Natural Resource Partners LP Limited Partnership (NRP) Financial Statements (2024 and earlier)
Company Profile
Business Address |
1415 LOUISIANA ST. STE 3325 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)
9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 39,091 | 135,520 | 99,790 | 98,265 | 101,839 | 29,827 | |||
Cash and cash equivalents | 39,091 | 135,520 | 99,790 | 98,265 | 101,839 | 29,827 | |||
Restricted cash and investments | 104,191 | ||||||||
Receivables | 42,701 | 24,538 | 12,322 | 30,869 | 32,058 | 47,187 | |||
Inventory, net of allowances, customer advances and progress billings | 7,553 | ||||||||
Inventory | 7,553 | ||||||||
Disposal group, including discontinued operation | 1,706 | 993 | 991 | ||||||
Other undisclosed current assets | 1,822 | 2,723 | 5,080 | 1,244 | 3,462 | 5,838 | |||
Total current assets: | 83,614 | 162,781 | 117,192 | 132,084 | 242,543 | 91,396 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 3,500 | 3,500 | 3,500 | ✕ | ✕ | ||||
Nontrade receivables | 28,946 | 31,371 | 33,264 | ||||||
Property, plant and equipment | 24,008 | 24,008 | 24,008 | 24,008 | 984 | 46,170 | |||
Long-term investments and receivables, including: | 28,946 | 31,371 | 33,264 | 36,963 | 38,945 | 40,776 | |||
Long-term investments | 306,470 | 276,004 | 262,514 | 263,080 | 247,051 | 245,433 | |||
Other undisclosed long-term investments and receivables | (277,524) | (244,633) | (229,250) | (226,117) | (208,106) | (204,657) | |||
Intangible assets, net (including goodwill) | 14,713 | 16,130 | 17,459 | 17,687 | 42,513 | 49,554 | |||
Intangible assets, net (excluding goodwill) | 14,713 | 16,130 | 17,459 | 17,687 | 42,513 | 49,554 | |||
Other noncurrent assets | 7,068 | 5,832 | 7,067 | 6,989 | 2,491 | 6,547 | |||
Other undisclosed noncurrent assets | 689,836 | 678,830 | 686,123 | 864,676 | 1,014,171 | 1,154,721 | |||
Total noncurrent assets: | 793,517 | 791,042 | 804,685 | 953,823 | 1,099,104 | 1,297,768 | |||
TOTAL ASSETS: | 877,131 | 953,823 | 921,877 | 1,085,907 | 1,341,647 | 1,389,164 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 13,908 | 12,253 | 9,118 | 9,943 | 12,895 | 23,847 | |||
Accounts payable | 1,992 | 1,956 | 1,385 | 1,179 | 548 | 6,957 | |||
Accrued liabilities | 11,916 | 10,297 | 7,733 | 8,764 | 12,347 | 16,890 | |||
Deferred revenue | 6,256 | 11,817 | 11,485 | 4,608 | ✕ | ✕ | |||
Debt | 39,076 | 39,102 | 39,055 | 45,776 | 115,184 | 79,740 | |||
Disposal group, including discontinued operation | 65 | 947 | 401 | ||||||
Due to related parties | ✕ | 1,866 | 515 | ||||||
Other undisclosed current liabilities | 989 | 1,213 | 1,714 | 2,316 | 17,854 | 16,046 | |||
Total current liabilities: | 60,229 | 64,385 | 61,372 | 62,708 | 148,746 | 120,549 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 129,205 | 394,443 | 432,444 | 470,422 | 557,574 | 729,608 | |||
Long-term debt, excluding current maturities | 129,205 | 394,443 | 432,444 | 470,422 | 557,574 | 729,608 | |||
Liabilities, other than long-term debt | 45,653 | 55,063 | 55,200 | 52,162 | 1,150 | 103,759 | |||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 100,605 | ||
Deferred revenue | 40,181 | 50,045 | 50,069 | 47,213 | ✕ | ✕ | |||
Due to related parties | ✕ | 346 | |||||||
Other liabilities | 5,472 | 5,018 | 5,131 | 4,949 | 1,150 | 2,808 | |||
Other undisclosed noncurrent liabilities | 49,044 | ||||||||
Total noncurrent liabilities: | 174,858 | 449,506 | 487,644 | 522,584 | 607,768 | 833,367 | |||
Total liabilities: | 235,087 | 513,891 | 549,016 | 585,292 | 756,514 | 953,916 | |||
