Ramaco Net Income From Continuing Ops vs Selling General Administrative Analysis

METC Stock  USD 16.56  0.58  3.63%   
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 Income From Continuing Ops and its Selling General Administrative 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Ramaco Stock refer to our How to Trade Ramaco Stock guide.

Net Income From Continuing Ops vs Selling General Administrative

Net Income From Continuing Ops vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ramaco Resources Net Income From Continuing Ops account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ramaco Resources' Net Income From Continuing Ops and Selling General Administrative is 0.88. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Selling General Administrative 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 Income From Continuing Ops and Selling General Administrative 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 Income From Continuing Ops of Ramaco Resources are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income From Continuing Ops i.e., Ramaco Resources' Net Income From Continuing Ops and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Net Income From Continuing Ops

Selling General Administrative

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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Ramaco Stock refer to our How to Trade Ramaco Stock guide.At present, Ramaco Resources' Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 11.75, whereas Tax Provision is forecasted to decline to about 9.8 M.

Ramaco Resources fundamental ratios Correlations

0.920.990.960.81.00.841.00.710.660.970.890.90.980.990.980.090.810.920.980.970.98-0.540.590.930.73
0.920.860.960.640.920.980.920.560.580.970.960.690.970.90.910.10.660.920.960.860.95-0.410.550.980.88
0.990.860.90.850.990.750.990.770.640.930.850.940.940.970.960.090.870.860.940.950.94-0.610.580.890.67
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0.80.640.850.640.820.550.820.790.540.70.70.890.70.760.710.210.990.540.690.710.7-0.760.360.720.61
1.00.920.990.950.820.841.00.710.650.960.90.910.970.990.970.130.830.910.970.960.97-0.570.540.940.73
0.840.980.750.90.550.840.840.480.490.920.960.550.910.80.820.10.570.850.890.740.87-0.380.50.960.91
1.00.920.990.950.821.00.840.720.650.960.90.910.970.990.970.130.830.910.970.960.97-0.570.550.940.73
0.710.560.770.560.790.710.480.720.460.640.580.720.630.670.690.360.820.490.610.630.64-0.660.560.630.56
0.660.580.640.70.540.650.490.650.460.660.480.590.670.710.690.090.550.70.680.70.69-0.230.460.560.47
0.970.970.930.990.70.960.920.960.640.660.910.790.990.960.970.10.720.930.980.920.99-0.480.580.970.83
0.890.960.850.890.70.90.960.90.580.480.910.70.920.850.850.120.710.860.920.810.87-0.480.510.960.84
0.90.690.940.780.890.910.550.910.720.590.790.70.810.90.840.20.880.730.820.90.82-0.610.360.730.46
0.980.970.940.990.70.970.910.970.630.670.990.920.810.980.970.10.720.961.00.950.99-0.440.580.960.79
0.990.90.970.970.760.990.80.990.670.710.960.850.90.980.980.120.770.940.980.980.98-0.50.530.90.68
0.980.910.960.950.710.970.820.970.690.690.970.850.840.970.980.00.740.930.970.960.98-0.460.690.90.72
0.090.10.090.130.210.130.10.130.360.090.10.120.20.10.120.00.140.060.090.070.09-0.15-0.390.120.08
0.810.660.870.650.990.830.570.830.820.550.720.710.880.720.770.740.140.560.70.730.73-0.760.460.740.64
0.920.920.860.970.540.910.850.910.490.70.930.860.730.960.940.930.060.560.980.940.94-0.240.570.870.65
0.980.960.940.990.690.970.890.970.610.680.980.920.821.00.980.970.090.70.980.960.98-0.410.570.940.75
0.970.860.950.930.710.960.740.960.630.70.920.810.90.950.980.960.070.730.940.960.95-0.370.580.830.58
0.980.950.940.980.70.970.870.970.640.690.990.870.820.990.980.980.090.730.940.980.95-0.420.590.930.78
-0.54-0.41-0.61-0.41-0.76-0.57-0.38-0.57-0.66-0.23-0.48-0.48-0.61-0.44-0.5-0.46-0.15-0.76-0.24-0.41-0.37-0.42-0.14-0.56-0.49
0.590.550.580.510.360.540.50.550.560.460.580.510.360.580.530.69-0.390.460.570.570.580.59-0.140.530.52
0.930.980.890.940.720.940.960.940.630.560.970.960.730.960.90.90.120.740.870.940.830.93-0.560.530.9
0.730.880.670.760.610.730.910.730.560.470.830.840.460.790.680.720.080.640.650.750.580.78-0.490.520.9
Click cells to compare fundamentals

