Quick Ratio Analysis of Ramaco Resources Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.898
Period Ending - Dec-22
Not Good Quick Ratio
0.630
Growth
42.58 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.952
Quick Ratio Analysis of Ramaco Resources Inc
| Quick Ratio of Ramaco Resources Inc with value of 0.952 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of METC rose handsomely by 42.58 % this year. |
| Quick Ratio with value of 1.52 was highest in Year Dec-21 in last Five Years. |
| Quick Ratio with value of 0.630 was lowest in Year Dec-22 in last Five Years. |
| Latest Quick Ratio with value of 0.898 is lower than Average Quick Ratio of 1.04 in last five years. |
Other Quick Ratio Related Info of METC that may interest you.
Ramaco Resources Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| METC | 14.15 | 13.96 | 1.36 % | Coking Coal |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Good Stability | |
FY - Historical Quick Ratio of Ramaco Resources Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.898 | 0.630 | 1.52 | 1.05 | 1.10 | 0.698 | 0.865 |
| Change | 42.58 % | -58.61 % | 44.94 % | -4.63 % | 57.63 % | -19.33 % | -78.48 % |
FY Chart of Quick Ratio of Ramaco Resources Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)