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	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	605.01	1,005	469.44	173.69	160.88
Short-Term Investments	43.17	71.64	25.64	13.9	1.25
Trading Asset Securities	4.45	550.27	688.81	82.75	-
Cash & Short-Term Investments	652.62	1,627	1,184	270.34	162.13
Cash Growth	-59.88%	37.39%	337.93%	66.74%	154.93%
Accounts Receivable	800.6	874.02	933.39	129.34	5.13
Other Receivables	287.58	501.36	451.06	131.14	105.76
Receivables	1,088	1,375	1,384	260.48	110.9
Inventory	548.74	461.24	239.02	85.12	8.63
Prepaid Expenses	37.45	37.76	18.23	8.89	0.49
Other Current Assets	196.79	83.44	42.28	6.26	1.52
Total Current Assets	2,524	3,584	2,868	631.1	283.66
Property, Plant & Equipment	2,121	2,137	1,247	544.66	26.79
Long-Term Investments	4,099	809.01	803.32	270.5	-
Goodwill	173.3	165.52	132.88	0.92	-
Other Intangible Assets	195.83	212.86	275.32	41.65	-
Long-Term Deferred Tax Assets	33.6	20.65	16.77	-	-
Other Long-Term Assets	181.69	136.39	22.67	-	-
Total Assets	9,328	7,065	5,366	1,489	310.45
Accounts Payable	1,170	756.11	452.31	121.69	49.67
Accrued Expenses	-	-	-	-	4.96
Short-Term Debt	134.27	130.35	236.13	80	80
Current Portion of Long-Term Debt	408.96	423.29	118	34.77	-
Current Portion of Leases	16.92	13.58	5.78	1.88	0.29
Current Income Taxes Payable	17.01	-	-	-	-
Current Unearned Revenue	5.07	5.64	4.86	1.94	-
Other Current Liabilities	160.35	421.27	208.71	205.81	2.94
Total Current Liabilities	1,912	1,750	1,026	446.08	137.86
Long-Term Debt	497.39	689.38	422.44	40.44	-
Long-Term Leases	82.06	93.82	90.29	26.89	7.37
Long-Term Unearned Revenue	3.8	8.87	-	-	-
Long-Term Deferred Tax Liabilities	35.26	37.39	3.79	1.89	-
Other Long-Term Liabilities	50	-	-	-	-
Total Liabilities	2,656	2,651	1,569	525.48	149.05
Common Stock	241.6	241.6	241.6	100	100
Additional Paid-In Capital	37.29	37.29	37.29	12.29	12.29
Retained Earnings	3,065	418.78	388.45	106.73	49.11
Comprehensive Income & Other	1,977	2,039	1,858	716.16	-
Total Common Equity	5,321	2,736	2,526	935.19	161.4
Minority Interest	1,351	1,679	1,271	28.14	-
Shareholders' Equity	6,672	4,415	3,797	963.33	161.4
Total Liabilities & Equity	9,328	7,065	5,366	1,489	310.45
Total Debt	1,140	1,350	872.64	183.98	87.66
Net Cash (Debt)	-486.97	276.17	311.25	86.36	74.47
Net Cash Growth	-	-11.27%	260.40%	15.97%	32.80%
Net Cash Per Share	-2.02	1.14	1.59	0.86	0.74
Filing Date Shares Outstanding	241.6	241.6	241.6	100	100
Total Common Shares Outstanding	241.6	241.6	241.6	100	100
Working Capital	611.48	1,834	1,842	185.01	145.8
Book Value Per Share	22.03	11.33	10.45	9.35	1.61
Tangible Book Value	4,952	2,358	2,118	892.63	161.4
Tangible Book Value Per Share	20.50	9.76	8.76	8.93	1.61
Land	192.79	114.26	72.05	115.31	-
Buildings	1,824	1,455	634.32	358.57	15.47
Machinery	1,400	2,115	1,319	156.92	11.36
Construction In Progress	52.66	55.47	25.89	2.24	3.63

Updated Jan 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.