Ramaco Resources (Ramaco Resources) Accounts Payable & Accrued Expense : $109.4 Mil (As of Mar. 2024)

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What is Ramaco Resources Accounts Payable & Accrued Expense?

Ramaco Resources's quarterly accounts payable & accrued expense increased from Sep. 2023 ($98.1 Mil) to Dec. 2023 ($103.8 Mil) and increased from Dec. 2023 ($103.8 Mil) to Mar. 2024 ($109.4 Mil).

Ramaco Resources's annual accounts payable & accrued expense increased from Dec. 2021 ($34.8 Mil) to Dec. 2022 ($76.6 Mil) and increased from Dec. 2022 ($76.6 Mil) to Dec. 2023 ($103.8 Mil).

Ramaco Resources Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ramaco Resources's Accounts Payable & Accrued Expense 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.

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Ramaco Resources Accounts Payable & Accrued Expense Chart

Ramaco Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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23.06

23.33

34.76

76.63

103.85

Ramaco Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															82.92	88.48	98.07	103.85	109.35

Ramaco Resources Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Ramaco Resources (Ramaco Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ramaco Resources Inc (NAS:METC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

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