Ramaco Resources Inc (METC)
15.86
+0.22
(+1.41%)
USD |
NASDAQ |
May 02, 13:23
Ramaco Resources Debt to Equity Ratio: 0.244 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.244 |
| September 30, 2023 | 0.2988 |
| June 30, 2023 | 0.4223 |
| March 31, 2023 | 0.4102 |
| December 31, 2022 | 0.4115 |
| September 30, 2022 | 0.4198 |
| June 30, 2022 | 0.3237 |
| March 31, 2022 | 0.1679 |
| December 31, 2021 | 0.2055 |
| September 30, 2021 | 0.2107 |
| June 30, 2021 | 0.0434 |
| March 31, 2021 | 0.1197 |
| December 31, 2020 | 0.1032 |
| September 30, 2020 | 0.1501 |
| June 30, 2020 | 0.1179 |
| Date | Value |
|---|---|
| March 31, 2020 | 0.1482 |
| December 31, 2019 | 0.0761 |
| September 30, 2019 | 0.1003 |
| June 30, 2019 | 0.0934 |
| March 31, 2019 | 0.1258 |
| December 31, 2018 | 0.0671 |
| September 30, 2018 | 0.1083 |
| June 30, 2018 | 0.1134 |
| March 31, 2018 | 0.0486 |
| December 31, 2017 | 0.00 |
| September 30, 2017 | 0.00 |
| June 30, 2017 | 0.00 |
| March 31, 2017 | 0.00 |
| December 31, 2016 | 0.1328 |
| September 30, 2016 | 0.1194 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0434
Minimum
Jun 2021
0.4223
Maximum
Jun 2023
0.214
Average
0.1679
Median
Mar 2022
Debt to Equity Ratio Benchmarks
| Arch Resources Inc | 0.0977 |
| Alpha Metallurgical Resources Inc | 0.0066 |
| Warrior Met Coal Inc | 0.0816 |
| SunCoke Energy Inc | 0.7983 |
| American Resources Corp | 200.84 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 665.84M |
| Total Liabilities (Quarterly) | 296.23M |
| Shareholders Equity (Quarterly) | 369.60M |
| Current Ratio | 1.116 |
| Net Debt Paydown Yield | 0.78% |