CoverageForm 410-K10-Q8-K13D13G13F

METC · Ramaco Resources, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · METC

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue------
Cost of Revenue$453.39M$533.29M$493.79M$332.96M$195.41M$145.50M
Gross Profit------
R&D------
SG&A$69.36M$49.29M$48.83M$40.03M$21.63M$21.02M
Total Operating Expenses$592.57M$649.66M$598.28M$415.30M$243.86M$188.01M
D&A$68.16M$65.61M$54.25M$41.19M$26.20M$20.91M
Operating Income($55.96M)$16.64M$95.25M$150.39M$39.53M($19.09M)
Interest Expense($6.12M)---$2.56M$1.22M
Income Tax($10.69M)$3.73M$22.35M$30.15M$4.65M($3.48M)
Net Income($51.45M)$11.19M$82.31M$116.04M$39.76M($4.91M)
EPS - Basic($0.99)$0.11$1.73$2.57$0.88($0.12)
EPS - Diluted($0.99)$0.11$1.69$2.54$0.88($0.12)

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$440.35M$33.01M$41.96M$35.61M$21.89M$5.30M
Accounts Receivable$54.35M$73.58M$96.87M$41.17M$44.45M$20.30M
Inventory$87.16M$43.36M$37.16M$44.97M$15.79M$11.95M
Accounts Payable$41.60M$48.85M$51.62M$34.83M$15.35M$11.74M
Current Assets$597.61M$167.63M$189.74M$147.49M$86.76M$42.50M
Total Assets$1.14B$674.69M$665.84M$596.34M$329.03M$228.62M
Current Liabilities$109.50M$122.43M$169.99M$162.84M$46.66M$29.11M
Long-term Debt$467.56M$57.0K$349.0K$18.76M$3.34M$12.58M
Total Liabilities$657.00M$311.88M$296.23M$287.14M$117.96M$59.53M
Stockholders' Equity$483.57M$362.81M$369.61M$309.20M$211.07M$169.09M
Retained Earnings($311.0K)$69.53M$91.94M$140.04M$47.07M$9.81M

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$1.97M$112.67M$161.04M$187.87M$53.34M$13.31M
Investing Cash Flow($83.67M)($70.83M)($72.21M)($145.71M)($59.61M)($24.75M)
Financing Cash Flow$489.04M($50.79M)($82.52M)($28.50M)$22.37M$11.29M
CapEx--$82.90M$123.01M$29.47M$24.75M
Free Cash Flow--$78.13M$64.86M$23.87M($11.44M)

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin------
EBITDA margin------
Net margin------
Free cash flow margin------
FCF / Net income--0.950.560.602.33
R&D / Revenue------
SG&A / Revenue------
Effective tax rate-25.0%21.4%20.6%10.5%-
Return on assets-4.5%1.7%12.4%19.5%12.1%-2.1%
Return on equity-10.6%3.1%22.3%37.5%18.8%-2.9%
Return on invested capital-4.6%3.4%20.2%36.4%16.5%-8.3%
Liquidity
Current ratio5.461.371.120.911.861.46
Quick ratio4.661.020.900.631.521.05
Cash ratio4.020.270.250.220.470.18
Leverage
Debt / Equity0.970.000.000.060.020.07
Debt / Assets0.410.000.000.030.010.06
Debt / EBITDA38.330.000.000.100.056.91
Interest coverage9.1x---15.5x-15.6x
Equity multiplier2.361.861.801.931.561.35
Liabilities / Assets0.580.460.440.480.360.26
Efficiency
Asset turnover------
Inventory turnover5.2012.3013.297.4012.3712.18
Days sales outstanding------
Days inventory outstanding70d30d27d49d29d30d
Days payable outstanding33d33d38d38d29d29d
Cash conversion cycle------
Valuation
P / E-92.0x9.9x3.4x15.1x-
P / B---1.2x2.8x0.7x
P / S------
EV / EBITDA---1.9x8.7x69.6x
Growth
Revenue growth (YoY)------
Revenue CAGR (3y)------
Revenue CAGR (5y)------
Gross profit growth (YoY)------
Operating income growth (YoY)--82.5%-36.7%280.4%--
Net income growth (YoY)--86.4%-29.1%191.9%--
EPS growth (YoY)--93.5%-33.5%188.9%--
EPS CAGR (3y)--50.0%-60.9%--
EPS CAGR (5y)--29.0%----
FCF growth (YoY)--20.5%171.7%--242.5%
FCF CAGR (5y)------
Book value growth (YoY)33.3%-1.8%19.5%46.5%24.8%-0.6%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$536.62M total
Metallurgical Coal$536.62M · 100.0%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

3/9
Weak
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • Long-term debt decreased
  • Current ratio improved
  • -No share dilution
  • -Gross margin improved
  • -Asset turnover improved

Peer comparison

Same SIC group: Silver Ores

CompanyRevenue (last FY)Net marginROE
HCC--2.7%
CEIX$4.16B-3.7%-4.2%
ASX:CRN$1.95B-22.2%-66.5%
AREC$0-58.4%

Comparing Ramaco Resources against the 4 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months · -100.0% YoY

Ex-datePer share
Aug 30, 2024$0.1347
May 31, 2024$0.1347
Feb 29, 2024$0.1347
Nov 30, 2023$0.1221
Aug 31, 2023$0.1221
May 31, 2023$0.1221
Feb 28, 2023$0.1221
Nov 30, 2022$0.1103
Aug 31, 2022$0.1103
May 31, 2022$0.1103
Feb 28, 2022$0.1103