Company: NC
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000789933-25-000102
Chunk: 7

Company: NACCO INDUSTRIES INC
Filing Date: 2025-11-05
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

 SEPTEMBER 302025 DECEMBER 312024 (In thousands, except share data)ASSETS Cash and cash equivalents$52,657  $72,833 Trade accounts receivable30,889  49,706 Accounts receivable from affiliates4,295  5,793 Prepaid profit sharing9,580 — Deposits with vendors— 9,394 Inventories59,890  94,608 Assets held for sale15,359  14,159 Prepaid insurance8,003 1,740 Other current assets27,044  16,505 Total current assets207,717  264,738 Property, plant and equipment, net274,112  259,457 Intangibles, net4,901  5,475 Mining supplies inventory34,548 — Deferred income taxes21,126 14,641 Investments in unconsolidated subsidiaries18,560  14,137 Operating lease right-of-use assets8,469 9,661 Equity securities18,109 18,663 Equity method investment in Eiger Resources19,066 19,147 Other non-current assets31,025  25,768 Total assets$637,633  $631,687 LIABILITIES AND EQUITY Accounts payable$20,447  $17,721 Accounts payable to affiliates924  1,826 Current maturities of long-term debt4,644  4,179 Asset retirement obligations9,595  9,747 Accrued payroll17,810  22,663 Excess funding liability5,450 — Other current liabilities9,022  8,752 Total current liabilities67,892  64,888 Long-term debt25,518  25,335 Long-term revolving credit agreements50,000 70,000 Operating lease liabilities7,687 9,042 Asset retirement obligations38,707  39,780 Pension and other postretirement obligations4,483  4,787 Other long-term liabilities16,944  12,908 Total liabilities211,231