 -0.03 (-0.28%)
Closing price 04:00 PM Eastern
Extended Trading
$10.57 +0.04 (+0.38%)
As of 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Compare
Annual Income Statements for Ramaco Resources

Annual Income Statements for Ramaco Resources

This table shows Ramaco Resources' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 0.00 -7.52 -15 25 25 -4.91 40 116 82 11 -51
Consolidated Net Income / (Loss)		 0.00 -7.52 -15 25 25 -4.91 40 116 82 11 -51
Net Income / (Loss) Continuing Operations		 0.00 -7.52 -15 25 25 -4.91 40 116 82 11 -51
Total Pre-Tax Income 		0.00 -7.52 -15 25 30 -8.39 44 146 105 15 -62
Total Operating Income		 0.00 -7.53 -16 24 30 -19 40 150 95 17 -56
Total Gross Profit		 0.00 0.82 0.52 51 68 23 88 233 200 133 83
Total Revenue		 0.00 5.22 61 228 230 169 283 566 694 666 537
Operating Revenue		 0.00 5.22 61 228 230 169 283 566 694 666 537
Total Cost of Revenue		 0.00 4.40 61 177 162 146 195 333 494 533 453
Operating Cost of Revenue		 - 4.40 61 177 162 146 195 333 494 533 453
Total Operating Expenses		 0.00 8.35 16 27 38 43 48 82 104 116 139
Selling, General & Admin Expense		 - 7.87 13 14 18 21 22 40 49 49 69
Depreciation Expense		 - 0.25 3.15 12 20 21 26 41 54 66 68
Other Operating Expenses / (Income)		 - 0.23 0.41 0.49 0.51 0.57 0.62 1.12 1.40 1.47 1.67
Total Other Income / (Expense), net		 0.00 0.02 0.48 1.09 0.57 11 4.87 -4.19 9.42 -1.72 -6.18
Interest & Investment Income		 - 0.14 0.27 - - -1.22 -2.56 -6.83 -8.90 -6.12 -7.80
Other Income / (Expense), net		 - 0.00 0.20 2.52 1.76 12 7.43 2.64 18 4.41 1.62
Income Tax Expense		 - 0.00 - 0.11 5.16 -3.48 4.65 30 22 3.73 -11
Basic Earnings per Share		 $0.00 $0.00 ($0.41) $0.63 $0.61 ($0.12) $0.90 $2.63 $1.77 $0.72 ($0.99)
Weighted Average Basic Shares Outstanding		 - 0.00 37.58M 40.04M 40.84M 42.46M 44.27M 44.45M 53.09M 54.00M 67.12M
Diluted Earnings per Share		 $0.00 $0.00 ($0.41) $0.62 $0.61 ($0.12) $0.90 $2.60 $1.73 $0.69 ($0.99)
Weighted Average Diluted Shares Outstanding		 - 0.00 37.58M 40.26M 40.84M 42.46M 44.27M 44.45M 53.09M 54.00M 67.12M
Weighted Average Basic & Diluted Shares Outstanding		 - - 40.08M 40.84M 40.95M 42.64M 44.27M 44.45M 53.09M 54.00M 67.12M

Quarterly Income Statements for Ramaco Resources

This table shows Ramaco Resources' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 7.56 19 30 2.03 5.54 -0.24 3.86 -9.46 -14 -13 -15
Consolidated Net Income / (Loss)		 7.56 19 30 2.03 5.54 -0.24 3.86 -9.46 -14 -13 -15
Net Income / (Loss) Continuing Operations		 7.56 19 30 2.03 5.54 -0.24 3.86 -9.46 -14 -13 -15
Total Pre-Tax Income 		10 25 39 2.57 6.46 -0.18 6.07 -14 -16 -17 -16
Total Operating Income		 10 16 37 3.28 5.42 1.59 6.35 -12 -14 -14 -16
Total Gross Profit		 38 42 63 33 33 33 35 21 19 19 25
Total Revenue		 137 187 203 173 155 167 171 135 153 121 128
Total Cost of Revenue		 99 145 139 140 123 135 136 114 134 102 103
Operating Cost of Revenue		 99 145 139 140 123 135 136 114 134 102 103
Total Operating Expenses		 28 26 26 30 27 31 28 33 33 34 41
Selling, General & Admin Expense		 14 11 11 14 11 13 11 15 15 16 23
Depreciation Expense		 14 14 14 15 16 18 17 18 17 17 16
Other Operating Expenses / (Income)		 0.35 0.35 0.36 0.35 0.35 0.43 0.40 0.40 0.40 0.28 0.59
Total Other Income / (Expense), net		 -0.02 8.89 1.62 -0.70 1.04 -1.70 -0.28 -1.73 -2.16 -2.25 -0.05
Income Tax Expense		 2.47 5.51 8.83 0.54 0.92 0.06 2.21 -4.29 -2.03 -3.30 -1.08
Basic Earnings per Share		 $0.17 $0.41 $0.62 $0.24 $0.26 $0.00 ($0.18) ($0.39) ($0.41) $0.00 ($0.19)
Weighted Average Basic Shares Outstanding		 52.69M 52.69M 53.09M 53.09M 52.45M 52.53M 54.00M 54.70M 55.23M 66.00M 67.12M
Diluted Earnings per Share		 $0.17 $0.40 $0.59 $0.23 $0.26 $0.00 ($0.17) ($0.39) ($0.41) $0.00 ($0.19)
Weighted Average Diluted Shares Outstanding		 52.69M 52.69M 53.09M 53.09M 52.45M 52.53M 54.00M 54.70M 55.23M 66.00M 67.12M
Weighted Average Basic & Diluted Shares Outstanding		 52.69M 52.69M 53.09M 53.09M 52.45M 52.53M 54.00M 54.70M 55.23M 66.00M 67.12M

