AREC - NASDAQ

American Resources Corporation

AREC·NASDAQ

$2.38

-3.3%

EnergyCoal

American Resources Corporation engages in the extraction, processing, transportation, distribution, and sale of metallurgical coal to the steel industries. The company supplies raw materials; and sells coal used in pulverized coal injections. It has a portfolio of operations located in the Pike, Knott, and Letcher Counties in Kentucky; and Wyoming County, West Virginia. American Resources Corporation was founded in 2006 and is headquartered in Fishers, Indiana.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$254.59M

EPS0.6300

P/E Ratio3.78

Earnings Date06/05/2026

168.91M

Assets

-18%

3Y+202.0%

5Y+340.0%

10Y+174084.0%

75.72M

Total Liabilities

-74%

3Y+36.0%

5Y+30.0%

10Y+44837.0%

93.19M

Total Equity

-214%

3Y+32633.0%

5Y-566.0%

10Y-130385.0%

American Resources Corporation Funding & Solvency Profile

AREC · NASDAQ

Current Assets

Cash & Cash Equivalents31.70M

Net Receivables59.46M

Inventory0.00

Other Current Assets2.64M

Total Current Assets134 M

Non-Current Assets

Property, Plant & Equipment1.90M

Goodwill & Intangible Assets0.00

Long-Term Investments0.00

Other Non-Current Assets32.74M

Total Non-Current Assets35 M

Total Assets

168.91M

Financial Health Analysis

Current Ratio

2.19x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.81x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

