National Drilling Company Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	9.56	1.63	1.34	0.63	0.52
Cash & Short-Term Investments	9.56	1.63	1.34	0.63	0.52
Cash Growth	484.55%	22.46%	113.49%	19.54%	231.88%
Receivables	13.25	10.54	9.19	4.61	1.91
Inventory	10.69	9.7	7.89	6.48	6.01
Prepaid Expenses	6.35	6.66	3.51	3.09	2.95
Other Current Assets	-	1	1.34	1.71	0.42
Total Current Assets	39.84	29.54	23.26	16.51	11.81
Property, Plant & Equipment	40.47	40.78	38.4	38.03	36.2
Other Intangible Assets	-	0.02	0.03	0.05	0.07
Total Assets	80.31	70.33	61.69	54.59	48.08
Accounts Payable	3.27	2.2	1.53	2.64	1.66
Accrued Expenses	2.05	2.92	1.4	1.53	0.96
Current Income Taxes Payable	-	0.15	0.34	0.34	0.34
Other Current Liabilities	0.06	0.06	0.06	0.06	0.06
Total Current Liabilities	5.38	5.34	3.34	4.57	3.03
Long-Term Debt	18.22	18.24	17.99	20.97	20.83
Total Liabilities	23.6	23.58	21.33	25.54	23.86
Common Stock	8	8	8	8	8
Retained Earnings	48.7	38.75	32.37	21.06	16.21
Shareholders' Equity	56.7	46.75	40.37	29.06	24.21
Total Liabilities & Equity	80.31	70.33	61.69	54.59	48.08
Total Debt	18.22	18.24	17.99	20.97	20.83
Net Cash (Debt)	-8.66	-16.6	-16.65	-20.34	-20.31
Net Cash Per Share	-1.73	-3.32	-3.33	-4.07	-4.06
Filing Date Shares Outstanding	5	5	5	5	5
Total Common Shares Outstanding	5	5	5	5	5
Working Capital	34.46	24.19	19.92	11.94	8.78
Book Value Per Share	11.33	9.35	8.07	5.81	4.84
Tangible Book Value	56.7	46.74	40.33	29	24.14
Tangible Book Value Per Share	11.33	9.35	8.07	5.80	4.83
Buildings	-	0.33	0.33	0.26	0.26
Machinery	-	83.98	81.09	80.1	77.58