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Midas Edge

Ramaco Resources, Inc.

For the period ended Dec 31, 2024. Filed Mar 17, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 17, 2025

METC$6.82+9.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Consolidated Balance Sheets

​​​​​​​​
​ · ​ · December 31, · ​ · December 31,
In thousands, except share and per share information · 2024 · 2023
Assets · ​ · ​ · ​ · ​
Current assets · ​ · ​ · ​ · ​
Cash and cash equivalents​​$33,009​$41,962
Accounts receivable​​73,582​96,866
Inventories​​43,358​37,163
Prepaid expenses and other​​17,685​13,748
Total current assets​​167,634​189,739
Property, plant, and equipment, net​​482,019​459,091
Financing lease right-of-use assets, net​​​12,437​​10,282
Advanced coal royalties​​4,709​2,964
Other​​7,887​3,760
Total Assets​​$674,686​$665,836
Liabilities and Stockholders' Equity​​​​​​​
Liabilities​​​​​​​
Current liabilities​​​​​​​
Accounts payable​​$48,855​$51,624
Accrued liabilities​​61,659​52,225
Current portion of asset retirement obligations​​1,035​110
Current portion of long-term debt​​359​56,534
Current portion of financing lease obligations​​​6,218​​5,456
Insurance financing liability​​​4,302​​4,037
Total current liabilities​​122,428​169,986
Long-term asset retirement obligations​​30,052​28,850
Long-term equipment loans​​57​349
Long-term financing lease obligations​​​7,517​​4,915
Senior notes, net​​​88,135​​33,296
Deferred tax liability, net​​56,027​54,352
Other long-term liabilities​​​7,664​​4,483
Total liabilities​​​311,880​296,231
Commitments and contingencies​​​​​
Stockholders' Equity​​​​​​​
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued or outstanding​​—​—
Class A common stock, $0.01 par value, 225,000,000 shares authorized, 43,824,999 at December 31, 2024 and 44,002,581 at December 31, 2023 shares issued and outstanding​​​438​​440
Class B common stock, $0.01 par value, 35,000,000 shares authorized, 9,549,914 at December 31, 2024 and 8,809,557 at December 31, 2023 shares issued and outstanding​​​95​​88
Additional paid-in capital​​292,739​277,133
Retained earnings​​69,534​91,944
Total stockholders' equity​​362,806​369,605
Total Liabilities and Stockholders' Equity​​$674,686​$665,836
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ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.