Temporary equity, carrying amount | 164,587 | 183,908 | 168,337 | 164,587 | 164,587 | 173,431 | |||
Equity | |||||||||
Equity, attributable to parent | 66,681 | 51,175 | 67,138 | 64,222 | 63,354 | 63,503 | |||
Accumulated other comprehensive income (loss) | 18,717 | 3,211 | 322 | (2,594) | (3,462) | (3,313) | |||
Warrants and rights outstanding | 47,964 | 47,964 | 66,816 | 66,816 | 66,816 | 66,816 | |||
Other undisclosed equity | 410,776 | 204,849 | 137,386 | 271,806 | 357,192 | 198,314 | |||
Total equity: | 477,457 | 256,024 | 204,524 | 336,028 | 420,546 | 261,817 | |||
TOTAL LIABILITIES AND EQUITY: | 877,131 | 953,823 | 921,877 | 1,085,907 | 1,341,647 | 1,389,164 |
Income Statement (P&L) ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
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Revenues | 307,013 | 216,119 | 139,739 | 257,437 | 251,071 | 374,161 | ||
Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 374,161 | |
Cost of revenue | (62,961) | (2,572) | (4,001) | (7,462) | (36,300) | |||
Cost of goods and services sold | (34,903) | (36,300) | ||||||
Provision for loan, lease, and other losses | (2,572) | (4,001) | (7,462) | ✕ | ||||
Gross profit: | 244,052 | 213,547 | 135,738 | 249,975 | 251,071 | 337,861 | ||
Operating expenses | (20,770) | (68,586) | (212,614) | (85,974) | (194,042) | |||
Other undisclosed operating income (loss) | 81,949 | 2,817 | (179,589) | 13,960 | 27,441 | 40,156 | ||
Operating income (loss): | 305,231 | 147,778 | (43,851) | 51,321 | 192,538 | 183,975 | ||
Nonoperating income (Investment Income, Nonoperating) | 181 | |||||||
Interest and debt expense | (36,739) | (38,876) | (40,968) | (76,735) | (70,178) | (94,948) | ||
Income (loss) from continuing operations: | 268,492 | 108,902 | (84,819) | (25,414) | 122,360 | 89,208 | ||
Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | 108,902 | (84,819) | (24,458) | 140,047 | 88,667 | |
Income (loss) from discontinued operations | 956 | 17,687 | (541) | |||||
Net income (loss): | 268,492 | 108,902 | (84,819) | (24,458) | 140,047 | 88,667 | ||
Net loss attributable to noncontrolling interest | (510) | |||||||
Net income (loss) attributable to parent: | 268,492 | 108,902 | (84,819) | (24,458) | 139,537 | 88,667 | ||
Preferred stock dividends and other adjustments | ||||||||
Other undisclosed net loss available to common stockholders, basic | (30,000) | (31,609) | (30,225) | (30,000) | (30,000) | (25,453) | ||
Net income (loss) available to common stockholders, basic: | 238,492 | 77,293 | (115,044) | (54,458) | 109,537 | 63,214 | ||
Other undisclosed net income available to common stockholders, diluted | 24,630 | 29,431 | 2,301 | 1,089 | 27,209 | 23,680 | ||
Net income (loss) available to common stockholders, diluted: | 263,122 | 106,724 | (112,743) | (53,369) | 136,746 | 86,894 |
Comprehensive Income ($ in thousands)
9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
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Net income (loss): | 268,492 | 108,902 | (84,819) | (24,458) | 140,047 | 88,667 | ||
Other comprehensive income | 15,506 | |||||||
Other undisclosed comprehensive income (loss) | 2,889 | 2,916 | 868 | (149) | (1,647) | |||
Comprehensive income (loss): | 283,998 | 111,791 | (81,903) | (23,590) | 139,898 | 87,020 | ||
Comprehensive income, net of tax, attributable to noncontrolling interest | 510 | |||||||
Other undisclosed comprehensive loss, net of tax, attributable to parent | (1,020) | |||||||
Comprehensive income (loss), net of tax, attributable to parent: | 283,998 | 111,791 | (81,903) | (23,590) | 139,388 | 87,020 |
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.