Ramaco Resources, Inc. - 8.375% Senior Notes due 2029 (METCZ) Financials

$23.80 +0.12 (+0.51%)

As of 04/17/2025 03:40 PM Eastern

Annual Income Statements for Ramaco Resources, Inc. - 8.375% Senior Notes due 2029

This table shows Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	116	82	11
Consolidated Net Income / (Loss)	116	82	11
Net Income / (Loss) Continuing Operations	116	82	11
Total Pre-Tax Income	146	105	15
Total Operating Income	150	95	17
Total Gross Profit	233	200	133
Total Revenue	566	694	666
Operating Revenue	566	694	666
Total Cost of Revenue	333	494	533
Operating Cost of Revenue	333	494	533
Total Operating Expenses	82	104	116
Selling, General & Admin Expense	40	49	49
Depreciation Expense	41	54	66
Other Operating Expenses / (Income)	1.12	1.40	1.47
Total Other Income / (Expense), net	-4.19	9.42	-1.72
Interest & Investment Income	-6.83	-8.90	-6.12
Other Income / (Expense), net	2.64	18	4.41
Income Tax Expense	30	22	3.73
Basic Earnings per Share	$2.63	$1.77	$0.11
Weighted Average Basic Shares Outstanding	44.45M	53.09M	54.00M
Diluted Earnings per Share	$2.60	$1.73	$0.11
Weighted Average Diluted Shares Outstanding	44.45M	53.09M	54.00M
Weighted Average Basic & Diluted Shares Outstanding	44.45M	53.09M	54.00M

This table shows Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	27	14	25	7.56	19	30	2.03	5.54	-0.24	3.86
Consolidated Net Income / (Loss)	27	14	25	7.56	19	30	2.03	5.54	-0.24	3.86
Net Income / (Loss) Continuing Operations	27	14	25	7.56	19	30	2.03	5.54	-0.24	3.86
Total Pre-Tax Income	34	17	31	10	25	39	2.57	6.46	-0.18	6.07
Total Operating Income	37	18	32	10	16	37	3.28	5.42	1.59	6.35
Total Gross Profit	57	40	56	38	42	63	33	33	33	35
Total Revenue	137	135	166	137	187	203	173	155	167	171
Operating Revenue	137	135	166	137	187	203	173	155	167	171
Total Cost of Revenue	80	95	111	99	145	139	140	123	135	136
Operating Cost of Revenue	80	95	111	99	145	139	140	123	135	136
Total Operating Expenses	21	22	24	28	26	26	30	27	31	28
Selling, General & Admin Expense	8.67	11	12	14	11	11	14	11	13	11
Depreciation Expense	11	11	12	14	14	14	15	16	18	17
Other Operating Expenses / (Income)	0.50	-0.37	0.35	0.35	0.35	0.36	0.35	0.35	0.35	0.40
Total Other Income / (Expense), net	-3.19	-0.65	-1.06	-0.02	8.89	1.62	-0.70	1.04	-1.77	-0.28
Interest & Investment Income	-2.26	-1.51	-2.31	-2.52	-2.45	-1.63	-1.33	-1.48	-1.70	-1.61
Other Income / (Expense), net	-0.93	0.86	1.25	2.50	11	3.25	0.63	2.52	-0.08	1.33
Income Tax Expense	6.60	3.08	5.55	2.47	5.51	8.83	0.54	0.92	0.06	2.21
Basic Earnings per Share	$0.61	$0.33	$0.57	$0.17	$0.41	$0.62	$0.24	$0.08	($0.03)	($0.18)
Weighted Average Basic Shares Outstanding	44.12M	44.45M	44.41M	52.69M	52.69M	53.09M	53.09M	52.45M	52.53M	54.00M
Diluted Earnings per Share	$0.60	$0.34	$0.57	$0.17	$0.40	$0.59	$0.23	$0.08	($0.03)	($0.17)
Weighted Average Diluted Shares Outstanding	44.12M	44.45M	44.41M	52.69M	52.69M	53.09M	53.09M	52.45M	52.53M	54.00M
Weighted Average Basic & Diluted Shares Outstanding	44.12M	44.45M	44.41M	52.69M	52.69M	53.09M	53.09M	52.45M	52.53M	54.00M

