Company: NC
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000789933-25-000041
Chunk: 7

Company: NACCO INDUSTRIES INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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Item 1. Financial Statements

NACCO INDUSTRIES, INC. AND SUBSIDIARIES 

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

 JUNE 302025 DECEMBER 312024 (In thousands, except share data)ASSETS Cash and cash equivalents$49,402  $72,833 Trade accounts receivable38,861  49,706 Accounts receivable from affiliates9,135  5,793 Prepaid profit sharing12,041 — Deposits with vendors16,293 9,394 Inventories58,569  94,608 Assets held for sale17,022  14,159 Prepaid insurance11,193 1,740 Other current assets14,792  16,505 Total current assets227,308  264,738 Property, plant and equipment, net256,762  259,457 Intangibles, net5,068  5,475 Mining supplies inventory33,674 — Deferred income taxes18,404 14,641 Investments in unconsolidated subsidiaries16,093  14,137 Operating lease right-of-use assets8,869 9,661 Equity securities17,769 18,663 Equity method investment in Eiger, LLC18,954 19,147 Other non-current assets28,411  25,768 Total assets$631,312  $631,687 LIABILITIES AND EQUITY Accounts payable$14,935  $17,721 Accounts payable to affiliates8  1,826 Current maturities of long-term debt4,631  4,179 Asset retirement obligations9,646  9,747 Accrued payroll14,177  22,663 Excess funding liability5,450 — Other current liabilities9,347  8,752 Total current liabilities58,194  64,888 Long-term debt25,875  25,335 Long-term revolving credit agreements65,000 70,000 Operating lease liabilities8,152 9,042 Asset retirement obligations40,382  39,780 Pension and other postretirement obligations4,614  4,787 Other long-term liabilities15,975  12,908 Total liabilities218,