Alliance Resource Partners LP (ARLP) - Net Assets
Based on the latest financial reports, Alliance Resource Partners LP (ARLP) has net assets worth $1.86 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.85 Billion) and total liabilities ($993.57 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ARLP financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.86 Billion |
| % of Total Assets | 65.18% |
| Annual Growth Rate | 9.7% |
| 5-Year Change | 51.72% |
| 10-Year Change | 70.13% |
| Growth Volatility | 80.78 |
Alliance Resource Partners LP - Net Assets Trend (1998–2025)
This chart illustrates how Alliance Resource Partners LP's net assets have evolved over time, based on quarterly financial data. Also explore ARLP total assets for the complete picture of this company's asset base.
Annual Net Assets for Alliance Resource Partners LP (1998–2025)
The table below shows the annual net assets of Alliance Resource Partners LP from 1998 to 2025. For live valuation and market cap data, see Alliance Resource Partners LP stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.86 Billion | +0.36% |
| 2024-12-31 | $1.85 Billion | -0.27% |
| 2023-12-31 | $1.86 Billion | +8.82% |
| 2022-12-31 | $1.71 Billion | +39.31% |
| 2021-12-31 | $1.23 Billion | +14.34% |
| 2020-12-31 | $1.07 Billion | -15.26% |
| 2019-12-31 | $1.27 Billion | +6.55% |
| 2018-12-31 | $1.19 Billion | +3.14% |
| 2017-12-31 | $1.15 Billion | +5.31% |
| 2016-12-31 | $1.09 Billion | +10.52% |
| 2015-12-31 | $989.36 Million | -2.53% |
| 2014-12-31 | $1.02 Billion | +19.24% |
| 2013-12-31 | $851.24 Million | +20.67% |
| 2012-12-31 | $705.45 Million | +13.10% |
| 2011-12-31 | $623.76 Million | +36.85% |
| 2010-12-31 | $455.78 Million | +42.00% |
| 2009-12-31 | $320.98 Million | +10.61% |
| 2008-12-31 | $290.19 Million | -8.67% |
| 2007-12-31 | $317.72 Million | +27.44% |
| 2006-12-31 | $249.32 Million | +60.05% |
| 2005-12-31 | $155.78 Million | +182.27% |
| 2004-12-31 | $55.19 Million | +339.49% |
| 2003-12-31 | $12.56 Million | +126.97% |
| 2002-12-31 | $-46.55 Million | +0.83% |
| 2001-12-31 | $-46.94 Million | -47.67% |
| 2000-12-31 | $-31.79 Million | -99.57% |
| 1999-12-31 | $-15.93 Million | -110.42% |
| 1998-12-31 | $152.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alliance Resource Partners LP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.84 Billion | 100.06% |
| Other Comprehensive Income | $-1.03 Million | -0.06% |
| Total Equity | $1.84 Billion | 100.00% |
Alliance Resource Partners LP Competitors by Market Cap
The table below lists competitors of Alliance Resource Partners LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Impinj Inc
NASDAQ:PI
|
$3.36 Billion |
|
Alm. Brand
CO:ALMB
|
$3.37 Billion |
|
Kadant Inc
NYSE:KAI
|
$3.37 Billion |
|
Transcoal Pacific Tbk PT
JK:TCPI
|
$3.37 Billion |
|
Hangzhou Zhongheng Electric Co Ltd
SHE:002364
|
$3.36 Billion |
|
Guangzhou Zhujiang Brewery Co Ltd
SHE:002461
|
$3.36 Billion |
|
SJVN Limited
NSE:SJVN
|
$3.36 Billion |
|
SkyWest Inc
NASDAQ:SKYW
|
$3.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alliance Resource Partners LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,832,747,000 to 1,842,601,000, a change of 9,854,000 (0.5%).
- Net income of 311,163,000 contributed positively to equity growth.
- Dividend payments of 337,178,000 reduced retained earnings.
- Share repurchases of 7,082,000 reduced equity.