This table details how cash moves in and out of Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	14	6.31	-8.96
Net Cash From Operating Activities	188	161	113
Net Cash From Continuing Operating Activities	188	161	113
Net Income / (Loss) Continuing Operations	116	82	11
Consolidated Net Income / (Loss)	116	82	11
Depreciation Expense	41	54	66
Amortization Expense	0.49	0.78	0.93
Non-Cash Adjustments To Reconcile Net Income	7.98	4.12	19
Changes in Operating Assets and Liabilities, net	22	20	16
Net Cash From Investing Activities	-146	-72	-71
Net Cash From Continuing Investing Activities	-145	-72	-71
Purchase of Property, Plant & Equipment	-123	-83	-69
Acquisitions	-12	0.00	0.00
Sale of Property, Plant & Equipment	0.00	11	0.00
Other Investing Activities, net	-9.90	-0.56	-1.99
Net Cash From Financing Activities	-28	-83	-51
Net Cash From Continuing Financing Activities	-28	-83	-51
Repayment of Debt	-47	-168	-199
Payment of Dividends	-20	-26	-25
Issuance of Debt	42	130	197
Other Financing Activities, net	-3.08	-19	-24
Cash Interest Paid	7.06	8.11	4.76
Cash Income Taxes Paid	16	0.77	1.23

This table details how cash moves in and out of Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	3.16	-11	1.00	-2.73	9.04	-1.00	-11	-2.93	-4.71	10
Net Cash From Operating Activities	49	29	21	28	70	42	25	34	37	16
Net Cash From Continuing Operating Activities	49	29	21	28	70	42	25	34	37	16
Net Income / (Loss) Continuing Operations	27	14	25	7.56	19	30	2.03	5.54	-0.24	3.86
Consolidated Net Income / (Loss)	27	14	25	7.56	19	30	2.03	5.54	-0.24	3.86
Depreciation Expense	11	11	12	14	14	14	15	16	18	17
Amortization Expense	0.12	0.12	0.15	0.21	0.21	0.21	0.21	0.23	0.22	0.27
Non-Cash Adjustments To Reconcile Net Income	2.51	2.42	3.29	1.98	0.57	-1.73	5.03	4.94	4.32	4.61
Changes in Operating Assets and Liabilities, net	8.52	0.85	-19	4.92	35	-1.36	2.70	7.82	15	-9.77
Net Cash From Investing Activities	-48	-34	-22	-21	-14	-14	-19	-21	-18	-13
Net Cash From Continuing Investing Activities	-48	-33	-22	-21	-14	-14	-19	-21	-18	-13
Purchase of Property, Plant & Equipment	-38	-32	-24	-24	-17	-18	-19	-21	-18	-11
Other Investing Activities, net	-11	-1.18	1.18	3.00	2.98	-7.72	0.07	0.09	-0.33	-1.81
Net Cash From Financing Activities	1.95	-6.63	2.01	-9.48	-47	-28	-18	-16	-24	7.19
Net Cash From Continuing Financing Activities	1.95	-6.63	2.01	-9.48	-47	-28	-18	-16	-24	7.19
Repayment of Debt	-7.66	-30	-37	-25	-63	-41	-59	-53	-49	-38
Payment of Dividends	-5.00	-5.05	-5.56	-5.55	-6.94	-7.77	-8.32	-8.18	-7.97	-0.13
Issuance of Debt	16	25	45	33	18	35	52	45	40	60
Other Financing Activities, net	-1.06	3.73	-0.12	-11	5.96	-14	-1.87	-	-7.44	-15

This table presents Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	596	666	675
Total Current Assets	147	190	168
Cash & Equivalents	36	42	33
Accounts Receivable	41	97	74
Inventories, net	45	37	43
Prepaid Expenses	26	14	18
Plant, Property, & Equipment, net	430	459	482
Total Noncurrent Assets	19	17	25
Noncurrent Note & Lease Receivables	13	10	12
Other Noncurrent Operating Assets	6.10	6.72	13
Total Liabilities & Shareholders' Equity	596	666	675
Total Liabilities	287	296	312
Total Current Liabilities	163	170	122
Short-Term Debt	36	57	0.36
Accounts Payable	35	52	49
Accrued Expenses	42	52	62
Other Current Liabilities	51	9.60	12
Total Noncurrent Liabilities	124	126	189
Long-Term Debt	52	34	88
Capital Lease Obligations	4.92	4.92	7.52
Asset Retirement Reserve & Litigation Obligation	29	29	30
Noncurrent Deferred & Payable Income Tax Liabilities	36	54	56
Other Noncurrent Operating Liabilities	3.30	4.48	7.66
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	309	370	363
Total Preferred & Common Equity	309	370	363
Preferred Stock	0.00	0.00	0.00
Total Common Equity	309	370	363
Common Stock	169	278	293
Retained Earnings	140	92	70

