Ramaco Resources, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $440.3M | $33.0M | $42.0M | $35.6M | $21.9M | $5.3M | $5.5M | $7.0M |
| Accounts Receivable | $54.4M | $73.6M | $96.9M | $41.2M | $44.5M | $20.3M | $19.3M | $10.7M |
| Inventory | $87.2M | $43.4M | $37.2M | $45.0M | $15.8M | $11.9M | $15.3M | $14.2M |
| Total Current Assets | $597.6M | $167.6M | $189.7M | $147.5M | $86.8M | $42.5M | $44.3M | $35.0M |
| Property, Plant & Equipment | $511.9M | $482.0M | $459.1M | $429.8M | $227.1M | $180.5M | $178.2M | $149.2M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $1.14B | $674.7M | $665.8M | $596.3M | $329.0M | $228.6M | $226.8M | $188.2M |
| Liabilities | ||||||||
| Accounts Payable | $41.6M | $48.9M | $51.6M | $34.8M | $15.3M | $11.7M | $10.7M | $16.4M |
| Total Current Liabilities | $109.5M | $122.4M | $170.0M | $162.8M | $46.7M | $29.1M | $26.4M | $29.8M |
| Long-Term Debt | $467.6M | $57.0K | $349.0K | $18.8M | $3.3M | $12.6M | $9.6M | $4.5M |
| Total Liabilities | $657.0M | $311.9M | $296.2M | $287.1M | $118.0M | $59.5M | $56.7M | $47.1M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-311.0K | $69.5M | $91.9M | $140.0M | $47.1M | $9.8M | $14.7M | $-10.2M |
| Total Stockholders' Equity | $483.6M | $362.8M | $369.6M | $309.2M | $211.1M | $169.1M | $170.1M | $141.1M |