Ramaco Resources Account Relationship Matchups

Ramaco Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets226.8M228.6M329.0M596.3M665.8M699.1M
Short Long Term Debt Total12.9M17.5M51.4M138.1M100.6M105.6M
Total Stockholder Equity170.1M169.1M211.1M309.2M369.6M388.1M
Other Liab20.6M17.8M31.0M67.2M77.3M81.2M
Net Tangible Assets141.1M170.1M169.1M211.1M242.7M124.2M
Property Plant And Equipment Net178.2M180.5M236.2M442.7M469.4M492.8M
Net Debt7.4M12.2M29.5M102.5M58.6M61.5M
Non Current Assets Total182.5M186.1M242.3M448.9M476.1M499.9M
Other Assets4.3M5.7M6.1M5.4M6.2M4.8M
Common Stock Shares Outstanding40.8M42.5M44.3M44.7M96.6M51.2M
Liabilities And Stockholders Equity226.8M228.6M329.0M596.3M665.8M699.1M
Non Current Liabilities Total30.3M30.4M71.3M124.3M126.2M132.6M
Other Current Assets4.3M5.0M4.6M25.7M13.7M14.4M
Other Stockholder Equity155.0M158.9M163.6M168.7M277.1M291.0M
Total Liab56.7M59.5M118.0M287.1M296.2M311.0M
Property Plant And Equipment Gross178.2M180.5M236.2M442.7M609.1M639.6M
Total Current Assets44.3M42.5M86.8M147.5M189.7M199.2M
Common Stock410K427K441K442K528K299.6K
Property Plant Equipment178.2M180.5M236.2M227.1M261.1M141.5M
Other Current Liab656K862K280K46.4M56.4M59.2M
Total Current Liabilities26.4M29.1M46.7M162.8M170.0M178.5M
Accounts Payable10.7M11.7M15.3M34.8M51.6M54.2M
Cash5.5M5.3M21.9M35.6M42.0M44.1M
Non Currrent Assets Other(21.6M)(24.2M)(18.2M)(12.4M)(8.3M)(8.7M)
Cash And Short Term Investments5.5M5.3M21.9M35.6M42.0M23.2M
Retained Earnings14.7M9.8M47.1M140.0M91.9M96.5M
Long Term Debt9.6M12.6M35.7M51.6M33.6M21.8M
Net Receivables19.3M20.3M44.5M41.2M96.9M101.7M
Inventory15.3M11.9M15.8M45.0M37.2M20.7M
Short Long Term Debt3.3M4.9M7.7M75.6M56.5M59.4M
Short Term Debt3.3M4.9M11.1M81.6M62.0M65.1M
Common Stock Total Equity401K410K427K441K507.2K461.2K
Retained Earnings Total Equity(10.2M)14.7M9.8M47.1M54.1M56.8M
Capital Surpluse150.9M155.0M158.9M163.6M188.1M172.4M
Net Invested Capital183.0M186.5M254.5M436.4M459.8M280.4M
Non Current Liabilities Other854K965K2.5M3.3M4.5M4.2M
Net Working Capital17.9M13.4M40.1M(15.4M)19.8M13.8M
Capital Stock410K427K441K442K528K485.7K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ramaco Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ramaco Resources' short interest history, or implied volatility extrapolated from Ramaco Resources options trading.

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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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Ramaco Stock refer to our How to Trade Ramaco Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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When running Ramaco Resources' price analysis, check to measure Ramaco Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ramaco Resources is operating at the current time. Most of Ramaco Resources' value examination focuses on studying past and present price action to predict the probability of Ramaco Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ramaco Resources' price. Additionally, you may evaluate how the addition of Ramaco Resources to your portfolios can decrease your overall portfolio volatility.
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Is Ramaco Resources' industry 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
0.584
Dividend Share
0.5
Earnings Share
1.73
Revenue Per Share
14.558
Quarterly Revenue Growth
0.499
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.