Annual Cash Flow Statements for Ramaco Resources

This table details how cash moves in and out of Ramaco Resources' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 0.99 4.20 1.02 1.16 -0.52 -0.16 16 14 6.31 -8.96 407
Net Cash From Operating Activities		 -1.92 -3.86 -8.47 36 42 13 53 188 161 113 1.97
Net Cash From Continuing Operating Activities		 -1.92 -3.86 -8.47 36 42 13 53 188 161 113 1.97
Net Income / (Loss) Continuing Operations		 -2.34 -7.52 -15 25 25 -4.91 40 116 82 11 -51
Consolidated Net Income / (Loss)		 -2.34 -7.52 -15 25 25 -4.91 40 116 82 11 -51
Depreciation Expense		 0.00 0.25 3.15 12 20 21 26 41 54 66 68
Amortization Expense		 - 0.00 - 0.57 0.06 0.06 0.21 0.49 0.78 0.93 2.71
Non-Cash Adjustments To Reconcile Net Income		 0.07 3.62 3.23 3.13 4.57 -3.73 0.47 7.98 4.12 19 19
Changes in Operating Assets and Liabilities, net		 0.34 -0.22 0.57 -5.02 -6.70 0.98 -13 22 20 16 -37
Net Cash From Investing Activities		 -3.46 -77 -20 -43 -46 -25 -60 -146 -72 -71 -84
Net Cash From Continuing Investing Activities		 -3.46 -77 -20 -43 -46 -25 -60 -145 -72 -71 -84
Purchase of Property, Plant & Equipment		 -4.85 -17 -75 -48 -46 -25 -29 -123 -83 -69 -83
Sale of Property, Plant & Equipment		 - - - - - - 0.00 0.00 11 0.00 0.00
Other Investing Activities, net		 1.39 - - - - 0.00 0.00 -9.90 -0.56 -1.99 -0.63
Net Cash From Financing Activities		 6.37 86 29 7.92 2.83 11 22 -28 -83 -51 489
Net Cash From Continuing Financing Activities		 6.37 86 29 7.92 2.83 11 22 -28 -83 -51 489
Repayment of Debt		 -1.39 -0.92 -11 -23 -70 -46 -29 -47 -179 -199 -92
Payment of Dividends		 0.00 0.00 -5.41 - - 0.00 0.00 -20 -26 -25 -4.34
Issuance of Debt		 1.02 0.86 - 31 74 50 54 42 130 197 450
Issuance of Common Equity		 0.00 0.00 48 - - - - - 0.00 0.00 189
Other Financing Activities, net		 6.74 1.88 -0.13 -0.99 -0.59 6.84 -3.34 -3.08 -7.32 -24 -54
Cash Interest Paid		 0.00 0.11 0.09 0.83 1.00 1.10 1.60 7.06 8.11 4.76 8.06
Cash Income Taxes Paid		 0.00 0.00 0.00 0.00 0.00 0.02 0.01 16 0.77 1.23 2.24

Quarterly Cash Flow Statements for Ramaco Resources

This table details how cash moves in and out of Ramaco Resources' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Change in Cash & Equivalents		 -2.73 9.04 -1.00 -11 -2.93 -4.71 10 10 -15 166 247
Net Cash From Operating Activities		 28 70 42 25 34 37 16 26 -4.26 -1.44 -18
Net Cash From Continuing Operating Activities		 28 70 42 25 34 37 16 26 -4.26 -1.44 -18
Net Income / (Loss) Continuing Operations		 7.56 19 30 2.03 5.54 -0.24 3.86 -9.46 -14 -13 -15
Consolidated Net Income / (Loss)		 7.56 19 30 2.03 5.54 -0.24 3.86 -9.46 -14 -13 -15
Depreciation Expense		 14 14 14 15 16 18 17 18 17 17 16
Amortization Expense		 0.21 0.21 0.21 0.21 0.23 0.22 0.27 0.35 0.36 0.87 1.13
Non-Cash Adjustments To Reconcile Net Income		 1.98 0.57 -1.73 5.03 4.94 4.32 4.61 3.76 5.15 5.13 5.22
Changes in Operating Assets and Liabilities, net		 4.92 35 -1.36 2.70 7.82 15 -9.77 14 -13 -11 -27
Net Cash From Investing Activities		 -21 -14 -14 -19 -21 -18 -13 -22 -14 -20 -28
Net Cash From Continuing Investing Activities		 -21 -14 -14 -19 -21 -18 -13 -22 -14 -20 -28
Purchase of Property, Plant & Equipment		 -24 -17 -18 -19 -21 -18 -11 -20 -15 -20 -28
Other Investing Activities, net		 3.00 2.98 -7.72 0.07 0.09 -0.33 -1.81 -1.94 1.05 0.22 0.05
Net Cash From Financing Activities		 -9.48 -47 -28 -18 -16 -24 7.19 6.67 3.02 187 292
Net Cash From Continuing Financing Activities		 -9.48 -47 -28 -18 -16 -24 7.19 6.67 3.02 187 292
Repayment of Debt		 -25 -63 -41 -55 -53 -49 -38 -7.17 -23 -71 9.26
Issuance of Debt		 33 18 35 52 45 40 60 19 28 70 334
Other Financing Activities, net		 -11 5.96 -14 -5.75 - -7.44 -15 -2.68 - -0.92 -50

Annual Balance Sheets for Ramaco Resources

This table presents Ramaco Resources' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 119 148 188 227 229 329 596 666 675 1,141
Total Current Assets		 63 29 35 44 42 87 147 190 168 598
Cash & Equivalents		 5.20 5.93 6.95 5.53 5.30 22 36 42 33 440
Accounts Receivable		 0.91 7.17 11 19 20 44 41 97 74 54
Inventories, net		 1.52 10 14 15 12 16 45 37 43 87
Prepaid Expenses		 0.39 1.10 3.15 4.27 4.95 4.63 26 14 18 16
Plant, Property, & Equipment, net		 46 115 149 178 181 227 430 459 482 512
Total Noncurrent Assets		 9.52 3.19 4.02 4.29 5.59 15 19 17 25 31
Noncurrent Note & Lease Receivables		 - - - - 0.00 9.13 13 10 12 16
Other Noncurrent Operating Assets		 4.32 3.19 4.02 4.29 5.59 6.07 6.10 6.72 13 15
Total Liabilities & Shareholders' Equity		 119 148 188 227 229 329 596 666 675 1,141
Total Liabilities		 35 35 47 57 60 118 287 296 312 657
Total Current Liabilities		 15 22 30 26 29 47 163 170 122 110
Short-Term Debt		 0.50 0.00 5.00 3.33 4.87 7.67 36 57 0.36 0.06
Accounts Payable		 8.96 20 16 11 12 15 35 52 49 42
Accrued Expenses		 1.17 2.82 8.09 12 12 19 42 52 62 55
Other Current Liabilities		 4.73 0.07 0.36 0.68 0.91 4.23 51 9.60 12 13
Total Noncurrent Liabilities		 109 12 17 30 30 71 124 126 189 548
Long-Term Debt		 11 0.00 4.47 9.61 13 36 52 34 88 451
Capital Lease Obligations		 - - - - 0.00 4.60 4.92 4.92 7.52 10
Asset Retirement Reserve & Litigation Obligation		 9.43 12 13 15 15 22 29 29 30 33
Noncurrent Deferred & Payable Income Tax Liabilities		 - 0.00 0.11 5.27 1.76 6.41 36 54 56 44
Other Noncurrent Operating Liabilities		 89 - - 0.85 0.97 2.53 3.30 4.48 7.66 8.53
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 -4.99 113 141 170 169 211 309 370 363 484
Total Preferred & Common Equity		 -4.99 113 141 170 169 211 309 370 363 484
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 -4.99 113 141 170 169 211 309 370 363 484
Common Stock		 0.00 149 151 155 159 164 169 278 293 484
Retained Earnings		 -18 -35 -10 15 9.81 47 140 92 70 -0.31

