Company Information

  

Address: 250 WEST MAIN STREET
SUITE 210 
City: LEXINGTON 
State: KY 
Zip Code: 40507 
Telephone: (859) 244-7455 

Description of Business

Primary SIC Code: 1220
(As filed with the SEC)  

Ramaco Resources, Inc. is a Delaware corporation formed in October 2016. Our principal corporate offices are located in Lexington, Kentucky. We completed our initial public offering ("IPO") on February 8, 2017 and our common stock is listed on the NASDAQ Global Select Market under the symbol "METC." As used herein, "Ramaco Resources," "we," "our," and similar terms include Ramaco Resources, Inc. and its subsidiaries, unless the context indicates otherwise. General We are an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, southwestern Virginia, and southwestern Pennsylvania. We are a pure play metallurgical coal company with 248 million tons of high-quality metallurgical coal reserves and advantaged geology leading to lower cash costs. Our near-term development portfolio includes four key assets: Elk Creek, Berwind, RAM Mine and Knox Creek.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20190.67NA8.66
12/20180.62NA7.98
09/20180.48NA15.54
06/20180.15NA46.40
03/2018-0.18NAN/E
12/2017-0.41NAN/E
09/2017-0.27NAN/E
06/2017-0.17NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2018 Leverage 2018
Net Inc/Comm Equity0.17Total Liab/Total Assets0.25
Net Inc/Total Assets0.13Total Liab/Inv Cap0.31
Net Inc/Inv Cap0.16Total Liab/Comm Equity0.31
Pretax Inc/Net Sales0.11Interest Coverage Ratio18.22
Net Inc/Net Sales0.11Curr Debt/Equity0.04
Cash Flow/Net Sales0.16LTD/Equity0.03
SG&A/NetSales0.06Total Debt/Equity0.07
Asset Utilization   Liquidity  
Net Receivables Turnover25.43Quick Ratio0.70
Inventory Turnover14.57Current Ratio1.17
Inventory Day Sales0.03Net Rec/Curr Assets0.31
Net Sales/Work Cap43.98Inv/Curr Assets0.41
Net Sales/PP&E1.53  

Income Statement (Millions)

  3/31/2019 12/31/2018 9/30/2018 6/30/2018
Total Revenues(Net Sales) 57.46 44.19 62.17 65.28
Cost of Goods Sold 41.01 34.96 49.41 47.86
Selling & Admin Exps 4.09 3.52 3.61 3.82
Operating Income 8.25 2.03 5.80 10.65
Interest Exp 0.31 0.46 0.59 0.32
Pretax Income 8.24 2.06 6.27 10.85
Other Income 0.30 0.49 1.06 0.52
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 6.88 3.39 6.21 10.20

Balance Sheet (Millions)

Assets 3/31/2019 12/31/2018 9/30/2018 6/30/2018
Cash & Short Term Investments 1.94 6.95 5.48 5.91
Receivables - Total 27.29 10.73 31.29 28.27
Inventories - Total 15.03 14.19 7.95 11.29
Total Current Assets 46.21 35.02 48.04 48.34
Net Property, Plant & Equipment 156.34 149.21 144.47 136.57
Total Assets 206.69 188.24 196.18 188.23
Liabilities        
Accounts Payable 24.37 24.49 29.35 28.89
Debt in Current Liabilities 5.00 5.29 14.84 14.76
Total Current Liabilities 29.78 29.85 45.53 44.52
Long-Term Debt 13.74 4.47 NA NA
Total Liabilities 57.81 47.14 59.16 58.11
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.41 0.40 0.40 0.40
Retained Earnings -3.34 -10.22 -13.61 -19.82
Treasury Stock NA NA NA NA
Total Stockholders' Equity 148.89 141.11 137.02 130.11
Total Liabilities and Stockholders' Equity 206.69 188.24 196.18 188.23

Cash Flow Summary (Millions)

Categories 3/31/2019 12/31/2018 9/30/2018 6/30/2018
Net Cash Provided by Operating Activities -5.89 15.56 12.36 4.67
Net Cash Provided by Investing Activities -8.20 -8.25 -12.41 -14.71
Net Cash Provided by Financing Activities 9.08 -5.84 -0.39 8.62

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20150.00-2.34--
12/20165.22-7.52--
12/201761.04-15.42-0.41
12/2018227.5725.070.62
Growth RatesInfinity----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/195531,19476.40




Report Date : 7/15/2019

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