- Other comprehensive income increased equity by 34,077,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $311.16 Million | +16.89% |
| Dividends Paid | $337.18 Million | -18.3% |
| Share Repurchases | $7.08 Million | -0.38% |
| Other Comprehensive Income | $34.08 Million | +1.85% |
| Other Changes | $8.87 Million | +0.48% |
| Total Change | $- | 0.54% |
Book Value vs Market Value Analysis
This analysis compares Alliance Resource Partners LP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.82x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.55x to 1.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $2.48 | $26.15 | x |
| 1999-12-31 | $-1.67 | $26.15 | x |
| 2000-12-31 | $-0.25 | $26.15 | x |
| 2001-12-31 | $-0.37 | $26.15 | x |
| 2002-12-31 | $-0.73 | $26.15 | x |
| 2003-12-31 | $0.17 | $26.15 | x |
| 2004-12-31 | $4.86 | $26.15 | x |
| 2005-12-31 | $6.14 | $26.15 | x |
| 2006-12-31 | $7.36 | $26.15 | x |
| 2007-12-31 | $8.26 | $26.15 | x |
| 2008-12-31 | $7.96 | $26.15 | x |
| 2009-12-31 | $8.36 | $26.15 | x |
| 2010-12-31 | $10.12 | $26.15 | x |
| 2011-12-31 | $12.28 | $26.15 | x |
| 2012-12-31 | $9.57 | $26.15 | x |
| 2013-12-31 | $11.52 | $26.15 | x |
| 2014-12-31 | $13.70 | $26.15 | x |
| 2015-12-31 | $13.30 | $26.15 | x |
| 2016-12-31 | $14.63 | $26.15 | x |
| 2017-12-31 | $11.61 | $26.15 | x |
| 2018-12-31 | $9.04 | $26.15 | x |
| 2019-12-31 | $9.78 | $26.15 | x |
| 2020-12-31 | $8.34 | $26.15 | x |
| 2021-12-31 | $9.64 | $26.15 | x |
| 2022-12-31 | $12.70 | $26.15 | x |
| 2023-12-31 | $14.42 | $26.15 | x |
| 2024-12-31 | $14.32 | $26.15 | x |
| 2025-12-31 | $14.35 | $26.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alliance Resource Partners LP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.18%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.55x
- Recent ROE (16.89%) is below the historical average (36.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 5.69% | 2.16% | 1.54x | 1.71x | $-6.58 Million |
| 1999 | 0.00% | 4.75% | 1.10x | 0.00x | $26.75 Million |
| 2000 | 0.00% | 4.29% | 1.18x | 0.00x | $18.76 Million |
| 2001 | 0.00% | 3.83% | 1.53x | 0.00x | $21.79 Million |
| 2002 | 0.00% | 7.01% | 1.80x | 0.00x | $40.94 Million |
| 2003 | 381.48% | 8.83% | 1.61x | 26.79x | $46.65 Million |
| 2004 | 21.37% | 11.73% | 1.58x | 1.15x | $40.77 Million |
| 2005 | 35.24% | 19.08% | 1.57x | 1.17x | $114.61 Million |
| 2006 | 31.90% | 17.87% | 1.52x | 1.17x | $118.72 Million |
| 2007 | 28.03% | 16.49% | 1.47x | 1.15x | $109.60 Million |
| 2008 | 22.93% | 11.60% | 1.12x | 1.76x | $75.67 Million |
| 2009 | 31.35% | 15.61% | 1.17x | 1.72x | $130.86 Million |
| 2010 | 43.20% | 19.94% | 1.07x | 2.02x | $246.70 Million |
| 2011 | 43.12% | 21.12% | 1.06x | 1.92x | $299.07 Million |
| 2012 | 32.42% | 11.24% | 1.04x | 2.77x | $158.19 Million |
| 2013 | 46.23% | 17.84% | 1.04x | 2.49x | $308.37 Million |
| 2014 | 49.01% | 21.61% | 1.01x | 2.25x | $395.77 Million |
| 2015 | 31.03% | 13.47% | 0.96x | 2.39x | $207.52 Million |
| 2016 | 31.20% | 17.57% | 0.88x | 2.02x | $230.61 Million |
| 2017 | 26.49% | 16.90% | 0.81x | 1.94x | $189.02 Million |
| 2018 | 31.01% | 18.30% | 0.84x | 2.03x | $248.36 Million |
| 2019 | 31.86% | 20.36% | 0.76x | 2.06x | $274.07 Million |
| 2020 | -12.18% | -9.73% | 0.61x | 2.04x | $-235.31 Million |
| 2021 | 14.53% | 11.35% | 0.73x | 1.76x | $55.55 Million |
| 2022 | 35.74% | 23.98% | 0.88x | 1.69x | $415.69 Million |
| 2023 | 34.35% | 24.55% | 0.92x | 1.52x | $446.67 Million |
| 2024 | 19.69% | 14.74% | 0.84x | 1.59x | $177.58 Million |
| 2025 | 16.89% | 14.18% | 0.77x | 1.55x | $126.90 Million |
Industry Comparison
This section compares Alliance Resource Partners LP's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $284,893,000
- Average return on equity (ROE) among peers: -651.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alliance Resource Partners LP (ARLP) | $1.86 Billion | 5.69% | 0.53x | $3.36 Billion |
| Peabody Energy Corp (BTU) | $337.80 Million | -219.01% | 33.87x | $3.23 Billion |
| Core Natural Resources, Inc. (CNR) | $876.00K | -3068.15% | 638.87x | $4.44 Billion |
| Hallador Energy Company (HNRG) | $258.87 Million | 2.94% | 0.99x | $734.44 Million |
| NACCO Industries Inc (NC) | $182.00 Million | 18.30% | 5.00x | $286.94 Million |
| Natural Resource Partners LP (NRP) | $644.91 Million | 8.22% | 1.58x | $1.36 Billion |
About Alliance Resource Partners LP
Alliance Resource Partners, L.P., a diversified natural resource company, engages in the production and marketing of coal to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties. It produces bituminous coal from its underground mines sold to electric powe… Read more