Quarterly Balance Sheets for Ramaco Resources

This table presents Ramaco Resources' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025
Total Assets		 562 641 660 647 674 659 645 686 675 850
Total Current Assets		 142 178 178 169 183 161 147 164 155 329
Cash & Equivalents		 47 37 34 43 31 28 23 43 28 194
Accounts Receivable		 50 71 59 64 104 70 63 52 56 44
Inventories, net		 40 51 67 50 41 52 53 56 59 82
Prepaid Expenses		 4.96 19 18 12 7.29 11 7.85 12 12 9.70
Plant, Property, & Equipment, net		 403 444 458 457 466 475 477 488 487 489
Total Noncurrent Assets		 17 20 25 21 25 24 22 34 32 32
Noncurrent Note & Lease Receivables		 9.84 12 17 13 17 14 12 20 20 20
Other Noncurrent Operating Assets		 7.21 7.11 7.66 7.57 8.00 9.81 9.96 14 13 12
Total Liabilities & Shareholders' Equity		 562 641 660 647 674 659 645 686 675 850
Total Liabilities		 263 304 323 294 302 293 284 330 327 323
Total Current Liabilities		 150 151 142 143 148 121 109 124 114 111
Short-Term Debt		 31 30 25 28 28 7.20 0.38 0.31 0.22 9.11
Accounts Payable		 65 80 50 52 60 48 54 59 56 42
Accrued Expenses		 49 33 39 46 50 58 48 54 48 58
Other Current Liabilities		 5.26 8.56 28 16 11 7.69 6.24 11 9.70 1.32
Total Noncurrent Liabilities		 113 153 181 152 153 172 175 206 213 212
Long-Term Debt		 50 79 97 67 58 76 77 104 114 116
Capital Lease Obligations		 3.78 3.98 8.30 5.77 8.54 7.51 6.68 13 12 11
Asset Retirement Reserve & Litigation Obligation		 28 29 30 28 29 29 31 30 31 31
Noncurrent Deferred & Payable Income Tax Liabilities		 18 38 42 46 52 55 55 51 50 46
Other Noncurrent Operating Liabilities		 3.37 3.74 4.08 4.32 4.96 4.94 5.41 6.75 7.06 7.31
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 299 337 337 353 372 366 362 355 347 527
Total Preferred & Common Equity		 299 337 337 353 372 366 362 355 347 527
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 299 337 337 353 372 366 362 355 347 527
Common Stock		 167 172 273 276 280 277 282 307 315 510
Retained Earnings		 131 165 64 76 92 89 80 48 33 17