This table presents Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's 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
Total Assets	562	641	660	647	674	659	645
Total Current Assets	142	178	178	169	183	161	147
Cash & Equivalents	47	37	34	43	31	28	23
Accounts Receivable	50	71	59	64	104	70	63
Inventories, net	40	51	67	50	41	52	53
Prepaid Expenses	4.96	19	18	12	7.29	11	7.85
Plant, Property, & Equipment, net	403	444	458	457	466	475	477
Total Noncurrent Assets	17	20	25	21	25	24	22
Noncurrent Note & Lease Receivables	9.84	12	17	13	17	14	12
Other Noncurrent Operating Assets	7.21	7.11	7.66	7.57	8.00	9.81	9.96
Total Liabilities & Shareholders' Equity	562	641	660	647	674	659	645
Total Liabilities	263	304	323	294	302	293	284
Total Current Liabilities	150	151	142	143	148	121	109
Short-Term Debt	31	30	25	28	28	7.20	0.38
Accounts Payable	65	80	50	52	60	48	54
Accrued Expenses	49	33	39	46	50	58	48
Other Current Liabilities	5.26	8.56	28	16	11	7.69	6.24
Total Noncurrent Liabilities	113	153	181	152	153	172	175
Long-Term Debt	50	79	97	67	58	76	77
Capital Lease Obligations	3.78	3.98	8.30	5.77	8.54	7.51	6.68
Asset Retirement Reserve & Litigation Obligation	28	29	30	28	29	29	31
Noncurrent Deferred & Payable Income Tax Liabilities	18	38	42	46	52	55	55
Other Noncurrent Operating Liabilities	3.37	3.74	4.08	4.32	4.96	4.94	5.41
Commitments & Contingencies	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
Total Preferred & Common Equity	299	337	337	353	372	366	362
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	299	337	337	353	372	366	362
Common Stock	167	172	273	276	280	277	282
Retained Earnings	131	165	64	76	92	89	80

