Intercont (Cayman) Limited (NCT) Balance Sheet
NCT balance sheet, FY2024
June 30, 2024 · U.S. dollars$65.1M assets = $54.2M liabilities + $10.9M equity
Both columns are drawn to the same scale: what NCT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
NCT financial health
Descriptive bands, not a rating. Fiscal FY2024.
NCT balance sheet trends, FY2022–FY2024
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $68.7MFY2022 | $65.1MFY2024 | −2.6%/yr | |
| Total liabilities | $57.8MFY2022 | $54.2MFY2024 | −3.1%/yr | |
| Shareholders’ equity | $10.9MFY2022 | $10.9MFY2024 | +0.3%/yr | |
| Cash & short-term investments | $10.4MFY2022 | $3.8MFY2024 | −40.0%/yr | |
| Total debt | $34.0MFY2022 | $26.3MFY2024 | −12.0%/yr | |
| Net cash (debt) | −$23.5MFY2022 | −$22.6MFY2024 | +$989,550 | |
| Working capital | −$18.2MFY2022 | −$30.3MFY2024 | −$12.1M | |
| Current ratio | 0.38FY2022 | 0.14FY2024 | −0.23 | |
| Debt / equity | 3.13FY2022 | 2.41FY2024 | −0.72 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NCT assets
NCT liabilities and equity
NCT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
NCT balance sheet
| FY2024 | FY2023 | FY2022 | |
|---|---|---|---|
| Assets | |||
| Cash & short-term investments | $3.8M | $3.4M | $10.4M |
| Cash & equivalents | $3.8M | $3.4M | $10.4M |
| Receivables | $802,081 | $12.7M | $1,140 |
| Inventory | $0 | $0 | $0 |
| Other current assets | $555,070 | $401,891 | $667,247 |
| Total current assets | $5.1M | $16.6M | $11.1M |
| Property, plant & equipment (net) | $57.8M | $62.3M | $56.6M |
| Goodwill & intangible assets | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 |
| Other non-current assets | $2.2M | $1.4M | $1.1M |
| Total assets | $65.1M | $80.2M | $68.7M |
| Liabilities | |||
| Accounts payable | $1.0M | $882,519 | $796,709 |
| Short-term debt | $7.9M | $8.2M | $6.0M |
| Deferred revenue | — | $187,597 | $80,405 |
| Total current liabilities | $35.4M | $34.6M | $29.3M |
| Long-term debt | $2.8M | $5.4M | $0 |
| Lease obligations | $21.8M | $28.0M | $34.0M |
| Other long-term liabilities | $16.0M | $22.3M | $28.5M |
| Total liabilities | $54.2M | $62.3M | $57.8M |
| Shareholders' equity | |||
| Common stock & paid-in capital | $2,500 | $2,450 | $2,450 |
| Retained earnings (deficit) | $9.3M | $17.9M | $10.9M |
| Minority interest | $0 | $0 | $72,210 |
| Total shareholders' equity | $10.9M | $18.0M | $10.9M |
| Key figures | |||
| Total debt | $26.3M | $35.4M | $34.0M |
| Net cash (debt) | −$22.6M | −$32.0M | −$23.5M |
| Working capital | −$30.3M | −$18.0M | −$18.2M |
| Tangible book value | $10.9M | $18.0M | $10.9M |
| Current ratio | 0.14 | 0.48 | 0.38 |
| Quick ratio | 0.13 | 0.47 | 0.36 |
| Debt / equity | 2.41 | 1.97 | 3.13 |
| Equity / assets | 16.8% | 22.4% | 15.8% |
| Mar '26 | Dec '25 | Dec '24 | Jun '24 | Dec '23 | Jun '23 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $4.0M | $4.0M | $4.9M | $3.8M | $4.5M | $3.4M |
| Cash & equivalents | $4.0M | $4.0M | $4.9M | $3.8M | $4.5M | $3.4M |
| Short-term investments | — | $0 | — | — | — | — |
| Receivables | $706,192 | $288,319 | $433,371 | $802,081 | $461,161 | $12.7M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $7.9M | $8.3M | $640,491 | $555,070 | $370,024 | $401,891 |
| Total current assets | $12.6M | $12.6M | $6.0M | $5.1M | $5.3M | $16.6M |
