Norsk Titanium AS (OSL:NTI)

Norsk Titanium AS Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	19.25	22.82	1.19	7.73	22.93
Short-Term Investments	0.55	0.59	0.58	0.61	0.58
Cash & Short-Term Investments	19.8	23.41	1.77	8.34	23.51
Cash Growth	-15.40%	1221.05%	-78.76%	-64.50%	746.49%
Accounts Receivable	1.23	1.95	0.58	0.7	0.39
Other Receivables	0.37	0.43	0.01	0.98	1.35
Receivables	1.6	2.38	0.59	1.68	1.74
Inventory	8.78	6.27	5.89	5.26	5.17
Prepaid Expenses	0.48	0.76	0.38	1.23	0.5
Other Current Assets	0.07	0.17	0.14	0.17	0.11
Total Current Assets	30.73	32.98	8.77	16.69	31.02
Property, Plant & Equipment	4.79	4.4	4.86	5.55	4.58
Other Intangible Assets	0.45	0.16	0.14	0.15	0.57
Long-Term Deferred Tax Assets	0.04	0.04	0.04	0.02	0.02
Long-Term Deferred Charges	1.02	1.79	2.97	4.15	5.79
Other Long-Term Assets	0	0	0	-0	-0
Total Assets	37.04	39.37	16.77	26.56	41.99
Accounts Payable	1.14	1.37	1.12	0.77	0.93
Accrued Expenses	1.93	2.6	1.49	1.14	1.05
Short-Term Debt	-	-	8.65	-	-
Current Portion of Long-Term Debt	0.01	0.01	-	-	-
Current Portion of Leases	0.44	0.35	0.52	0.5	0.39
Current Income Taxes Payable	-	-	-	-0.04	-0.03
Current Unearned Revenue	1.11	1.56	3.29	3.84	4.07
Other Current Liabilities	1.06	0.42	0.44	0.41	0.37
Total Current Liabilities	5.69	6.32	15.51	6.62	6.76
Long-Term Debt	4.68	0.04	0.05	-	-
Long-Term Leases	1.23	1.12	1.39	1.61	0.22
Long-Term Unearned Revenue	2.28	0.9	-	-	-
Other Long-Term Liabilities	0.21	0.18	0.85	0.91	0.9
Total Liabilities	14.08	8.57	17.8	9.14	7.88
Common Stock	8.2	6.42	2.45	2.22	2.01
Additional Paid-In Capital	19.21	54.84	19.62	38.07	48.63
Retained Earnings	-	-	-	-	-7.2
Comprehensive Income & Other	-4.45	-30.46	-23.09	-22.87	-9.34
Shareholders' Equity	22.96	30.8	-1.03	17.42	34.1
Total Liabilities & Equity	37.04	39.37	16.77	26.56	41.99
Total Debt	6.36	1.53	10.62	2.11	0.61
Net Cash (Debt)	13.44	21.88	-8.84	6.24	22.9
Net Cash Growth	-38.59%	-	-	-72.76%	-
Net Cash Per Share	0.02	0.04	-0.03	0.03	0.13
Filing Date Shares Outstanding	1,027	802.13	270.02	239.67	211.9
Total Common Shares Outstanding	1,027	802.13	270.02	239.67	211.9
Working Capital	25.05	26.66	-6.74	10.07	24.26
Book Value Per Share	0.02	0.04	-0.00	0.07	0.16
Tangible Book Value	22.51	30.64	-1.16	17.27	33.54
Tangible Book Value Per Share	0.02	0.04	-0.00	0.07	0.16
Buildings	1.78	1.78	1.67	1.61	1.82
Machinery	6.68	5.69	5.63	6.36	7.91

Source: S&P Global Market Intelligence. Standard template. Financial Sources.