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Ramaco Resources (Ramaco Resources) Scaled Net Operating Assets : 0.67 (As of Mar. 2024)


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What is Ramaco Resources Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ramaco Resources's operating assets for the quarter that ended in Mar. 2024 was $643.5 Mil. Ramaco Resources's operating liabilities for the quarter that ended in Mar. 2024 was $198.3 Mil. Ramaco Resources's Total Assets for the quarter that ended in Dec. 2023 was $665.8 Mil. Therefore, Ramaco Resources's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.67.


Ramaco Resources Scaled Net Operating Assets Historical Data

The historical data trend for Ramaco Resources's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Ramaco Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.80 1.05 1.25 0.72

Ramaco Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets 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 0.75 0.72 0.65 0.66 0.67

Competitive Comparison of Ramaco Resources's Scaled Net Operating Assets

For the Coking Coal subindustry, Ramaco Resources's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ramaco Resources's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Ramaco Resources's Scaled Net Operating Assets falls into.



Ramaco Resources Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ramaco Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(623.874-195.681)/596.339
=0.72

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=665.836 - 41.962
=623.874

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=296.231 - 38.56 - 61.99
=195.681

Ramaco Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(643.508-198.281)/665.836
=0.67

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=674.011 - 30.503
=643.508

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=301.743 - 66.694 - 36.768
=198.281

* 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 Scaled Net Operating Assets Related Terms

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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

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