This table displays calculated financial ratios and metrics derived from Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	99.61%	22.60%	-3.93%
EBITDA Growth	165.34%	-13.41%	-48.05%
EBIT Growth	225.85%	-25.79%	-81.47%
NOPAT Growth	237.24%	-37.25%	-83.34%
Net Income Growth	191.86%	-29.07%	-86.40%
EPS Growth	188.89%	-33.46%	-93.64%
Operating Cash Flow Growth	252.21%	-14.28%	-30.04%
Free Cash Flow Firm Growth	55.16%	294.52%	-47.75%
Invested Capital Growth	54.21%	15.59%	0.74%
Revenue Q/Q Growth	9.21%	10.78%	-4.56%
EBITDA Q/Q Growth	0.08%	17.18%	-25.80%
EBIT Q/Q Growth	-2.42%	23.38%	-60.93%
NOPAT Q/Q Growth	-3.59%	22.92%	-66.48%
Net Income Q/Q Growth	-3.54%	23.48%	-70.05%
EPS Q/Q Growth	-2.62%	16.89%	-87.36%
Operating Cash Flow Q/Q Growth	7.73%	8.41%	-18.68%
Free Cash Flow Firm Q/Q Growth	68.91%	594.50%	-62.90%
Invested Capital Q/Q Growth	5.63%	2.91%	0.72%
Profitability Metrics	-	-	-
Gross Margin	41.14%	28.80%	19.96%
EBITDA Margin	34.42%	24.31%	13.15%
Operating Margin	26.58%	13.73%	2.50%
EBIT Margin	27.05%	16.38%	3.16%
Profit (Net Income) Margin	20.51%	11.87%	1.68%
Tax Burden Percent	79.37%	78.65%	75.01%
Interest Burden Percent	95.54%	92.16%	70.90%
Effective Tax Rate	20.63%	21.35%	24.99%
Return on Invested Capital (ROIC)	39.60%	19.00%	2.94%
ROIC Less NNEP Spread (ROIC-NNEP)	31.54%	32.51%	0.73%
Return on Net Nonoperating Assets (RNNOA)	5.01%	5.25%	0.12%
Return on Equity (ROE)	44.61%	24.25%	3.06%
Cash Return on Invested Capital (CROIC)	-3.05%	4.54%	2.20%
Operating Return on Assets (OROA)	33.07%	18.00%	3.14%
Return on Assets (ROA)	25.08%	13.04%	1.67%
Return on Common Equity (ROCE)	44.61%	24.25%	3.06%
Return on Equity Simple (ROE_SIMPLE)	37.53%	22.27%	3.08%
Net Operating Profit after Tax (NOPAT)	119	75	12
NOPAT Margin	21.10%	10.80%	1.87%
Net Nonoperating Expense Percent (NNEP)	8.06%	-13.51%	2.22%
Return On Investment Capital (ROIC_SIMPLE)	29.74%	16.12%	2.72%
Cost of Revenue to Revenue	58.86%	71.20%	80.04%
SG&A Expenses to Revenue	7.08%	7.04%	7.40%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	14.56%	15.07%	17.46%
Earnings before Interest and Taxes (EBIT)	153	114	21
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	195	169	88
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	2.45	2.32	1.46
Price to Tangible Book Value (P/TBV)	2.45	2.32	1.46
Price to Revenue (P/Rev)	1.34	1.24	0.80
Price to Earnings (P/E)	6.54	10.41	47.46
Dividend Yield	0.00%	1.54%	5.48%
Earnings Yield	15.30%	9.60%	2.11%
Enterprise Value to Invested Capital (EV/IC)	2.23	2.15	1.40
Enterprise Value to Revenue (EV/Rev)	1.44	1.31	0.89
Enterprise Value to EBITDA (EV/EBITDA)	4.19	5.40	6.78
Enterprise Value to EBIT (EV/EBIT)	5.33	8.01	28.24
Enterprise Value to NOPAT (EV/NOPAT)	6.83	12.15	47.61
Enterprise Value to Operating Cash Flow (EV/OCF)	4.34	5.65	5.27
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	50.85	63.54
Leverage & Solvency	-	-	-
Debt to Equity	0.30	0.26	0.26
Long-Term Debt to Equity	0.18	0.10	0.26
Financial Leverage	0.16	0.16	0.16
Leverage Ratio	1.78	1.86	1.83
Compound Leverage Factor	1.70	1.71	1.30
Debt to Total Capital	22.96%	20.46%	20.94%
Short-Term Debt to Total Capital	8.88%	12.17%	0.08%
Long-Term Debt to Total Capital	14.08%	8.30%	20.86%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	77.04%	79.54%	79.06%
Debt to EBITDA	0.47	0.56	1.10
Net Debt to EBITDA	0.29	0.32	0.72
Long-Term Debt to EBITDA	0.29	0.23	1.09
Debt to NOPAT	0.77	1.27	7.70
Net Debt to NOPAT	0.47	0.71	5.05
Long-Term Debt to NOPAT	0.47	0.51	7.67
Altman Z-Score	3.68	3.57	2.34
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	0.91	1.12	1.37
Quick Ratio	0.47	0.82	0.87
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-9.20	18	9.35
Operating Cash Flow to CapEx	152.72%	224.76%	163.66%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	1.22	1.10	0.99
Accounts Receivable Turnover	13.21	10.05	7.82
Inventory Turnover	10.96	12.02	13.25
Fixed Asset Turnover	1.72	1.56	1.42
Accounts Payable Turnover	13.27	11.42	10.62
Days Sales Outstanding (DSO)	27.62	36.33	46.69
Days Inventory Outstanding (DIO)	33.31	30.36	27.56
Days Payable Outstanding (DPO)	27.50	31.95	34.39
Cash Conversion Cycle (CCC)	33.43	34.73	39.86
Capital & Investment Metrics	-	-	-
Invested Capital	366	423	426
Invested Capital Turnover	1.88	1.76	1.57
Increase / (Decrease) in Invested Capital	129	57	3.13
Enterprise Value (EV)	815	910	594
Market Capitalization	759	857	531
Book Value per Share	$7.01	$7.02	$6.91
Tangible Book Value per Share	$7.01	$7.02	$6.91
Total Capital	401	465	459
Total Debt	92	95	96
Total Long-Term Debt	57	39	96
Net Debt	57	53	63
Capital Expenditures (CapEx)	123	72	69
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-15	34	13
Debt-free Net Working Capital (DFNWC)	20	76	46
Net Working Capital (NWC)	-15	20	45
Net Nonoperating Expense (NNE)	3.33	-7.41	1.29
Net Nonoperating Obligations (NNO)	57	53	63
Total Depreciation and Amortization (D&A)	42	55	67
Debt-free, Cash-free Net Working Capital to Revenue	-2.71%	4.95%	1.88%
Debt-free Net Working Capital to Revenue	3.59%	11.00%	6.84%
Net Working Capital to Revenue	-2.71%	2.85%	6.78%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$2.63	$1.77	$0.11
Adjusted Weighted Average Basic Shares Outstanding	44.16M	53.09M	54.00M
Adjusted Diluted Earnings per Share	$2.60	$1.73	$0.11
Adjusted Weighted Average Diluted Shares Outstanding	44.70M	53.09M	54.00M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	44.45M	53.09M	54.00M
Normalized Net Operating Profit after Tax (NOPAT)	119	75	12
Normalized NOPAT Margin	21.10%	10.80%	1.87%
Pre Tax Income Margin	25.84%	15.09%	2.24%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	17.27%	31.37%	219.82%
Augmented Payout Ratio	17.27%	31.37%	219.82%

