NL Industries, Inc. (NL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | 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 |
|---|
| Total Current Assets | 155.86M | 159.9M | 174.3M | 183.69M | 179.62M | 237.96M | 225.58M | 227.36M | 218.3M | 218.26M | 206.12M | 208.37M | 198.64M | 193.97M | 186.01M | 208.96M | 197.35M | 193.65M | 186.72M | 186.63M |
| Cash & Short-Term Investments | 105.03M | 113.74M | 101.92M | 111.47M | 110M | 163.15M | 145.96M | 179.39M | 167.92M | 164.67M | 146.05M | 154.24M | 143.83M | 139.03M | 127.95M | 151.25M | 145.06M | 147M | 142.2M | 145.27M |
| Cash Only | 105.03M | 113.74M | 101.92M | 111.47M | 110M | 163.15M | 145.96M | 167.45M | 138.26M | 111.52M | 65.84M | 58.52M | 48.15M | 68.87M | 127.95M | 151.25M | 145.06M | 147M | 142.2M | 145.27M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.93M | 29.66M | 53.15M | 80.22M | 95.72M | 95.69M | 70.16M | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 18.99M | 13.8M | 17.86M | 16.97M | 18.13M | 23.74M | 14.58M | 15.83M | 17.97M | 17.73M | 20.68M | 15.68M | 19.6M | 18.51M | 19.22M | 17.7M | 17.78M | 15.61M | 15.16M | 16.67M |
| Days Sales Outstanding | 36.37 | 38.64 | 40.11 | 39.57 | 46.79 | 45.89 | 41.56 | 42.86 | 42.78 | 40.93 | 41.45 | 43.84 | 41.67 | 43.41 | 39.63 | 38.74 | 35.73 | 41.52 | 42.37 | 42.52 |
| Inventory | 30.07M | 0 | 30.95M | 32.9M | 29.16M | 28.37M | 28.01M | 27.36M | 27.54M | 30.71M | 34.28M | 33.77M | 30.23M | 31.29M | 33.34M | 33.3M | 28.08M | 25.64M | 23.54M | 19.95M |
| Days Inventory Outstanding | 99.07 | - | 101.56 | 102.77 | 92.09 | 94.81 | 105.25 | 101.05 | 93.65 | 101.2 | 112.86 | 110.54 | 97.33 | 103.16 | 99.12 | 99.59 | 80.67 | 91.97 | 84.64 | 69.49 |
| Other Current Assets | 1.77M | 32.36M | 21.55M | 22.34M | 22.33M | 22.7M | 29.86M | 4.77M | 4.87M | 5.15M | 5.1M | 4.69M | 4.97M | 5.14M | 2.83M | 2.83M | 2.77M | 2.77M | 2.73M | 2.73M |
| Total Non-Current Assets | 305.33M | 310.11M | 325.9M | 340.02M | 340.41M | 340.3M | 360.07M | 352.67M | 350.51M | 358.4M | 364.37M | 378.05M | 395.33M | 415.9M | 397.4M | 431.44M | 417.37M | 402.5M | 386.33M | 388.72M |
| Property, Plant & Equipment | 24.47M | 0 | 23.98M | 23.9M | 23.55M | 24.03M | 24.26M | 24.74M | 25.18M | 25.86M | 26.22M | 27.12M | 27.91M | 28.69M | 29.06M | 29.46M | 29.9M | 29.18M | 28.54M | 28.71M |
| Fixed Asset Turnover | 1.66x | - | 1.67x | 1.70x | 1.69x | 1.59x | 1.37x | 1.44x | 1.49x | 1.66x | 1.51x | 1.33x | 1.45x | 1.38x | 1.46x | 1.40x | 1.42x | 1.18x | 1.21x | 1.27x |
| Goodwill | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M | 27.16M |
| 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 | 252.77M | 252.84M | 246.5M | 278.76M | 278.92M | 278.29M | 299.52M | 258.62M | 257.8M | 265.78M | 271.12M | 283.86M | 299.3M | 318.56M | 298.47M | 330.16M | 314M | 299.24M | 278.07M | 275.99M |
| Other Non-Current Assets | 935K | 30.12M | 28.27M | 10.2M | 10.78M | 10.82M | 9.13M | 42.15M | 40.38M | 39.6M | 39.88M | 39.91M | 40.96M | 41.49M | 42.71M | 44.67M | 46.32M | 46.93M | 52.56M | 56.86M |
| Total Assets | 461.19M | 470.01M | 500.2M | 523.7M | 520.02M | 578.26M | 585.65M | 580.03M | 568.82M | 576.66M | 570.48M | 586.42M | 593.97M | 609.87M | 583.41M | 640.4M | 614.72M | 596.15M | 573.04M | 575.35M |
| Asset Turnover | 0.09x | 0.08x | 0.08x | 0.08x | 0.07x | 0.07x | 0.06x | 0.06x | 0.07x | 0.08x | 0.07x | 0.06x | 0.07x | 0.07x | 0.07x | 0.07x | 0.07x | 0.06x | 0.06x | 0.06x |
| Asset Growth % | -11.31% | -18.72% | -14.59% | -9.71% | -8.58% | 0.28% | 2.66% | -1.09% | -4.24% | -5.44% | -2.22% | -8.43% | -3.38% | 2.3% | 1.81% | 11.31% | 9.95% | 8.76% | 5.61% | 5.29% |
| Total Current Liabilities | 14.63M | 20.58M | 35.17M | 33.98M | 30.94M | 91.06M | 33.57M | 29.56M | 24.6M | 30.45M | 30.02M | 29.34M | 26.72M | 32.05M | 32.03M | 31.5M | 27.51M | 30.6M | 30.13M | 27.54M |
| Accounts Payable | 4.36M | 3.49M | 3.25M | 4.12M | 3.97M | 3.76M | 3.29M | 3.79M | 3.07M | 3.78M | 3.99M | 5.22M | 3.92M | 3.54M | 5.17M | 6.42M | 5.13M | 3.41M | 4.5M | 3.75M |
| Days Payables Outstanding | 12.93 | 12.1 | 11.71 | 13.39 | 12.37 | 11.85 | 13.46 | 12.63 | 11.02 | 12.1 | 15.28 | 15.8 | 11.8 | 13.9 | 17.24 | 18.73 | 12.81 | 14.79 | 16.07 | 12.43 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 4.37M | 17.09M | 19.7M | 10.96M | 7.58M | 68.44M | 21.07M | 13.19M | 8.98M | 13.72M | 13.52M | 11.52M | 7.61M | 13.65M | 12.23M | 10.42M | 7.93M | 12.99M | 13.12M | 11.1M |
| Current Ratio | 10.65x | 7.77x | 4.96x | 5.41x | 5.81x | 2.61x | 6.72x | 7.69x | 8.87x | 7.17x | 6.87x | 7.10x | 7.43x | 6.05x | 5.81x | 6.63x | 7.17x | 6.33x | 6.20x | 6.78x |
| Quick Ratio | 8.60x | 7.77x | 4.08x | 4.44x | 4.86x | 2.30x | 5.89x | 6.77x | 7.75x | 6.16x | 5.72x | 5.95x | 6.30x | 5.08x | 4.77x | 5.58x | 6.15x | 5.49x | 5.42x | 6.05x |
| Cash Conversion Cycle | 122.51 | - | 129.96 | 128.95 | 126.51 | 128.84 | 133.35 | 131.28 | 125.41 | 130.03 | 139.02 | 138.58 | 127.19 | 132.67 | 121.5 | 119.59 | 103.58 | 118.71 | 110.94 | 99.58 |
| Total Non-Current Liabilities | 68.93M | 72.64M | 71.76M | 72.71M | 72.26M | 71.29M | 147.15M | 155.25M | 154.13M | 154.45M | 154.75M | 168.31M | 175.97M | 175.07M | 167.84M | 187.93M | 184.04M | 180.58M | 177.53M | 189.23M |
| Long-Term Debt | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K |
| Capital Lease Obligations | 926K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 55.44M | 59.9M | 0 | 60.27M | 59.32M | 58.17M | 0 | 46.58M | 45.15M | 0 | 45.27M | 46.4M | 53.73M | 52.83M | 46.31M | 53.52M | 49.22M | 45.78M | 41.61M | 40.76M |
| Other Non-Current Liabilities | 12.07M | 12.25M | 71.26M | 11.94M | 12.44M | 12.62M | 146.65M | 108.17M | 108.48M | 153.95M | 108.98M | 121.41M | 121.74M | 121.73M | 121.03M | 133.9M | 134.32M | 134.3M | 135.42M | 147.97M |
| Total Liabilities | 83.56M | 93.22M | 106.93M | 106.69M | 103.19M | 162.35M | 180.72M | 184.81M | 178.73M | 184.9M | 184.78M | 197.65M | 202.69M | 207.12M | 199.86M | 219.43M | 211.54M | 211.18M | 207.66M | 216.77M |
| Total Debt | 1.43M | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K |
| Net Debt | -103.61M | -113.24M | -101.42M | -110.97M | -109.5M | -162.65M | -145.46M | -166.95M | -137.76M | -111.02M | -65.34M | -58.02M | -47.65M | -68.37M | -127.45M | -150.75M | -144.56M | -146.5M | -141.7M | -144.77M |
| Debt / Equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Debt / EBITDA | 0.35x | 0.19x | 0.18x | 0.13x | 0.12x | 0.01x | 0.17x | 0.29x | 0.17x | 0.09x | 0.11x | 0.21x | 0.10x | 0.14x | 0.12x | 0.10x | 0.10x | 0.21x | 0.15x | 0.13x |
| Net Debt / EBITDA | -25.23x | -43.17x | -36.92x | -29.80x | -26.75x | -4.70x | -49.26x | -97.58x | -46.20x | -19.12x | -14.00x | -23.98x | -9.15x | -19.79x | -30.19x | -28.99x | -29.92x | -62.98x | -43.67x | -37.72x |
| Interest Coverage | 373.36x | -4136.45x | -90.36x | 12.23x | 3.26x | 227.42x | 306.32x | 66.91x | 11.99x | 57.76x | -0.47x | -48.70x | -21.70x | -30.80x | -54.51x | 152.18x | 90.08x | 71.53x | 40.84x | 51.86x |
| Total Equity | 377.63M | 376.79M | 393.27M | 417.01M | 416.83M | 415.9M | 404.93M | 395.22M | 390.08M | 391.76M | 385.71M | 388.77M | 391.28M | 402.75M | 383.55M | 420.98M | 403.18M | 384.97M | 365.38M | 358.57M |
| Equity Growth % | -9.4% | -9.4% | -2.88% | 5.51% | 6.86% | 6.16% | 4.98% | 1.66% | -0.3% | -2.73% | 0.56% | -7.65% | -2.95% | 4.62% | 4.97% | 17.4% | 16.25% | 14.8% | 10.07% | 9.81% |
| Book Value per Share | 7.73 | 7.71 | 8.05 | 8.54 | 8.53 | 8.52 | 8.29 | 8.09 | 7.99 | 8.03 | 7.90 | 7.96 | 8.02 | 8.25 | 7.86 | 8.62 | 8.26 | 7.89 | 7.49 | 7.35 |
| Total Shareholders' Equity | 359.33M | 358.77M | 375.38M | 397.58M | 397.64M | 396.9M | 386.04M | 373.09M | 368.13M | 369.81M | 364.24M | 367.66M | 370.29M | 382.15M | 363.17M | 398.04M | 380.43M | 362.47M | 342.89M | 336.3M |
| Common Stock | 6.11M | 6.11M | 6.11M | 6.11M | 6.11M | 6.11M | 6.11M | 6.11M | 6.1M | 6.1M | 6.1M | 6.1M | 6.1M | 6.1M | 6.1M | 6.1M | 6.1M | 6.1M | 6.1M | 6.1M |
| Retained Earnings | 248.84M | 249.38M | 284.75M | 307.28M | 311.33M | 315.06M | 302.42M | 291.32M | 287.39M | 284.46M | 280.3M | 283.78M | 290.31M | 300.44M | 309.92M | 339.33M | 312.49M | 297.35M | 285.36M | 277.97M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -194.97M | -196.07M | -214.83M | -215.16M | -218.89M | -223.36M | -221.59M | -223.43M | -224.24M | -219.62M | -221.03M | -221.1M | -224.37M | -222.99M | -251.79M | -246.32M | -238.37M | -240.76M | -248.87M | -248.08M |
| Minority Interest | 18.3M | 18.02M | 17.89M | 19.43M | 19.19M | 19M | 18.89M | 22.12M | 21.96M | 21.95M | 21.47M | 21.12M | 20.98M | 20.6M | 20.38M | 22.94M | 22.75M | 22.5M | 22.49M | 22.27M |