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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	193.85	33.01	41.96	35.61	21.89	5.3
Cash & Short-Term Investments	193.85	33.01	41.96	35.61	21.89	5.3
Cash Growth	747.82%	-21.34%	17.83%	62.68%	313.04%	-4.19%
Accounts Receivable	43.61	73.58	96.87	41.17	44.45	20.3
Other Receivables	-	-	-	14.6	-	-
Receivables	43.61	73.58	96.87	55.77	44.45	20.3
Inventory	81.57	43.36	37.16	44.97	15.79	11.95
Prepaid Expenses	4.2	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	4.7	3.9	-	-	-	-
Total Current Assets	328.73	167.63	189.74	147.49	86.76	42.5
Property, Plant & Equipment	508.98	495.78	469.91	443.44	236.23	180.64
Other Long-Term Assets	11.95	11.27	6.18	5.41	6.04	5.48
Total Assets	849.66	674.69	665.84	596.34	329.03	228.62
Accounts Payable	41.68	48.86	51.62	34.83	15.35	11.74
Accrued Expenses	58.47	61.37	52.09	41.68	19.67	12.37
Current Portion of Long-Term Debt	0.14	0.36	56.53	75.64	7.67	4.87
Current Portion of Leases	8.97	6.51	5.59	6.09	3.49	0.08
Other Current Liabilities	1.32	5.34	4.15	4.61	0.49	0.05
Total Current Liabilities	110.57	122.43	169.99	162.85	46.66	29.11
Long-Term Debt	116.32	88.19	33.65	51.59	35.7	12.58
Long-Term Leases	10.96	8.61	5.37	5.5	4.6	0.03
Long-Term Deferred Tax Liabilities	46.39	56.03	54.35	35.64	6.41	1.76
Other Long-Term Liabilities	38.52	36.63	32.88	31.57	24.59	16.04
Total Liabilities	322.74	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	509.27	292.74	277.13	168.71	163.57	158.86
Retained Earnings	17.09	69.53	91.94	140.05	47.07	9.81
Total Common Equity	526.91	362.81	369.61	309.2	211.07	169.1
Shareholders' Equity	526.91	362.81	369.61	309.2	211.07	169.1
Total Liabilities & Equity	849.66	674.69	665.84	596.34	329.03	228.62
Total Debt	136.38	103.67	101.13	138.82	51.46	17.56
Net Cash (Debt)	57.47	-70.66	-59.17	-103.21	-29.57	-12.26
Net Cash Per Share	1.05	-1.32	-1.22	-2.31	-0.67	-0.29
Filing Date Shares Outstanding	66	54.11	53.41	44.45	44.27	42.64
Total Common Shares Outstanding	66.01	53.49	53.13	44.16	44.09	42.71
Working Capital	218.16	45.21	19.75	-15.36	40.1	13.39
Book Value Per Share	7.98	6.78	6.96	7.00	4.79	3.96
Tangible Book Value	526.91	362.81	369.61	309.2	211.07	169.1
Tangible Book Value Per Share	7.98	6.78	6.96	7.00	4.79	3.96
Machinery	373.89	331.9	290.06	232.89	167.02	155.17
Construction In Progress	17.58	31.05	13.98	34.7	9.97	7.25

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