Natural Alternatives International, Inc. (NAII) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 63.99M | 61.52M | 65.05M | 59.28M | 58.52M | 58.55M | 62.48M | 61.61M | 54.36M | 54.39M | 57.75M | 57.01M | 66.29M | 63.05M | 74.4M | 76.75M | 78.21M | 70.56M | 75.24M | 80.35M |
| Cash & Short-Term Investments | 9.2M | 3.75M | 7.74M | 12.32M | 10.61M | 8.66M | 10.16M | 11.98M | 12.41M | 16.59M | 16.75M | 13.6M | 15.56M | 12.77M | 12.34M | 21.83M | 18.57M | 19.35M | 20.03M | 32.13M |
| Cash Only | 9.2M | 3.75M | 7.74M | 12.32M | 10.61M | 8.66M | 10.16M | 11.98M | 12.41M | 16.59M | 16.75M | 13.6M | 15.56M | 12.77M | 12.34M | 21.83M | 18.57M | 19.35M | 20.03M | 32.13M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 20.59M | 17.88M | 19.1M | 14.92M | 13.01M | 17.82M | 17.62M | 16.89M | 12.88M | 11.34M | 10.09M | 7.33M | 8.25M | 10.28M | 15.27M | 17.49M | 16.74M | 15.06M | 20.25M | 17.95M |
| Days Sales Outstanding | 49.05 | 49.3 | 41.92 | 37.52 | 48.22 | 47.84 | 47.89 | 45.94 | 43.84 | 39.11 | 23.58 | 19.74 | 25.5 | 27.79 | 34.94 | 29.65 | 33.77 | 43.05 | 45.82 | 35.7 |
| Inventory | 29.93M | 33.43M | 30.65M | 24.87M | 26.99M | 23.04M | 25.93M | 24.25M | 21.07M | 19.6M | 23.3M | 29.69M | 39.31M | 36.04M | 39.99M | 32.48M | 36.8M | 31.83M | 31.71M | 27.01M |
| Days Inventory Outstanding | 81.24 | 91.26 | 76.63 | 77.8 | 83.56 | 69.5 | 74.72 | 73.46 | 79.71 | 79.52 | 79.07 | 102.28 | 108.24 | 96.93 | 88.29 | 71.25 | 88.29 | 93.73 | 89.85 | 69.99 |
| Other Current Assets | 4.28M | 6.45M | 7.56M | 7.16M | 7.91M | 9.03M | 8.78M | 8.49M | 8M | 6.86M | 7.61M | 6.38M | 3.17M | 3.96M | 4.44M | 3.14M | 2.44M | 1.83M | 1.17M | 1.09M |
| Total Non-Current Assets | 90.89M | 91.78M | 91.89M | 92.66M | 96.42M | 97.58M | 98.79M | 100.73M | 98.85M | 101.34M | 102.5M | 77.14M | 77.64M | 77.53M | 75.16M | 69.26M | 57.28M | 56.8M | 56.93M | 39.93M |
| Property, Plant & Equipment | 89.94M | 91.04M | 91.21M | 91.94M | 92.25M | 93.24M | 93.98M | 95.75M | 96.42M | 98.2M | 99.62M | 74.21M | 74.72M | 74.72M | 72.52M | 66.27M | 54.45M | 54.28M | 54.72M | 38.15M |
| Fixed Asset Turnover | 0.39x | 0.38x | 0.41x | 0.37x | 0.31x | 0.36x | 0.35x | 0.31x | 0.26x | 0.25x | 0.39x | 0.48x | 0.44x | 0.57x | 0.62x | 0.87x | 0.78x | 0.69x | 0.83x | 1.15x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 78K | 221K | 316K | 441K | 0 | 542K | 632K | 627K | 0 | 358K | 0 | 500K | 0 |
| Other Non-Current Assets | 942K | 749K | 686K | 719K | 943K | 1.21M | 1.48M | 1.74M | 1.92M | 2.82M | 2.71M | 2.58M | 2.38M | 2.18M | 2.02M | 2.98M | 2.48M | 2.51M | 1.71M | 1.78M |
| Total Assets | 154.88M | 153.3M | 156.94M | 151.94M | 154.94M | 156.13M | 161.27M | 162.34M | 153.21M | 155.73M | 160.25M | 134.15M | 143.93M | 140.58M | 149.57M | 146M | 135.49M | 127.36M | 132.16M | 120.28M |
