Can Northwest Natural cover its short-term obligations?

Its current ratio is 0.80 — current liabilities exceed current assets.

Where does Northwest Natural's balance sheet data come from?

Every line is extracted from Northwest Natural's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Northwest Natural NWN Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$40.37M-1.7%	$41.08M+14.6%	$35.83M-65.1%	$102.58M-4.1%	$106.99M+123%
Restricted cash	$5.43M+23.2%	$4.4M+21.4%	$3.63M—	——	$6.94M-26.9%
Accounts receivable, net	$150.55M+23.5%	$121.88M+72.9%	$70.51M-10.6%	$78.87M-49.0%	$154.75M+24.3%
Prepaid expenses and other current assets	$57.9M-23.7%	$75.85M+79.7%	$42.2M+20.2%	$35.1M-24.2%	$46.28M-23.1%
Derivative assets	$2.72M-30.7%	$3.92M-22.0%	$5.03M-30.2%	$7.21M+65.3%	$4.36M-34.2%
Total current assets	$584.12M-3.1%	$602.93M+38.4%	$435.56M-6.6%	$466.12M-13.7%	$539.9M-3.2%
Property and equipment, net	$4.42B+1.6%	$4.35B+2.5%	$4.25B+2.4%	$4.15B+3.6%	$4B+9.0%
Accumulated depreciation	$1.3B+1.0%	$1.29B+0.3%	$1.28B+1.2%	$1.27B+0.2%	$1.27B+1.6%
Operating lease right-of-use assets	$68.11M-0.2%	$68.22M-1.2%	$69.07M-0.7%	$69.56M-1.3%	$70.46M+2.7%
Goodwill	$371.26M+0.1%	$370.82M-0.1%	$371.04M0.0%	$370.89M+4.6%	$354.53M+92.9%
Deferred tax assets	$467.13M+6.8%	$437.47M+5.6%	$414.23M-3.0%	$426.83M+0.6%	$424.34M+6.8%
Other non-current assets	$69.44M-13.9%	$80.68M+6,567%	$1.21M-98.5%	$82.22M-0.5%	$82.66M+0.5%
Regulatory assets	$146.55M+1.9%	$143.75M+2.3%	$140.5M+35.2%	$103.91M+17.3%	$88.62M-31.9%
Total noncurrent assets	$5.83B+4.9%	$5.56B+2.7%	$5.42B+1.8%	$5.32B+3.0%	$5.17B+10.5%
Total assets	$6.42B+4.1%	$6.17B+5.4%	$5.85B+1.2%	$5.79B+1.4%	$5.71B+9.0%
Accounts payable	$124.84M-28.9%	$175.57M+34.5%	$130.51M+11.7%	$116.82M-12.0%	$132.81M-0.3%
Accrued expenses	$75.23M-5.0%	$79.19M+17.5%	$67.4M-6.2%	$71.9M-13.3%	$82.96M-4.8%
Deferred revenue	$112.3M—	——	$120.1M—	——	——
Current portion of long-term debt	$171.28M-0.4%	$171.99M-12.0%	$195.49M+24.2%	$157.4M+94.1%	$81.1M-52.3%
Operating lease liabilities, current	$3.27M+1.3%	$3.23M+23.7%	$2.61M+5.0%	$2.49M-6.6%	$2.66M+44.7%
Short-term borrowings	$171.28M-0.4%	$171.99M-12.0%	$195.49M+24.2%	$157.4M+94.1%	$81.1M-52.3%
Income taxes payable	$17.2M-5.1%	$18.12M-11.1%	$20.38M+76.7%	$11.53M-52.2%	$24.12M+49.1%
Accrued interest	$22.04M-15.6%	$26.12M+55.1%	$16.84M-33.4%	$25.28M+55.1%	$16.3M-10.6%
Derivative liabilities	$200K—	——	$200K—	——	——
Total current liabilities	$730.53M-12.7%	$836.45M+12.6%	$742.78M+8.6%	$683.87M+33.1%	$513.96M-20.8%
Long-term debt	$2.27B0.0%	$2.27B+6.8%	$2.13B+2.0%	$2.09B-4.9%	$2.19B+30.6%
Operating lease liabilities, non-current	$74.92M-0.1%	$74.99M-1.8%	$76.37M-0.5%	$76.75M-0.6%	$77.23M+1.7%
Other non-current liabilities	$408.37M+119%	$186.28M+1.4%	$183.64M+0.3%	$183.11M+4.1%	$175.92M+1.3%
Regulatory liabilities	$113.91M-17.4%	$137.97M-2.4%	$141.36M+8.0%	$130.94M+17.9%	$111.05M-4.4%
Common stock	100M0.0%	100M0.0%	100M0.0%	100M0.0%	100M-89.9%
Retained earnings	$512.21M+17.5%	$435.82M+9.4%	$398.55M-11.1%	$448.52M-4.7%	$470.8M+16.8%
Accumulated other comprehensive income (loss)	-$4.63M+2.5%	-$4.75M+27.2%	-$6.52M+2.4%	-$6.68M+2.5%	-$6.86M+0.7%
Total stockholders' equity	$1.58B+6.9%	$1.48B+2.9%	$1.43B-1.7%	$1.46B+0.2%	$1.46B+5.1%
