Ramaco Resources (METC)

Net assets on the balance sheet as of September 2024 : NZ$0.63 Billion

According to Ramaco Resources 's latest financial reports the company has NZ$0.63 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	$NZ$0.58 B	20.01%
2022-12-31	$NZ$0.48 B	57.6%
2021-12-31	$NZ$0.30 B	31.86%
2020-12-31	$NZ$0.23 B	-7.2%
2019-12-31	$NZ$0.25 B	20.05%
2018-12-31	$NZ$0.21 B	31.75%
2017-12-31	$NZ$0.15 B	32%
2016-12-31	$NZ$0.12 B	1143.12%
2015-12-31	$NZ$9.73 M	-883.55%
2014-12-31	$-NZ$1.25 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NACCO Industries NC	NZ$0.70 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 : NZ$0.63 Billion