This table displays calculated financial ratios and metrics derived from Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	79.28%	54.54%	7.41%	-0.86%	36.55%	49.92%	3.80%	12.98%	-10.46%	-15.70%
EBITDA Growth	188.96%	0.53%	-27.30%	-52.12%	-11.09%	81.30%	-57.15%	-8.57%	-53.52%	-55.25%
EBIT Growth	274.17%	-16.67%	-37.82%	-72.15%	-23.33%	113.40%	-88.21%	-36.71%	-94.46%	-81.03%
NOPAT Growth	311.96%	-23.02%	-37.91%	-77.02%	-57.46%	92.92%	-90.10%	-38.63%	-91.10%	-85.98%
Net Income Growth	282.44%	-22.82%	-39.10%	-77.30%	-27.66%	108.80%	-91.95%	-26.67%	-101.23%	-87.16%
EPS Growth	275.00%	-17.07%	-38.04%	-77.03%	-33.33%	73.53%	-59.65%	-52.94%	-107.50%	-128.81%
Operating Cash Flow Growth	923.74%	86.56%	-72.39%	-11.64%	41.21%	42.96%	17.91%	21.97%	-46.52%	-62.27%
Free Cash Flow Firm Growth	-1,934.00%	-211.12%	-5,454.09%	-38.00%	58.03%	75.17%	86.29%	107.67%	79.03%	103.22%
Invested Capital Growth	79.57%	54.21%	80.33%	44.02%	18.65%	15.59%	5.87%	-1.14%	2.93%	0.74%
Revenue Q/Q Growth	-1.25%	-1.24%	23.02%	-17.37%	36.01%	8.43%	-14.82%	-10.05%	7.79%	2.08%
EBITDA Q/Q Growth	-13.88%	-35.76%	48.42%	-41.70%	59.92%	31.01%	-64.92%	24.41%	-18.70%	26.13%
EBIT Q/Q Growth	-20.60%	-46.93%	74.50%	-62.13%	118.60%	47.72%	-90.36%	103.30%	-80.87%	406.19%
NOPAT Q/Q Growth	-10.61%	-49.36%	75.09%	-71.01%	65.52%	129.66%	-91.01%	79.62%	-75.99%	261.82%
Net Income Q/Q Growth	-19.16%	-46.53%	75.57%	-70.08%	157.57%	54.34%	-93.24%	172.69%	-104.31%	1,714.23%
EPS Q/Q Growth	-18.92%	-43.33%	67.65%	-70.18%	135.29%	47.50%	-61.02%	-65.22%	-137.50%	-466.67%
Operating Cash Flow Q/Q Growth	55.01%	-41.27%	-26.52%	32.09%	147.72%	-40.54%	-39.39%	36.63%	8.62%	-58.05%
Free Cash Flow Firm Q/Q Growth	-36.78%	8.31%	-38.69%	20.66%	58.40%	45.75%	23.41%	144.37%	-213.74%	108.33%
Invested Capital Q/Q Growth	14.93%	5.63%	12.78%	5.19%	-5.32%	2.91%	3.30%	-1.77%	-1.43%	0.72%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	41.84%	29.43%	33.55%	27.84%	22.64%	31.23%	19.09%	20.95%	19.52%	20.37%
EBITDA Margin	34.56%	22.48%	27.12%	19.13%	22.50%	27.18%	11.20%	15.48%	11.68%	14.43%
Operating Margin	26.80%	13.40%	19.16%	7.31%	8.60%	18.37%	1.90%	3.49%	0.95%	3.72%
EBIT Margin	26.11%	14.03%	19.91%	9.12%	14.66%	19.98%	2.26%	5.11%	0.91%	4.50%
Profit (Net Income) Margin	19.65%	10.64%	15.18%	5.50%	10.41%	14.82%	1.18%	3.57%	-0.14%	2.26%
Tax Burden Percent	80.31%	82.35%	81.99%	75.39%	77.95%	77.28%	79.00%	85.83%	134.27%	63.56%
Interest Burden Percent	93.69%	92.06%	93.03%	79.92%	91.07%	95.98%	65.88%	81.34%	-11.73%	79.00%
Effective Tax Rate	19.69%	17.65%	18.01%	24.61%	22.05%	22.72%	21.00%	14.17%	0.00%	36.44%
Return on Invested Capital (ROIC)	41.36%	20.71%	28.27%	8.63%	11.09%	24.98%	2.47%	4.98%	1.12%	3.71%
ROIC Less NNEP Spread (ROIC-NNEP)	30.36%	19.41%	24.95%	8.60%	24.19%	27.26%	1.68%	6.10%	-1.16%	3.40%
Return on Net Nonoperating Assets (RNNOA)	2.87%	3.08%	2.22%	1.65%	3.93%	4.40%	0.33%	1.38%	-0.19%	0.54%
Return on Equity (ROE)	44.23%	23.79%	30.49%	10.28%	15.02%	29.38%	2.80%	6.36%	0.92%	4.25%
Cash Return on Invested Capital (CROIC)	-10.98%	-3.05%	-25.05%	-14.84%	-0.96%	4.54%	6.44%	12.41%	6.05%	2.20%
Operating Return on Assets (OROA)	31.41%	17.16%	21.93%	9.14%	15.19%	21.95%	2.41%	5.56%	0.98%	4.47%
Return on Assets (ROA)	23.64%	13.01%	16.73%	5.51%	10.78%	16.28%	1.25%	3.88%	-0.15%	2.24%
Return on Common Equity (ROCE)	44.23%	23.79%	30.49%	10.28%	15.02%	29.38%	2.80%	6.36%	0.92%	4.25%
Return on Equity Simple (ROE_SIMPLE)	40.28%	0.00%	29.63%	21.98%	18.91%	0.00%	15.87%	15.59%	10.33%	0.00%
Net Operating Profit after Tax (NOPAT)	29	15	26	7.57	13	29	2.59	4.65	1.12	4.04
NOPAT Margin	21.52%	11.03%	15.71%	5.51%	6.70%	14.20%	1.50%	2.99%	0.67%	2.36%
