NATURAL RESOURCE PARTNERS LP
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $30.1M | $30.4M | $12.0M | $39.1M | $135.5M | $99.8M | $98.3M | $101.8M |
| Accounts Receivable | $28.7M | $31.5M | $41.1M | $42.7M | $24.5M | $12.3M | $30.9M | $32.1M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $60.9M | $63.9M | $55.3M | $83.6M | $162.8M | $117.2M | $132.1M | $242.5M |
| Property, Plant & Equipment | — | — | — | — | — | — | — | $984.0K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $11.9M | $12.9M | $13.7M | $14.7M | $16.1M | $17.5M | $17.7M | $42.5M |
| Total Assets | $748.4M | $772.9M | $797.9M | $877.1M | $953.8M | $921.9M | $1.09B | $1.34B |
| Liabilities | ||||||||
| Accounts Payable | $1.2M | $909.0K | $885.0K | $2.0M | $2.0M | $1.4M | $1.2M | $2.4M |
| Total Current Liabilities | $33.0M | $31.9M | $49.8M | $60.2M | $64.4M | $61.4M | $62.7M | $148.7M |
| Long-Term Debt | $18.9M | $127.9M | $124.3M | $129.2M | $394.4M | $432.4M | $470.4M | $557.6M |
| Total Liabilities | $115.8M | $221.8M | $219.6M | $235.1M | $513.9M | $549.0M | $585.3M | $756.5M |
| Stockholders' Equity | ||||||||
| Retained Earnings | — | — | — | — | — | — | — | — |
| Total Stockholders' Equity | — | — | — | — | — | — | — | — |
Mimicking the herd invites regression to the mean (merely average performance).