Ramaco Resources, Inc. — Earnings Quality Grade F
METC · Basic Materials
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 37 days, change -3 days YoY
AR growth -26.1% vs revenue growth -19.5%
Revenue -19.5%, CFFO -98.3%. Cash follows revenue
Expense Quality
Inventory growth 101.0% exceeds COGS -15.0%
CapEx growth 22.4% is >2x revenue growth -19.5%
SG&A/Gross Profit = 83.3%, exceeds 70%
Gross margin 15.5%, change -4.5pp. Stable
Cash Flow Quality
CFFO/NI = -0.04. Below 1.0
FCF is negative ($-0.1B)
Accruals ratio = -4.7%. Low accruals
Cash $0.4B covers 94% of debt $0.5B
Balance Sheet Health
No goodwill. Clean balance sheet
Debt/EBITDA = 33.9x (>4x). Interest coverage = -7.2x (<2x). Financial stress
Other assets 19.7% vs revenue -19.5%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
No goodwill
Manipulation Score
M-Score = -3.23 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25