Ramaco Resources (METC)

Net assets on the balance sheet as of September 2024 : HK$2.80 Billion

According to Ramaco Resources 's latest financial reports the company has HK$2.80 Billion 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	$HK$2.88 B	19.49%
2022-12-31	$HK$2.41 B	46.78%
2021-12-31	$HK$1.64 B	25.56%
2020-12-31	$HK$1.31 B	-1.04%
2019-12-31	$HK$1.32 B	19.87%
2018-12-31	$HK$1.10 B	24.72%
2017-12-31	$HK$0.88 B	36.36%
2016-12-31	$HK$0.64 B	1158.77%
2015-12-31	$HK$51.61 M	-783.94%
2014-12-31	$-HK$7.55 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NACCO Industries NC	HK$3.08 B	9.81%	🇺🇸 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 September 2024 : HK$2.80 Billion