Natural Resource Partners Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	31.02	30.44	11.99	39.09	135.52	99.79
Cash & Short-Term Investments	31.02	30.44	11.99	39.09	135.52	99.79
Cash Growth	0.39%	153.93%	-69.33%	-71.16%	35.80%	1.55%
Receivables	30.65	31.47	41.22	42.7	25.31	15.63
Other Current Assets	0.24	1.96	2.09	1.82	1.95	1.77
Total Current Assets	61.92	63.87	55.29	83.61	162.78	117.19
Property, Plant & Equipment	397.31	407.85	422.79	439.82	465.21	487.88
Long-Term Investments	253.72	257.36	276.55	306.47	276	262.51
Other Intangible Assets	12.33	12.92	13.68	14.71	16.13	17.46
Long-Term Accounts Receivable	23.15	25.83	26.32	29.02	31.62	33.79
Other Long-Term Assets	5.13	5.08	3.24	3.49	2.08	3.04
Total Assets	753.55	772.91	797.88	877.13	953.82	921.88
Accounts Payable	0.76	0.91	0.89	1.99	1.96	1.39
Accrued Expenses	8.81	12.42	13.57	12.91	11.51	9.45
Current Portion of Long-Term Debt	14.25	14.19	30.79	39.08	39.1	39.06
Current Unearned Revenue	5.13	4.34	4.6	6.26	11.82	11.49
Total Current Liabilities	28.94	31.87	49.84	60.23	64.39	61.37
Long-Term Debt	55.13	127.88	124.27	129.21	394.44	432.44
Long-Term Leases	3.4	4.37	4.3	3.5	-	-
Long-Term Unearned Revenue	52.51	55.81	38.36	40.18	50.05	50.07
Other Long-Term Liabilities	2.32	1.88	2.87	1.97	5.02	5.13
Total Liabilities	142.3	221.8	219.64	235.09	513.89	549.02
Common Stock	602.55	543.23	503.08	404.8	203.06	136.93
Comprehensive Income & Other	-2.22	-1.67	19.97	66.68	51.18	67.14
Total Common Equity	600.34	541.56	523.05	471.48	254.24	204.07
Minority Interest	10.91	9.55	8.01	5.98	1.79	0.46
Shareholders' Equity	611.25	551.11	578.24	642.04	439.93	372.86
Total Liabilities & Equity	753.55	772.91	797.88	877.13	953.82	921.88
Total Debt	72.78	146.44	159.36	171.78	433.55	471.5
Net Cash (Debt)	-41.76	-115.99	-147.37	-132.69	-298.03	-371.71
Net Cash Per Share	-3.14	-8.50	-9.16	-6.75	-13.43	-30.32
Filing Date Shares Outstanding	13.14	13.14	12.96	12.63	12.51	12.35
Total Common Shares Outstanding	13.14	13.05	12.63	12.51	12.35	12.26
Working Capital	32.97	32.01	5.45	23.39	98.4	55.82
Book Value Per Share	45.69	41.50	41.40	37.70	20.58	16.64
Tangible Book Value	588.01	528.64	509.37	456.77	238.11	186.61
Tangible Book Value Per Share	44.76	40.51	40.32	36.52	19.28	15.22
Land	24.01	24.01	24.01	24.01	24.01	24.01

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q