NATURAL RESOURCE PARTNERS LP
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 5, 2024
NRP$122.68+2.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Consolidated Financial Statements Consolidated Balance Sheets
PART I. FINANCIAL INFORMATION
ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS
NATURAL RESOURCE PARTNERS L.P.
CONSOLIDATED BALANCE SHEETS
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| (In thousands, except unit data) · (Unaudited) | ||
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $30,900 | $11,989 |
| Accounts receivable, net | 36,886 | 41,086 |
| Other current assets, net | 1,483 | 2,218 |
| Total current assets | $69,269 | $55,293 |
| Land | 24,008 | 24,008 |
| Mineral rights, net | 382,274 | 394,483 |
| Intangible assets, net | 13,109 | 13,682 |
| Equity in unconsolidated investment | 267,806 | 276,549 |
| Long-term contract receivable, net | 24,212 | 26,321 |
| Other long-term assets, net | 9,187 | 7,540 |
| Total assets | $789,865 | $797,876 |
| LIABILITIES AND CAPITAL | ||
| Current liabilities | ||
| Accounts payable | $984 | $885 |
| Accrued liabilities | 7,912 | 12,987 |
| Accrued interest | 775 | 584 |
| Current portion of deferred revenue | 5,823 | 4,599 |
| Current portion of long-term debt, net | 14,226 | 30,785 |
| Total current liabilities | $29,720 | $49,840 |
| Deferred revenue | 53,912 | 38,356 |
| Long-term debt, net | 183,137 | 124,273 |
| Other non-current liabilities | 5,903 | 7,172 |
| Total liabilities | $272,672 | $219,641 |
| Commitments and contingencies (see Note 13) | ||
| Class A Convertible Preferred Units (71,666 issued and outstanding at December 31, 2023 at $1,000 par value per unit) (See Note 3) | $— | $47,181 |
| Partners’ capital | ||
| Common unitholders’ interest (13,049,123 and 12,634,642 units issued and outstanding at September 30, 2024 and December 31, 2023, respectively) | $509,258 | $503,076 |
| General partner’s interest | 8,891 | 8,005 |
| Warrant holders’ interest | — | 23,095 |
| Accumulated other comprehensive loss | (956) | (3,122) |
| Total partners’ capital | $517,193 | $531,054 |
| Total liabilities and partners' capital | $789,865 | $797,876 |
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