73 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

79% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

American Resources Corporation Balance Sheet

AREC • NASDAQ

American Resources Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Sep 2016	Sep 2015	Sep 2014
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	31.7M	604.5K	1.3M	10.9M	11.5M	10.6M	3.3K	2.3M	186.7K	48.8K	444.8K	34.4K
Short-Term Investments	40.5M	587.4K	1.3M	0.0	0.0	0.0	0.0	0.0	0.0	35K	195.5K	27.6K
Cash & Short-Term Investments	72.2M	1.2M	2.7M	10.9M	11.5M	10.6M	3.3K	2.3M	186.7K	83.8K	640.2K	61.9K
Net Receivables	59.5M	1.2M	741.2K	660.8K	3.2M	272.9K	2.7M	1.7M	1.9M	2.2K	0.0	0.0
Accounts Receivables	59.4M	1.1M	741.2K	660.8K	3.2M	38.7K	2.4M	1.3M	1.9M	2.2K	0.0	0.0
Other Receivables	86K	86K	0.0	0.0	0.0	234.2K	234.2K	319.5K	30K	0.0	0.0	0.0
Inventory	0.0	960K	130K	446.7K	0.0	150.5K	515.6K	163.8K	615.1K	5K	4.2K	0.0
Prepaids	0.0	0.0	0.0	786.6K	624.6K	175K	-234.2K	147.8K	-30K	0.0	0.0	0.0
Other Current Assets	2.6M	8M	34.3M	0.0	5K	0.0	234.2K	0.0	30K	0.0	0.0	0.0
Total Current Assets	134.3M	11.3M	37.8M	12.8M	15.3M	11.2M	3.2M	4.3M	2.7M	91K	644.4K	110.4K
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	1.9M	39.3M	21.5M	22.1M	23.6M	22.5M	27.7M	32.6M	11.1M	6K	4K	0.0
Goodwill	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	361K	0.0
Intangible Assets	0.0	0.0	0.0	0.0	450.2K	0.0	0.0	0.0	0.0	0.0	120.8K	0.0
Goodwill & Intangible Assets	0.0	0.0	0.0	0.0	450.2K	0.0	0.0	0.0	0.0	0.0	481.9K	0.0
Long-Term Investments	0.0	1.7M	3.5M	18.8M	2.5M	0.0	4.4M	4.5M	4.4M	0.0	0.0	0.0
Other Non-Current Assets	32.7M	152.7M	1.9M	2.2M	995.2K	4.7M	0.0	0.0	0.0	0.0	0.0	0.0
Total Non-Current Assets	34.6M	193.7M	26.9M	43.1M	27.6M	27.2M	32.1M	37.1M	15.6M	6K	485.9K	0.0
Total Assets	168.9M	205M	64.7M	55.9M	42.9M	38.4M	35.2M	41.4M	18.3M	97K	1.1M	110.4K
LIABILITIES
CURRENT LIABILITIES
Total Payables	52.7M	14.2M	8.8M	11.7M	9.2M	8.8M	11.8M	8.6M	5.5M	10.2K	14.4K	3K
Accounts Payable	52.7M	4.2M	3.4M	4.9M	3.2M	4.3M	11M	8.1M	5.4M	10.2K	14.4K	0.0
Other Payables	0.0	10M	5.4M	6.8M	6M	4.5M	718.2K	474.7K	124K	0.0	0.0	3K
Accrued Expenses	0.0	17.1M	14.9M	106.9K	1.3M	1M	2.9M	1.1M	18.2M	73K	1.2K	3K
Short Term Debt	1.4M	45.7M	45.7M	11.7M	5.9M	11.1M	28M	14.3M	9.6M	50K	18.6K	0.0
Capital Lease Obligations (Current)	0.0	1.2M	88.8K	3.9M	151.8K	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	20.3M	35.3K	34K	0.0
Other Current Liabilities	7.1M	6.6M	7.6M	0.0	0.0	0.0	2.3M	2.4M	2.1M	0.0	0.0	-3K
Total Current Liabilities	61.2M	84.8M	77M	27.4M	16.5M	20.9M	45M	26.4M	35.4M	168.5K	68.1K	3K
NON-CURRENT LIABILITIES
Long Term Debt	1.4M	151.8M	486.6K	0.0	9.2M	19.6M	5.4M	7.9M	5.1M	0.0	0.0	0.0
Other Non-Current Liabilities	13.1M	28.5M	31.4M	20.3M	19M	17.9M	17.5M	16.2M	17.9M	0.0	0.0	0.0
Total Non-Current Liabilities	14.5M	202.1M	32.7M	28.2M	28.7M	37.5M	22.9M	24.1M	22.9M	0.0	0.0	0.0
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-95.5K	-66.9K	-3K
Capital Lease Obligations	0.0	23M	938.3K	11.8M	700.3K	0.0	89.9K	0.0	0.0	0.0	0.0	0.0
Total Liabilities	75.7M	286.9M	109.7M	55.6M	45.2M	58.4M	67.9M	50.6M	58.4M	168.5K	68.1K	3K
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	53.0	1.3K	0.0	0.0	0.0
Common Stock	10.7K	7.8K	7.6K	6.7K	6.5K	4.3K	2.7K	1.8K	89.0	2.5K	2.5K	2K
Additional Paid-In Capital	305.1M	186.4M	181.8M	167.5M	163.4M	113.3M	90.3M	42.9M	1.5M	1.1M	1M	194.4K
Retained Earnings	-210.4M	-266.8M	-225.3M	-167.2M	-165.8M	-133.3M	-123M	-52.1M	-42M	-1.2M	-513.5K	-88.9K
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-482.0	0.0	0.0
Total Stockholders' Equity	94.8M	-80.3M	-43.5M	284.7K	-2.3M	-20M	-32.7M	-9.2M	-40.5M	-142.8K	521.7K	107.4K
Total Equity	93.2M	-81.9M	-45M	284.7K	-2.3M	-20M	-32.7M	-9.2M	-40.1M	-71.5K	1.1M	107.4K
Minority Interest	-1.6M	-1.6M	-1.5M	0.0	0.0	0.0	0.0	0.0	397.9K	71.3K	540.5K	0.0
SUMMARY
Total Liabilities & Equity	168.9M	205M	64.7M	55.9M	42.9M	38.4M	35.2M	41.4M	18.3M	97K	1.1M	110.4K
Total Investments	40.5M	2.3M	4.8M	18.8M	2.5M	0.0	0.0	0.0	0.0	35K	50.9K	27.6K
Total Debt	2.8M	220.5M	47.1M	23.5M	15.7M	30.7M	33.5M	22.2M	14.7M	50K	18.6K	0.0
Net Debt	-28.9M	219.9M	45.8M	12.6M	4.2M	20.1M	33.5M	19.9M	14.5M	1.2K	-69.4K	-82.8K
Shares Outstanding	82,576,000	82,576,000	82,576,000	82,576,000	82,576,000	82,576,000	82,576,000	82,576,000	82,576,000	82,576,000	82,576,000	82,576,000

SEC Filings

AREC - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-K 10-K 2025 FY FY	May 20, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	April 30, 2026	April 24, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 17, 2026	April 17, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 16, 2026	April 15, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 13, 2026	March 12, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 12, 2026	March 12, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 09, 2026	March 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 16, 2026	January 13, 2026	2026	View Filing
8-K 8-K 2025 N/A	November 21, 2025	November 21, 2025	2025	View Filing
10-Q/A 10-Q/A 2025 Q3 (Amended) Q3	November 17, 2025	September 30, 2025	2025	View Filing

Showing 1 to 10 of 288 filings

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