Net Nonoperating Expense Percent (NNEP)	10.99%	1.30%	3.33%	0.03%	-13.10%	-2.28%	0.79%	-1.12%	2.27%	0.31%
Return On Investment Capital (ROIC_SIMPLE)	-	3.72%	-	-	-	6.20%	-	-	-	0.88%
Cost of Revenue to Revenue	58.16%	70.57%	66.45%	72.16%	77.36%	68.77%	80.91%	79.05%	80.48%	79.63%
SG&A Expenses to Revenue	6.33%	7.95%	7.06%	10.42%	6.13%	5.58%	8.17%	7.02%	7.72%	6.64%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	15.05%	16.03%	14.39%	20.53%	14.04%	12.86%	17.19%	17.47%	18.57%	16.65%
Earnings before Interest and Taxes (EBIT)	36	19	33	13	27	40	3.90	7.94	1.52	7.68
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	47	30	45	26	42	55	19	24	20	25
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.63	2.45	2.35	1.07	1.58	2.32	2.38	1.81	1.70	1.46
Price to Tangible Book Value (P/TBV)	2.63	2.45	2.35	1.07	1.58	2.32	2.38	1.81	1.70	1.46
Price to Revenue (P/Rev)	1.52	1.34	1.37	0.62	0.89	1.24	1.26	0.92	0.88	0.80
Price to Earnings (P/E)	6.54	6.54	7.94	4.85	8.38	10.41	14.98	11.58	16.42	47.46
Dividend Yield	0.00%	0.00%	0.00%	0.00%	1.18%	1.54%	2.32%	4.22%	4.59%	5.48%
Earnings Yield	15.30%	15.30%	12.59%	20.60%	11.94%	9.60%	6.68%	8.63%	6.09%	2.11%
Enterprise Value to Invested Capital (EV/IC)	2.38	2.23	2.11	1.05	1.50	2.15	2.17	1.69	1.60	1.40
Enterprise Value to Revenue (EV/Rev)	1.59	1.44	1.50	0.79	0.98	1.31	1.36	1.01	0.97	0.89
Enterprise Value to EBITDA (EV/EBITDA)	4.23	4.19	4.89	3.06	4.28	5.40	6.65	5.15	5.72	6.78
Enterprise Value to EBIT (EV/EBIT)	5.25	5.33	6.54	4.55	6.70	8.01	11.26	9.08	12.53	28.24
Enterprise Value to NOPAT (EV/NOPAT)	6.65	6.83	8.40	5.85	10.12	12.15	18.43	14.90	18.12	47.61
Enterprise Value to Operating Cash Flow (EV/OCF)	4.72	4.34	6.59	3.56	4.15	5.65	5.76	4.23	4.87	5.27
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	50.85	34.75	13.52	26.77	63.54
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.28	0.30	0.33	0.39	0.29	0.26	0.26	0.25	0.23	0.26
Long-Term Debt to Equity	0.18	0.18	0.24	0.31	0.21	0.10	0.18	0.23	0.23	0.26
Financial Leverage	0.09	0.16	0.09	0.19	0.16	0.16	0.20	0.23	0.17	0.16
Leverage Ratio	1.75	1.78	1.78	1.86	1.86	1.86	1.85	1.88	1.81	1.83
Compound Leverage Factor	1.64	1.64	1.66	1.49	1.69	1.78	1.22	1.53	-0.21	1.45
Debt to Total Capital	21.99%	22.96%	24.98%	27.93%	22.29%	20.46%	20.32%	19.80%	18.81%	20.94%
Short-Term Debt to Total Capital	8.06%	8.88%	6.61%	5.42%	6.17%	12.17%	6.04%	1.58%	0.09%	0.08%
Long-Term Debt to Total Capital	13.93%	14.08%	18.37%	22.52%	16.11%	8.30%	14.28%	18.22%	18.73%	20.86%
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%
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%
Common Equity to Total Capital	78.01%	77.04%	75.02%	72.07%	77.71%	79.54%	79.68%	80.20%	81.19%	79.06%
Debt to EBITDA	0.43	0.47	0.63	0.88	0.70	0.56	0.66	0.64	0.71	1.10
Net Debt to EBITDA	0.19	0.29	0.43	0.65	0.40	0.32	0.45	0.45	0.52	0.72
Long-Term Debt to EBITDA	0.27	0.29	0.46	0.71	0.51	0.23	0.47	0.59	0.71	1.09
Debt to NOPAT	0.68	0.77	1.08	1.67	1.66	1.27	1.84	1.86	2.25	7.70
Net Debt to NOPAT	0.30	0.47	0.73	1.24	0.95	0.71	1.25	1.29	1.64	5.05
Long-Term Debt to NOPAT	0.43	0.47	0.80	1.35	1.20	0.51	1.29	1.71	2.24	7.67
Altman Z-Score	3.23	2.94	3.04	1.80	2.46	3.21	3.07	2.74	2.63	2.27
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.94	0.91	1.18	1.25	1.19	1.12	1.23	1.33	1.35	1.37
Quick Ratio	0.64	0.47	0.71	0.65	0.75	0.82	0.90	0.80	0.79	0.87
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-124	-114	-158	-125	-52	-28	-22	9.59	-11	0.91
Operating Cash Flow to CapEx	131.72%	91.92%	90.72%	115.31%	413.40%	231.15%	134.48%	160.78%	210.18%	143.58%
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	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	0.00