Annual Metrics And Ratios for Ramaco Resources

This table displays calculated financial ratios and metrics derived from Ramaco Resources' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 - - - - - - - - - - 55,230,487.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 55,230,487.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - -0.93
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 0.00% 0.00% 1,070.17% 272.85% 1.16% -26.63% 67.77% 99.61% 22.60% -3.93% -19.46%
EBITDA Growth		 0.00% 0.00% -72.23% 415.96% 28.44% -72.87% 431.63% 165.34% -13.41% -48.05% -81.13%
EBIT Growth		 0.00% 0.00% -108.35% 269.63% 17.57% -122.91% 755.25% 225.85% -25.79% -81.47% -358.21%
NOPAT Growth		 0.00% 0.00% -111.06% 315.62% 1.99% -154.63% 364.84% 237.24% -37.25% -83.34% -413.88%
Net Income Growth		 0.00% 0.00% -105.15% 262.64% -0.56% -119.68% 910.25% 191.86% -29.07% -86.40% -559.67%
EPS Growth		 0.00% 0.00% 0.00% 251.22% -1.61% -119.67% 850.00% 188.89% -33.46% -93.64% -243.48%
Operating Cash Flow Growth		 0.00% -101.48% -119.35% 527.24% 17.13% -68.59% 300.69% 252.21% -14.28% -30.04% -98.25%
Free Cash Flow Firm Growth		 0.00% 0.00% -418.85% 89.95% 45.92% -82.04% -19.90% 55.16% 294.52% -47.75% -1,363.19%
Invested Capital Growth		 0.00% 0.00% 271.90% 40.45% 23.58% 2.11% 30.85% 54.21% 15.59% 0.74% 18.54%
Revenue Q/Q Growth		 0.00% 0.00% 49.72% 9.72% 0.62% 39.09% -1.93% 9.21% 10.78% -4.56% -7.40%
EBITDA Q/Q Growth		 0.00% 0.00% 5.89% 23.52% 3.10% 26.07% 115.17% 0.08% 17.18% -25.80% -54.37%
EBIT Q/Q Growth		 0.00% 0.00% -5.68% 23.75% 0.41% 27.90% 378.23% -2.42% 23.38% -60.93% -59.83%
NOPAT Q/Q Growth		 0.00% 0.00% -7.05% 23.56% -7.00% -34.46% 260.45% -3.59% 22.92% -66.48% -64.60%
Net Income Q/Q Growth		 0.00% 0.00% -7.42% 31.41% -5.69% -1,979.24% 116.82% -3.54% 23.48% -70.05% -56.46%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 31.91% -7.58% -400.00% 143.24% -2.62% 16.89% -87.36% 16.10%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 39.89% 47.53% 0.59% -21.26% 6.42% 7.73% 8.41% -18.68% -94.53%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 57.02% -62.08% 28.35% -317.66% 68.91% 594.50% -62.90% -67.73%
Invested Capital Q/Q Growth		 0.00% 0.00% 18.20% -1.87% -0.55% -5.81% 23.00% 5.63% 2.91% 0.72% 7.54%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 0.00% 15.70% 0.84% 22.42% 29.43% 13.86% 31.05% 41.14% 28.80% 19.96% 15.51%
EBITDA Margin		 0.00% -139.53% -20.54% 17.40% 22.10% 8.17% 25.89% 34.42% 24.31% 13.15% 3.08%
Operating Margin		 0.00% -144.36% -26.04% 10.59% 12.83% -11.30% 13.95% 26.58% 13.73% 2.50% -10.43%
EBIT Margin		 0.00% -144.36% -25.70% 11.69% 13.59% -4.24% 16.57% 27.05% 16.38% 3.16% -10.13%
Profit (Net Income) Margin		 0.00% -144.08% -25.26% 11.02% 10.83% -2.91% 14.03% 20.51% 11.87% 1.68% -9.59%
Tax Burden Percent		 0.00% 100.00% 100.00% 99.55% 82.85% 58.48% 89.54% 79.37% 78.65% 75.01% 82.79%
Interest Burden Percent		 0.00% 99.80% 98.27% 94.64% 96.19% 117.08% 94.56% 95.54% 92.16% 70.90% 114.36%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.45% 17.15% 0.00% 10.46% 20.63% 21.35% 24.99% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% -52.02% 19.51% 15.24% -7.45% 16.92% 39.60% 19.00% 2.94% -8.42%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% -38.94% -5.72% 24.66% 79.01% 39.74% 31.54% 32.51% 0.73% -37.54%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 23.58% 0.19% 0.79% 4.56% 4.00% 5.01% 5.25% 0.12% -3.74%
Return on Equity (ROE)		 0.00% 150.73% -28.44% 19.70% 16.02% -2.89% 20.92% 44.61% 24.25% 3.06% -12.16%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% -169.05% -14.14% -5.85% -9.54% -9.81% -3.05% 4.54% 2.20% -25.38%
Operating Return on Assets (OROA)		 0.00% -6.32% -11.74% 15.83% 15.08% -3.15% 16.84% 33.07% 18.00% 3.14% -5.99%
Return on Assets (ROA)		 0.00% -6.30% -11.54% 14.91% 12.01% -2.15% 14.26% 25.08% 13.04% 1.67% -5.67%
Return on Common Equity (ROCE)		 0.00% 150.73% -28.44% 19.70% 16.02% -2.89% 20.92% 44.61% 24.25% 3.06% -12.16%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 150.73% -13.60% 17.77% 14.66% -2.90% 18.84% 37.53% 22.27% 3.08% 0.00%
Net Operating Profit after Tax (NOPAT)		 0.00 -5.27 -11 24 24 -13 35 119 75 12 -39
NOPAT Margin		 0.00% -101.05% -18.23% 10.54% 10.63% -7.91% 12.49% 21.10% 10.80% 1.87% -7.30%
Net Nonoperating Expense Percent (NNEP)		 0.00% -8.23% -13.08% 25.23% -9.42% -86.46% -22.82% 8.06% -13.51% 2.22% 29.12%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 29.74% 16.12% 2.72% -4.14%
Cost of Revenue to Revenue		 0.00% 84.30% 99.16% 77.58% 70.57% 86.14% 68.95% 58.86% 71.20% 80.04% 84.49%
SG&A Expenses to Revenue		 0.00% 150.84% 21.05% 6.15% 7.90% 12.45% 7.63% 7.08% 7.04% 7.40% 12.93%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 160.07% 26.88% 11.83% 16.60% 25.16% 17.10% 14.56% 15.07% 17.46% 25.94%
Earnings before Interest and Taxes (EBIT)		 0.00 -7.53 -16 27 31 -7.17 47 153 114 21 -54
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 0.00 -7.28 -13 40 51 14 73 195 169 88 17
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 2.30 1.35 0.83 0.70 3.73 2.45 2.32 1.46 2.06
Price to Tangible Book Value (P/TBV)		 0.00 0.00 2.30 1.35 0.83 0.70 3.73 2.45 2.32 1.46 2.06
Price to Revenue (P/Rev)		 0.00 0.00 4.28 0.84 0.61 0.70 2.78 1.34 1.24 0.80 1.85
Price to Earnings (P/E)		 0.00 0.00 0.00 7.59 5.64 0.00 19.79 6.54 10.41 47.46 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.54% 5.48% 2.69%
Earnings Yield		 0.00% 0.00% 0.00% 13.17% 17.73% 0.00% 5.05% 15.30% 9.60% 2.11% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 2.45 1.34 0.83 0.72 3.43 2.23 2.15 1.40 2.01
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 4.10 0.85 0.64 0.77 2.87 1.44 1.31 0.89 1.89
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 4.87 2.91 9.43 11.08 4.19 5.40 6.78 61.43
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 7.25 4.73 0.00 17.31 5.33 8.01 28.24 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 8.04 6.05 0.00 22.97 6.83 12.15 47.61 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 5.33 3.49 9.78 15.24 4.34 5.65 5.27 515.69
