Ramaco Resources (FRA:5R0) Debt-to-Asset : 0.15 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Ramaco Resources Debt-to-Asset?

Ramaco Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €33.8 Mil. Ramaco Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €61.4 Mil. Ramaco Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €620.1 Mil. Ramaco Resources's debt to asset for the quarter that ended in Mar. 2024 was 0.15.

Ramaco Resources Debt-to-Asset Historical Data

The historical data trend for Ramaco Resources's Debt-to-Asset 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 Debt-to-Asset Chart

Ramaco Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.06

0.08

0.16

0.23

0.15

Ramaco Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.23	0.24	0.18	0.15	0.15

Competitive Comparison of Ramaco Resources's Debt-to-Asset

For the Coking Coal subindustry, Ramaco Resources's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Debt-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ramaco Resources's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Ramaco Resources's Debt-to-Asset falls into.

Ramaco Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ramaco Resources's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(56.845	+	35.36)	/	610.572
	=	0.15

Ramaco Resources's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(33.827	+	61.358)	/	620.09
	=	0.15

Ramaco Resources (FRA:5R0) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Ramaco Resources Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Ramaco Resources's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Ramaco Resources (FRA:5R0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ramaco Resources Inc (FRA:5R0) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

METCB:USA METC: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.

Ramaco Resources (FRA:5R0) Headlines

No Headlines