Northwest Natural Holding Company (NWN) Financial Statements (2024 and earlier)
Company Profile
Business Address |
250 SW TAYLOR STREET PORTLAND, OR 97204 |
State of Incorp. | OR |
Fiscal Year End | December 31 |
Industry (SIC) | 4924 - Natural Gas Distribution (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 137,759 | 140,821 | 29,270 | 108,556 | 17,209 | 24,325 | |||
Cash and cash equivalents | 137,759 | 140,821 | 29,270 | 108,556 | 17,209 | 24,325 | |||
Receivables | 92,557 | 216,939 | 254,658 | 65,536 | 85,287 | 142,415 | |||
Inventory, net of allowances, customer advances and progress billings | 67,502 | 41,392 | 87,096 | 98,725 | 65,983 | 33,377 | |||
Inventory | 67,502 | 41,392 | 87,096 | 98,725 | 65,983 | 33,377 | |||
Derivative instruments and hedges, assets | 12,423 | 8,507 | 194,412 | 62,710 | 60,652 | 84,438 | |||
Regulatory asset | 111,819 | 126,546 | 117,491 | 104,830 | 92,803 | 64,481 | |||
Other current assets | 35,797 | 41,968 | 61,286 | 41,414 | 36,060 | 42,329 | |||
Total current assets: | 457,857 | 576,173 | 744,213 | 481,771 | 357,994 | 391,365 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 72,096 | 72,699 | 73,429 | 73,145 | 73,754 | 74,416 | |||
Net investment in lease, before allowance for credit loss | 132,045 | 133,159 | 134,302 | 135,480 | 136,673 | 137,837 | |||
Property, plant and equipment | 3,210,763 | 3,155,978 | 3,114,400 | 3,041,178 | 2,978,681 | 2,904,756 | |||
Long-term investments and receivables | 104,330 | 93,611 | 95,704 | 96,569 | 96,027 | 96,266 | |||
Long-term investments | 104,330 | 93,611 | 95,704 | 96,569 | 96,027 | 96,266 | |||
Intangible assets, net (including goodwill) | 152,670 | 149,836 | 149,283 | 74,732 | 70,714 | 70,570 | |||
Goodwill | 152,670 | 149,836 | 149,283 | 74,732 | 70,714 | 70,570 | |||
Derivative instruments and hedges | 2,118 | 1,432 | 5,045 | 8,008 | 9,121 | 6,955 | |||
Regulated entity, other noncurrent assets | 307,999 | 311,419 | 340,432 | 301,660 | 301,855 | 297,546 | |||
Other noncurrent assets | 96,827 | 97,789 | 91,518 | 88,169 | 75,699 | 74,923 | |||
Total noncurrent assets: | 4,078,848 | 4,015,923 | 4,004,113 | 3,818,941 | 3,742,524 | 3,663,269 | |||
TOTAL ASSETS: | 4,536,705 | 4,592,096 | 4,748,326 | 4,300,712 | 4,100,518 | 4,054,634 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 125,029 | 155,613 | 206,461 | 176,606 | 172,862 | 155,701 | |||
Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 11,086 | 7,425 | 10,886 | ||
Taxes payable | ✕ | ✕ | ✕ | ✕ | 18,080 | 11,324 | 14,258 | ||
Accounts payable | 101,369 | 111,152 | 180,667 | 118,274 | 135,364 | 130,557 | |||
Accrued liabilities | 23,660 | 44,461 | 25,794 | 29,166 | 18,749 | ||||
Debt | 281,714 | 313,212 | 348,897 | 191,614 | 223,051 | 332,839 | |||
Derivative instruments and hedges, liabilities | 42,135 | 44,370 | 28,728 | 19,594 | 15,918 | 3,855 | |||
Regulatory liability | 61,546 | 57,523 | 248,582 | 111,551 | 97,277 | 111,791 | |||
Other liabilities | 58,777 | 71,662 | 64,552 | 39,796 | 47,624 | 52,778 | |||
Other undisclosed current liabilities | 1,732 | 1,700 | 1,514 | (27,805) | (17,434) | 1,303 | |||
Total current liabilities: | 570,933 | 644,080 | 898,734 | 511,356 | 539,298 | 658,267 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 1,294,578 | 1,294,590 | 1,246,167 | 1,365,475 | 1,124,356 | 1,123,829 | |||
Long-term debt, excluding current maturities | 1,294,578 | 1,294,590 | 1,246,167 | 1,287,006 | 1,045,530 | 1,044,667 | |||
Liabilities, other than long-term debt | 1,430,916 | 1,405,119 | 1,427,984 | 1,303,025 | 1,298,085 | 1,284,594 | |||
Deferred income tax liabilities | 380,058 | 376,237 | 366,022 | 349,633 | 355,470 | 353,746 | |||
Liability, pension and other postretirement and postemployment benefits | 147,063 | 147,890 | 149,143 | 160,196 | 162,511 | 164,530 | |||
Regulatory liability | 672,215 | 669,328 | 689,578 | 663,547 | 658,925 | 652,977 | |||
Other liabilities | 128,417 | 117,980 | 123,438 | 110,825 | 111,704 | 112,749 | |||
Operating lease, liability | 77,951 | 78,302 | 78,965 | 78,469 | 78,826 | 79,162 | |||
Derivative instruments and hedges, liabilities | 25,212 | 15,382 | 20,838 | 18,824 | 9,475 | 592 | |||
Total noncurrent liabilities: | 2,725,494 | 2,699,709 | 2,674,151 | 2,668,500 | 2,422,441 | 2,408,423 | |||
Total liabilities: | 3,296,427 | 3,343,789 | 3,572,885 | 3,179,856 | 2,961,739 | 3,066,690 | |||
Equity | |||||||||
Equity, attributable to parent | 1,240,278 | 1,248,307 | 1,175,441 | 1,120,856 | 1,138,779 | 987,944 | |||
Common stock | 831,135 | 824,304 | 805,253 | 786,094 | 767,826 | 602,382 | |||
Accumulated other comprehensive loss | (5,255) | (6,594) | (6,285) | (10,808) | (11,010) | (11,207) | |||
Retained earnings | 414,398 | 430,597 | 376,473 | 345,570 | 381,963 | 396,769 | |||
Total equity: | 1,240,278 | 1,248,307 | 1,175,441 | 1,120,856 | 1,138,779 | 987,944 | |||
TOTAL LIABILITIES AND EQUITY: | 4,536,705 | 4,592,096 | 4,748,326 | 4,300,712 | 4,100,518 | 4,054,634 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 237,859 | 462,423 | 375,253 | 116,839 | 194,960 | 350,301 | ||
Gross profit: | 237,859 | 462,423 | 375,253 | 116,839 | 194,960 | 350,301 | ||
Operating expenses | (224,016) | (348,915) | (294,026) | (131,766) | (181,421) | (262,663) | ||
Operating income (loss): | 13,843 | 113,508 | 81,227 | (14,927) | 13,539 | 87,638 | ||
Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 6,618 | 1,606 | 295 | 1,636 | 226 | (954) | ||
Income (loss) from continuing operations before equity method investments, income taxes: | 20,461 | 115,114 | 81,522 | (13,291) | 13,765 | 86,684 | ||
Other undisclosed loss from continuing operations before income taxes | (53,247) | (11,522) | ||||||
Income (loss) from continuing operations before income taxes: | 20,461 | 115,114 | 28,275 | (13,291) | 13,765 | 75,162 | ||
Income tax expense (benefit) | (243) | (25,147) | (16,495) | 6,758 | (470) | (18,923) | ||
Income (loss) from continuing operations: | 20,218 | 89,967 | 11,780 | (6,533) | 13,295 | 56,239 | ||
Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (6,533) | 13,295 | 56,239 | |
Net income (loss): | 20,218 | 89,967 | 11,780 | (6,533) | 13,295 | 56,239 | ||
Other undisclosed net income (loss) attributable to parent | (18,974) | (18,296) | 36,156 | (13,054) | (11,580) | |||
Net income (loss) available to common stockholders, diluted: | 1,244 | 71,671 | 47,936 | (19,587) | 1,715 | 56,239 |
Comprehensive Income ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
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Net income (loss): | 20,218 | 89,967 | 11,780 | (6,533) | 13,295 | 56,239 | ||
Other comprehensive income (loss) | (37) | (37) | 1,028 | (348) | (339) | (339) | ||
Comprehensive income (loss): | 20,181 | 89,930 | 12,808 | (6,881) | 12,956 | 55,900 | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (17,598) | (18,568) | 39,651 | (12,504) | (11,044) | 536 | ||
Comprehensive income (loss), net of tax, attributable to parent: | 2,583 | 71,362 | 52,459 | (19,385) | 1,912 | 56,436 |
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.