| Property, plant & equipment (net) | $47.9M | $47.9M | $54.5M | $57.8M | $61.1M | $62.3M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.6M | $2.6M | $2.8M | $2.2M | $2.3M | $1.4M |
| Total assets | $63.2M | $63.2M | $63.3M | $65.1M | $68.8M | $80.2M |
| Liabilities | ||||||
| Accounts payable | $854,400 | $854,400 | $1.0M | $1.0M | $1.2M | $882,519 |
| Short-term debt | $4.7M | — | $7.9M | $7.9M | $8.2M | $8.2M |
| Deferred revenue | $497,360 | — | — | — | $305,291 | $187,597 |
| Total current liabilities | $28.8M | $28.8M | $35.7M | $35.4M | $36.5M | $34.6M |
| Long-term debt | $0 | $773,512 | $2.1M | $2.8M | $4.4M | $0 |
| Lease obligations | — | $12.3M | $18.5M | $21.8M | $24.9M | — |
| Other long-term liabilities | $9.8M | $9.0M | $12.3M | $16.0M | $20.1M | $27.7M |
| Total liabilities | $38.6M | $38.6M | $50.1M | $54.2M | $61.0M | $62.3M |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | $3,049 | — | $2,500 | $2,500 | $2,450 | $2,450 |
| Retained earnings (deficit) | $9.7M | $9.7M | $10.2M | $9.3M | $7.7M | $17.9M |
| Total shareholders' equity | $24.6M | $24.6M | $13.2M | $10.9M | $7.7M | $18.0M |
| Key figures | ||||||
| Total debt | $14.5M | $773,512 | $22.2M | $26.3M | $31.3M | $35.4M |
| Net cash (debt) | −$10.5M | $3.3M | −$17.3M | −$22.6M | −$26.9M | −$32.0M |
| Working capital | −$16.2M | −$16.2M | −$29.8M | −$30.3M | −$31.2M | −$18.0M |
| Tangible book value | $24.6M | $24.6M | $13.2M | $10.9M | $7.7M | $18.0M |
| Book value per share | — | $24.28 | — | — | — | — |
| Shares outstanding | — | 1.0M | — | — | — | — |
| Current ratio | 0.44 | 0.44 | 0.17 | 0.14 | 0.14 | 0.48 |
| Quick ratio | 0.16 | 0.15 | 0.15 | 0.13 | 0.13 | 0.47 |
| Debt / equity | 0.59 | 0.03 | 1.69 | 2.41 | 4.05 | 1.97 |
| Equity / assets | 38.9% | 38.9% | 20.8% | 16.8% | 11.3% | 22.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed June 30, 2024); data from EODHD.
NCT financial position
At the end of fiscal 2024 (June 30, 2024), Intercont had total assets of $65.1 million (down 18.8% from a year earlier), total liabilities of $54.2 million and shareholders' equity of $10.9 million. It held $3.8 million in cash and short-term investments against $26.3 million of debt, net debt of $22.6 million. Its current ratio was 0.14. In the latest quarter (ended March 31, 2026) total assets were $63.2 million and equity $24.6 million.
Related: NCT income statement, NCT cash flow statement, NCT key metrics. See the NCT stock overview for the latest quote and news.
NCT balance sheet FAQ
What are Intercont's total assets?
Intercont reported total assets of $65.1 million at the end of fiscal 2024 (June 30, 2024), compared with $80.2 million a year earlier.
How much debt does Intercont have?
Intercont had $26.3 million of total debt at the end of fiscal 2024, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 2.41.
How much cash does Intercont have?
Intercont held $3.8 million in cash and short-term investments at the end of fiscal 2024; with $26.3 million of debt that is net debt of $22.6 million.
What is Intercont's book value?
Intercont's shareholders' equity (book value) was $10.9 million at the end of fiscal 2024.
What is Intercont's current ratio?
Intercont had current assets of $5.1 million and current liabilities of $35.4 million, a current ratio of 0.14 (current liabilities exceed current assets).