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Ramaco Resources (Ramaco Resources) Total Current Liabilities : $148.5 Mil (As of Mar. 2024)


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What is Ramaco Resources Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Ramaco Resources's total current liabilities for the quarter that ended in Mar. 2024 was $148.5

Ramaco Resources Total Current Liabilities Historical Data

The historical data trend for Ramaco Resources's Total Current Liabilities 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 Total Current Liabilities Chart

Ramaco Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.41 29.11 46.66 162.85 169.99

Ramaco Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities 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 151.16 142.06 142.51 169.99 148.47

Ramaco Resources Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Ramaco Resources's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=103.849+61.99
+Other Current Liabilities+Current Deferred Liabilities
=4.147+0
=170.0

Ramaco Resources's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=109.351+36.768
+Other Current Liabilities+Current Deferred Liabilities
=2.348+0
=148.5

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Ramaco Resources Total Current Liabilities Related Terms

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Ramaco Resources (Ramaco Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ramaco Resources Inc (NAS:METC) » Definitions » Total Current Liabilities
Comparable Companies
SXC AREC HCC ARCH AMR SZSE:000723 MIC:RASP ASX:SMR ASX:CRN SHSE:600740 HKSE:00639 SHSE:600997 WAR:JSW SHSE:601011 SZSE:000655 SHSE:600792 HKSE:00975 SHSE:600397 SHSE:600408 TSE:3315
Traded in Other Exchanges
METCB:USA
Address
250 West Main Street, Suite 1900, Lexington, KY, USA, 40507
Website
https://www.ramacoresources.com
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

RAMACO RESOURCES, INC. ANNUAL MEETING REMINDER

By PRNewswire • 06-21-2023

Ramaco Chairman and CEO Scheduled to Appear on Bloomberg TV on Wednesday, December 6

By PRNewswire • 12-05-2023

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Investigate Ramaco Resources, Inc.(METC) for Potential Violations of Securities Laws

By PRNewswire • 01-11-2024

Ramaco Resources Inc (METC) Reports Strong Earnings Amidst Market Challenges

By GuruFocus Research • 11-07-2023

Ramaco Resources Inc. Receives National and State Awards for Operational Safety and Environmental Stewardship

By Business Wire • 11-02-2023

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Investigate Ramaco Resources, Inc.(METC) for Potential Violations of Securities Laws

By PRNewswire • 01-18-2024

Ramaco Resources Board Member Aurelia Skipwith Giacometto Appointed as Head of Louisiana Department of Environmental Quality

By PRNewswire • 11-27-2023

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Ramaco Resources, Inc. of an Investigation and Potential Class Action Lawsuit - (NASDAQ: METC)

By PRNewswire • 01-19-2024

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Ramaco Resources, Inc. of an Investigation and Potential Class Action Lawsuit - (NASDAQ: METC)

By PRNewswire • 01-05-2024

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Ramaco Resources, Inc. of an Investigation and Potential Class Action Lawsuit - (NASDAQ: METC)

By PRNewswire • 01-12-2024