Ramaco Resources, Inc. (FRA:5R02)

Ramaco Resources Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	43.47	33.01	41.96	35.61	21.89	5.3
Cash & Short-Term Investments	43.47	33.01	41.96	35.61	21.89	5.3
Cash Growth	42.50%	-21.34%	17.83%	62.68%	313.04%	-4.19%
Accounts Receivable	52.12	73.58	96.87	41.17	44.45	20.3
Other Receivables	-	-	-	14.6	-	-
Receivables	52.12	73.58	96.87	55.77	44.45	20.3
Inventory	56.12	43.36	37.16	44.97	15.79	11.95
Prepaid Expenses	7.26	12.99	12.95	10.23	3.73	3.54
Restricted Cash	0.8	0.8	0.8	0.9	0.9	1.41
Other Current Assets	4.2	3.9	-	-	-	-
Total Current Assets	163.97	167.63	189.74	147.49	86.76	42.5
Property, Plant & Equipment	507.55	495.78	469.91	443.44	236.23	180.64
Other Long-Term Assets	14.22	11.27	6.18	5.41	6.04	5.48
Total Assets	685.74	674.69	665.84	596.34	329.03	228.62
Accounts Payable	59.5	48.86	51.62	34.83	15.35	11.74
Accrued Expenses	53.85	61.37	52.09	41.68	19.67	12.37
Short-Term Debt	-	4.3	4.04	-	-	-
Current Portion of Long-Term Debt	0.31	0.36	56.53	75.64	7.67	4.87
Current Portion of Leases	7.31	6.51	5.59	6.09	3.49	0.08
Other Current Liabilities	3.4	1.04	0.11	4.61	0.49	0.05
Total Current Liabilities	124.36	122.43	169.99	162.85	46.66	29.11
Long-Term Debt	104.36	88.19	33.65	51.59	35.7	12.58
Long-Term Leases	13.2	8.61	5.37	5.5	4.6	0.03
Long-Term Deferred Tax Liabilities	51.36	56.03	54.35	35.64	6.41	1.76
Other Long-Term Liabilities	37.21	36.63	32.88	31.57	24.59	16.04
Total Liabilities	330.49	311.88	296.23	287.14	117.96	59.53
Common Stock	0.55	0.53	0.53	0.44	0.44	0.43
Additional Paid-In Capital	306.31	292.74	277.13	168.71	163.57	158.86
Retained Earnings	48.39	69.53	91.94	140.05	47.07	9.81
Total Common Equity	355.25	362.81	369.61	309.2	211.07	169.1
Shareholders' Equity	355.25	362.81	369.61	309.2	211.07	169.1
Total Liabilities & Equity	685.74	674.69	665.84	596.34	329.03	228.62
Total Debt	125.17	107.97	105.17	138.82	51.46	17.56
Net Cash (Debt)	-81.71	-74.96	-63.21	-103.21	-29.57	-12.26
Net Cash Per Share	-1.56	-1.40	-1.30	-2.31	-0.67	-0.29
Filing Date Shares Outstanding	54.7	54	53.3	44.45	44.27	42.64
Total Common Shares Outstanding	54.69	53.37	53.02	44.16	44.09	42.71
Working Capital	39.61	45.21	19.75	-15.36	40.1	13.39
Book Value Per Share	6.50	6.80	6.97	7.00	4.79	3.96
Tangible Book Value	355.25	362.81	369.61	309.2	211.07	169.1
Tangible Book Value Per Share	6.50	6.80	6.97	7.00	4.79	3.96
Machinery	367.11	331.9	290.06	232.89	167.02	155.17
Construction In Progress	12.32	31.05	13.98	34.7	9.97	7.25

Source: S&P Global Market Intelligence. Standard template. Financial Sources.