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 50.85 63.54 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 -2.23 0.00 0.07 0.08 0.10 0.23 0.30 0.26 0.26 0.95
Long-Term Debt to Equity		 0.00 -2.13 0.00 0.03 0.06 0.07 0.19 0.18 0.10 0.26 0.95
Financial Leverage		 0.00 10.93 -0.61 -0.03 0.03 0.06 0.10 0.16 0.16 0.16 0.10
Leverage Ratio		 0.00 -23.91 2.47 1.32 1.33 1.34 1.47 1.78 1.86 1.83 2.14
Compound Leverage Factor		 0.00 -23.86 2.42 1.25 1.28 1.57 1.39 1.70 1.71 1.30 2.45
Debt to Total Capital		 0.00% 181.16% 0.00% 6.29% 7.07% 9.35% 18.52% 22.96% 20.46% 20.94% 48.84%
Short-Term Debt to Total Capital		 0.00% 8.14% 0.00% 3.32% 1.82% 2.61% 2.96% 8.88% 12.17% 0.08% 0.01%
Long-Term Debt to Total Capital		 0.00% 173.02% 0.00% 2.97% 5.25% 6.74% 15.56% 14.08% 8.30% 20.86% 48.83%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 0.00% -81.16% 100.00% 93.71% 92.93% 90.65% 81.48% 77.04% 79.54% 79.06% 51.16%
Debt to EBITDA		 0.00 -1.53 0.00 0.24 0.25 1.26 0.65 0.47 0.56 1.10 27.93
Net Debt to EBITDA		 0.00 7.49 0.00 0.06 0.15 0.88 0.36 0.29 0.32 0.72 1.29
Long-Term Debt to EBITDA		 0.00 -1.46 0.00 0.11 0.19 0.91 0.55 0.29 0.23 1.09 27.92
Debt to NOPAT		 0.00 -2.11 0.00 0.39 0.53 -1.31 1.36 0.77 1.27 7.70 -11.78
Net Debt to NOPAT		 0.00 10.34 0.00 0.11 0.30 -0.91 0.74 0.47 0.71 5.05 -0.54
Long-Term Debt to NOPAT		 0.00 -2.02 0.00 0.19 0.39 -0.94 1.14 0.47 0.51 7.67 -11.78
Altman Z-Score		 0.00 0.00 4.30 4.06 3.14 1.96 5.68 3.68 3.57 2.34 1.73
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.00 4.12 1.31 1.17 1.68 1.46 1.86 0.91 1.12 1.37 5.46
Quick Ratio		 0.00 3.99 0.82 0.59 0.94 0.88 1.42 0.47 0.82 0.87 4.52
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 54 -173 -17 -9.40 -17 -21 -9.20 18 9.35 -118
Operating Cash Flow to CapEx		 -39.52% -23.09% -11.29% 75.17% 92.70% 53.78% 181.02% 152.72% 224.76% 163.66% 2.37%
Free Cash Flow to Firm to Interest Expense		 0.00 437.25 0.00 -12.18 -7.88 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 -31.14 0.00 25.36 35.53 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 -166.00 0.00 -8.38 -2.80 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.00 0.04 0.46 1.35 1.11 0.74 1.02 1.22 1.10 0.99 0.59
Accounts Receivable Turnover		 0.00 5.70 15.11 25.43 15.36 8.54 8.75 13.21 10.05 7.82 8.39
Inventory Turnover		 0.00 2.90 10.46 14.57 11.04 10.70 14.09 10.96 12.02 13.25 6.95
Fixed Asset Turnover		 0.00 0.11 0.75 1.72 1.41 0.94 1.39 1.72 1.56 1.42 1.08
Accounts Payable Turnover		 0.00 0.49 4.25 9.83 12.01 12.99 14.43 13.27 11.42 10.62 10.02
Days Sales Outstanding (DSO)		 0.00 64.01 24.16 14.35 23.77 42.74 41.70 27.62 36.33 46.69 43.51
Days Inventory Outstanding (DIO)		 0.00 126.06 34.91 25.06 33.08 34.13 25.91 33.31 30.36 27.56 52.53
Days Payable Outstanding (DPO)		 0.00 743.44 85.91 37.14 30.39 28.10 25.30 27.50 31.95 34.39 36.41
Cash Conversion Cycle (CCC)		 0.00 -553.36 -26.84 2.27 26.46 48.76 42.31 33.43 34.73 39.86 59.63
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 0.00 -59 102 144 177 181 237 366 423 426 505
Invested Capital Turnover		 0.00 -0.18 2.85 1.85 1.43 0.94 1.35 1.88 1.76 1.57 1.15
Increase / (Decrease) in Invested Capital		 0.00 -59 162 41 34 3.75 56 129 57 3.13 79
Enterprise Value (EV)		 0.00 0.00 250 193 148 130 813 815 910 594 1,015
Market Capitalization		 0.00 0.00 261 190 141 118 787 759 857 531 994
Book Value per Share		 $0.00 $0.00 $2.87 $3.52 $4.16 $3.96 $4.79 $7.01 $7.02 $6.91 $7.20
Tangible Book Value per Share		 $0.00 $0.00 $2.87 $3.52 $4.16 $3.96 $4.79 $7.01 $7.02 $6.91 $7.20
Total Capital		 0.00 6.14 113 151 183 187 259 401 465 459 945
Total Debt		 0.00 11 0.00 9.47 13 17 48 92 95 96 462
Total Long-Term Debt		 0.00 11 0.00 4.47 9.61 13 40 57 39 96 462
Net Debt		 0.00 -55 -11 2.52 7.42 12 26 57 53 63 21
Capital Expenditures (CapEx)		 4.85 17 75 48 46 25 29 123 72 69 83
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 -12 -4.10 3.22 16 13 26 -15 34 13 48
Debt-free Net Working Capital (DFNWC)		 0.00 48 7.04 10 21 18 48 20 76 46 488
Net Working Capital (NWC)		 0.00 48 7.04 5.17 18 13 40 -15 20 45 488
Net Nonoperating Expense (NNE)		 0.00 2.24 4.29 -1.09 -0.47 -8.46 -4.36 3.33 -7.41 1.29 12
Net Nonoperating Obligations (NNO)		 0.00 -55 -11 2.52 7.42 12 26 57 53 63 21
Total Depreciation and Amortization (D&A)		 0.00 0.25 3.15 13 20 21 26 42 55 67 71
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% -230.72% -6.71% 1.42% 6.83% 7.67% 9.13% -2.71% 4.95% 1.88% 8.91%
Debt-free Net Working Capital to Revenue		 0.00% 927.92% 11.53% 4.47% 9.23% 10.81% 16.86% 3.59% 11.00% 6.84% 90.97%
Net Working Capital to Revenue		 0.00% 918.33% 11.53% 2.27% 7.78% 7.92% 14.15% -2.71% 2.85% 6.78% 90.96%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.00 $0.63 $0.61 ($0.12) $0.00 $2.63 $1.77 $0.11 ($0.99)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 40.08M 40.04M 40.84M 42.46M 0.00 44.16M 53.09M 54.00M 67.12M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.62 $0.61 ($0.12) $0.00 $2.60 $1.73 $0.11 ($0.99)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 40.08M 40.26M 40.84M 42.46M 0.00 44.70M 53.09M 54.00M 67.12M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 40.08M 40.84M 40.95M 42.64M 0.00 44.45M 53.09M 54.00M 67.12M
Normalized Net Operating Profit after Tax (NOPAT)		 0.00 -5.27 -11 24 24 -13 35 119 75 12 -39
Normalized NOPAT Margin		 0.00% -101.05% -18.23% 10.54% 10.63% -7.91% 12.49% 21.10% 10.80% 1.87% -7.30%
Pre Tax Income Margin		 0.00% -144.08% -25.26% 11.07% 13.07% -4.97% 15.67% 25.84% 15.09% 2.24% -11.58%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 -60.73 0.00 18.65 26.23 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 -42.51 0.00 16.81 20.51 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 -195.59 0.00 -15.08 -12.10 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 -177.37 0.00 -16.92 -17.82 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% -35.06% 0.00% 0.00% 0.00% 0.00% 17.27% 31.37% 219.82% -8.44%
Augmented Payout Ratio		 0.00% 0.00% -46.45% 0.00% 0.00% 0.00% 0.00% 17.27% 31.37% 219.82% -8.44%

