Ramaco Resources, Inc. 8.375% Senior Notes due 2029
Ramaco Resources, Inc. engages in the development, operation, and sale of metallurgical coal. Its development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia; the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia; the Knox Creek property, which covers an … Read more
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) - Net Assets
Latest net assets as of September 2025: $526.91 Million USD
Based on the latest financial reports, Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) has net assets worth $526.91 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($849.65 Million) and total liabilities ($322.74 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $526.91 Million |
| % of Total Assets | 62.01% |
| Annual Growth Rate | 21.03% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 17.19 |
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 - Net Assets Trend (2020–2024)
This chart illustrates how Ramaco Resources, Inc. 8.375% Senior Notes due 2029's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (2020–2024)
The table below shows the annual net assets of Ramaco Resources, Inc. 8.375% Senior Notes due 2029 from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $362.81 Million | -1.84% |
| 2023-12-31 | $369.61 Million | +19.54% |
| 2022-12-31 | $309.20 Million | +46.49% |
| 2021-12-31 | $211.07 Million | +24.83% |
| 2020-12-31 | $169.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ramaco Resources, Inc. 8.375% Senior Notes due 2029's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 608.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $69.53 Million | 19.17% |
| Common Stock | $533.00K | 0.15% |
| Other Components | $292.74 Million | 80.69% |
| Total Equity | $362.81 Million | 100.00% |
Ramaco Resources, Inc. 8.375% Senior Notes due 2029 Competitors by Market Cap
The table below lists competitors of Ramaco Resources, Inc. 8.375% Senior Notes due 2029 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Hengmingda Electronic Technology Co Ltd
SHE:002947
|
$1.04 Billion |
|
YUEXIU PPTY CO.LTD.
F:GUZA
|
$1.04 Billion |
|
Societatea Nationala de Gaze Naturale Romgaz SA GDR (Sponsored) Reg S
PINK:SLTQY
|
$1.04 Billion |
|
Anhui Guangxin Agrochemical Co Ltd
SHG:603599
|
$1.04 Billion |
|
Shenzhen Zhenye Group Co Ltd
SHE:000006
|
$1.04 Billion |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
$1.04 Billion |
|
Helix Energy Solutions Group Inc
NYSE:HLX
|
$1.04 Billion |
|
OEM INTERN.(POST SPLIT) B
F:OEA1
|
$1.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ramaco Resources, Inc. 8.375% Senior Notes due 2029's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 369,605,000 to 362,806,000, a change of -6,799,000 (-1.8%).
- Net income of 11,192,000 contributed positively to equity growth.
- Dividend payments of 24,602,000 reduced retained earnings.
- Share repurchases of 10,581,000 reduced equity.
- Other factors increased equity by 17,192,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.19 Million | +3.08% |
| Dividends Paid | $24.60 Million | -6.78% |
| Share Repurchases | $10.58 Million | -2.92% |
| Other Changes | $17.19 Million | +4.74% |
| Total Change | $- | -1.84% |
Book Value vs Market Value Analysis
This analysis compares Ramaco Resources, Inc. 8.375% Senior Notes due 2029's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.73x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.34x to 3.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $3.98 | $25.25 | x |
| 2021-12-31 | $4.77 | $25.25 | x |
| 2022-12-31 | $6.92 | $25.25 | x |
| 2023-12-31 | $7.61 | $25.25 | x |
| 2024-12-31 | $6.76 | $25.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ramaco Resources, Inc. 8.375% Senior Notes due 2029 utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.68%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.86x
- Recent ROE (3.08%) is below the historical average (15.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -2.90% | -2.91% | 0.74x | 1.35x | $-21.82 Million |
| 2021 | 18.84% | 14.03% | 0.86x | 1.56x | $18.65 Million |
| 2022 | 37.53% | 20.51% | 0.95x | 1.93x | $85.12 Million |
| 2023 | 22.27% | 11.87% | 1.04x | 1.80x | $45.35 Million |
| 2024 | 3.08% | 1.68% | 0.99x | 1.86x | $-25.09 Million |
Industry Comparison
This section compares Ramaco Resources, Inc. 8.375% Senior Notes due 2029's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ramaco Resources, Inc. 8.375% Senior Notes due 2029 (METCZ) | $526.91 Million | -2.90% | 0.61x | $1.04 Billion |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |