Ramaco Change To Account Receivables vs Change To Netincome Analysis

METC Stock  USD 12.77  0.42  3.40%   
Ramaco Resources financial indicator trend analysis is much more than just breaking down Ramaco Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ramaco Resources is a good investment. Please check the relationship between Ramaco Resources Change To Account Receivables and its Change To Netincome accounts. 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.

Change To Account Receivables vs Change To Netincome

Change To Account Receivables vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ramaco Resources Change To Account Receivables account and Change To Netincome. At this time, the significance of the direction appears to have pay attention.
The correlation between Ramaco Resources' Change To Account Receivables and Change To Netincome is -0.73. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Ramaco Resources, assuming nothing else is changed. The correlation between historical values of Ramaco Resources' Change To Account Receivables and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Ramaco Resources are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Change To Account Receivables i.e., Ramaco Resources' Change To Account Receivables and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Change To Account Receivables

Change To Netincome

Most indicators from Ramaco Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 6.41, whereas Tax Provision is forecasted to decline to about 9.8 M.

Ramaco Resources fundamental ratios Correlations

0.920.990.960.81.00.841.00.710.660.970.890.90.980.990.980.090.810.930.980.970.98-0.140.590.930.73
0.920.860.960.640.920.980.920.560.580.970.960.690.970.90.910.10.660.910.960.860.95-0.070.550.980.88
0.990.860.90.850.990.750.990.770.640.930.850.940.940.970.960.090.870.880.940.950.94-0.220.580.890.67
0.960.960.90.640.950.90.950.560.70.990.890.780.990.970.950.130.650.960.990.930.980.020.510.940.76
0.80.640.850.640.820.550.820.790.540.70.70.890.70.760.710.210.990.580.690.710.7-0.540.360.720.61
1.00.920.990.950.820.841.00.710.650.960.90.910.970.990.970.130.830.920.970.960.97-0.180.540.940.73
0.840.980.750.90.550.840.840.480.490.920.960.550.910.80.820.10.570.850.890.740.87-0.110.50.960.91
1.00.920.990.950.821.00.840.720.650.960.90.910.970.990.970.130.830.920.970.960.97-0.180.550.940.73
0.710.560.770.560.790.710.480.720.460.640.580.720.630.670.690.360.820.540.610.630.64-0.440.560.630.56
0.660.580.640.70.540.650.490.650.460.660.480.590.670.710.690.090.550.70.680.70.690.170.460.560.47
0.970.970.930.990.70.960.920.960.640.660.910.790.990.960.970.10.720.930.980.920.99-0.090.580.970.83
0.890.960.850.890.70.90.960.90.580.480.910.70.920.850.850.120.710.870.920.810.87-0.210.510.960.84
0.90.690.940.780.890.910.550.910.720.590.790.70.810.90.840.20.880.760.820.90.82-0.240.360.730.46
0.980.970.940.990.70.970.910.970.630.670.990.920.810.980.970.10.720.961.00.950.99-0.040.580.960.79
0.990.90.970.970.760.990.80.990.670.710.960.850.90.980.980.120.770.950.980.980.98-0.070.530.90.68
0.980.910.960.950.710.970.820.970.690.690.970.850.840.970.980.00.740.940.970.960.98-0.030.690.90.72
0.090.10.090.130.210.130.10.130.360.090.10.120.20.10.120.00.140.070.090.070.09-0.11-0.390.120.08
0.810.660.870.650.990.830.570.830.820.550.720.710.880.720.770.740.140.590.70.730.73-0.530.460.740.64
0.930.910.880.960.580.920.850.920.540.70.930.870.760.960.950.940.070.590.980.940.940.120.550.880.65
0.980.960.940.990.690.970.890.970.610.680.980.920.821.00.980.970.090.70.980.960.980.00.570.940.75
0.970.860.950.930.710.960.740.960.630.70.920.810.90.950.980.960.070.730.940.960.950.060.580.830.58
0.980.950.940.980.70.970.870.970.640.690.990.870.820.990.980.980.090.730.940.980.95-0.010.590.930.78
-0.14-0.07-0.220.02-0.54-0.18-0.11-0.18-0.440.17-0.09-0.21-0.24-0.04-0.07-0.03-0.11-0.530.120.00.06-0.010.06-0.24-0.3
0.590.550.580.510.360.540.50.550.560.460.580.510.360.580.530.69-0.390.460.550.570.580.590.060.530.52
0.930.980.890.940.720.940.960.940.630.560.970.960.730.960.90.90.120.740.880.940.830.93-0.240.530.9
0.730.880.670.760.610.730.910.730.560.470.830.840.460.790.680.720.080.640.650.750.580.78-0.30.520.9
Click cells to compare fundamentals

Ramaco Resources Account Relationship Matchups

Ramaco Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets226.8M228.6M329.0M596.3M665.8M699.1M
Short Long Term Debt Total12.9M17.5M51.4M138.1M100.6M105.6M
Total Stockholder Equity170.1M169.1M211.1M309.2M369.6M388.1M
Other Liab20.6M17.8M31.0M67.2M77.3M81.2M
Net Tangible Assets141.1M170.1M169.1M211.1M242.7M124.2M
Property Plant And Equipment Net178.2M180.5M236.2M442.7M469.4M492.8M
Net Debt7.4M12.2M29.5M102.5M58.6M61.5M
Non Current Assets Total182.5M186.1M242.3M448.9M476.1M499.9M
Other Assets4.3M5.7M6.1M5.4M6.2M4.8M
Common Stock Shares Outstanding40.8M42.5M44.3M44.7M96.6M51.2M
Liabilities And Stockholders Equity226.8M228.6M329.0M596.3M665.8M699.1M
Non Current Liabilities Total30.3M30.4M71.3M124.3M126.2M132.6M
Other Current Assets4.3M5.0M4.6M25.7M13.7M14.4M
Other Stockholder Equity155.0M158.9M163.6M168.7M277.1M291.0M
Total Liab56.7M59.5M118.0M287.1M296.2M311.0M
Property Plant And Equipment Gross178.2M180.5M236.2M442.7M609.1M639.6M
Total Current Assets44.3M42.5M86.8M147.5M189.7M199.2M
Common Stock410K427K441K442K528K299.6K
Property Plant Equipment178.2M180.5M236.2M227.1M261.1M141.5M
Other Current Liab656K12.4M280K46.4M56.4M59.2M
Total Current Liabilities26.4M29.1M46.7M162.8M170.0M178.5M
Accounts Payable10.7M11.7M15.3M34.8M51.6M54.2M
Cash5.5M5.3M21.9M35.6M42.0M44.1M
Non Currrent Assets Other(21.6M)(24.2M)(18.2M)(12.4M)6.7M7.1M
Cash And Short Term Investments5.5M5.3M21.9M35.6M42.0M23.2M
Retained Earnings14.7M9.8M47.1M140.0M91.9M96.5M
Long Term Debt9.6M12.6M35.7M51.6M33.6M21.8M
Net Receivables19.3M20.3M44.5M41.2M96.9M101.7M
Inventory15.3M11.9M15.8M45.0M37.2M20.7M
Short Long Term Debt3.3M4.9M7.7M75.6M56.5M59.4M
Short Term Debt3.3M5.0M11.1M81.6M62.0M65.1M
Common Stock Total Equity401K410K427K441K507.2K461.2K
Retained Earnings Total Equity(10.2M)14.7M9.8M47.1M54.1M56.8M
Capital Surpluse150.9M155.0M158.9M163.6M188.1M172.4M
Net Invested Capital183.0M186.5M254.5M436.4M459.8M280.4M
Non Current Liabilities Other854K965K2.5M3.3M4.5M4.2M
Net Working Capital17.9M13.4M40.1M(15.4M)19.8M13.8M
Capital Stock410K427K441K442K528K485.7K

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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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.