METCB
Price:
$12.37
Market Cap:
$973.02M
Ramaco Resources, Inc. operates, develops, and sells metallurgical coal. Its development portfolio includes the Elk Creek project located in southern West Virginia; the Berwind property situated on the border of West Virginia and Virginia; the Knox Creek property is located in Virginia; and the RAM Mine property situated in southwestern Pennsylvania. The company serves blast furnace steel mills and coke plants in the United States, as well as international metallurgical coal consumers. The company was founded in 2015 and is headquartered in Lexington, Kentucky.
Industry
Coal
IPO Date
2023-06-21
Stock Exchange
NASDAQ
Ticker
METCB
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), METCB'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. (METCB) 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 Baytex Energy Corp. (0.68), greater than Natural Resource Partners L.P. (2.14), less than Alpha Metallurgical Resources, Inc. (3.95), greater than Talos Energy Inc. (1.22), greater than Calumet, Inc. (1.13), greater than Genesis Energy, L.P. (0.97), greater than SolarEdge Technologies, Inc. (2.28), greater than Crescent Energy Company (0.02), greater than NextDecade Corporation (0.64), greater than Shoals Technologies Group, Inc. (2.19),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.68 | $2.50B | |
| 2.14 | $1.38B | |
| 3.95 | $2.33B | |
| 1.22 | $2.11B | |
| 1.13 | $1.68B | |
| 0.97 | $1.97B | |
| 2.28 | $1.77B | |
| 0.02 | $2.54B | |
| 0.64 | $1.63B | |
| 2.19 | $1.34B |
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How does the current Current Ratio for Ramaco Resources, Inc. (METCB) compare to its historical average?