NL INDUSTRIES INC
For the period ended Dec 31, 2024. Filed Mar 6, 2025.
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FY2024 · Filed Mar 6, 2025
NL$7.15-2.3%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, 2023 and 2024
| | | | | | | |
|---|---|---|---|---|---|---|
| · · December 31, | ||||||
| | 2023 | 2024 | ||||
| ASSETS | | | | | | |
| Current assets: · · | ||||||
| Cash and cash equivalents | | $111,522 | | $163,154 | ||
| Restricted cash and cash equivalents | | 2,917 | | 20,545 | ||
| Marketable securities | | | 53,149 | | | — |
| Accounts and other receivables, net | | 17,101 | | 23,739 | ||
| Receivables from affiliates | | | 628 | | | — |
| Inventories, net | | 30,712 | | 28,366 | ||
| Prepaid expenses and other | | 2,235 | | 2,154 | ||
| | | | | | | |
| Total current assets | | 218,264 | | 237,958 | ||
| | | | | | | |
| Other assets: | | | ||||
| Restricted cash and cash equivalents | | 26,943 | | 491 | ||
| Note receivable from affiliate | | 10,600 | | 9,300 | ||
| Marketable securities | | 18,194 | | 28,015 | ||
| Investment in Kronos Worldwide, Inc. | | 247,582 | | 250,278 | ||
| Goodwill | | 27,156 | | 27,156 | ||
| Other assets, net | | 2,060 | | 1,034 | ||
| | | | | | | |
| Total other assets | | 332,535 | | 316,274 | ||
| | | | | | | |
| Property and equipment: | | | ||||
| Land | | 5,390 | | 5,390 | ||
| Buildings | | 23,239 | | 23,262 | ||
| Equipment | | 74,315 | | 75,605 | ||
| Construction in progress | | 676 | | 589 | ||
| | | 103,620 | | 104,846 | ||
| Less accumulated depreciation | | 77,757 | | 80,820 | ||
| | | | | | | |
| Net property and equipment | | 25,863 | | 24,026 | ||
| | | | | | | |
| Total assets | | $576,662 | | $578,258 | ||
(In thousands, except per share data)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · December 31, | ||||||
| | 2023 | 2024 | ||||
| LIABILITIES AND EQUITY | | | | | | |
| Current liabilities: | | | | | | |
| Accounts payable | | $3,148 | | $3,758 | ||
| Accrued litigation settlement | | 11,830 | | 16,431 | ||
| Accrued and other current liabilities | | 13,182 | | 12,032 | ||
| Accrued environmental remediation and related costs | | 1,655 | | 58,135 | ||
| Payables to affiliates | | 634 | | 706 | ||
| | | | | | | |
| Total current liabilities | | 30,449 | | 91,062 | ||
| | | | | | | |
| Noncurrent liabilities: | | | | | | |
| Long-term debt from affiliate | | 500 | | 500 | ||
| Accrued environmental remediation and related costs | | 89,451 | | 11,143 | ||
| Long-term litigation settlement | | 16,122 | | — | ||
| Deferred income taxes | | 41,733 | | 53,391 | ||
| Accrued pension costs | | 1,571 | | 76 | ||
| Other | | 5,074 | | 6,183 | ||
| | | | | | | |
| Total noncurrent liabilities | | 154,451 | | 71,293 | ||
| | | | | | | |
| Equity: | | | | | | |
| NL stockholders' equity: | | | | | | |
| Preferred stock, no par value; 5,000 shares authorized; none issued | | | — | | | — |
| Common stock; $.125 par value; 150,000 shares authorized; 48,833 and 48,848 shares issued and outstanding | | 6,103 | | 6,105 | ||
| Additional paid-in capital | | 298,868 | | 299,099 | ||
| Retained earnings | | 284,462 | | 315,056 | ||
| Accumulated other comprehensive loss | | (219,621) | | (223,356) | ||
| | | | | | | |
| Total NL stockholders' equity | | 369,812 | | 396,904 | ||
| | | | | | | |
| Noncontrolling interest in subsidiary | | 21,950 | | 18,999 | ||
| | | | | | | |
| Total equity | | 391,762 | | 415,903 | ||
| | | | | | | |
| Total liabilities and equity | | $576,662 | | $578,258 | ||
Commitments and contingencies (Notes 14 and 17)
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