Total liabilities and stockholders' equity	$6.42B+4.1%	$6.17B+5.4%	$5.85B+1.2%	$5.79B+1.4%	$5.71B+9.0%
Allowance for Credit Losses - Receivable (Current)	$0—	——	$0—	——	——
Allowance for Doubtful Accounts	$4.51M+10.9%	$4.07M+55.4%	$2.62M-18.4%	$3.21M-27.5%	$4.43M+27.4%
Allowance for Doubtful Accounts Receivable (Current)	$4.51M+10.9%	$4.07M+55.4%	$2.62M-18.4%	$3.21M-27.5%	$4.43M+27.4%
Natural gas cost under recovery	$2.6M0.0%	$2.6M0.0%	$2.6M—	——	$2.7M0.0%
Derivatives	$2.72M-30.7%	$3.92M-22.0%	$5.03M-30.2%	$7.21M+65.3%	$4.36M-34.2%
Other current assets	$57.9M-23.7%	$75.85M+79.7%	$42.2M+20.2%	$35.1M-24.2%	$46.28M-23.1%
Inventory	$134.75M+5.5%	$127.7M+7.7%	$118.59M+4.3%	$113.72M+25.9%	$90.33M-15.5%
Derivative Assets, Current	$2.72M-30.7%	$3.92M-22.0%	$5.03M-30.2%	$7.21M+65.3%	$4.36M-34.2%
Net Derivative Assets/(Liabilities) After Master Netting	-$56.2M+23.3%	-$73.3M-34.5%	-$54.5M—	——	-$29.1M+64.3%
Unbilled Revenue	$61.24M-37.0%	$97.24M+234%	$29.15M+4.3%	$27.94M-53.4%	$59.94M-36.5%
Deferred Tax Assets and Other Non-Current Assets	$146.11M-0.2%	$146.35M-2.5%	$150.1M-0.6%	$151.02M-6.1%	$160.75M-0.1%
Derivative Assets, Non-Current	$459K+25.4%	$366K-85.1%	$2.46M-39.8%	$4.08M+372%	$864K+61.5%
Net Investment in Lease	$68.11M-0.2%	$68.22M+5,538%	$1.21M-98.3%	$69.56M-1.3%	$70.46M+2.7%
Operating lease right-of-use assets	$68.11M-0.2%	$68.22M-1.2%	$69.07M-0.7%	$69.56M-1.3%	$70.46M+2.7%
Other non-current assets	$146.11M-0.2%	$146.35M-2.5%	$150.1M-0.6%	$151.02M-6.1%	$160.75M-0.1%
Strategic investments	$69.44M-13.9%	$80.68M-0.5%	$81.11M-1.4%	$82.22M-0.5%	$82.66M+0.5%
Property, plant and equipment at cost	$5.72B+1.5%	$5.64B+2.0%	$5.53B+2.1%	$5.42B+2.8%	$5.27B+7.1%
Operating Lease Right-of-Use Assets in Other Assets	$68.11M-0.2%	$68.22M-1.2%	$69.07M-0.7%	$69.56M-1.3%	$70.46M+2.7%
Software and Technology Licenses, Net	$146.11M-0.2%	$146.35M-2.5%	$150.1M-0.6%	$151.02M-6.1%	$160.75M-0.1%
Accrued Environmental Liabilities	$37.24M-14.9%	$43.75M+45.6%	$30.04M—	——	$35.45M-13.9%
Accrued Income Taxes, Current	$17.2M-5.1%	$18.12M-11.1%	$20.38M+76.7%	$11.53M-52.2%	$24.12M+49.1%
Derivative Liability, Current	$42.1M-33.8%	$63.63M+21.1%	$52.55M+102%	$25.98M-0.6%	$26.12M-65.3%
Other accrued liabilities	$75.23M-5.0%	$79.19M+17.5%	$67.4M-6.2%	$71.9M-13.3%	$82.96M-4.8%
Derivative Liabilities - Fair Value	$42.1M-33.8%	$63.63M+21.1%	$52.55M+102%	$25.98M-0.6%	$26.12M-65.3%
Accrued Environmental Liabilities (Non-Current)	$330.87M+180%	$118.27M+2.3%	$115.58M—	——	$117.27M-1.3%
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$15.5M-2.5%	$15.9M+5.3%	$15.1M—	——	$14.4M+35.8%
Deferred Credits	$1.84B+16.2%	$1.58B+2.2%	$1.55B-0.5%	$1.56B+0.9%	$1.54B+1.5%
Deferred Tax and Other Liabilities (Non-Current)	$1.84B+16.2%	$1.58B+2.2%	$1.55B-0.5%	$1.56B+0.9%	$1.54B+1.5%
Defined Benefit Pension Plan Liabilities (Non-Current)	$108.93M-2.9%	$112.14M-8.2%	$122.12M-2.3%	$125.02M-2.2%	$127.85M-2.0%
Derivative Liabilities (Non-Current)	$17.32M+23.4%	$14.04M+48.1%	$9.48M+19.9%	$7.91M-3.8%	$8.22M-38.2%
Retirement and nonpension postretirement benefit obligations	$108.93M-2.9%	$112.14M-8.2%	$122.12M-2.3%	$125.02M-2.2%	$127.85M-2.0%
Total debt	$2.52B0.0%	$2.52B+5.0%	$2.4B+3.4%	$2.32B-1.3%	$2.35B+22.1%
