Ramaco Total Assets vs Other Liab Analysis
METC Stock | USD 12.44 0.12 0.96% |
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 Total Assets and its Other Liab 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.
Total Assets vs Other Liab
Total Assets vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ramaco Resources Total Assets account and Other Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ramaco Resources' Total Assets and Other Liab is 0.96. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Liab 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' Total Assets and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Ramaco Resources are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Assets i.e., Ramaco Resources' Total Assets and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Ramaco Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ramaco Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Liab
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 11.75, whereas Tax Provision is forecasted to decline to about 9.8 M.
Ramaco Resources fundamental ratios Correlations
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Ramaco Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ramaco Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 226.8M | 228.6M | 329.0M | 596.3M | 665.8M | 699.1M | |
Short Long Term Debt Total | 12.9M | 17.5M | 51.4M | 138.1M | 100.6M | 105.6M | |
Total Stockholder Equity | 170.1M | 169.1M | 211.1M | 309.2M | 369.6M | 388.1M | |
Other Liab | 20.6M | 17.8M | 31.0M | 67.2M | 77.3M | 81.2M | |
Net Tangible Assets | 141.1M | 170.1M | 169.1M | 211.1M | 242.7M | 124.2M | |
Property Plant And Equipment Net | 178.2M | 180.5M | 236.2M | 442.7M | 469.4M | 492.8M | |
Net Debt | 7.4M | 12.2M | 29.5M | 102.5M | 58.6M | 61.5M | |
Non Current Assets Total | 182.5M | 186.1M | 242.3M | 448.9M | 476.1M | 499.9M | |
Other Assets | 4.3M | 5.7M | 6.1M | 5.4M | 6.2M | 4.8M | |
Common Stock Shares Outstanding | 40.8M | 42.5M | 44.3M | 44.7M | 44.8M | 45.5M | |
Liabilities And Stockholders Equity | 226.8M | 228.6M | 329.0M | 596.3M | 665.8M | 699.1M | |
Non Current Liabilities Total | 30.3M | 30.4M | 71.3M | 124.3M | 126.2M | 132.6M | |
Other Current Assets | 4.3M | 5.0M | 4.6M | 25.7M | 13.7M | 14.4M | |
Other Stockholder Equity | 155.0M | 158.9M | 163.6M | 168.7M | 277.1M | 291.0M | |
Total Liab | 56.7M | 59.5M | 118.0M | 287.1M | 296.2M | 311.0M | |
Property Plant And Equipment Gross | 178.2M | 180.5M | 236.2M | 442.7M | 609.1M | 639.6M | |
Total Current Assets | 44.3M | 42.5M | 86.8M | 147.5M | 189.7M | 199.2M | |
Common Stock | 410K | 427K | 441K | 442K | 528K | 299.6K | |
Property Plant Equipment | 178.2M | 180.5M | 236.2M | 227.1M | 261.1M | 141.5M | |
Other Current Liab | 656K | 12.4M | 280K | 46.4M | 56.4M | 59.2M | |
Total Current Liabilities | 26.4M | 29.1M | 46.7M | 162.8M | 170.0M | 178.5M | |
Accounts Payable | 10.7M | 11.7M | 15.3M | 34.8M | 51.6M | 54.2M | |
Cash | 5.5M | 5.3M | 21.9M | 35.6M | 42.0M | 44.1M | |
Non Currrent Assets Other | (21.6M) | (24.2M) | (18.2M) | (12.4M) | 6.7M | 7.1M | |
Cash And Short Term Investments | 5.5M | 5.3M | 21.9M | 35.6M | 42.0M | 23.2M | |
Retained Earnings | 14.7M | 9.8M | 47.1M | 140.0M | 91.9M | 96.5M | |
Long Term Debt | 9.6M | 12.6M | 35.7M | 51.6M | 33.6M | 21.8M | |
Net Receivables | 19.3M | 20.3M | 44.5M | 41.2M | 96.9M | 101.7M | |
Inventory | 15.3M | 11.9M | 15.8M | 45.0M | 37.2M | 20.7M | |
Short Long Term Debt | 3.3M | 4.9M | 7.7M | 75.6M | 56.5M | 59.4M | |
Short Term Debt | 3.3M | 5.0M | 11.1M | 81.6M | 62.0M | 65.1M | |
Common Stock Total Equity | 401K | 410K | 427K | 441K | 507.2K | 461.2K | |
Retained Earnings Total Equity | (10.2M) | 14.7M | 9.8M | 47.1M | 54.1M | 56.8M | |
Capital Surpluse | 150.9M | 155.0M | 158.9M | 163.6M | 188.1M | 172.4M | |
Net Invested Capital | 183.0M | 186.5M | 254.5M | 436.4M | 459.8M | 280.4M | |
Non Current Liabilities Other | 854K | 965K | 2.5M | 3.3M | 4.5M | 4.2M | |
Net Working Capital | 17.9M | 13.4M | 40.1M | (15.4M) | 19.8M | 13.8M | |
Capital Stock | 410K | 427K | 441K | 442K | 528K | 485.7K |
Also Currently Popular
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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.