Ramaco Net Invested Capital vs Property Plant Equipment Analysis
METCB Stock | 10.50 0.49 4.90% |
Ramaco Resources financial indicator trend analysis is much more than just breaking down Ramaco Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ramaco Resources is a good investment. Please check the relationship between Ramaco Resources Net Invested Capital and its Property Plant Equipment accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ramaco Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Ramaco Stock refer to our How to Trade Ramaco Stock guide.
Net Invested Capital vs Property Plant Equipment
Net Invested Capital vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ramaco Resources Net Invested Capital account and Property Plant Equipment. At this time, the significance of the direction appears to have totally related.
The correlation between Ramaco Resources' Net Invested Capital and Property Plant Equipment is 0.99. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Ramaco Resources, assuming nothing else is changed. The correlation between historical values of Ramaco Resources' Net Invested Capital and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Ramaco Resources are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Invested Capital i.e., Ramaco Resources' Net Invested Capital and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Property Plant Equipment
Most indicators from Ramaco Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ramaco Resources current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ramaco Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Ramaco Stock refer to our How to Trade Ramaco Stock guide.At present, Ramaco Resources' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.41, whereas Tax Provision is forecasted to decline to about 12.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 283.4M | 565.7M | 693.5M | 728.2M | Depreciation And Amortization | 26.8M | 42.3M | 55.7M | 58.4M |
Ramaco Resources fundamental ratios Correlations
Click cells to compare fundamentals
Ramaco Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ramaco Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 226.8M | 228.6M | 329.0M | 596.3M | 665.8M | 699.1M | |
Short Long Term Debt Total | 12.9M | 17.5M | 51.4M | 138.1M | 100.6M | 105.6M | |
Total Stockholder Equity | 170.1M | 169.1M | 211.1M | 309.2M | 369.6M | 388.1M | |
Property Plant And Equipment Net | 178.2M | 180.5M | 236.2M | 442.7M | 469.4M | 492.8M | |
Net Debt | 7.4M | 12.2M | 29.5M | 102.5M | 58.6M | 61.5M | |
Non Current Assets Total | 182.5M | 186.1M | 242.3M | 448.9M | 476.1M | 499.9M | |
Common Stock Shares Outstanding | 40.8M | 42.5M | 44.3M | 44.7M | 47.6M | 45.8M | |
Liabilities And Stockholders Equity | 226.8M | 228.6M | 329.0M | 596.3M | 665.8M | 699.1M | |
Non Current Liabilities Total | 30.3M | 30.4M | 71.3M | 124.3M | 126.2M | 132.6M | |
Other Current Assets | 4.3M | 5.0M | 4.6M | 10.2M | 12.9M | 13.6M | |
Total Liab | 56.7M | 59.5M | 118.0M | 287.1M | 296.2M | 311.0M | |
Total Current Assets | 44.3M | 42.5M | 86.8M | 147.5M | 189.7M | 199.2M | |
Other Current Liab | 656K | 12.5M | 20.2M | 46.4M | 56.4M | 59.2M | |
Total Current Liabilities | 26.4M | 29.1M | 46.7M | 162.8M | 170.0M | 178.5M | |
Accounts Payable | 10.7M | 11.7M | 15.3M | 34.8M | 51.6M | 54.2M | |
Cash | 5.5M | 5.3M | 21.9M | 35.6M | 42.0M | 44.1M | |
Non Currrent Assets Other | 4.3M | (24.2M) | (18.2M) | (12.4M) | 6.7M | 7.1M | |
Cash And Short Term Investments | 5.5M | 5.3M | 21.9M | 35.6M | 42.8M | 23.3M | |
Net Receivables | 19.3M | 20.3M | 44.5M | 55.8M | 96.9M | 101.7M | |
Inventory | 15.3M | 11.9M | 15.8M | 45.0M | 37.2M | 20.7M | |
Other Stockholder Equity | 155.0M | 158.9M | 163.6M | 168.7M | 277.1M | 167.5M | |
Short Term Debt | 3.3M | 4.9M | 11.1M | 81.6M | 62.0M | 65.1M | |
Retained Earnings | 14.7M | 9.8M | 47.1M | 140.0M | 91.9M | 96.5M | |
Common Stock | 410K | 427K | 441K | 442K | 528K | 485.7K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ramaco Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ramaco Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ramaco Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ramaco Resources Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ramaco Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Ramaco Stock refer to our How to Trade Ramaco Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ramaco Resources. If investors know Ramaco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ramaco Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Dividend Share 0.538 | Earnings Share 0.67 | Revenue Per Share 14.816 | Quarterly Revenue Growth (0.10) |
The market value of Ramaco Resources is measured differently than its book value, which is the value of Ramaco that is recorded on the company's balance sheet. Investors also form their own opinion of Ramaco Resources' value that differs from its market value or its book value, called intrinsic value, which is Ramaco Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ramaco Resources' market value can be influenced by many factors that don't directly affect Ramaco Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ramaco Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ramaco Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ramaco Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.