Ramaco Resources, Inc. (METC)

Ramaco Resources Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	22.86	41.96	35.61	21.89	5.3	5.53
Cash & Short-Term Investments	22.86	41.96	35.61	21.89	5.3	5.53
Cash Growth	-46.73%	17.83%	62.68%	313.04%	-4.19%	-20.41%
Accounts Receivable	62.91	96.87	41.17	44.45	20.3	19.26
Other Receivables	-	-	14.6	-	-	-
Receivables	62.91	96.87	55.77	44.45	20.3	19.26
Inventory	53.05	37.16	44.97	15.79	11.95	15.26
Prepaid Expenses	7.05	12.95	10.23	3.73	3.54	2.74
Restricted Cash	0.8	0.8	0.9	0.9	1.41	1.33
Other Current Assets	-	-	-	-	-	0.2
Total Current Assets	146.67	189.74	147.49	86.76	42.5	44.32
Property, Plant & Equipment	488.76	469.91	443.44	236.23	180.64	178.2
Other Long-Term Assets	9.96	6.18	5.41	6.04	5.48	4.29
Total Assets	645.4	665.84	596.34	329.03	228.62	226.81
Accounts Payable	53.78	51.62	34.83	15.35	11.74	10.66
Accrued Expenses	48.38	52.09	41.68	19.67	12.37	12.3
Current Portion of Long-Term Debt	0.38	56.53	75.64	7.67	4.87	3.33
Current Portion of Leases	6.13	5.59	6.09	3.49	0.08	0.1
Other Current Liabilities	0.11	4.15	4.61	0.49	0.05	0.02
Total Current Liabilities	108.79	169.99	162.85	46.66	29.11	26.41
Long-Term Debt	76.79	33.65	51.59	35.7	12.58	9.61
Long-Term Leases	6.68	5.37	5.5	4.6	0.03	0.1
Long-Term Deferred Tax Liabilities	54.57	54.35	35.64	6.41	1.76	5.27
Other Long-Term Liabilities	36.74	32.88	31.57	24.59	16.04	15.34
Total Liabilities	283.57	296.23	287.14	117.96	59.53	56.73
Common Stock	0.53	0.53	0.44	0.44	0.43	0.41
Additional Paid-In Capital	281.08	277.13	168.71	163.57	158.86	154.96
Retained Earnings	80.22	91.94	140.05	47.07	9.81	14.72
Total Common Equity	361.82	369.61	309.2	211.07	169.1	170.08
Shareholders' Equity	361.82	369.61	309.2	211.07	169.1	170.08
Total Liabilities & Equity	645.4	665.84	596.34	329.03	228.62	226.81
Total Debt	89.99	101.13	138.82	51.46	17.56	13.15
Net Cash (Debt)	-67.12	-59.17	-103.21	-29.57	-12.26	-7.62
Net Cash Per Share	-1.40	-1.22	-2.31	-0.67	-0.29	-0.19
Filing Date Shares Outstanding	52.53	53.09	44.45	44.27	42.64	40.95
Total Common Shares Outstanding	52.53	52.81	44.16	44.09	42.71	40.93
Working Capital	37.89	19.75	-15.36	40.1	13.39	17.91
Book Value Per Share	6.89	7.00	7.00	4.79	3.96	4.16
Tangible Book Value	361.82	369.61	309.2	211.07	169.1	170.08
Tangible Book Value Per Share	6.89	7.00	7.00	4.79	3.96	4.16
Machinery	323.44	290.06	232.89	167.02	155.17	142.77
Construction In Progress	30.22	13.98	34.7	9.97	7.25	11.99

Source: S&P Capital IQ. Standard template. Financial Sources.