NATIONAL PRESTO INDUSTRIES INC
For the period ended Dec 31, 2024. Filed Mar 14, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 14, 2025
NPK$145.60-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets - December 31, 2024 and 2023
(Dollars in thousands except share and per share data)
| December 31 · 2024 · 2023 | ||||
|---|---|---|---|---|
| ASSETS | ||||
| CURRENT ASSETS: | ||||
| Cash and cash equivalents | $17,663 | $87,657 | ||
| Marketable securities | 5,010 | 26,454 | ||
| Accounts receivable | $62,506 | $49,323 | ||
| Less allowance for credit losses | 217 | 62,289 | 596 | 48,727 |
| Inventories: | ||||
| Finished goods | 38,351 | 31,815 | ||
| Work in process | 219,154 | 144,684 | ||
| Raw materials and supplies | 20,494 | 277,999 | 13,921 | 190,420 |
| Notes receivable, current | 600 | 1,629 | ||
| Other current assets | 3,100 | 5,223 | ||
| Total current assets | 366,661 | 360,110 | ||
| PROPERTY, PLANT AND EQUIPMENT: | ||||
| Land and land improvements | 3,622 | 3,107 | ||
| Buildings | 57,581 | 52,182 | ||
| Machinery and equipment | 53,331 | 51,721 | ||
| 114,534 | 107,010 | |||
| Less allowance for depreciation and amortization | 71,297 | 43,237 | 67,774 | 39,236 |
| GOODWILL | 19,433 | 19,433 | ||
| INTANGIBLE ASSETS, net | 3,777 | 5,290 | ||
| RIGHT-OF-USE LEASE ASSETS | 9,962 | 10,664 | ||
| DEFERRED INCOME TAXES | 10,327 | 5,803 | ||
| $453,397 | $440,536 | |||
NATIONAL PRESTO INDUSTRIES, INC.
(Dollars in thousands except share and per share data)
| December 31 | 2024 | 2023 |
|---|---|---|
| LIABILITIES | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $44,625 | $32,572 |
| Federal and state income taxes | 4,680 | 2,539 |
| Lease liabilities | 564 | 678 |
| Accrued liabilities | 24,567 | 36,230 |
| Total current liabilities | 74,436 | 72,019 |
| LEASE LIABILITIES - NON-CURRENT | 9,397 | 9,986 |
| FEDERAL AND STATE INCOME TAXES - NON-CURRENT | 1,937 | 2,275 |
| Total liabilities | 85,770 | 84,280 |
| COMMITMENTS AND CONTINGENCIES | ||
| STOCKHOLDERS' EQUITY | ||
| Common stock, $1 par value: | ||
| Outstanding: 7,105,595 and 7,084,384 shares at December 31, 2024 and 2023, respectively | $7,441 | $7,441 |
| Paid-in capital | 17,298 | 16,031 |
| Retained earnings | 353,659 | 344,245 |
| Accumulated other comprehensive income | 35 | 22 |
| 378,433 | 367,739 | |
| Less treasury stock, at cost, 334,923 and 356,134 shares at December 31, 2024 and 2023, respectively | 10,806 | 11,483 |
| Total stockholders' equity | 367,627 | 356,256 |
| $453,397 | $440,536 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.