Ramaco Resources Balance Sheet Health
Financial Health criteria checks 5/6
Ramaco Resources has a total shareholder equity of $369.6M and total debt of $90.2M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are $665.8M and $296.2M respectively. Ramaco Resources's EBIT is $95.2M making its interest coverage ratio 10.7. It has cash and short-term investments of $42.0M.
Key information
24.4%
Debt to equity ratio
US$90.18m
Debt
| Interest coverage ratio | 10.7x |
| Cash | US$41.96m |
| Equity | US$369.61m |
| Total liabilities | US$296.23m |
| Total assets | US$665.84m |
Recent financial health updates
Ramaco Resources (NASDAQ:METC) Seems To Use Debt Quite Sensibly
Nov 10
Ramaco Resources (NASDAQ:METC) Seems To Use Debt Quite Sensibly
May 31Recent updates
Investors Will Want Ramaco Resources' (NASDAQ:METC) Growth In ROCE To Persist
Apr 08Ramaco Resources: The Latest Report Still Does Not Impress
Mar 25Ramaco Resources' (NASDAQ:METC) Weak Earnings May Only Reveal A Part Of The Whole Picture
Mar 14Ramaco: A Coal Mining Company That Happens To Have Significant Magnetic Rare Earth Deposits
Jan 24Ramaco Resources (NASDAQ:METC) Has Announced That It Will Be Increasing Its Dividend To $0.1375
Jan 23Cautious Investors Not Rewarding Ramaco Resources, Inc.'s (NASDAQ:METC) Performance Completely
Jan 17Returns On Capital At Ramaco Resources (NASDAQ:METC) Have Hit The Brakes
Dec 28Ramaco Resources' (NASDAQ:METC) Upcoming Dividend Will Be Larger Than Last Year's
Dec 13Ramaco Resources (NASDAQ:METC) Seems To Use Debt Quite Sensibly
Nov 10Ramaco Resources (NASDAQ:METC) Is Increasing Its Dividend To $0.125
Oct 20Estimating The Intrinsic Value Of Ramaco Resources, Inc. (NASDAQ:METC)
Sep 15Ramaco Resources (NASDAQ:METC) Seems To Use Debt Quite Sensibly
May 31Why We Like The Returns At Ramaco Resources (NASDAQ:METC)
May 18Ramaco Resources (NASDAQ:METC) Is Increasing Its Dividend To $0.125
May 06Here's Why We Think Ramaco Resources (NASDAQ:METC) Might Deserve Your Attention Today
Mar 17Ramaco Resources (NASDAQ:METC) Is Paying Out A Larger Dividend Than Last Year
Jan 09Ramaco Resources' (NASDAQ:METC) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 11Ramaco raises dividend by 3% to $0.1133
Sep 28Ramaco Resources: An Overreaction As Cash Flows Remain Strong
Aug 10Ramaco dips dividend -2.6% to $0.11/share
Jul 14Ramaco Resources: Production May Double, And The Stock Price May React Soon
Jun 03Financial Position Analysis
Short Term Liabilities: METC's short term assets ($189.7M) exceed its short term liabilities ($170.0M).
Long Term Liabilities: METC's short term assets ($189.7M) exceed its long term liabilities ($126.2M).
Debt to Equity History and Analysis
Debt Level: METC's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: METC's debt to equity ratio has increased from 6.7% to 24.4% over the past 5 years.
Debt Coverage: METC's debt is well covered by operating cash flow (178.6%).
Interest Coverage: METC's interest payments on its debt are well covered by EBIT (10.7x coverage).