Quarterly Metrics And Ratios for Ramaco Resources

This table displays calculated financial ratios and metrics derived from Ramaco Resources' official financial filings.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
DEI Shares Outstanding		 - - - - - - - - - - 55,230,487.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 55,230,487.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - -0.27
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -0.86% 36.55% 49.92% 3.80% 12.98% -10.46% -15.70% -22.02% -1.52% -27.73% -25.10%
EBITDA Growth		 -52.12% -11.09% 81.30% -57.15% -8.57% -53.52% -55.25% -67.01% -82.49% -82.29% -91.39%
EBIT Growth		 -72.15% -23.33% 113.40% -88.21% -36.71% -94.46% -81.03% -395.01% -266.13% -1,008.53% -345.72%
NOPAT Growth		 -77.02% -57.46% 92.92% -90.10% -38.63% -91.10% -85.98% -425.25% -308.51% -1,008.53% -370.62%
Net Income Growth		 -77.30% -27.66% 108.80% -91.95% -26.67% -101.23% -87.16% -565.40% -352.19% -5,468.20% -481.21%
EPS Growth		 -77.03% -33.33% 73.53% -59.65% -52.94% -107.50% -128.81% -269.57% -257.69% 0.00% -195.00%
Operating Cash Flow Growth		 -11.64% 41.21% 42.96% 17.91% 21.97% -46.52% -62.27% 3.38% -112.38% -103.85% -217.13%
Free Cash Flow Firm Growth		 -38.00% 58.03% 75.17% 86.29% 107.67% 79.03% 103.22% 93.63% -372.57% -420.35% -9,985.30%
Invested Capital Growth		 44.02% 18.65% 15.59% 5.87% -1.14% 2.93% 0.74% -1.61% 3.84% 11.03% 18.54%
Revenue Q/Q Growth		 -17.37% 36.01% 8.43% -14.82% -10.05% 7.79% 2.08% -21.20% 13.59% -20.90% 5.79%
EBITDA Q/Q Growth		 -41.70% 59.92% 31.01% -64.92% 24.41% -18.70% 26.13% -74.14% -33.99% -17.41% -42.25%
EBIT Q/Q Growth		 -62.13% 118.60% 47.72% -90.36% 103.30% -80.87% 406.19% -249.88% -14.49% -9.83% -7.78%
NOPAT Q/Q Growth		 -71.01% 65.52% 129.66% -91.01% 79.62% -75.99% 261.82% -308.44% -15.16% -4.61% -7.78%
Net Income Q/Q Growth		 -70.08% 157.57% 54.34% -93.24% 172.69% -104.31% 1,714.23% -345.13% -47.76% 4.77% -10.51%
EPS Q/Q Growth		 -70.18% 135.29% 47.50% -61.02% -65.22% -137.50% -466.67% -129.41% -5.13% 100.00% 0.00%
Operating Cash Flow Q/Q Growth		 32.09% 147.72% -40.54% -39.39% 36.63% 8.62% -58.05% 66.04% -116.36% 66.17% -1,174.74%
Free Cash Flow Firm Q/Q Growth		 20.66% 58.40% 45.75% 23.41% 144.37% -213.74% 108.33% -251.49% -1,798.05% -117.13% -58.33%
Invested Capital Q/Q Growth		 5.19% -5.32% 2.91% 3.30% -1.77% -1.43% 0.72% 0.89% 3.67% 5.40% 7.54%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 27.84% 22.64% 31.23% 19.09% 20.95% 19.52% 20.37% 15.24% 12.28% 15.83% 19.35%
EBITDA Margin		 19.13% 22.50% 27.18% 11.20% 15.48% 11.68% 14.43% 4.74% 2.75% 2.87% 1.57%
Operating Margin		 7.31% 8.60% 18.37% 1.90% 3.49% 0.95% 3.72% -8.93% -9.05% -11.97% -12.19%
EBIT Margin		 9.12% 14.66% 19.98% 2.26% 5.11% 0.91% 4.50% -8.55% -8.62% -11.97% -12.19%
Profit (Net Income) Margin		 5.50% 10.41% 14.82% 1.18% 3.57% -0.14% 2.26% -7.02% -9.14% -11.00% -11.49%
Tax Burden Percent		 75.39% 77.95% 77.28% 79.00% 85.83% 134.27% 63.56% 68.79% 87.32% 80.13% 93.19%
Interest Burden Percent		 79.92% 91.07% 95.98% 65.88% 81.34% -11.73% 79.00% 119.36% 121.37% 114.67% 101.11%
Effective Tax Rate		 24.61% 22.05% 22.72% 21.00% 14.17% 0.00% 36.44% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 8.63% 11.09% 24.98% 2.47% 4.98% 1.12% 3.71% -9.06% -9.07% -10.88% -9.84%
ROIC Less NNEP Spread (ROIC-NNEP)		 8.60% 24.19% 27.26% 1.68% 6.10% -1.16% 3.40% -10.57% -14.40% -190.98% -18.81%
Return on Net Nonoperating Assets (RNNOA)		 1.65% 3.93% 4.40% 0.33% 1.38% -0.19% 0.54% -2.02% -3.24% -0.76% -1.87%
Return on Equity (ROE)		 10.28% 15.02% 29.38% 2.80% 6.36% 0.92% 4.25% -11.08% -12.32% -11.64% -11.72%
Cash Return on Invested Capital (CROIC)		 -14.84% -0.96% 4.54% 6.44% 12.41% 6.05% 2.20% 1.84% -6.63% -15.79% -25.38%
Operating Return on Assets (OROA)		 9.14% 15.19% 21.95% 2.41% 5.56% 0.98% 4.47% -7.90% -8.09% -9.28% -7.21%
Return on Assets (ROA)		 5.51% 10.78% 16.28% 1.25% 3.88% -0.15% 2.24% -6.49% -8.57% -8.53% -6.79%
Return on Common Equity (ROCE)		 10.28% 15.02% 29.38% 2.80% 6.36% 0.92% 4.25% -11.08% -12.32% -11.64% -11.72%
Return on Equity Simple (ROE_SIMPLE)		 21.98% 18.91% 0.00% 15.87% 15.59% 10.33% 0.00% -0.08% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 7.57 13 29 2.59 4.65 1.12 4.04 -8.42 -9.69 -10 -11
NOPAT Margin		 5.51% 6.70% 14.20% 1.50% 2.99% 0.67% 2.36% -6.25% -6.34% -8.38% -8.54%
Net Nonoperating Expense Percent (NNEP)		 0.03% -13.10% -2.28% 0.79% -1.12% 2.27% 0.31% 1.50% 5.33% 180.10% 8.97%
Return On Investment Capital (ROIC_SIMPLE)		 - - 6.20% - - - 0.88% -1.78% -2.05% -1.53% -1.16%
Cost of Revenue to Revenue		 72.16% 77.36% 68.77% 80.91% 79.05% 80.48% 79.63% 84.76% 87.72% 84.17% 80.65%
SG&A Expenses to Revenue		 10.42% 6.13% 5.58% 8.17% 7.02% 7.72% 6.64% 10.84% 9.92% 13.34% 18.31%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 20.53% 14.04% 12.86% 17.19% 17.47% 18.57% 16.65% 24.17% 21.33% 27.70% 31.64%
Earnings before Interest and Taxes (EBIT)		 13 27 40 3.90 7.94 1.52 7.68 -12 -13 -14 -16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 26 42 55 19 24 20 25 6.38 4.21 3.48 2.01
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.07 1.58 2.32 2.38 1.81 1.70 1.46 1.25 2.07 3.48 2.06
Price to Tangible Book Value (P/TBV)		 1.07 1.58 2.32 2.38 1.81 1.70 1.46 1.25 2.07 3.48 2.06
Price to Revenue (P/Rev)		 0.62 0.89 1.24 1.26 0.92 0.88 0.80 0.71 1.15 3.16 1.85
Price to Earnings (P/E)		 4.85 8.38 10.41 14.98 11.58 16.42 47.46 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 1.18% 1.54% 2.32% 4.22% 4.59% 5.48% 6.71% 3.68% 1.46% 2.69%
Earnings Yield		 20.60% 11.94% 9.60% 6.68% 8.63% 6.09% 2.11% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1.05 1.50 2.15 2.17 1.69 1.60 1.40 1.21 1.83 3.78 2.01
Enterprise Value to Revenue (EV/Rev)		 0.79 0.98 1.31 1.36 1.01 0.97 0.89 0.83 1.30 3.06 1.89
Enterprise Value to EBITDA (EV/EBITDA)		 3.06 4.28 5.40 6.65 5.15 5.72 6.78 6.95 14.90 49.01 61.43
Enterprise Value to EBIT (EV/EBIT)		 4.55 6.70 8.01 11.26 9.08 12.53 28.24 92.28 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 5.85 10.12 12.15 18.43 14.90 18.12 47.61 553.52 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 3.56 4.15 5.65 5.76 4.23 4.87 5.27 4.57 10.91 49.30 515.69
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 50.85 34.75 13.52 26.77 63.54 65.05 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.39 0.29 0.26 0.26 0.25 0.23 0.26 0.33 0.36 0.26 0.95
Long-Term Debt to Equity		 0.31 0.21 0.10 0.18 0.23 0.23 0.26 0.33 0.36 0.24 0.95
Financial Leverage		 0.19 0.16 0.16 0.20 0.23 0.17 0.16 0.19 0.23 0.00 0.10
Leverage Ratio		 1.86 1.86 1.86 1.85 1.88 1.81 1.83 1.87 1.87 1.68 2.14
Compound Leverage Factor		 1.49 1.69 1.78 1.22 1.53 -0.21 1.45 2.23 2.27 1.93 2.17
Debt to Total Capital		 27.93% 22.29% 20.46% 20.32% 19.80% 18.81% 20.94% 24.91% 26.63% 20.56% 48.84%
Short-Term Debt to Total Capital		 5.42% 6.17% 12.17% 6.04% 1.58% 0.09% 0.08% 0.06% 0.05% 1.37% 0.01%
Long-Term Debt to Total Capital		 22.52% 16.11% 8.30% 14.28% 18.22% 18.73% 20.86% 24.85% 26.58% 19.19% 48.83%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 72.07% 77.71% 79.54% 79.68% 80.20% 81.19% 79.06% 75.09% 73.37% 79.44% 51.16%
Debt to EBITDA		 0.88 0.70 0.56 0.66 0.64 0.71 1.10 1.58 2.30 3.76 27.93
Net Debt to EBITDA		 0.65 0.40 0.32 0.45 0.45 0.52 0.72 1.00 1.79 -1.59 1.29
Long-Term Debt to EBITDA		 0.71 0.51 0.23 0.47 0.59 0.71 1.09 1.58 2.30 3.51 27.92
Debt to NOPAT		 1.67 1.66 1.27 1.84 1.86 2.25 7.70 125.75 -10.05 -5.73 -11.78
Net Debt to NOPAT		 1.24 0.95 0.71 1.25 1.29 1.64 5.05 79.38 -7.81 2.41 -0.54
Long-Term Debt to NOPAT		 1.35 1.20 0.51 1.29 1.71 2.24 7.67 125.42 -10.03 -5.35 -11.78
Altman Z-Score		 1.80 2.46 3.21 3.07 2.74 2.63 2.27 1.84 2.32 4.37 1.85
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.25 1.19 1.12 1.23 1.33 1.35 1.37 1.32 1.36 2.97 5.46
Quick Ratio		 0.65 0.75 0.82 0.90 0.80 0.79 0.87 0.77 0.74 2.15 4.52
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -125 -52 -28 -22 9.59 -11 0.91 -1.38 -26 -57 -90
Operating Cash Flow to CapEx		 115.31% 413.40% 231.15% 134.48% 160.78% 210.18% 143.58% 128.19% -28.12% -7.20% -66.61%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -25.23 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.64 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -9.53 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.00 1.04 1.10 1.06 1.09 1.08 0.99 0.92 0.94 0.78 0.59
Accounts Receivable Turnover		 10.31 10.98 10.05 8.01 11.16 11.03 7.82 8.07 9.97 10.88 8.39
Inventory Turnover		 7.71 9.97 12.02 11.34 9.12 10.39 13.25 10.43 9.29 7.22 6.95
Fixed Asset Turnover		 1.44 1.46 1.56 1.54 1.54 1.50 1.42 1.32 1.30 1.20 1.08
Accounts Payable Turnover		 6.74 7.71 11.42 7.50 11.19 10.19 10.62 8.52 9.97 10.19 10.02
Days Sales Outstanding (DSO)		 35.40 33.23 36.33 45.54 32.70 33.08 46.69 45.22 36.61 33.54 43.51
Days Inventory Outstanding (DIO)		 47.34 36.62 30.36 32.19 40.01 35.13 27.56 35.01 39.27 50.53 52.53
Days Payable Outstanding (DPO)		 54.13 47.35 31.95 48.70 32.61 35.83 34.39 42.84 36.61 35.83 36.41
Cash Conversion Cycle (CCC)		 28.60 22.50 34.73 29.04 40.10 32.37 39.86 37.38 39.27 48.25 59.63
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 434 411 423 437 429 423 426 430 445 469 505
Invested Capital Turnover		 1.57 1.65 1.76 1.65 1.66 1.68 1.57 1.45 1.43 1.30 1.15
Increase / (Decrease) in Invested Capital		 133 65 57 24 -4.94 12 3.13 -7.04 16 47 79
Enterprise Value (EV)		 456 616 910 950 724 675 594 519 817 1,776 1,015
Market Capitalization		 360 558 857 885 661 614 531 444 719 1,833 994
Book Value per Share		 $7.59 $6.69 $7.02 $7.01 $6.90 $6.90 $6.91 $6.58 $6.35 $9.54 $7.20
Tangible Book Value per Share		 $7.59 $6.69 $7.02 $7.01 $6.90 $6.90 $6.91 $6.58 $6.35 $9.54 $7.20
Total Capital		 468 454 465 467 457 446 459 473 474 663 945
Total Debt		 131 101 95 95 90 84 96 118 126 136 462
Total Long-Term Debt		 105 73 39 67 83 83 96 118 126 127 462
Net Debt		 97 58 53 64 63 61 63 74 98 -57 21
Capital Expenditures (CapEx)		 24 17 18 19 21 18 11 20 15 20 28
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 27 12 34 32 19 15 13 -3.55 13 33 48
Debt-free Net Working Capital (DFNWC)		 61 55 76 62 47 38 46 40 41 227 488
Net Working Capital (NWC)		 36 27 20 34 40 38 45 40 41 218 488
Net Nonoperating Expense (NNE)		 0.02 -6.93 -1.25 0.56 -0.89 1.35 0.18 1.04 4.28 3.17 3.78
Net Nonoperating Obligations (NNO)		 97 58 53 64 63 61 63 74 98 -57 21
Total Depreciation and Amortization (D&A)		 14 15 15 15 16 18 17 18 17 18 18
Debt-free, Cash-free Net Working Capital to Revenue		 4.72% 1.89% 4.95% 4.55% 2.71% 2.21% 1.88% -0.57% 2.11% 5.77% 8.91%
Debt-free Net Working Capital to Revenue		 10.60% 8.74% 11.00% 8.91% 6.56% 5.48% 6.84% 6.35% 6.61% 39.22% 90.97%
Net Working Capital to Revenue		 6.21% 4.27% 2.85% 4.88% 5.55% 5.43% 6.78% 6.30% 6.57% 37.65% 90.96%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.17 $0.41 $0.62 $0.24 $0.08 ($0.03) ($0.18) ($0.39) ($0.41) $0.00 ($0.19)
Adjusted Weighted Average Basic Shares Outstanding		 52.69M 52.69M 53.09M 53.09M 52.45M 52.53M 54.00M 54.70M 55.23M 66.00M 67.12M
Adjusted Diluted Earnings per Share		 $0.17 $0.40 $0.59 $0.23 $0.08 ($0.03) ($0.17) ($0.39) ($0.41) $0.00 ($0.19)
Adjusted Weighted Average Diluted Shares Outstanding		 52.69M 52.69M 53.09M 53.09M 52.45M 52.53M 54.00M 54.70M 55.23M 66.00M 67.12M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 52.69M 52.69M 53.09M 53.09M 52.45M 52.53M 54.00M 54.70M 55.23M 66.00M 67.12M
Normalized Net Operating Profit after Tax (NOPAT)		 7.57 13 29 2.59 4.65 1.12 4.04 -8.42 -9.69 -10 -11
Normalized NOPAT Margin		 5.51% 6.70% 14.20% 1.50% 2.99% 0.67% 2.36% -6.25% -6.34% -8.38% -8.54%
Pre Tax Income Margin		 7.29% 13.35% 19.17% 1.49% 4.16% -0.11% 3.55% -10.21% -10.46% -13.73% -12.33%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -6.44 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -4.51 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -15.33 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -13.40 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 28.55% 34.64% 31.37% 48.37% 54.69% 86.28% 219.82% -6,316.16% -62.79% -13.59% -8.44%
Augmented Payout Ratio		 28.55% 34.64% 31.37% 48.37% 54.69% 86.28% 219.82% -6,316.16% -62.79% -13.59% -8.44%

