NLI Holdings (NL) Balance Sheet: Assets & Liabilities

NLI Holdings (NL) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), NLI Holdings reported total assets of $464.22M and total liabilities of $87.43M. Shareholders' equity was $358.77M, down 9.6% from $396.90M a year earlier. Total debt stood at $500.00K against $110.61M in cash and short-term investments, a net cash position of $110.11M. That puts debt-to-equity at 0.00, compared with 0.00 a year earlier.

NLI Holdings Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Balance sheet showing assets, liabilities, and shareholders' equity for NLI Holdings, Inc. (NL) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	110.62	163.15	111.52	68.87	147.00	137.04	129.73	116.26	98.32
Short-Term Investments	0.00	0.00	53.15	70.16	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	110.62	163.15	164.67	139.03	147.00	137.04	129.73	116.26	98.32
Accounts Receivable	13.84	23.74	17.73	17.87	15.61	11.46	12.51	27.51	12.44
Inventory	30.41	28.37	30.71	31.29	25.64	18.34	18.35	17.10	15.38
Other Current Assets	1.95	22.70	5.15	2.28	5.40	1.64	4.10	20.60	4.53
Total Current Assets	159.90	237.96	218.26	193.97	193.65	171.16	164.68	166.64	130.67
Non-Current Assets
Property, Plant & Equipment (Net)	23.71	24.03	25.86	28.69	29.18	28.95	31.02	32.03	32.53
Long-Term Investments	230.09	278.29	265.78	318.56	299.24	242.37	275.23	283.31	318.22
Goodwill	27.16	27.16	27.16	27.16	27.16	27.16	27.16	27.16	27.16
Other Non-Current Assets	0.93	10.83	39.60	41.49	46.93	49.01	59.41	2.21	-6.27
Total Non-Current Assets	304.32	340.30	358.40	415.90	402.50	376.99	392.81	380.60	420.95
Total Assets	464.22	578.26	576.66	609.87	596.15	548.15	557.49	547.24	551.62
Current Liabilities
Accounts Payable	2.70	3.76	3.78	4.20	3.41	3.34	3.44	5.40	4.12
Accrued Liabilities	3.45	12.03	13.18	13.39	13.50	11.03	-	-	-
Other Current Liabilities	2.07	87.30	26.67	14.46	27.18	13.08	26.30	75.88	15.44
Total Current Liabilities	20.58	91.06	30.45	32.05	30.60	27.51	29.81	81.32	19.58
Non-Current Liabilities
Long-Term Debt	0.50	0.50	0.50	0.50	0.50	0.50	0.50	0.50	0.50
Deferred Tax Liabilities	54.10	58.17	0.00	50.12	45.78	33.83	38.01	38.69	56.63
Other Non-Current Liabilities	0.97	12.62	153.95	174.57	134.30	143.59	161.96	161.86	178.45
Total Non-Current Liabilities	66.85	71.29	154.45	175.07	180.58	185.29	200.47	162.36	178.95
Total Liabilities	87.43	162.36	184.90	207.12	211.18	212.80	230.28	243.68	198.54
Stockholders' Equity
Common Stock	6.11	6.11	6.10	6.10	6.10	6.10	6.09	6.09	6.09
Retained Earnings	249.38	315.06	284.46	300.44	297.35	257.88	251.00	225.16	220.10
Accumulated Other Comprehensive Income	-196.07	-223.36	-219.62	-222.99	-240.76	-251.19	-251.69	-248.27	-191.74
Additional Paid-in Capital	299.35	299.10	298.87	298.60	299.78	299.09	299.10	301.14	300.87
Minority Interest	18.02	19.00	21.95	20.60	22.50	23.47	22.71	19.44	17.76
Shares Outstanding	48.85	48.85	48.83	48.82	48.79	-	-	-	-
Total Stockholders' Equity	358.77	396.90	369.81	402.75	362.47	335.35	304.51	284.12	335.32
Total Liabilities & Equity	464.22	578.26	576.66	609.87	596.15	548.15	557.49	547.24	551.62

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About NLI Holdings Balance Sheet

How much debt does NLI Holdings have?

NLI Holdings had total debt of $500.00K as of Dec 31, 2025, against $110.61M in cash and short-term investments. Its debt-to-equity ratio was 0.00. Total debt was $500.00K a year earlier.

What are NLI Holdings's total assets?

NLI Holdings reported total assets of $464.22M as of Dec 31, 2025, down 19.7% from $578.26M a year earlier. Total liabilities were $87.43M.

What is NLI Holdings's shareholders' equity?

NLI Holdings's shareholders' equity was $358.77M as of Dec 31, 2025, or about $7.34 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition