North American Construction Group Ltd. (NOA) 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 | 385.55M | 361.92M | 267.64M | 370.45M | 366.31M | 330.52M | 344.96M | 227.77M | 230.69M | 295.2M | 197.66M | 177.92M | 180.88M | 230.36M | 127.9M | 140.69M | 147.47M | 147.18M | 148.58M | 107.63M |
| Cash & Short-Term Investments | 121.44M | 100.05M | 72.98M | 79.03M | 78.24M | 77.88M | 77.67M | 49.94M | 59.13M | 88.61M | 40.44M | 21.75M | 15.66M | 69.14M | 16.75M | 11.72M | 20.12M | 16.6M | 15.02M | 16.79M |
| Cash Only | 121.44M | 100.05M | 72.98M | 79.03M | 78.24M | 77.88M | 77.67M | 49.94M | 59.13M | 88.61M | 40.44M | 21.75M | 15.66M | 69.14M | 16.75M | 11.72M | 20.12M | 16.6M | 15.02M | 16.79M |
| 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 | 182.45M | 179.25M | 135.06M | 210.98M | 206.53M | 170.21M | 174.31M | 113.5M | 113.92M | 132.88M | 92.05M | 89.6M | 102.04M | 99.61M | 70.91M | 77.07M | 68.41M | 78.55M | 76.94M | 54.28M |
| Days Sales Outstanding | 50.86 | 47.35 | 50.17 | 59.25 | 49.74 | 51.86 | 46.15 | 37.45 | 37.81 | 31.71 | 42.91 | 44.67 | 37.14 | 33.61 | 35.57 | 39.39 | 37.42 | 39.52 | 36.37 | 40.87 |
| Inventory | 74.77M | 75.6M | 53.3M | 74.22M | 74.24M | 74.08M | 77.15M | 50.7M | 50.84M | 64.96M | 57.09M | 56.17M | 53.26M | 49.9M | 31.9M | 47.4M | 54.03M | 44.54M | 49.35M | 28M |
| Days Inventory Outstanding | 24.37 | 22.21 | 21.93 | 23.72 | 22.03 | 26.39 | 26.52 | 20.45 | 21.64 | 21.52 | 30.93 | 28.68 | 22.84 | 19.72 | 21.87 | 29.66 | 28.66 | 27.35 | 24.67 | 18.12 |
| Other Current Assets | 6.89M | 7.03M | 6.31M | 683K | 782K | 683K | 7.36M | 13.63M | 6.79M | 1.34M | 501K | 869K | 373K | 1.12M | 8.33M | 43K | 294K | 660K | 723K | 4.12M |
| Total Non-Current Assets | 1.5B | 1.46B | 1.08B | 1.46B | 1.43B | 1.36B | 1.35B | 959.4M | 935.82M | 1.25B | 811.4M | 793.4M | 769.14M | 749.15M | 535M | 729.49M | 732.05M | 722.1M | 726.36M | 709.53M |
| Property, Plant & Equipment | 1.4B | 1.37B | 1B | 1.36B | 1.33B | 1.26B | 1.25B | 890.03M | 870.77M | 1.16B | 708.33M | 697.36M | 677.76M | 660.55M | 477.63M | 658.02M | 657.38M | 655.72M | 662.08M | 657.47M |
| Fixed Asset Turnover | 0.23x | 0.26x | 0.27x | 0.24x | 0.26x | 0.24x | 0.27x | 0.31x | 0.29x | 0.35x | 0.28x | 0.28x | 0.37x | 0.41x | 0.34x | 0.26x | 0.27x | 0.27x | 0.25x | 0.21x |
| Goodwill | 0 | 534.56K | 0 | 0 | 0 | 520K | 0 | 0 | 0 | 526K | 0 | 0 | 0 | 543K | 0 | 0 | 0 | 543K | 0 | 0 |
| Intangible Assets | 12.74M | 12.32M | 7.65M | 10.16M | 10.07M | 9.9M | 10.05M | 5.89M | 5.62M | 6.97M | 5.88M | 6.2M | 6.59M | 6.77M | 5.09M | 6.62M | 5.78M | 3.86M | 3.99M | 0 |
| Long-Term Investments | 75.01M | 70.83M | 61.29M | 79.18M | 86.34M | 84.69M | 85.19M | 59.34M | 54.99M | 81.44M | 85.71M | 82.98M | 76.7M | 75.64M | 50.12M | 59.76M | 60.48M | 55.97M | 52.94M | 43.09M |
| Other Non-Current Assets | 10.57M | 4.18M | 3.96M | 5.79M | 5.58M | 9.32M | 5.08M | 4.14M | 4.44M | 6.62M | 11.2M | 6.78M | 8.08M | 5.26M | 1.88M | 4.73M | 8.02M | 6M | 7.36M | 8.97M |
| Total Assets | 1.88B | 1.82B | 1.34B | 1.83B | 1.79B | 1.69B | 1.69B | 1.19B | 1.17B | 1.55B | 1.01B | 971.32M | 950.01M | 979.51M | 662.89M | 870.18M | 879.52M | 869.28M | 874.93M | 817.16M |
| Asset Turnover | 0.17x | 0.19x | 0.20x | 0.18x | 0.20x | 0.18x | 0.20x | 0.23x | 0.22x | 0.26x | 0.20x | 0.20x | 0.25x | 0.28x | 0.25x | 0.19x | 0.20x | 0.21x | 0.20x | 0.17x |
| Asset Growth % | 4.86% | 7.32% | -20.67% | 53.91% | 53.83% | 9.56% | 67.89% | 22.22% | 22.79% | 57.88% | 52.22% | 11.62% | 8.02% | 12.68% | -24.24% | 6.49% | 4.51% | 31.99% | 3.66% | 0.08% |
| Total Current Liabilities | 345.99M | 410.52M | 293.27M | 394.5M | 396.8M | 315.86M | 305.07M | 221.28M | 221.62M | 324.02M | 158.38M | 148.44M | 157.71M | 192.3M | 110.94M | 141.07M | 138.91M | 161.03M | 145.8M | 109.11M |
| Accounts Payable | 103.65M | 101.97M | 88.1M | 143.04M | 138.7M | 110.75M | 123.11M | 87.5M | 91.55M | 146.19M | 76.17M | 80.95M | 81.38M | 102.55M | 61.5M | 73.64M | 65.06M | 76.25M | 70.79M | 46.52M |
| Days Payables Outstanding | 33.32 | 32.74 | 39.74 | 45.01 | 37.05 | 40.81 | 43.69 | 36.05 | 44.42 | 39.21 | 42.91 | 42.55 | 40.73 | 39.55 | 37.27 | 40.56 | 41.09 | 42.83 | 37.41 | 34.94 |
| Short-Term Debt | 97.89M | 161.92M | 110.58M | 149.54M | 150.3M | 92.49M | 94.48M | 68.42M | 63.54M | 92.69M | 39.36M | 42.32M | 42.82M | 42.09M | 32.38M | 20.57M | 19.89M | 19.69M | 19.54M | 18.27M |
| Deferred Revenue (Current) | 15.15M | 22.83M | 16.43M | 6.44M | 6.73M | 1.94M | 300K | 6.58K | 1.01M | 59K | 69K | 0 | 4K | 1.41M | 113.45K | 519K | 1.65M | 3.35M | 1.89M | 1.27M |
| Other Current Liabilities | 129.3M | 65.33M | 78.16M | 33.02M | 40.14M | 39.29M | 37.6M | 65.36M | 65.52M | 22.5M | 0 | 0 | 0 | 0 | 16.94M | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 1.11x | 0.88x | 0.91x | 0.94x | 0.92x | 1.05x | 1.13x | 1.03x | 1.04x | 0.91x | 1.25x | 1.20x | 1.15x | 1.20x | 1.15x | 1.00x | 1.06x | 0.91x | 1.02x | 0.99x |
| Quick Ratio | 0.90x | 0.70x | 0.73x | 0.75x | 0.74x | 0.81x | 0.88x | 0.80x | 0.81x | 0.71x | 0.89x | 0.82x | 0.81x | 0.94x | 0.87x | 0.66x | 0.67x | 0.64x | 0.68x | 0.73x |
| Cash Conversion Cycle | 41.9 | 36.81 | 32.36 | 37.95 | 34.72 | 37.44 | 28.99 | 21.84 | 15.03 | 14.02 | 30.93 | 30.81 | 19.26 | 13.78 | 20.17 | 28.49 | 24.99 | 24.04 | 23.63 | 24.05 |
| Total Non-Current Liabilities | 1.06B | 951.5M | 712.48M | 972.5M | 935.75M | 989.5M | 997.15M | 688.5M | 674.75M | 865.8M | 511.05M | 486.26M | 466.08M | 481.29M | 348.86M | 450.24M | 450.67M | 429.78M | 466.11M | 453.73M |
| Long-Term Debt | 854.83M | 749.22M | 536.27M | 723.06M | 663.62M | 719.4M | 723.49M | 505.75M | 483.49M | 611.31M | 392.65M | 369.74M | 352.72M | 378.45M | 262.48M | 328.49M | 321.17M | 306.03M | 337.61M | 323.23M |
| Capital Lease Obligations | 9.48M | 9.69M | 7.12M | 10.28M | 10.61M | 11.44M | 12.01M | 9.28M | 9.5M | 11.31M | 60.22M | 65.34M | 64.1M | 12.38M | 24.87M | 79.81M | 86.43M | 41.15M | 99.99M | 53.49M |
| Deferred Tax Liabilities | 146.45M | 141.17M | 99.85M | 132.43M | 127.61M | 125.38M | 118.13M | 83.16M | 80.21M | 108.82M | 80.71M | 80.27M | 79.03M | 71.89M | 47.12M | 60.93M | 59.71M | 56.2M | 54.01M | 52.2M |
| Other Non-Current Liabilities | 49.79M | 49.59M | 69.23M | 106.73M | 133.9M | 114.26M | 143.52M | 90.3M | 101.56M | 118.24M | -22.54M | -29.09M | -29.77M | 17.09M | 14.39M | -18.98M | -16.64M | 23.45M | -25.51M | 24.81M |
| Total Liabilities | 1.41B | 1.36B | 1.01B | 1.37B | 1.33B | 1.31B | 1.3B | 909.78M | 896.37M | 1.19B | 669.43M | 634.69M | 623.8M | 673.59M | 459.8M | 591.32M | 589.57M | 590.82M | 611.91M | 562.84M |
| Total Debt | 962.2M | 920.83M | 653.98M | 884.37M | 826.01M | 825.1M | 831.83M | 583.45M | 556.52M | 717.05M | 493.99M | 479.34M | 462.19M | 435.39M | 319.73M | 455.71M | 455.98M | 395.23M | 486.89M | 425.65M |
| Net Debt | 840.75M | 820.78M | 581M | 805.34M | 747.77M | 747.23M | 754.16M | 533.52M | 497.4M | 628.44M | 453.55M | 457.59M | 446.54M | 366.24M | 302.97M | 443.99M | 435.86M | 378.63M | 471.87M | 408.86M |
| Debt / Equity | 2.02x | 2.02x | 1.93x | 1.92x | 1.79x | 2.12x | 2.12x | 2.10x | 2.06x | 2.01x | 1.45x | 1.42x | 1.42x | 1.42x | 1.57x | 1.63x | 1.57x | 1.42x | 1.85x | 1.67x |
| Debt / EBITDA | 12.24x | 12.41x | 7.67x | 11.44x | 9.05x | 12.26x | 9.03x | 7.07x | 6.45x | 8.17x | 11.56x | 13.82x | 7.44x | 6.46x | 7.26x | 13.96x | 9.84x | 8.50x | 13.60x | 15.45x |
| Net Debt / EBITDA | 10.70x | 11.06x | 6.82x | 10.42x | 8.19x | 11.10x | 8.18x | 6.46x | 5.76x | 7.16x | 10.61x | 13.19x | 7.19x | 5.43x | 6.88x | 13.60x | 9.41x | 8.14x | 13.18x | 14.84x |
| Interest Coverage | 1.31x | 1.32x | 2.62x | 2.19x | 1.80x | 1.32x | 2.33x | 2.46x | 2.68x | 3.96x | 3.50x | 3.78x | 6.89x | 7.06x | 6.68x | 3.32x | 5.80x | 5.31x | 5.47x | 1.79x |
| Total Equity | 475.19M | 456.25M | 338.24M | 460.22M | 461.93M | 388.9M | 391.91M | 277.4M | 270.14M | 356.65M | 339.64M | 336.62M | 326.22M | 305.92M | 203.09M | 278.87M | 289.95M | 278.46M | 263.02M | 254.32M |
| Equity Growth % | 2.87% | 17.32% | -13.69% | 65.91% | 71% | 9.04% | 15.39% | -17.59% | -17.19% | 16.58% | 67.23% | 20.71% | 12.51% | 9.86% | -22.79% | 9.65% | 15.11% | 42.79% | 10.36% | 8.56% |
| Book Value per Share | 16.67 | 16.16 | 10.48 | 14.13 | 16.00 | 11.75 | 11.84 | 8.40 | 8.18 | 10.80 | 10.29 | 10.20 | 9.90 | 9.17 | 6.09 | 9.44 | 8.26 | 7.93 | 7.47 | 8.47 |
| Total Shareholders' Equity | 475.19M | 456.25M | 338.24M | 460.22M | 461.93M | 388.9M | 391.91M | 277.4M | 270.14M | 356.65M | 339.64M | 336.62M | 326.22M | 305.92M | 203.09M | 278.87M | 289.95M | 278.46M | 263.02M | 254.32M |
| Common Stock | 278.47M | 282.73M | 207.16M | 295.07M | 298.86M | 228.96M | 229.46M | 167.66M | 169.38M | 229.46M | 229.46M | 229.46M | 229.46M | 229.46M | 165.8M | 237.9M | 246.55M | 246.94M | 246.81M | 246.81M |
| Retained Earnings | 177.64M | 176.32M | 128.96M | 165.7M | 158.88M | 156.13M | 154.4M | 104.53M | 97.24M | 123.03M | 108.06M | 99.35M | 89.73M | 70.5M | 33.59M | 28.4M | 23.14M | 11.86M | -2.31M | -15.14M |
| Treasury Stock | -15.14M | -14.98M | -10.59M | -16.16M | -16.04M | -15.91M | -15.81M | -11.98M | -12.02M | -16.16M | -16.05M | -16.7M | -16.55M | -16.44M | -11.8M | -18M | -17.87M | -17.8M | -17.73M | -18.16M |
| Accumulated OCI | 34.21M | 9.38M | 7.16M | -1.18M | -624K | -1.09M | 1.35M | 168.79K | -812.02K | -407K | -1.16M | -56K | 361K | 306K | 289.04K | 18K | -7K | 2K | -6K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |