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METCB (Ramaco Resources) 1-Year ROIIC % : 1,482.57% (As of Sep. 2024)


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What is Ramaco Resources 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Ramaco Resources's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 1,482.57%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Ramaco Resources's 1-Year ROIIC % or its related term are showing as below:

METCB's 1-Year ROIIC % is ranked better than
98.56% of 624 companies
in the Steel industry
Industry Median: -0.12 vs METCB: 1482.57

Ramaco Resources 1-Year ROIIC % Historical Data

The historical data trend for Ramaco Resources's 1-Year ROIIC % 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 1-Year ROIIC % Chart

Ramaco Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 -2,093.38 65.23 32.26 -619.30

Ramaco Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -204.71 -619.30 -2,270.43 241.04 1,482.57

Competitive Comparison of Ramaco Resources's 1-Year ROIIC %

For the Coking Coal subindustry, Ramaco Resources's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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 1-Year ROIIC % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ramaco Resources's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ramaco Resources's 1-Year ROIIC % falls into.



Ramaco Resources 1-Year ROIIC % Calculation

Ramaco Resources's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 38.1628 (Sep. 2024) - 61.1574 (Sep. 2023) )/( 520.37 (Sep. 2024) - 521.921 (Sep. 2023) )
=-22.9946/-1.5510000000002
=1,482.57%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Ramaco Resources  (NAS:METCB) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Ramaco Resources 1-Year ROIIC % Related Terms

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Ramaco Resources Business Description

Traded in Other Exchanges
Address
250 West Main Street, Suite 1900, Lexington, KY, USA, 40507
Ramaco Resources Inc is a United States-based company that operates as a pure-play metallurgical coal company with operations in southern West Virginia and southwestern Virginia. Its portfolio includes high-quality metallurgical coal reserves and resources, with a focus on properties such as Elk Creek, Berwind, Knox Creek, and Maben. These properties are strategically located to serve North American blast furnace steel mill and coke plants, as well as international metallurgical coal consumers. Additionally, the company controls mineral deposits in Sheridan, Wyoming, exploring potential opportunities in rare earth elements and coal-to-carbon-based products. Operations are concentrated in the Appalachian basin, with active mines at Elk Creek, Berwind, Knox Creek, and Maben mining complexes.