GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ramaco Resources Inc (NAS:METC) » Definitions » Equity-to-Asset

Ramaco Resources (Ramaco Resources) Equity-to-Asset : 0.55 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Ramaco Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ramaco Resources's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $372.3 Mil. Ramaco Resources's Total Assets for the quarter that ended in Mar. 2024 was $674.0 Mil. Therefore, Ramaco Resources's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.55.

The historical rank and industry rank for Ramaco Resources's Equity-to-Asset or its related term are showing as below:

METC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.08   Med: 0.7   Max: 0.84
Current: 0.55

During the past 10 years, the highest Equity to Asset Ratio of Ramaco Resources was 0.84. The lowest was -0.08. And the median was 0.70.

METC's Equity-to-Asset is ranked better than
54.11% of 632 companies
in the Steel industry
Industry Median: 0.53 vs METC: 0.55

Ramaco Resources Equity-to-Asset Historical Data

The historical data trend for Ramaco Resources's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ramaco Resources Equity-to-Asset Chart

Ramaco Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.74 0.64 0.52 0.56

Ramaco Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 0.51 0.55 0.56 0.55

Competitive Comparison of Ramaco Resources's Equity-to-Asset

For the Coking Coal subindustry, Ramaco Resources's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ramaco Resources's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ramaco Resources's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ramaco Resources's Equity-to-Asset falls into.



Ramaco Resources Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Ramaco Resources's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=369.605/665.836
=0.56

Ramaco Resources's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=372.268/674.011
=0.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ramaco Resources  (NAS:METC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Ramaco Resources Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Ramaco Resources's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Ramaco Resources (Ramaco Resources) Business Description

Traded in Other Exchanges
Address
250 West Main Street, Suite 1900, Lexington, KY, USA, 40507
Ramaco Resources Inc is a United States-based company engaged in operating and developing high-quality, low-cost metallurgical coal in southern West Virginia, southwestern Virginia and southwestern Pennsylvania. Its only revenue-generating product is metallurgical coal which is used to make metallurgical coke. This is used as an input in the blast furnace steel-making process. The company's customer base encompasses U.S.-based blast furnace steel mills and U.S.-based coke plants, as well as international metallurgical coal consumers. Ramaco's portfolio comprises of the Elk Creek, Berwind, RAM Mine, and Knox Creek projects.
Executives
Bryan H Lawrence director C/O CROSSTEX ENERGY HOLDINGS INC, 2501 CEDAR SPRINGS STE 600, DALLAS TX 75201
Peter A Leidel director
Yorktown Energy Partners Ix, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Yorktown Ix Associates Llc 10 percent owner 410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
Yorktown Energy Partners Xi, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Yorktown Xi Associates Llc 10 percent owner 410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
Richard M Whiting director 250 WEST MAIN STREET, SUITE 210, LEXINGTON KY 40507
Frischkorn David E K director 1301 MCKINNEY ST., SUITE 3550, HOUSTON TX 77010-3053
Aurelia Skipwith Giacometto director 20 F STREET, NW SUITE 700, WASHINGTON DC 40509
James Scott Kreutzer officer: SVP & Chief Admin. Officer C/O CONTURA ENERGY, INC., 340 MARTIN LUTHER KING JR. BLVD., BRISTOL TN 37620
Horn Paul Bryan Jr. officer: SVP & Chief Mine Dev. Officer C/O RAMACO RESOURCES, 20 F STREET NW, SUITE 700, WASHINGTON DC 20001
Energy Capital Partners Mezzanine Opportunities Fund A, Lp 10 percent owner 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Energy Capital Partners Mezzanine, Llc 10 percent owner 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Energy Capital Partners Mezzanine Opportunities Fund, Lp 10 percent owner 51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Jason Todd Fannin officer: Chief Commercial Officer 1529 EDGEMONT AVE., BRISTOL VA 37620

Ramaco Resources (Ramaco Resources) Headlines

From GuruFocus