| Asset Turnover | 0.23x | 0.22x | 0.24x | 0.22x | 0.18x | 0.21x | 0.20x | 0.19x | 0.16x | 0.16x | 0.23x | 0.26x | 0.23x | 0.29x | 0.29x | 0.37x | 0.32x | 0.29x | 0.30x | 0.37x |
| Asset Growth % | -0.04% | -1.81% | -2.68% | -6.41% | 1.13% | 0.25% | 0.64% | 21.01% | 6.45% | 10.78% | 7.14% | -8.12% | 6.23% | 10.38% | 13.17% | 21.38% | 14.37% | 1.47% | 2.81% | 0.06% |
| Total Current Liabilities | 39.13M | 32.85M | 33.9M | 28.8M | 23.31M | 21.65M | 24.43M | 23.46M | 13.65M | 13.41M | 15.44M | 15.88M | 25.57M | 18.55M | 26.78M | 23.89M | 24.37M | 16.49M | 20.62M | 22.07M |
| Accounts Payable | 18.16M | 16.55M | 20.09M | 15.35M | 12.82M | 8.6M | 9.95M | 12.74M | 6.97M | 7.49M | 7.61M | 7.78M | 10.89M | 13.18M | 17.66M | 16.18M | 17.84M | 10.14M | 13.01M | 11.89M |
| Days Payables Outstanding | 44.49 | 52.17 | 48.92 | 42.26 | 35.78 | 26.32 | 33.78 | 31.95 | 28.35 | 28.01 | 22.96 | 27.67 | 34.58 | 39.32 | 41.23 | 34.99 | 35.99 | 34.15 | 38.11 | 33.93 |
| Short-Term Debt | 12.67M | 8.44M | 5.03M | 2.21M | 2.3M | 5.3M | 5.7M | 3.7M | 294K | 292K | 290K | 312K | 9.41M | 307K | 3.71M | 302K | 300K | 298K | 296K | 0 |
| Deferred Revenue (Current) | 1.32M | 1.21M | 0 | 1.36M | 1.52M | 1.17M | 636K | 0 | 387K | 695K | 405K | 317K | 326K | 425K | 108K | 140K | 372K | 622K | 1.94M | 0 |
| Other Current Liabilities | 6.97M | 4.15M | 5.75M | 4.14M | 2.46M | 2.4M | 543K | 393K | 2.44M | 1.7M | 3.09M | 2.25M | 3.06M | 1.83M | 2.62M | 3.67M | 3.11M | 2.63M | 2.9M | 3.15M |
| Current Ratio | 1.64x | 1.87x | 1.92x | 2.06x | 2.51x | 2.70x | 2.56x | 2.63x | 3.98x | 4.06x | 3.74x | 3.59x | 2.59x | 3.40x | 2.78x | 3.21x | 3.21x | 4.28x | 3.65x | 3.64x |
| Quick Ratio | 0.87x | 0.85x | 1.01x | 1.19x | 1.35x | 1.64x | 1.50x | 1.59x | 2.44x | 2.59x | 2.23x | 1.72x | 1.06x | 1.46x | 1.28x | 1.85x | 1.70x | 2.35x | 2.11x | 2.42x |
| Cash Conversion Cycle | 85.8 | 88.38 | 69.63 | 73.05 | 96.01 | 91.02 | 88.83 | 87.45 | 95.2 | 90.63 | 79.69 | 94.35 | 99.16 | 85.4 | 81.99 | 65.91 | 86.07 | 102.64 | 97.56 | 71.76 |
| Total Non-Current Liabilities | 52.65M | 53.41M | 54.02M | 54.71M | 55.01M | 55.34M | 56.65M | 56.28M | 55.47M | 56.87M | 56M | 29.5M | 31.75M | 32.5M | 32.93M | 33.59M | 26.04M | 26.47M | 27.03M | 18.13M |
| Long-Term Debt | 8.39M | 53.27M | 53.9M | 8.63M | 8.7M | 8.78M | 8.86M | 8.93M | 9.01M | 9.08M | 9.15M | 9.21M | 9.28M | 9.35M | 9.42M | 9.49M | 9.56M | 9.63M | 9.7M | 0 |
| Capital Lease Obligations | 44.1M | 44.8M | 45.35M | 45.97M | 45.41M | 45.66M | 46.91M | 46.47M | 45.42M | 46.7M | 45.78M | 18.96M | 20.79M | 21.29M | 21.14M | 21.41M | 14.59M | 15.15M | 15.74M | 16.48M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 284K | 484K | 1.01M | 1.22M | 360K | 157K | 75K | 0 |
| Other Non-Current Liabilities | 149K | -44.66M | -45.23M | 111K | 903K | 899K | 884K | 881K | 1.03M | 1.09M | 1.07M | 1.33M | 1.41M | 1.38M | 1.36M | 1.46M | 1.53M | 1.53M | 1.52M | 1.65M |
