METC
Price:
$18.7671
Market Cap:
$1.04B
Ramaco Resources, Inc. produces and sells metallurgical coal. The company's development portfolio includes the Elk Creek project consisting of approximately 20,200 acres of controlled mineral and 16 seams located in southern West Virginia; the Berwind property comprising approximately 41,300 acres of controlled mineral and an area of Squire Jim seam coal deposits, which is situated on the border of West Virginia and Virginia; the Knox Creek property consisting of approximately 62,100 acres of controlled mineral that is located in Virginia; and the RAM Mine property comprising approximately 1,570 acres of controlled mineral, which is situated in southwestern Pennsylvania. The company serves b...[Read more]
Industry
Coal
IPO Date
2017-02-03
Stock Exchange
NASDAQ
Ticker
METC
According to Ramaco Resources, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.97. This represents a change of 69.35% compared to the average of 1.76 of the last 4 quarters.
The mean historical Current Ratio of Ramaco Resources, Inc. over the last ten years is 1.64. The current 2.97 Current Ratio has changed 18.06% with respect to the historical average. Over the past ten years (40 quarters), METC's Current Ratio was at its highest in in the September 2016 quarter at 16.49. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
1.64
Median
1.37
Minimum
0.91
Maximum
4.12
Discovering the peaks and valleys of Ramaco Resources, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Current Ratio = 4.12
Minimum Annual Increase = -68.10%
Minimum Annual Current Ratio = 0.91
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.37 | 22.67% |
| 2023 | 1.12 | 23.24% |
| 2022 | 0.91 | -51.29% |
| 2021 | 1.86 | 27.38% |
| 2020 | 1.46 | -13.01% |
| 2019 | 1.68 | 43.03% |
| 2018 | 1.17 | -10.69% |
| 2017 | 1.31 | -68.10% |
| 2016 | 4.12 | 199.99% |
| 2015 | 1.37 | Infinity% |
The current Current Ratio of Ramaco Resources, Inc. (METC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.13
5-year avg
1.34
10-year avg
1.64
Ramaco Resources, Inc.’s Current Ratio is greater than Natural Resource Partners L.P. (2.14), greater than Canadian Solar Inc. (1.07), greater than NextDecade Corporation (0.64), greater than Global Partners LP (1.18), greater than Dnow Inc. (2.52), greater than World Kinect Corporation (1.15), greater than Enerflex Ltd. (1.19), greater than Atlas Energy Solutions Inc. (1.35), greater than FLEX LNG Ltd. (2.84), greater than Expro Group Holdings N.V. (2.11),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.14 | $1.37B | |
| 1.07 | $1.64B | |
| 0.64 | $1.68B | |
| 1.18 | $1.55B | |
| 2.52 | $1.50B | |
| 1.15 | $1.36B | |
| 1.19 | $1.76B | |
| 1.35 | $1.26B | |
| 2.84 | $1.39B | |
| 2.11 | $1.73B |
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How does the current Current Ratio for Ramaco Resources, Inc. (METC) compare to its historical average?