Northern Dynasty Minerals Ltd. (NAK) 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 | 54.18M | 56.84M | 45.5M | 26.24M | 13.51M | 18.05M | 22.39M | 12.97M | 17.15M | 21.13M | 4.78M | 13.27M | 11.52M | 16.84M | 27.96M | 13.41M | 19.34M | 24.16M | 30.47M | 37.91M |
| Cash & Short-Term Investments | 52.63M | 54.73M | 44.85M | 25.16M | 11.81M | 16.14M | 21.84M | 11.72M | 15.18M | 18.2M | 1.38M | 3.42M | 9.44M | 14.17M | 24.51M | 12.92M | 17.93M | 22.29M | 28.04M | 37.08M |
| Cash Only | 52.63M | 54.73M | 44.85M | 25.16M | 11.81M | 16.14M | 21.84M | 11.72M | 15.18M | 18.2M | 1.38M | 3.42M | 9.44M | 14.17M | 24.51M | 12.92M | 17.93M | 22.29M | 28.04M | 37.08M |
| 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 | 128.33K | 119K | 133K | 113K | 183K | 152K | 182K | 137K | 144K | 0 | 0 | 0 | 193K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 675K | 2.97M | 8.58M | 0 | 130K | 0 | 121K | 486K | 516K | 184K | 477K |
| Total Non-Current Assets | 65.16M | 64.14M | 81.8M | 96.3M | 119.11M | 119.11M | 112M | 126.98M | 125.4M | 122.72M | 128.54M | 125.43M | 128.02M | 128.38M | 131.09M | 137.5M | 133.63M | 135.12M | 135.63M | 132.4M |
| Property, Plant & Equipment | 64.16M | 63.17M | 80.82M | 95.35M | 118.12M | 118.13M | 111.08M | 126.06M | 124.5M | 121.85M | 127.66M | 124.58M | 127.16M | 127.53M | 130.23M | 136.7M | 132.86M | 134.34M | 134.85M | 131.63M |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | 1M | 0 | 982.39K | 0 | 0 | 0 | 0 | 0 | 0 | 872K | 0 | 0 | 0 | 0 | 863K | 0 | 777K | 785K | 0 | 0 |
| Other Non-Current Assets | 0 | 976K | -1.39K | 949K | 992K | 984K | 924K | 923K | 902K | 0 | 883K | 851K | 859K | 852K | 0 | 800K | 0 | 0 | 788K | 770K |
| Total Assets | 119.34M | 120.98M | 127.29M | 122.55M | 132.62M | 137.16M | 134.39M | 139.95M | 142.55M | 143.85M | 133.31M | 138.7M | 139.54M | 145.22M | 159.06M | 150.91M | 152.98M | 159.28M | 166.1M | 170.31M |
| Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Asset Growth % | -10.01% | -11.79% | -5.28% | -12.44% | -6.97% | -4.65% | 0.8% | 0.9% | 2.16% | -0.94% | -16.18% | -8.09% | -8.79% | -8.83% | -4.24% | -11.39% | -11.61% | -11.69% | -19.89% | 5.63% |
| Total Current Liabilities | 76.55M | 102.9M | 66.49M | 82.15M | 75.22M | 39.41M | 21.44M | 21.3M | 21.55M | 20.23M | 6.47M | 11M | 3.42M | 2.07M | 6.27M | 2.29M | 2.04M | 2.42M | 5.57M | 6.12M |
| Accounts Payable | 1.31M | 718K | 2.6M | 1.62M | 1.85M | 917K | 1.09M | 1.47M | 1.57M | 929K | 3.13M | 2.12M | 2.88M | 1.68M | 5.8M | 1.84M | 1.41M | 1.92M | 4.94M | 5.61M |
| Days Payables Outstanding | 2.16K | 5.66K | - | 5.12K | 4.45K | 3.42K | 4.53K | 4.86K | 3.76K | 6.03K | 7.99K | 8.74K | 8.56K | 5.56K | 9.01K | 3.12K | 3.13K | 6.65K | 6.99K | 6.15K |
| Short-Term Debt | 73.63M | 2.65M | 2.57M | 2.81M | 2.85M | 2.75M | 2.49M | 2.43M | 2.32M | 2.2M | 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 | -178.49K | 97.8M | 61.14M | 76.91M | 69.78M | 35.3M | 17.57M | 16.83M | 17.05M | 16.69M | 2.89M | 8.45M | 0 | 0 | 327K | 0 | 508K | 376K | 0 | 0 |
| Current Ratio | 0.71x | 0.55x | 0.68x | 0.32x | 0.18x | 0.46x | 1.04x | 0.61x | 0.80x | 1.04x | 0.74x | 1.21x | 3.37x | 8.13x | 4.46x | 5.85x | 9.46x | 9.97x | 5.47x | 6.19x |