| Total Liabilities | 91.77M | 86.25M | 87.92M | 83.51M | 78.33M | 76.99M | 81.08M | 79.75M | 69.11M | 70.28M | 71.44M | 45.38M | 57.32M | 51.05M | 59.71M | 57.48M | 50.41M | 42.96M | 47.66M | 40.2M |
| Total Debt | 65.17M | 106.51M | 104.28M | 59.03M | 58.43M | 61.67M | 63.43M | 60.29M | 55.86M | 57.3M | 56.35M | 30.93M | 39.47M | 30.94M | 34.27M | 31.84M | 24.45M | 25.08M | 25.74M | 16.48M |
| Net Debt | 55.97M | 102.75M | 96.53M | 46.7M | 47.82M | 53.01M | 53.27M | 48.31M | 43.45M | 40.7M | 39.6M | 17.33M | 23.91M | 18.17M | 21.93M | 10.01M | 5.87M | 5.73M | 5.71M | -15.65M |
| Debt / Equity | 1.03x | 1.59x | 1.51x | 0.86x | 0.76x | 0.78x | 0.79x | 0.73x | 0.66x | 0.67x | 0.63x | 0.35x | 0.46x | 0.35x | 0.38x | 0.36x | 0.29x | 0.30x | 0.30x | 0.21x |
| Debt / EBITDA | - | - | 90.76x | - | - | - | - | - | - | - | 93.30x | 7.07x | - | 6.04x | 11.61x | 6.89x | 5.51x | 5.75x | 4.84x | 3.64x |
| Net Debt / EBITDA | - | - | 84.02x | - | - | - | - | - | - | - | 65.57x | 3.96x | - | 3.54x | 7.43x | 2.17x | 1.32x | 1.31x | 1.07x | -3.46x |
| Interest Coverage | -15.19x | -9.10x | -0.08x | -2.57x | -9.74x | -9.31x | -12.56x | -21.43x | -25.59x | -53.73x | -8.51x | 15.48x | -23.03x | 42.56x | 18.57x | 99.37x | 168.68x | 185.00x | 324.23x | 436.88x |
| Total Equity | 63.11M | 67.05M | 69.02M | 68.43M | 76.62M | 79.14M | 80.19M | 82.59M | 84.1M | 85.45M | 88.81M | 88.77M | 86.61M | 89.53M | 89.86M | 88.52M | 85.08M | 84.4M | 84.5M | 80.08M |
| Equity Growth % | -17.63% | -15.28% | -13.92% | -17.15% | -8.89% | -7.39% | -9.72% | -6.96% | -2.89% | -4.55% | -1.16% | 0.28% | 1.8% | 6.08% | 6.33% | 10.54% | 11.91% | 16.43% | 18.8% | 12.2% |
| Book Value per Share | 10.47 | 11.16 | 11.49 | 11.08 | 12.89 | 13.37 | 13.55 | 13.96 | 14.33 | 14.61 | 15.18 | 15.16 | 14.89 | 15.24 | 15.12 | 14.38 | 14.08 | 13.49 | 13.31 | 12.68 |
| Total Shareholders' Equity | 63.11M | 67.05M | 69.02M | 68.43M | 76.62M | 79.14M | 80.19M | 82.59M | 84.1M | 85.45M | 88.81M | 88.77M | 86.61M | 89.53M | 89.86M | 88.52M | 85.08M | 84.4M | 84.5M | 80.08M |
| Common Stock | 94K | 93K | 93K | 93K | 93K | 93K | 93K | 93K | 93K | 91K | 91K | 91K | 91K | 89K | 89K | 89K | 89K | 88K | 88K | 88K |
| Retained Earnings | 52.24M | 56.55M | 59.1M | 59.39M | 66.61M | 68.79M | 70.98M | 72.97M | 74.84M | 76.42M | 79.49M | 80.18M | 78.15M | 80.53M | 78.71M | 77.66M | 74.56M | 72.05M | 70.2M | 66.95M |
| Treasury Stock | -23.34M | -23.26M | -23.26M | -23.25M | -23.25M | -23.08M | -23.08M | -23.08M | -23.07M | -22.86M | -22.86M | -22.86M | -22.86M | -22.41M | -21.85M | -21.35M | -20.95M | -18.39M | -15.86M | -15.85M |
| Accumulated OCI | 15K | -301K | -701K | -1.42M | -261K | 152K | -718K | -22K | -118K | -242K | 353K | -83K | 78K | 435K | 2.24M | 1.7M | 1.2M | 724K | 393K | -561K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |