Ramaco Resources, Inc. Financial Ratios — METC Stock

Profitability (USD)

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	19.7	16.02	-2.89	20.92	44.61	24.25	3.06	-12.16
Return on Assets (%)	- -	-14.49	-10.77	-11.54	14.91	12.01	-2.15	14.26	25.08	13.04	1.67	-5.67
Return on Capital (%)	- -	- -	- -	- -	20.07	15.54	- -	18.73	34.22	19.47	3.38	- -
Return on Invested Capital (%)	- -	- -	- -	- -	18.17	14.67	- -	15.76	33.63	16.33	2.67	- -
Gross Margin (%)	- -	- -	15.7	0.84	22.42	29.43	13.86	31.05	41.14	28.8	19.96	15.51
EBITDA Margin (%)	- -	- -	-139.53	-20.87	16.05	21.31	1.08	23.2	33.87	21.56	12.34	2.27
Operating Margin (%)	- -	- -	-144.36	-26.04	10.59	12.83	-11.3	13.95	26.58	13.73	2.5	-10.43
Incremental Operating Margin (%)	- -	- -	- -	- -	24.01	205.99	79.33	51.21	39.27	- -	288.7	55.98
Pretax Margin (%)	- -	- -	-144.08	-25.26	11.07	13.07	-4.97	15.67	25.84	15.09	2.24	-11.58
Profit Margin (%)	- -	- -	-144.08	-25.26	11.02	10.83	-2.91	14.03	20.51	11.87	1.68	-9.59
Net Income to Common Margin (%)	- -	- -	-144.08	-25.26	11.02	10.83	-2.91	14.03	20.51	11.87	1.68	-9.59
Effective Tax Rate (%)	- -	- -	- -	- -	0.45	17.15	- -	10.46	20.63	21.35	24.99	- -
Dvd Payout Ratio (%)	- -	- -	- -	-35.06	- -	- -	- -	- -	17.27	31.37	219.82	-8.44
Sustainable Growth Rate (%)	- -	- -	- -	- -	19.7	16.02	-2.89	20.92	36.9	16.64	-3.66	-13.18

Credit (USD)

Credit Ratios API ChatGPT

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	11	11	11	- -	9	13	17	51	138	101	102	469
ST Debt	- -	- -	1	- -	5	3	5	11	82	62	7	7
LT Debt	11	11	11	- -	4	10	13	40	57	39	96	462
Total Debt/EBITDA	-6.26	-4.58	-1.53	- -	0.26	0.26	9.59	0.78	0.72	0.67	1.24	38.44
Net Debt/EBITDA	-6.26	-4.15	-0.82	0.47	0.07	0.15	6.68	0.33	0.48	0.32	0.68	0.91
Total Debt/EBIT	-6.26	-4.58	-1.48	- -	0.39	0.44	-0.91	1.3	0.92	1.06	6.15	-8.38
Net Debt/EBIT	-6.26	-4.15	-0.79	0.37	0.1	0.25	-0.64	0.54	0.61	0.51	3.34	-0.2
EBITDA to Interest Expense	-2,838.46	-1,213.89	-58.69	-557.73	25.59	41.12	1.49	25.72	28.05	16.79	13.43	1.56
EBITDA-CapEx/Interest Expense	-9,566	-3,736.65	-193.56	-3,843	-8.14	2.79	-18.74	14.19	28.05	16.79	13.43	-0.81
EBIT to Interest Expense	-2,838.46	-1,213.89	-60.73	-695.81	16.89	24.75	-15.6	15.47	22.02	10.7	2.72	-7.17
Interest Expense	- -	- -	- -	- -	1	1	1	3	7	9	6	8
Common Equity/Total Assets	-8.2	32.72	-4.18	76.57	74.96	74.99	73.96	64.15	51.85	55.51	53.77	42.4
Long-Term Debt/Equity (%)	- -	160.41	12.69	- -	3.17	5.65	7.44	19.09	18.27	10.43	26.38	95.45
Long-Term Debt/Capital (%)	109.65	61.6	11.2	- -	2.97	5.25	6.74	15.35	12.63	8.2	20.58	48.46
Long-Term Debt/Total Assets (%)	93.11	52.49	8.92	- -	2.38	4.24	5.5	12.25	9.48	5.79	14.19	40.47
Total Debt/Equity (%)	-1,135.97	160.41	13.28	- -	6.71	7.61	10.32	24.37	44.67	27.2	28.19	96.96
Total Debt/Capital (%)	109.65	61.6	11.73	- -	6.29	7.07	9.35	19.59	30.88	21.39	21.99	49.23
Total Debt/Total Assets (%)	93.11	52.49	9.34	- -	5.03	5.71	7.63	15.63	23.16	15.1	15.16	41.11
Net Debt to Equity	-1,135.97	145.49	7.08	-5.23	1.79	4.36	7.19	10.18	29.63	13.05	15.31	2.29
Net Debt/Capital (%)	109.65	59.27	6.61	-5.52	1.76	4.18	6.7	8.93	22.25	11.26	12.85	2.16
EBITDA	-2	-2	-7	-13	37	49	2	66	192	149	82	12
EBITDA-CapEx	-6	-7	-24	-88	-12	3	-23	36	192	149	82	-6
Operating Income (Loss)	-2	-2	-8	-16	24	30	-19	40	150	95	17	-56

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	1.09	3.94	0.5	0.23	0.21	0.18	0.47	0.22	0.25	0.27	4.02
Current Ratio	- -	1.37	4.12	1.31	1.17	1.68	1.46	1.86	0.91	1.12	1.37	5.46
Quick Ratio	- -	1.09	3.99	0.82	0.59	0.94	0.88	1.42	0.47	0.82	0.87	4.52
CFO/Avg Current Liab	- -	-4.19	-0.47	-0.45	1.38	1.51	0.48	1.41	1.79	0.97	0.77	0.02
Common Equity/Total Assets	-8.2	32.72	-4.18	76.57	74.96	74.99	73.96	64.15	51.85	55.51	53.77	42.4
Long-Term Debt/Equity (%)	- -	160.41	12.69	- -	3.17	5.65	7.44	19.09	18.27	10.43	26.38	95.45
Long-Term Debt/Capital (%)	109.65	61.6	11.2	- -	2.97	5.25	6.74	15.35	12.63	8.2	20.58	48.46
Long-Term Debt/Total Assets (%)	93.11	52.49	8.92	- -	2.38	4.24	5.5	12.25	9.48	5.79	14.19	40.47
Total Debt/Equity (%)	-1,135.97	160.41	13.28	- -	6.71	7.61	10.32	24.37	44.67	27.2	28.19	96.96
Total Debt/Capital (%)	109.65	61.6	11.73	- -	6.29	7.07	9.35	19.59	30.88	21.39	21.99	49.23
Total Debt/Total Assets (%)	93.11	52.49	9.34	- -	5.03	5.71	7.63	15.63	23.16	15.1	15.16	41.11
CFO/Total Liabilities	-13.25	-14	-10.9	-24.41	76.76	74.71	22.36	45.22	65.43	54.36	36.12	0.3
CFO/CapEx	-0.41	-0.4	-0.23	-0.11	0.75	0.93	0.54	1.81	- -	- -	- -	0.11
Altman's Z-Score	- -	- -	- -	4.42	4.08	3.16	1.82	4.61	2.88	3.57	2.34	1.91

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	11.4	15.11	25.43	15.36	8.54	8.75	13.21	10.05	7.82	8.39
Days Sales Outstanding	- -	- -	32.01	24.16	14.35	23.77	42.74	41.7	27.62	36.33	46.69	43.51
Inventory Turnover	- -	- -	5.79	10.46	14.57	11.04	10.7	14.09	10.96	12.02	13.25	6.95
Days Inventory Outstanding	- -	- -	63.03	34.91	25.06	33.08	34.13	25.91	33.31	30.36	27.56	52.53
Accounts Payable Turnover	- -	- -	1.23	4.85	10.06	12.09	12.69	14.71	14.44	11.24	10.74	10.99
Accounts Payable Turnover Days	- -	- -	296.05	75.29	36.29	30.19	28.76	24.81	25.28	32.46	33.99	33.2
Cash Conversion Cycle	- -	- -	-201.01	-16.21	3.12	26.66	48.11	42.79	35.65	34.22	40.25	62.84
Inventory to Cash Days	- -	- -	-31.03	-10.75	-10.71	-9.31	8.61	15.79	-5.68	5.97	19.13	-9.02
Inventories	- -	- -	2	10	14	15	12	16	45	37	43	87
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	27	25	25	39
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	18	12	18	49
Other Inventory	- -	- -	2	10	14	15	12	16	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	268	196	145	121	591	383	903	545	1,196
- Cash & Cash Equivalents	- -	1	5	6	7	6	5	22	36	42	33	440
+ Preferred Equity and Hybrid Capital	- -	- -	89	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	11	11	11	- -	9	13	17	51	138	101	102	469
Enterprise Value	- -	- -	- -	257	198	152	133	621	485	961	615	1,225
Total Capital	10	17	95	113	151	183	187	263	447	470	465	952
Total Debt/Capital (%)	109.65	61.6	11.73	- -	6.29	7.07	9.35	19.59	30.88	21.39	21.99	49.23
Total Debt / EV	- -	- -	- -	- -	0.05	0.09	0.13	0.08	0.28	0.1	0.17	0.38
EV/Sales	- -	- -	- -	4.22	0.87	0.66	0.79	2.19	0.86	1.39	0.92	2.28
EV/EBITDA	- -	- -	- -	- -	5.43	3.1	73.36	9.45	2.53	6.43	7.47	100.4
EV/EBIT	- -	- -	- -	- -	8.23	5.14	- -	15.71	3.23	10.09	36.94	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	5.27	3.5	- -	11.16	2.51	5.72	5.24	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	23.73	2.51	5.72	5.24	- -
Diluted Market Cap	- -	- -	- -	255	197	144	121	594	388	806	545	935
Diluted Enterprise Value	- -	- -	- -	244	199	152	133	623	490	865	615	964
EV per Share	- -	- -	- -	6.5	4.94	3.71	3.12	14.08	10.99	18.04	11.4	18.43
TTM Sales	- -	- -	5	61	228	230	169	283	566	694	666	537
TTM EBITDA	-2	-2	-7	-13	37	49	2	66	192	149	82	12
TTM Operating Income	-2	-2	-8	-16	24	30	-19	40	150	95	17	-56
TTM Cash Flow to Firm	- -	- -	- -	- -	38	43	- -	56	193	168	117	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	-11	-2	- -	26	193	168	117	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	-3.06	-16.44	-43.17	-10.54	24.86	2.06	5.01	4.84	-56.43
EV/EBIT	- -	- -	- -	- -	8.23	5.14	- -	15.71	3.23	10.09	36.94	- -
Enterprise Value	- -	- -	- -	257	198	152	133	621	485	961	615	1,225
Low Price	- -	- -	- -	3.76	4.29	2.97	1.73	2.72	8.32	7.16	8.91	6.3
EV/Sales	- -	- -	- -	4.22	0.87	0.66	0.79	2.19	0.86	1.39	0.92	2.28
EV/EBITDA	- -	- -	- -	- -	5.43	3.1	73.36	9.45	2.53	6.43	7.47	100.4
Price/Earnings	- -	- -	- -	- -	7.8	5.78	- -	14.83	3.3	9.57	48.72	- -
Price/Earnings Average	- -	- -	- -	- -	11.06	7.85	- -	8.48	4.84	5.76	66.77	- -
Price/Earnings High	- -	- -	- -	- -	14.72	11.66	- -	21.8	8.16	11.11	107.79	- -
Price/Earnings Low	- -	- -	- -	- -	6.85	4.86	- -	3.01	3.16	4.05	42.88	- -
Price/Book Value	- -	- -	- -	2.37	1.39	0.85	0.72	2.8	1.24	2.44	1.5	2.47
Price/Book Value Average	- -	- -	- -	2.48	1.97	1.15	0.7	1.6	1.82	1.47	2.06	2.38
Price/Book Value High	- -	- -	- -	5.08	2.62	1.71	0.99	4.12	3.06	2.84	3.33	7.94
Price/Book Value Low	- -	- -	- -	1.31	1.22	0.71	0.44	0.57	1.19	1.03	1.32	0.87
Price/Tangible Book Value	- -	- -	- -	2.37	1.39	0.85	0.72	2.8	1.24	2.44	1.5	2.47
Price/Tangible Book Value Average	- -	- -	- -	2.48	1.97	1.15	0.7	1.6	1.82	1.47	2.06	2.38
Price/Tangible Book Value High	- -	- -	- -	5.08	2.62	1.71	0.99	4.12	3.06	2.84	3.33	7.94
Price/Tangible Book Value Low	- -	- -	- -	1.31	1.22	0.71	0.44	0.57	1.19	1.03	1.32	0.87
Price/Sales	- -	- -	- -	4.18	0.86	0.63	0.71	2.08	0.68	1.14	0.82	1.74
Price/Sales Average	- -	- -	- -	4.38	1.22	0.85	0.7	1.19	0.99	0.68	1.12	1.68
Price/Sales High	- -	- -	- -	8.98	1.62	1.26	0.99	3.06	1.67	1.32	1.81	5.6
Price/Sales Low	- -	- -	- -	2.31	0.75	0.53	0.43	0.42	0.65	0.48	0.72	0.61
Price/Cash Flow	- -	- -	- -	-30.12	5.4	3.4	9.06	11.05	2.04	4.89	4.84	475.05
Price/Cash Flow Average	- -	- -	- -	-31.54	7.66	4.62	8.86	6.32	2.99	2.94	6.63	456.92
Price/Cash Flow High	- -	- -	- -	-64.72	10.2	6.86	12.52	16.25	5.04	5.68	10.71	1,525.45
Price/Cash Flow Low	- -	- -	- -	-16.68	4.75	2.86	5.5	2.24	1.95	2.07	4.26	166.27
Price/Free Cash Flow Average	- -	- -	- -	-3.2	-23.32	-58.58	-10.3	14.21	3.03	3.01	6.63	-54.28
Price/Free Cash Flow High	- -	- -	- -	-6.56	-31.06	-87.06	-14.57	36.55	5.1	5.81	10.71	-181.21
Price/Free Cash Flow Low	- -	- -	- -	-1.69	-14.45	-36.29	-6.4	5.05	1.98	2.12	4.26	-19.75
EV/Sales Average	- -	- -	- -	4.42	1.23	0.88	0.77	1.3	1.17	0.87	1.23	2.2
EV/Sales High	- -	- -	- -	9.26	1.64	1.3	1.06	3.17	1.85	1.6	1.91	7.21
EV/Sales Low	- -	- -	- -	2.25	0.77	0.56	0.51	0.53	0.83	0.63	0.82	0.83
EV/EBITDA Average	- -	- -	- -	- -	7.67	4.15	71.86	5.59	3.47	4.02	9.93	96.66
EV/EBITDA High	- -	- -	- -	- -	10.19	6.09	98.83	13.67	5.47	7.4	15.51	317.23
EV/EBITDA Low	- -	- -	- -	- -	4.78	2.63	47.2	2.28	2.45	2.94	6.68	36.66
EV/EBIT Average	- -	- -	- -	- -	11.62	6.89	- -	9.3	4.42	6.32	49.08	- -
EV/EBIT High	- -	- -	- -	- -	15.44	10.12	- -	22.74	6.97	11.62	76.68	- -
EV/EBIT Low	- -	- -	- -	- -	7.24	4.37	- -	3.78	3.12	4.62	33.01	- -
Last Price	- -	- -	- -	6.79	4.88	3.53	2.84	13.41	8.67	16.94	10.12	18
High Price	- -	- -	- -	14.58	9.22	7.12	3.93	19.71	21.43	19.66	22.39	57.8
Enterprise Value Average	- -	- -	- -	270	280	204	131	368	664	602	817	1,179
Enterprise Value High	- -	- -	- -	565	372	299	180	899	1,049	1,106	1,276	3,870
Enterprise Value Low	- -	- -	- -	138	174	129	86	150	470	440	549	447

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	39	39	40	40	40	41	43	44	44	53	54	66
Diluted Weighted Avg Shares	40	40	39	38	40	41	42	44	45	48	54	52
Basic Weighted Avg Shares	39	39	39	38	40	41	42	44	44	47	54	52
Revenue per Share	- -	- -	0.13	1.62	5.68	5.64	3.98	6.45	12.81	14.91	12.36	10.33
EBITDA per Share	-0.05	-0.06	-0.19	-0.34	0.91	1.2	0.04	1.5	4.34	3.21	1.53	0.23
Operating Income per Share	-0.05	-0.06	-0.19	-0.42	0.6	0.72	-0.45	0.9	3.41	2.05	0.31	-1.08
Basic EPS, GAAP	-0.05	-0.06	-0.19	-0.41	0.63	0.61	-0.12	0.9	2.63	1.77	0.21	-0.99
Basic EPS from Cont Ops	-0.05	-0.06	-0.19	-0.41	0.63	0.61	-0.12	0.9	2.63	1.77	0.21	-0.99
Diluted EPS, GAAP	-0.04	-0.06	-0.19	-0.41	0.62	0.61	-0.12	0.9	2.6	1.73	0.21	-0.99
Diluted EPS from Cont Ops	-0.04	-0.06	-0.19	-0.41	0.62	0.61	-0.12	0.9	2.6	1.73	0.21	-0.99
Dividend per Share	- -	- -	- -	0.14	- -	- -	- -	- -	0.45	0.56	0.46	0.08
Cash Flow per Share	-0.04	-0.05	-0.1	-0.23	0.9	1.04	0.31	1.21	4.25	3.46	2.09	0.04
Free Cash Flow per Basic Share	-0.15	-0.17	-0.53	-2.22	-0.3	-0.08	-0.27	0.54	4.25	3.46	2.09	-0.32
Cash & Equivalents per Share	- -	0.03	1.53	0.28	0.17	0.14	0.12	0.5	0.81	0.79	0.61	6.63
Book Value per Share	-0.02	0.17	-0.13	2.87	3.52	4.16	3.96	4.79	7	6.94	6.73	7.28
Tangible Book Value per Share	-0.02	0.17	-0.13	2.87	3.52	4.16	3.96	4.79	7	6.94	6.73	7.28