Ramaco Asset Turnover vs Gross Profit Margin Analysis

METCL Stock  USD 25.50  0.09  0.35%   
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, Asset Turnover and its Gross Profit Margin 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 main economic indicators.

Asset Turnover vs Gross Profit Margin

Asset Turnover vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ramaco Resources, Asset Turnover account and Gross Profit Margin. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ramaco Resources,'s Asset Turnover and Gross Profit Margin is 0.63. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Gross Profit Margin 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,'s Asset Turnover and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Ramaco Resources, are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Asset Turnover i.e., Ramaco Resources,'s Asset Turnover and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Gross Profit Margin

Most indicators from Ramaco Resources,'s 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 main economic indicators.
At this time, Ramaco Resources,'s Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 6.41 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.07.
 2021 2022 2023 2024 (projected)
Total Revenue283.4M565.7M693.5M728.2M
Depreciation And Amortization236.6K42.3M55.7M58.4M

Ramaco Resources, fundamental ratios Correlations

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0.920.860.920.980.920.870.970.960.690.970.910.910.960.860.95-0.070.550.83-0.540.90.990.960.81-0.630.78
0.990.860.990.750.990.870.930.850.940.940.960.880.940.950.94-0.220.580.92-0.830.880.860.920.88-0.720.78
1.00.920.990.841.00.90.960.90.910.970.970.920.970.960.97-0.180.540.93-0.780.920.920.960.89-0.730.81
0.840.980.750.840.840.840.920.960.550.910.820.850.890.740.87-0.110.50.72-0.420.860.960.930.71-0.520.69
1.00.920.991.00.840.90.960.90.910.970.970.920.970.960.97-0.180.550.93-0.780.910.920.960.89-0.730.81
0.90.870.870.90.840.90.930.820.760.890.870.80.860.780.89-0.320.420.88-0.620.80.820.930.86-0.650.76
0.970.970.930.960.920.960.930.910.790.990.970.930.980.920.99-0.090.580.93-0.610.880.960.970.9-0.740.85
0.890.960.850.90.960.90.820.910.70.920.850.870.920.810.87-0.210.510.73-0.610.940.960.960.71-0.50.66
0.90.690.940.910.550.910.760.790.70.810.840.760.820.90.82-0.240.360.86-0.930.790.710.80.81-0.680.7
0.980.970.940.970.910.970.890.990.920.810.970.961.00.950.99-0.040.580.93-0.630.890.970.960.9-0.760.84
0.980.910.960.970.820.970.870.970.850.840.970.940.970.960.98-0.030.690.95-0.650.840.910.910.91-0.790.85
0.930.910.880.920.850.920.80.930.870.760.960.940.980.940.940.120.550.9-0.540.820.950.870.87-0.810.81
0.980.960.940.970.890.970.860.980.920.821.00.970.980.960.980.00.570.92-0.630.890.980.940.89-0.770.83
0.970.860.950.960.740.960.780.920.810.90.950.960.940.960.950.060.580.94-0.720.830.890.860.89-0.820.83
0.980.950.940.970.870.970.890.990.870.820.990.980.940.980.95-0.010.590.95-0.640.860.940.940.91-0.780.87
-0.14-0.07-0.22-0.18-0.11-0.18-0.32-0.09-0.21-0.24-0.04-0.030.120.00.06-0.010.060.00.48-0.260.01-0.28-0.03-0.290.11
0.590.550.580.540.50.550.420.580.510.360.580.690.550.570.580.590.060.48-0.270.520.540.510.52-0.320.55
0.940.830.920.930.720.930.880.930.730.860.930.950.90.920.940.950.00.48-0.640.740.830.850.96-0.880.88
-0.75-0.54-0.83-0.78-0.42-0.78-0.62-0.61-0.61-0.93-0.63-0.65-0.54-0.63-0.72-0.640.48-0.27-0.64-0.75-0.54-0.7-0.60.38-0.47
0.90.90.880.920.860.910.80.880.940.790.890.840.820.890.830.86-0.260.520.74-0.750.90.940.78-0.430.76
0.920.990.860.920.960.920.820.960.960.710.970.910.950.980.890.940.010.540.83-0.540.90.940.81-0.670.77
0.950.960.920.960.930.960.930.970.960.80.960.910.870.940.860.94-0.280.510.85-0.70.940.940.83-0.590.76
0.90.810.880.890.710.890.860.90.710.810.90.910.870.890.890.91-0.030.520.96-0.60.780.810.83-0.760.96
-0.75-0.63-0.72-0.73-0.52-0.73-0.65-0.74-0.5-0.68-0.76-0.79-0.81-0.77-0.82-0.78-0.29-0.32-0.880.38-0.43-0.67-0.59-0.76-0.66
0.820.780.780.810.690.810.760.850.660.70.840.850.810.830.830.870.110.550.88-0.470.760.770.760.96-0.66
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
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
Common Stock Shares Outstanding40.8M42.5M44.3M44.7M44.8M45.5M
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
Total Current Assets44.3M42.5M86.8M147.5M189.7M199.2M
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
Net Receivables19.3M20.3M44.5M41.2M96.9M101.7M
Inventory15.3M11.9M15.8M45.0M37.2M20.7M
Short Term Debt3.3M5.0M11.1M81.6M62.0M65.1M
Retained Earnings14.7M9.8M47.1M140.0M91.9M96.5M
Common Stock410K427K441K442K528K478.4K

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When determining whether Ramaco Resources, is a strong investment it is important to analyze Ramaco Resources,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ramaco Resources,'s future performance. For an informed investment choice regarding Ramaco Stock, refer to the following important reports:
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 main economic indicators.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Coal 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.
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,'s value that differs from its market value or its book value, called intrinsic value, which is Ramaco Resources,'s 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,'s market value can be influenced by many factors that don't directly affect Ramaco Resources,'s 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,'s 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,'s 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.