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	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.20	1.22	1.10	1.00	1.04	1.10	1.06	1.09	1.08	0.99
Accounts Receivable Turnover	11.78	13.21	9.72	10.31	10.98	10.05	8.01	11.16	11.03	7.82
Inventory Turnover	10.73	10.96	10.27	7.71	9.97	12.02	11.34	9.12	10.39	13.25
Fixed Asset Turnover	1.77	1.72	1.67	1.44	1.46	1.56	1.54	1.54	1.50	1.42
Accounts Payable Turnover	6.70	13.27	6.02	6.74	7.71	11.42	7.50	11.19	10.19	10.62
Days Sales Outstanding (DSO)	30.99	27.62	37.55	35.40	33.23	36.33	45.54	32.70	33.08	46.69
Days Inventory Outstanding (DIO)	34.02	33.31	35.52	47.34	36.62	30.36	32.19	40.01	35.13	27.56
Days Payable Outstanding (DPO)	54.46	27.50	60.58	54.13	47.35	31.95	48.70	32.61	35.83	34.39
Cash Conversion Cycle (CCC)	10.55	33.43	12.49	28.60	22.50	34.73	29.04	40.10	32.37	39.86
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	346	366	412	434	411	423	437	429	423	426
Invested Capital Turnover	1.92	1.88	1.80	1.57	1.65	1.76	1.65	1.66	1.68	1.57
Increase / (Decrease) in Invested Capital	153	129	184	133	65	57	24	-4.94	12	3.13
Enterprise Value (EV)	824	815	869	456	616	910	950	724	675	594
Market Capitalization	786	759	793	360	558	857	885	661	614	531
Book Value per Share	$6.78	$7.01	$7.58	$7.59	$6.69	$7.02	$7.01	$6.90	$6.90	$6.91
Tangible Book Value per Share	$6.78	$7.01	$7.58	$7.59	$6.69	$7.02	$7.01	$6.90	$6.90	$6.91
Total Capital	383	401	449	468	454	465	467	457	446	459
Total Debt	84	92	112	131	101	95	95	90	84	96
Total Long-Term Debt	53	57	82	105	73	39	67	83	83	96
Net Debt	38	57	76	97	58	53	64	63	61	63
Capital Expenditures (CapEx)	38	32	24	24	17	18	19	21	18	11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-24	-15	20	27	12	34	32	19	15	13
Debt-free Net Working Capital (DFNWC)	22	20	56	61	55	76	62	47	38	46
Net Working Capital (NWC)	-8.48	-15	27	36	27	20	34	40	38	45
Net Nonoperating Expense (NNE)	2.56	0.54	0.87	0.02	-6.93	-1.25	0.56	-0.89	1.35	0.18
Net Nonoperating Obligations (NNO)	48	57	76	97	58	53	64	63	61	63
Total Depreciation and Amortization (D&A)	12	11	12	14	15	15	15	16	18	17
Debt-free, Cash-free Net Working Capital to Revenue	-4.68%	-2.71%	3.40%	4.72%	1.89%	4.95%	4.55%	2.71%	2.21%	1.88%
Debt-free Net Working Capital to Revenue	4.32%	3.59%	9.74%	10.60%	8.74%	11.00%	8.91%	6.56%	5.48%	6.84%
Net Working Capital to Revenue	-1.64%	-2.71%	4.60%	6.21%	4.27%	2.85%	4.88%	5.55%	5.43%	6.78%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.61	$0.33	$0.57	$0.17	$0.41	$0.62	$0.24	$0.08	($0.03)	($0.18)
Adjusted Weighted Average Basic Shares Outstanding	44.09M	44.45M	44.28M	52.69M	52.69M	53.09M	53.09M	52.45M	52.53M	54.00M
Adjusted Diluted Earnings per Share	$0.60	$0.34	$0.57	$0.17	$0.40	$0.59	$0.23	$0.08	($0.03)	($0.17)
Adjusted Weighted Average Diluted Shares Outstanding	44.54M	44.45M	44.69M	52.69M	52.69M	53.09M	53.09M	52.45M	52.53M	54.00M
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
Adjusted Weighted Average Basic & Diluted Shares Outstanding	44.12M	44.45M	44.41M	52.69M	52.69M	53.09M	53.09M	52.45M	52.53M	54.00M
Normalized Net Operating Profit after Tax (NOPAT)	29	15	26	7.57	13	29	2.59	4.65	1.12	4.04
Normalized NOPAT Margin	21.52%	11.03%	15.71%	5.51%	6.70%	14.20%	1.50%	2.99%	0.67%	2.36%
Pre Tax Income Margin	24.47%	12.92%	18.52%	7.29%	13.35%	19.17%	1.49%	4.16%	-0.11%	3.55%
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	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	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	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	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	12.47%	17.27%	20.63%	28.55%	34.64%	31.37%	48.37%	54.69%	86.28%	219.82%
Augmented Payout Ratio	12.47%	17.27%	20.63%	28.55%	34.64%	31.37%	48.37%	54.69%	86.28%	219.82%

Frequently Asked Questions About Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's Financials

When does Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's fiscal year end?

According to the most recent income statement we have on file, Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's net income changed over the last 2 years?

Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's net income appears to be on a downward trend, with a most recent value of $11.19 million in 2024, falling from $116.04 million in 2022. The previous period was $82.31 million in 2023.

What is Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's operating income?

Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's total operating income in 2024 was $16.64 million, based on the following breakdown:

Total Gross Profit: $133.00 million
Total Operating Expenses: $116.37 million

How has Ramaco Resources, Inc. - 8.375% Senior Notes due 2029 revenue changed over the last 2 years?

Over the last 2 years, Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's total revenue changed from $565.69 million in 2022 to $666.30 million in 2024, a change of 17.8%.

How much debt does Ramaco Resources, Inc. - 8.375% Senior Notes due 2029 have?

Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's total liabilities were at $311.88 million at the end of 2024, a 5.3% increase from 2023, and a 8.6% increase since 2022.

How much cash does Ramaco Resources, Inc. - 8.375% Senior Notes due 2029 have?

In the past 2 years, Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's cash and equivalents has ranged from $33.01 million in 2024 to $41.96 million in 2023, and is currently $33.01 million as of their latest financial filing in 2024.

How has Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's book value per share changed over the last 2 years?

Over the last 2 years, Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's book value per share changed from 7.01 in 2022 to 6.91 in 2024, a change of -1.4%.

This page (NASDAQ:METCZ) was last updated on 4/19/2025 by MarketBeat.com Staff

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Ramaco Resources, Inc. - 8.375% Senior Notes due 2029 (METCZ) Financials

Frequently Asked Questions About Ramaco Resources, Inc. - 8.375% Senior Notes due 2029's Financials

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Ramaco Resources, Inc. - 8.375% Senior Notes due 2029 (METCZ) Financials

Annual Income Statements for Ramaco Resources, Inc. - 8.375% Senior Notes due 2029

Quarterly Income Statements for Ramaco Resources, Inc. - 8.375% Senior Notes due 2029

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