Ramaco Resources (METC)

Net assets on the balance sheet as of June 2024 : A$0.54 B

According to Ramaco Resources 's latest financial reports the company has A$0.54 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ramaco Resources - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.54 B	19.4%
2022-12-31	$A$0.45 B	56.52%
2021-12-31	$A$0.29 B	32.29%
2020-12-31	$A$0.21 B	-9.3%
2019-12-31	$A$0.24 B	20.84%
2018-12-31	$A$0.20 B	37.85%
2017-12-31	$A$0.14 B	24.96%
2016-12-31	$A$0.11 B	1171.39%
2015-12-31	$A$9.14 M	-870.51%
2014-12-31	$-A$1.19 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NACCO Industries NC	A$0.57 B	4.91%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Ramaco Resources (METC) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.54 B