Financials Breakdown Chart

Key Financial Trends

Ramaco Resources (METC) released mixed quarterly results in 2025, with a notable improvement in gross margin in Q4 2025 alongside a substantial boost in liquidity from financing activity. The company continued to report quarterly net losses, but cash raised from debt issuance helped strengthen the balance sheet and cash position. Below are the key takeaways based on the last four years of data you provided, focusing on what may matter to retail investors.

  • Q4 2025 gross margin expansion: Gross profit rose to $24.77M on $128.01M revenue, pushing the gross margin to approximately 19% in Q4 2025 (up from the prior quarter’s margin).
  • Large debt issuance boosts liquidity: Ramaco issued about $333.6M of debt in Q4 2025, driving a net financing cash flow of about $292.4M and strengthening near-term liquidity.
  • Significant quarterly cash boost from financing: Net change in cash & equivalents for Q4 2025 was +$246.5M, contributing to a stronger cash cushion heading into 2026.
  • Equity base expanded in 2025: Total equity grew notably in 2025, with the balance sheet showing about $526.9M in total equity by Q3 2025 (up from about $347.4M in Q2 2025), indicating capital raises that support solvency.
  • Sequential revenue uptick in Q4 2025: Revenue climbed to $128.0M in Q4 2025 from $121.0M in Q3 2025, signaling topline momentum within the year’s end.
  • Q4 2025 net loss persists: Net income declined to -$14.71M in Q4 2025 (consistent with ongoing quarterly losses in 2025).
  • Operating cash flow negative again: Net cash from continuing operating activities was -$18.37M in Q4 2025, indicating ongoing cash burn from operations.
  • Expenses remain elevated: Total operating expenses in Q4 2025 were $40.51M, exceeding gross profit and contributing to the operating loss.
  • Share count and dilution potential: Weighted average shares outstanding rose through 2025 (e.g., ~55.2M in Q2 to ~67.1M in Q4), which could dilute EPS even as margins improve.
  • Rising leverage risk from debt growth: Long-term debt rose through 2025 (Q3 2025 LT debt about $116.3M; up from about $104.4M in Q1 2025), which raises interest expense and balance-sheet leverage concerns despite the liquidity boost from issuances.
05/08/26 09:52 PM ETAI Generated. May Contain Errors.

Ramaco Resources Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Ramaco Resources' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Ramaco Resources' net income appears to be on an upward trend, with a most recent value of -$51.45 million in 2025, falling from $0.00 in 2015. The previous period was $11.19 million in 2024. See Ramaco Resources' forecast for analyst expectations on what's next for the company.

Ramaco Resources' total operating income in 2025 was -$55.96 million, based on the following breakdown:
  • Total Gross Profit: $83.23 million
  • Total Operating Expenses: $139.19 million

Over the last 10 years, Ramaco Resources' total revenue changed from $0.00 in 2015 to $536.62 million in 2025, a change of 53,661,800,000.0%.

Ramaco Resources' total liabilities were at $657.00 million at the end of 2025, a 110.7% increase from 2024, and a 1,754.8% increase since 2016.

In the past 9 years, Ramaco Resources' cash and equivalents has ranged from $5.20 million in 2016 to $440.35 million in 2025, and is currently $440.35 million as of their latest financial filing in 2025.

Over the last 10 years, Ramaco Resources' book value per share changed from 0.00 in 2015 to 7.20 in 2025, a change of 720.5%.


Related Companies

Financial statements for NASDAQ:METCB last updated on 3/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
One executive order. The biggest wealth transfer of your lifetime.
On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...
Reagan Gold Group | Sponsoredtc pixel
Your book attached
Your Download Link (Expiring) If you still haven't downloaded the free Simple Options Trading For Beginners...
Profits Run | Sponsoredtc pixel
Iran's New Leader Just Said Something That Should Terrify Every American
Iran's Supreme Leader has declared the Strait of Hormuz closed as leverage against the U.S. - and with 40% of ...
American Alternative | Sponsoredtc pixel
Satellite Images Spot Potential $10 Trillion Discovery
'Dark Energy': Elon Musk's Next Potential $10 Trillion Move A highly secure site in West Texas now houses a...
Altimetry | Sponsoredtc pixel
Collect $1,170 a month from silver
I've Rarely Seen This With Silver This combination - 20% dividends + 68% share appreciation - never happens...
Investors Alley | Sponsoredtc pixel
Batten down the hatches – Project Tengu is coming
Starting June 16, This AI Lab Could Take Off Dramatically Time magazine recently named this lab "the most d...
Chaikin Analytics | Sponsoredtc pixel
"Computers are about to become obsolete" - George Gilder. Here’s why.
George Gilder predicted the iPhone 16 years early, called Netflix a decade before it dominated streaming, and ...
Eagle Publishing | Sponsoredtc pixel
Nobody's Asking Where The SpaceX Money Comes From
When SpaceX goes public, fund managers will sell existing portfolio holdings to fund the move. Trillions in as...
Americas Gold Company | Sponsoredtc pixel