Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ramaco Resources's share price for the quarter that ended in Dec. 2023 was $17.18. Ramaco Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 52.8 Mil. Therefore, Ramaco Resources's market cap for the quarter that ended in Dec. 2023 was $907.3 Mil.
Ramaco Resources's quarterly market cap
increased
from Jun. 2023 ($444.7 Mil) to Sep. 2023 ($579.0 Mil) and
increased
from Sep. 2023 ($579.0 Mil) to Dec. 2023 ($907.3 Mil).
Ramaco Resources's annual market cap
declined
from Dec. 2021 ($599.7 Mil) to Dec. 2022 ($388.1 Mil) but then
increased
from Dec. 2022 ($388.1 Mil) to Dec. 2023 ($907.3 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Ramaco Resources's Enterprise Value for Today is $867.7 Mil.
Ramaco Resources Market Cap Historical Data
The historical data trend for Ramaco Resources's Market Cap 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.
Competitive Comparison of Ramaco Resources's Market Cap
For the Coking Coal subindustry, Ramaco Resources's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Ramaco Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Ramaco Resources's Market Cap falls into.
Ramaco Resources Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Ramaco Resources's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NAS:METC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Ramaco Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Ramaco Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Ramaco Resources (Ramaco Resources) Business Description
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.
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