Natural Resource Partners LP Limited Partnership (NRP) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
1201 LOUISIANA STREET, SUITE 3400 HOUSTON, TX 77002 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1221 - Bituminous Coal and Lignite Surface Mining (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 39,091 | 60,937 | 59,356 | 135,590 | 135,520 | 118,989 | 97,908 | ||
| Cash and cash equivalents | 39,091 | 60,937 | 59,356 | 135,590 | 135,520 | 118,989 | 97,908 | ||
| Receivables | 42,701 | 34,726 | 37,288 | 32,729 | 24,538 | 23,231 | 15,322 | ||
| Other undisclosed current assets | 1,822 | 1,228 | 3,204 | 3,510 | 2,723 | 1,010 | 4,038 | ||
| Total current assets: | 83,614 | 96,891 | 99,848 | 171,829 | 162,781 | 143,230 | 117,268 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 3,500 | ||||||||
| Nontrade receivables | 28,946 | 29,570 | 30,182 | 30,783 | 31,371 | 31,948 | 32,514 | ||
| Property, plant and equipment | 24,008 | 24,008 | 24,008 | 24,008 | 24,008 | 24,008 | 24,008 | ||
| Long-term investments and receivables, including: | 28,946 | 29,570 | 30,182 | 30,783 | 31,371 | 31,948 | 32,514 | ||
| Long-term investments | 306,470 | 284,806 | 280,300 | 280,156 | 276,004 | 277,309 | 266,433 | ||
| Other undisclosed long-term investments and receivables | (277,524) | (255,236) | (250,118) | (249,373) | (244,633) | (245,361) | (233,919) | ||
| Intangible assets, net (including goodwill) | 14,713 | 15,168 | 15,634 | 16,019 | 16,130 | 16,243 | 16,742 | ||
| Intangible assets, net (excluding goodwill) | 14,713 | 15,168 | 15,634 | 16,019 | 16,130 | 16,243 | 16,742 | ||
| Other noncurrent assets | 7,068 | 7,216 | 4,664 | 5,528 | 5,832 | 5,814 | 6,085 | ||
| Other undisclosed noncurrent assets | 689,836 | 676,587 | 678,623 | 683,338 | 678,830 | 687,815 | 681,074 | ||
| Total noncurrent assets: | 793,517 | 782,119 | 783,293 | 790,459 | 791,042 | 797,776 | 792,937 | ||
| TOTAL ASSETS: | 877,131 | 879,010 | 883,141 | 962,288 | 953,823 | 941,006 | 910,205 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 13,908 | 12,319 | 7,476 | 5,284 | 12,253 | 7,702 | 7,039 | ||
| Interest and dividends payable | ✕ | 4,227 | ✕ | ✕ | |||||
| Accounts payable | 1,992 | 2,179 | 1,969 | 1,896 | 1,956 | 1,474 | 1,293 | ||
| Accrued liabilities | 11,916 | 5,913 | 5,507 | 3,388 | 10,297 | 6,228 | 5,746 | ||
| Deferred revenue | 6,256 | 8,886 | 11,475 | 15,420 | 11,817 | 11,201 | 10,293 | ||
| Debt | 39,076 | 89,989 | 39,070 | 39,046 | 39,102 | 39,082 | 39,060 | ||
| Other undisclosed current liabilities | 989 | 1,050 | 8,463 | 1,213 | 8,685 | 1,423 | |||
| Total current liabilities: | 60,229 | 111,194 | 59,071 | 68,213 | 64,385 | 66,670 | 57,815 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 129,205 | 148,734 | 259,296 | 378,163 | 394,443 | 414,437 | 414,099 | ||
| Long-term debt, excluding current maturities | 129,205 | 148,734 | 259,296 | 378,163 | 394,443 | 414,437 | 414,099 | ||
| Liabilities, other than long-term debt | 45,653 | 41,113 | 45,823 | 43,929 | 55,063 | 53,152 | 56,612 | ||
| Deferred revenue | 40,181 | 35,882 | 40,811 | 39,126 | 50,045 | 48,232 | 51,793 | ||
| Other liabilities | 5,472 | 5,231 | 5,012 | 4,803 | 5,018 | 4,920 | 4,819 | ||
| Total noncurrent liabilities: | 174,858 | 189,847 | 305,119 | 422,092 | 449,506 | 467,589 | 470,711 | ||
| Total liabilities: | 235,087 | 301,041 | 364,190 | 490,305 | 513,891 | 534,259 | 528,526 | ||
| Temporary equity, carrying amount | 164,587 | 164,587 | 164,587 | 164,587 | 183,908 | 179,927 | 176,006 | ||
| Equity | |||||||||
| Equity, attributable to parent | 66,681 | 49,996 | 49,707 | 53,720 | 51,175 | 74,607 | 70,403 | ||
| Accumulated other comprehensive income | 18,717 | 2,032 | 1,743 | 5,756 | 3,211 | 7,791 | 3,587 | ||
| Warrants and rights outstanding | 47,964 | 47,964 | 47,964 | 47,964 | 47,964 | 66,816 | 66,816 | ||
| Other undisclosed equity | 410,776 | 363,386 | 304,657 | 253,676 | 204,849 | 152,213 | 135,270 | ||
| Total equity: | 477,457 | 413,382 | 354,364 | 307,396 | 256,024 | 226,820 | 205,673 | ||
| TOTAL LIABILITIES AND EQUITY: | 877,131 | 879,010 | 883,141 | 962,288 | 953,823 | 941,006 | 910,205 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 75,218 | 81,379 | 99,588 | 89,716 | 83,906 | 56,727 | 38,394 | |
| Cost of revenue | (18,834) | (15,914) | (400) | (1,028) | (857) | (1,100) | ||
| Cost of goods and services sold | (8,914) | (7,898) | ||||||
| Provision for loan, lease, and other losses | (400) | (1,028) | (857) | (1,100) | ||||
| Gross profit: | 56,384 | 65,465 | 99,188 | 88,688 | 83,049 | 56,727 | 37,294 | |
| Operating expenses | (7,432) | (4,164) | (20,957) | (16,430) | (18,699) | (17,645) | ||
| Other undisclosed operating income (loss) | 21,837 | 20,879 | 745 | 1,028 | 859 | 68 | (12,229) | |
| Operating income: | 70,789 | 82,180 | 78,976 | 73,286 | 65,209 | 39,150 | 25,065 | |
| Interest and debt expense | (7,571) | (7,625) | (12,156) | (9,387) | (9,568) | (9,652) | (9,683) | |
| Income from continuing operations: | 63,218 | 74,555 | 66,820 | 63,899 | 55,641 | 29,498 | 15,382 | |
| Income before gain (loss) on sale of properties: | ✕ | 74,555 | 66,820 | 63,899 | 55,641 | 29,498 | 15,382 | |
| Net income attributable to parent: | 63,218 | 74,555 | 66,820 | 63,899 | 55,641 | 29,498 | 15,382 | |
| Other undisclosed net loss available to common stockholders, basic | (7,500) | (7,500) | (7,500) | (7,500) | (8,079) | (7,961) | (7,842) | |
| Net income available to common stockholders, basic: | 55,718 | 67,055 | 59,320 | 56,399 | 47,562 | 21,537 | 7,540 | |
| Other undisclosed net income available to common stockholders, diluted | 6,235 | 6,009 | 6,164 | 6,222 | 6,966 | 7,372 | 7,534 | |
| Net income available to common stockholders, diluted: | 61,953 | 73,064 | 65,484 | 62,621 | 54,528 | 28,909 | 15,074 | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 63,218 | 74,555 | 66,820 | 63,899 | 55,641 | 29,498 | 15,382 | |
| Other comprehensive income | 16,685 | 289 | ||||||
| Other undisclosed comprehensive income (loss) | (4,013) | 2,545 | (4,580) | 4,204 | 2,533 | |||
| Comprehensive income, net of tax, attributable to parent: | 79,903 | 74,844 | 62,807 | 66,444 | 51,061 | 33,702 | 17,915 | |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.