Ghitha Holding P.J.S.C (ADX: GHITHA)

Ghitha Holding P.J.S.C Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	617.64	1,005	469.44	173.69	160.88	62.35
Short-Term Investments	23.87	71.64	25.64	13.9	1.25	1.25
Trading Asset Securities	73.86	550.27	688.81	82.75	-	-
Cash & Short-Term Investments	715.37	1,627	1,184	270.34	162.13	63.6
Cash Growth	-47.85%	37.39%	337.93%	66.74%	154.93%	101.71%
Accounts Receivable	788.33	874.02	933.39	129.34	5.13	5.37
Other Receivables	292.47	501.36	451.06	132.16	105.76	93.43
Receivables	1,081	1,375	1,384	261.5	110.9	98.8
Inventory	513.32	461.24	239.02	85.12	8.63	5.61
Prepaid Expenses	36.96	37.76	18.23	8.89	0.49	0.28
Other Current Assets	72.81	83.44	42.28	5.24	1.52	0.57
Total Current Assets	2,419	3,584	2,868	631.1	283.66	168.85
Property, Plant & Equipment	2,319	2,137	1,247	544.66	26.79	22.59
Long-Term Investments	4,074	809.01	803.32	270.5	-	-
Goodwill	-	165.52	132.88	0.92	-	-
Other Intangible Assets	362.82	212.86	275.32	41.65	-	-
Long-Term Deferred Tax Assets	21.32	20.65	16.77	-	-	-
Other Long-Term Assets	203.65	136.39	22.67	-	-	-
Total Assets	9,400	7,065	5,366	1,489	310.45	191.44
Accounts Payable	1,118	756.11	452.31	121.69	49.67	31
Accrued Expenses	-	-	-	-	4.96	7.67
Short-Term Debt	21.49	130.35	236.13	80	80	-
Current Portion of Long-Term Debt	510.39	423.29	118	34.77	-	-
Current Portion of Leases	14.57	13.58	5.78	1.88	0.29	0.28
Current Unearned Revenue	5.07	5.64	4.86	1.94	-	-
Other Current Liabilities	93.59	421.27	208.71	205.81	2.94	2.3
Total Current Liabilities	1,763	1,750	1,026	446.08	137.86	41.25
Long-Term Debt	606.77	689.38	422.44	40.44	-	-
Long-Term Leases	94.17	93.82	90.29	26.89	7.37	7.24
Long-Term Unearned Revenue	6.33	8.87	-	-	-	-
Long-Term Deferred Tax Liabilities	34.32	37.39	3.79	1.89	-	-
Total Liabilities	2,634	2,651	1,569	525.48	149.05	51.81
Common Stock	241.6	241.6	241.6	100	100	1
Additional Paid-In Capital	37.29	37.29	37.29	12.29	12.29	12.29
Retained Earnings	3,221	418.78	388.45	106.73	49.11	126.34
Comprensive Income & Other	1,966	2,039	1,858	716.16	-	-
Total Common Equity	5,466	2,736	2,526	935.19	161.4	139.63
Minority Interest	1,300	1,679	1,271	28.14	-	-
Shareholders' Equity	6,766	4,415	3,797	963.33	161.4	139.63
Total Liabilities & Equity	9,400	7,065	5,366	1,489	310.45	191.44
Total Debt	1,247	1,350	872.64	183.98	87.66	7.52
Net Cash (Debt)	-532.02	276.17	311.25	86.36	74.47	56.08
Net Cash Growth	-	-11.27%	260.40%	15.97%	32.80%	77.86%
Net Cash Per Share	-2.20	1.14	1.59	0.86	0.74	3.42
Filing Date Shares Outstanding	241.6	241.6	241.6	100	100	62.65
Total Common Shares Outstanding	241.6	241.6	241.6	100	100	62.65
Working Capital	656.16	1,834	1,842	185.01	145.8	127.6
Book Value Per Share	22.62	11.33	10.45	9.35	1.61	2.23
Tangible Book Value	5,103	2,358	2,118	892.63	161.4	139.63
Tangible Book Value Per Share	21.12	9.76	8.76	8.93	1.61	2.23
Land	-	114.26	72.05	115.31	-	-
Buildings	-	1,455	634.32	358.57	15.47	15.32
Machinery	-	2,115	1,319	156.92	11.36	8.72
Construction In Progress	-	55.47	25.89	2.24	3.63	0.09

Source: S&P Capital IQ. Standard template. Financial Sources.