Ramaco Historical Income Statement
| METC Stock | USD 13.15 0.72 5.79% |
Historical analysis of Ramaco Resources income statement accounts such as Gross Profit of 209.7 M can show how well Ramaco Resources performed in making a profits. Evaluating Ramaco Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ramaco Resources's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Ramaco Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ramaco Resources is a good buy for the upcoming year.
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About Ramaco Income Statement Analysis
Ramaco Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ramaco Resources shareholders. The income statement also shows Ramaco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Ramaco Resources Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ramaco Resources minus its cost of goods sold. It is profit before Ramaco Resources operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ramaco Resources. It is also known as Ramaco Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Ramaco Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ramaco Resources current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ramaco Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Ramaco Stock refer to our How to Trade Ramaco Stock guide.At present, Ramaco Resources' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 728.2 M, whereas Net Interest Income is projected to grow to (8.3 M).
Ramaco Resources income statement Correlations
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Ramaco Resources Account Relationship Matchups
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Ramaco Resources income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 1.2M | 1.2M | 2.6M | 6.8M | 8.9M | 9.3M | |
| Selling General Administrative | 14.0M | 18.2M | 21.0M | 21.6M | 48.3M | 50.7M | |
| Total Revenue | 230.2M | 168.9M | 283.4M | 565.7M | 693.5M | 728.2M | |
| Gross Profit | 67.7M | 23.4M | 88.0M | 232.7M | 199.7M | 209.7M | |
| Other Operating Expenses | 200.7M | 188.0M | 243.9M | 415.3M | 598.3M | 628.2M | |
| Operating Income | 29.5M | (7.2M) | 39.5M | 150.4M | 95.2M | 100.0M | |
| Net Income From Continuing Ops | 25.1M | 24.9M | (4.9M) | 39.8M | 66.7M | 70.0M | |
| Ebit | 29.5M | (7.2M) | 39.5M | 150.4M | 95.2M | 100.0M | |
| Ebitda | 49.1M | 14.3M | 73.2M | 192.7M | 150.9M | 158.4M | |
| Cost Of Revenue | 162.5M | 145.5M | 195.4M | 333.0M | 493.8M | 518.5M | |
| Total Operating Expenses | 38.2M | 42.5M | 48.4M | 82.3M | 104.5M | 109.7M | |
| Income Before Tax | 30.1M | (8.4M) | 44.4M | 146.2M | 104.7M | 109.9M | |
| Total Other Income Expense Net | 565K | 10.7M | 4.9M | (4.2M) | 9.4M | 9.9M | |
| Net Income Applicable To Common Shares | 25.1M | 24.9M | (4.9M) | 39.8M | 45.7M | 48.0M | |
| Net Income | 24.9M | (4.9M) | 39.8M | 116.0M | 82.3M | 86.4M | |
| Income Tax Expense | 5.2M | (3.5M) | 4.6M | 30.2M | 22.4M | 23.5M | |
| Net Interest Income | (1.2M) | (1.2M) | (2.6M) | (6.8M) | (8.8M) | (8.3M) | |
| Depreciation And Amortization | 19.5M | 21.5M | 33.6M | 42.3M | 55.7M | 58.4M | |
| Reconciled Depreciation | 19.5M | 20.9M | 26.2M | 41.2M | 51.1M | 27.4M | |
| Non Operating Income Net Other | 2.5M | 1.8M | 11.9M | 7.4M | 8.5M | 5.7M | |
| Tax Provision | 5.2M | (3.5M) | 4.6M | 30.2M | 16.6M | 9.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ramaco Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ramaco Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ramaco Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ramaco Resources Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ramaco Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Ramaco Stock refer to our How to Trade Ramaco Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ramaco Resources. If investors know Ramaco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ramaco Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Dividend Share 0.538 | Earnings Share 0.67 | Revenue Per Share 14.816 | Quarterly Revenue Growth (0.10) |
The market value of Ramaco Resources is measured differently than its book value, which is the value of Ramaco that is recorded on the company's balance sheet. Investors also form their own opinion of Ramaco Resources' value that differs from its market value or its book value, called intrinsic value, which is Ramaco Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ramaco Resources' market value can be influenced by many factors that don't directly affect Ramaco Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ramaco Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ramaco Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ramaco Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.