Total Carrying Value of Debt	$2.45B0.0%	$2.45B+8.4%	$2.26B—	——	$2.24B+30.4%
AOCI - Cash Flow Hedge Adjustment	$0—	——	$0—	——	$0-100%
Common Stock Shares Issued	42.1M+1.2%	41.6M+0.1%	41.5M+1.5%	40.9M+1.5%	40.3M+0.2%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$1.07B+2.4%	$1.04B+0.2%	$1.04B+2.4%	$1.02B+2.5%	$992.28M+0.3%
AOCI - Cash Flow Hedge Reclassification (Next 12 Months)	$0—	——	$0—	——	$0-100%
Cumulative Cost Basis	$5.72B+1.5%	$5.64B+2.0%	$5.53B+2.1%	$5.42B+2.8%	$5.27B+7.1%
Accrued Environmental Loss Contingencies, Current	$37.24M-14.9%	$43.75M+45.6%	$30.04M—	——	$35.45M-13.9%
Allowance for doubtful accounts	$4.51M+10.9%	$4.07M+55.4%	$2.62M-18.4%	$3.21M-27.5%	$4.43M+27.4%
CCI deferred costs	$51.8M—	——	$43.3M—	——	$36M—
Number of production facilities	2—	——	——	——	——
Common stock, no par value (in dollars per share)	$0.00—	$0.00—	$0.00—	$0.00—	$0.00—
Common stock, shares authorized (in shares)	$100M0.0%	$100M0.0%	$100M0.0%	$100M0.0%	$100M0.0%
Common stock, shares issued (in shares)	$42.08M+1.2%	$41.56M+0.1%	$41.51M+1.5%	$40.91M+1.5%	$40.31M+0.2%
Common Stock, Shares, Outstanding	$42.08M+1.2%	$41.56M+0.1%	$41.51M+1.5%	$40.91M+1.5%	$40.31M+0.2%
Long-term debt, gross	$2.45B0.0%	$2.45B+8.4%	$2.26B—	——	$2.24B+30.4%
Deferred income taxes	$467.13M+6.8%	$437.47M+5.6%	$414.23M-3.0%	$426.83M+0.6%	$424.34M+6.8%
Deferred taxes related to gas reserves	$1.5M-16.7%	$1.8M+12.5%	$1.6M—	——	$2.6M0.0%
Derivatives	$459K+25.4%	$366K-85.1%	$2.46M-39.8%	$4.08M+372%	$864K+61.5%
Derivative Credit Risk Valuation Adjustment, Derivative Liabilities	$200K—	——	$200K—	——	——
Net fair value	-$56.2M+23.3%	-$73.3M-34.5%	-$54.5M—	——	-$29.1M+64.3%
Derivative Liability, Noncurrent	$17.32M+23.4%	$14.04M+48.1%	$9.48M+19.9%	$7.91M-3.8%	$8.22M-38.2%
Money Market Funds At Carrying Value	$2.5M—	——	$0—	——	$68.1M—
Net Investment in Lease, Noncurrent	$120.45M-0.8%	$121.47M-0.9%	$122.52M-0.9%	$123.59M-0.8%	$124.62M-0.8%
Number of net investments in sales-type leases	2—	——	2—	——	——
Remediation non-recovery Percentage	3.3%0.0%	3.3%0.0%	3.3%—	——	3.3%0.0%
Revenue, over time performance obligation, number	1—	——	——	——	——
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	$112.3M—	——	$120.1M—	——	——
Sales-type Lease, Net Investment in Lease, Allowance for Credit Loss	$0—	——	$0—	——	——
Total cumulative gas reserves investment	$188M—	——	$188M—	——	——
Unamortized Debt Issuance Expense	$15.5M-2.5%	$15.9M+5.3%	$15.1M—	——	$14.4M+35.8%
Unbilled Receivables	$61.24M-37.0%	$97.24M+234%	$29.15M+4.3%	$27.94M-53.4%	$59.94M-36.5%
Unrecorded Unconditional Purchase Obligation, to be Paid, Year Two	$31.6M—	——	$22.8M—	——	——
Unrecorded Unconditional Purchase Obligation	$4.1M—	——	$10.5M—	——	——
Purchase commitments, Due in 2027	$31.4M—	——	$18.9M—	——	——
Thereafter	$599.3M—	——	$532.6M—	——	——
Unrecorded Unconditional Purchase Obligation	$31.4M—	——	$18.9M—	——	——

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Questions, answered.

Can Northwest Natural cover its short-term obligations?: Its current ratio is 0.80 — current liabilities exceed current assets.
Where does Northwest Natural's balance sheet data come from?: Every line is extracted from Northwest Natural's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.