Ramaco Resources, Inc. METC Balance Sheet

Ramaco resources, inc. (METC)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16
Current assets:
Cash and cash equivalents
15,319	5,532	5,498	5,541	1,939	6,951	5,482	5,911	7,323	5,934	9,263	2,858	13,968	5,196
Short-term investments
-	-	-	-	-	-	0	0	0	5,200	19,859	49,842	59,652	55,237
Accounts receivable
14,420	19,256	30,054	26,099	27,285	10,729	31,288	28,265	23,496	7,166	2,616	1,869	1,573	914
Inventories
23,458	15,261	12,644	16,593	15,027	14,185	7,950	11,294	10,131	10,058	3,951	2,415	2,170	1,518
Prepaid expenses and other
4,943	4,274	3,324	1,604	1,958	3,154	3,322	2,870	3,356	1,104	1,473	766	1,075	388
Total current assets
58,140	44,323	51,520	49,837	46,209	35,019	48,043	48,341	44,308	29,462	37,165	57,752	78,440	63,256
Property, plant and equipment – net
181,896	178,202	171,945	164,193	156,343	149,205	144,470	136,574	125,825	115,451	103,011	88,333	63,712	46,433
Long-term investments
-	-	-	-	-	-	-	-	-	-	0	0	5,199	5,199
Advanced coal royalties
3,640	3,271	3,250	3,113	3,126	3,045	3,039	2,785	2,719	2,867	2,984	2,782	2,050	2,050
Deferred offering costs
-	-	-	-	-	-	-	-	-	-	0	0	0	2,247
Other
983	1,017	1,041	994	1,013	975	624	524	422	318	385	218	21	21
Total Assets
244,659	226,813	227,756	218,137	206,691	188,244	196,177	188,226	173,275	148,098	143,547	149,087	149,424	119,209
Current liabilities
Accounts payable
13,099	10,663	13,851	16,325	15,247	16,393	22,723	20,062	28,327	19,533	14,484	16,307	10,117	8,955
Accrued expenses
11,484	11,740	11,156	9,390	9,124	8,094	6,630	8,824	6,107	2,821	1,557	385	2,294	1,174
Distributions payable
-	-	-	-	-	-	-	-	-	-	0	0	1,499	3,905
Asset retirement obligations
361	19	734	513	292	71	734	512	291	71	1,195	1,032	863	693
Current portion of long-term debt
3,333	3,333	5,000	5,000	5,000	5,000	-	-	-	-	-	-	-	-
Notes payable, net
-	-	-	-	-	-	14,836	14,758	5,790	-	0	0	0	500
Financed insurance payable
-	-	-	-	-	-	-	-	-	-	-	-	-	127
Other
375	656	-	-	116	287	603	361	568	-	0	0	43	-
Total current liabilities
28,652	26,411	30,741	31,228	29,779	29,845	45,527	44,520	41,085	22,425	17,237	17,725	14,818	15,356
Asset retirement obligations
14,394	14,586	12,665	12,656	12,657	12,707	12,183	12,208	12,266	12,276	10,667	9,777	9,560	9,434
Long-term debt, net
22,295	9,614	11,766	10,002	13,737	4,474	-	-	-	-	-	-	-	-
Deferred tax liability
5,375	5,265	4,670	3,537	-	109	-	-	-	-	-	-	-	-
Deferred tax liability
-	-	-	-	1,450	-	1,448	1,385	708	-	-	-	-	-
Other long-term liabilities
975	854	701	155	182	-	-	-	-	-	-	26	-	-
Note payable - Ramaco Coal, LLC
-	-	-	-	-	-	-	-	-	-	0	0	0	10,629
Total liabilities
71,691	56,730	60,543	57,578	57,805	47,135	59,159	58,114	54,061	34,701	27,904	27,530	24,378	35,420
Commitments and contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0
Series A preferred units
-	-	-	-	-	-	-	-	-	-	0	0	0	88,773
Stockholders' Equity
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued and outstanding
-	-	-	-	-	-	0	0	0	-	0	0	0	0
Common stock, $0.01 par value, 260,000,000 shares authorized, 40,933,831 and 40,082,467 shares issued and outstanding, respectively
427	410	409	409	408	401	400	400	400	396	395	395	390	0
Contributed capital
-	-	-	-	-	-	-	-	-	-	0	0	0	13,265
Additional paid-in capital
155,863	154,957	153,976	152,872	151,813	150,926	150,228	149,533	148,838	148,293	147,938	147,618	147,623	0
Retained earnings (deficit)
16,678	14,716	12,828	7,278	-3,335	-10,218	-13,610	-19,821	-30,025	-35,292	-32,691	-26,456	-22,968	-18,251
Total stockholders' equity
172,968	170,083	167,213	160,559	148,886	141,109	137,018	130,112	119,214	113,397	115,642	121,557	125,045	-4,985
Total Liabilities and Stockholders' Equity
244,659	226,813	227,756	218,137	206,691	188,244	196,177	188,226	173,275	148,098	143,547	149,087	149,424	119,209