Ramaco Resources (METC)

Net assets on the balance sheet as of June 2024 : NZ$0.59 B

According to Ramaco Resources 's latest financial reports the company has NZ$0.59 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	$NZ$0.58 B	20.01%
2022-12-31	$NZ$0.48 B	58.01%
2021-12-31	$NZ$0.30 B	31.09%
2020-12-31	$NZ$0.23 B	-6.75%
2019-12-31	$NZ$0.25 B	19.91%
2018-12-31	$NZ$0.21 B	31.69%
2017-12-31	$NZ$0.15 B	32%
2016-12-31	$NZ$0.12 B	1141.72%
2015-12-31	$NZ$9.74 M	-885.39%
2014-12-31	$-NZ$1.25 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NACCO Industries NC	NZ$0.62 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 : NZ$0.59 B