| Quick Ratio | 0.71x | 0.55x | 0.68x | 0.32x | 0.18x | 0.46x | 1.04x | 0.61x | 0.80x | 1.04x | 0.74x | 1.21x | 3.37x | 8.13x | 4.46x | 5.85x | 9.46x | 9.97x | 5.47x | 6.19x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 318.82K | 358K | 407K | 441K | 507K | 548K | 522K | 323K | 333K | 338K | 359K | 385K | 423K | 463K | 1.39M | 1.32M | 1.32M | 1.36M | 596K | 402K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 318.82K | 358K | 407K | 441K | 507K | 548K | 522K | 323K | 333K | 338K | 359K | 385K | 423K | 463K | 507K | 506K | 524K | 561K | 596K | 402K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 879K | 819K | 795K | 804K | 0 | 0 |
| Total Liabilities | 76.87M | 103.26M | 66.9M | 82.59M | 75.73M | 39.96M | 21.96M | 21.62M | 21.88M | 20.56M | 6.83M | 11.39M | 3.84M | 2.53M | 7.66M | 3.62M | 3.36M | 3.79M | 6.17M | 6.52M |
| Total Debt | 73.95M | 3.18M | 3.15M | 3.42M | 3.53M | 3.47M | 3.15M | 3.13M | 2.75M | 2.66M | 515K | 542K | 573K | 613K | 650K | 638K | 650K | 687K | 718K | 475K |
| Net Debt | 21.32M | -51.55M | -41.7M | -21.74M | -8.28M | -12.67M | -18.69M | -8.59M | -12.43M | -15.54M | -868K | -2.88M | -8.87M | -13.56M | -23.86M | -12.28M | -17.27M | -21.6M | -27.32M | -36.6M |
| Debt / Equity | 1.74x | 0.18x | 0.05x | 0.09x | 0.06x | 0.04x | 0.03x | 0.03x | 0.02x | 0.02x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -28.76x | -154.22x | -50.09x | -36.25x | -175.31x | -97.02x | -21.00x | -12.44x | -20.64x | -95.13x | -219.31x | -442.43x | -469.67x | -271.34x | -334.16x | -281.86x | -208.97x | -180.74x | -401.01x | -744.08x |
| Total Equity | 42.48M | 17.73M | 60.4M | 39.95M | 56.89M | 97.2M | 112.43M | 118.33M | 120.67M | 123.28M | 126.48M | 127.31M | 135.7M | 142.69M | 151.4M | 147.29M | 149.61M | 155.49M | 159.93M | 163.78M |
| Equity Growth % | -25.34% | -81.76% | -46.28% | -66.24% | -52.86% | -21.16% | -11.11% | -7.05% | -11.07% | -13.6% | -16.46% | -13.56% | -9.3% | -8.24% | -5.34% | -10.07% | -8.96% | -9.76% | -15.63% | 11.53% |
| Book Value per Share | 0.07 | 0.03 | 0.11 | 0.07 | 0.11 | 0.18 | 0.21 | 0.22 | 0.22 | 0.23 | 0.24 | 0.24 | 0.26 | 0.27 | 0.29 | 0.28 | 0.28 | 0.29 | 0.30 | 0.32 |
| Total Shareholders' Equity | 42.48M | 17.73M | 60.4M | 39.95M | 56.89M | 97.2M | 112.43M | 118.33M | 120.67M | 123.28M | 126.48M | 127.31M | 135.7M | 142.69M | 151.4M | 147.29M | 149.61M | 155.49M | 159.93M | 163.78M |
| Common Stock | 746.28M | 740.75M | 736.84M | 705.08M | 703.3M | 702.75M | 702.71M | 702.71M | 702.71M | 702.95M | 700.38M | 700.28M | 700.28M | 700.28M | 700.28M | 700.28M | 700.28M | 700.28M | 700.26M | 698.02M |
| Retained Earnings | -818.22M | -837.24M | -793.12M | -785.18M | -773.24M | -732.87M | -710.33M | -705.71M | -702.05M | -696.96M | -693.42M | -689.23M | -683.02M | -675.96M | -669.59M | -662.17M | -655.98M | -651.52M | -647.39M | -638.72M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 114.41M | 114.22M | 116.68M | 120.05M | 126.83M | 127.31M | 120.04M | 121.33M | 120.01M | 117.29M | 119.53M | 116.26M | 37.73M | 118.37M | 120.71M | 109.18M | 105.32M | 106.73M | 107.06M | 104.48M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |