National Research Corporation (NRC)

National Research Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2.5	4.23	6.65	25.03	54.36	34.69
Cash & Short-Term Investments	2.5	4.23	6.65	25.03	54.36	34.69
Cash Growth	47.26%	-36.38%	-73.42%	-53.96%	56.71%	156.64%
Accounts Receivable	11.33	11.24	12.46	14.56	13.83	14.23
Other Receivables	-	0.14	0.16	0.73	0.75	1.24
Receivables	11.33	11.38	12.62	15.3	14.58	15.47
Prepaid Expenses	-	3.48	4.23	2.39	3.88	2.65
Other Current Assets	6.57	0.51	0.86	1.01	0.88	1.31
Total Current Assets	20.4	19.6	24.36	43.72	73.71	54.11
Property, Plant & Equipment	40.39	39.9	30.27	17.8	13.37	13.03
Long-Term Investments	-	1.3	1.3	-	1.3	-
Goodwill	66.15	66.15	61.61	61.61	61.61	57.26
Other Intangible Assets	-	2.62	1.47	1.61	1.79	1.41
Long-Term Deferred Tax Assets	-	-	-	0.01	0.01	-
Long-Term Deferred Charges	-	1.56	1.45	2.44	3.77	4.56
Other Long-Term Assets	8.23	1.41	1.97	3.26	1.98	3.06
Total Assets	135.18	132.54	122.44	130.46	157.54	133.42
Accounts Payable	6.74	1.19	1.3	1.15	1.94	1.1
Accrued Expenses	4.92	9.87	8.85	8.53	12.59	9.64
Current Portion of Long-Term Debt	3.04	4.79	7.21	4.49	4.28	4.06
Current Portion of Leases	1.34	0.56	0.6	0.83	0.96	0.95
Current Income Taxes Payable	-	0.35	0.22	-	-	-
Current Unearned Revenue	15.51	15.79	14.83	15.2	17.21	15.59
Other Current Liabilities	2.74	3.31	3.18	3.21	3.4	0.34
Total Current Liabilities	37.77	35.86	36.2	33.42	40.39	31.68
Long-Term Debt	58.67	57.9	29.47	17.69	22.27	26.55
Long-Term Leases	-	1.17	1.67	0.37	1.17	1.67
Long-Term Deferred Tax Liabilities	-	3.53	4.14	5.27	7	7.27
Other Long-Term Liabilities	9.06	2.81	2	1.68	1.38	1.94
Total Liabilities	105.5	101.26	73.48	58.43	72.2	69.11
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	180.55	180.25	178.21	175.45	173.94	171.79
Retained Earnings	-14.01	-17.06	-30.53	-25.18	-36.11	-61.38
Treasury Stock	-136.9	-131.93	-98.76	-78.27	-50.15	-43.73
Comprehensive Income & Other	-	-	-	-	-2.38	-2.4
Shareholders' Equity	29.67	31.28	48.96	72.03	85.34	64.32
Total Liabilities & Equity	135.18	132.54	122.44	130.46	157.54	133.42
Total Debt	66.54	64.41	38.96	23.39	28.68	33.24
Net Cash (Debt)	-64.04	-60.18	-32.3	1.64	25.68	1.45
Net Cash Growth	-	-	-	-93.61%	1666.37%	-
Net Cash Per Share	-2.73	-2.53	-1.31	0.07	1.00	0.06
Filing Date Shares Outstanding	22.79	22.95	23.85	24.58	24.39	25.41
Total Common Shares Outstanding	22.79	23.08	24.21	24.62	24.55	25.38
Working Capital	-17.37	-16.26	-11.84	10.3	33.32	22.43
Book Value Per Share	1.30	1.36	2.02	2.93	3.48	2.53
Tangible Book Value	-36.48	-37.48	-14.13	8.81	21.93	5.65
Tangible Book Value Per Share	-1.60	-1.62	-0.58	0.36	0.89	0.22
Land	-	0.43	0.43	0.43	0.43	0.43
Buildings	-	33.39	22.43	12.56	9.27	7.52
Machinery	-	4.89	5.61	5.69	5.87	5.77

Updated Apr 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q