National Corporation for Tourism and Hotels (ADX: NCTH)

NCTH 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	92.82	119.42	187.12	100.17	100.55	116.49
Short-Term Investments	277.48	239.08	202.58	408.89	402.19	338.78
Trading Asset Securities	22.9	26.13	30.56	15.63	-	-
Cash & Short-Term Investments	393.2	384.63	420.26	524.68	502.74	455.27
Cash Growth	3.70%	-8.48%	-19.90%	4.37%	10.43%	-8.25%
Accounts Receivable	121.75	117.53	115.58	157.71	136.19	104.19
Other Receivables	22.7	17.99	17.75	21.67	18.82	23.9
Receivables	144.45	135.52	133.33	179.37	155.01	128.09
Inventory	22.64	22.75	25.4	21.84	26.96	25.23
Prepaid Expenses	33.7	34.87	28.34	25	35.32	56.95
Total Current Assets	594	577.77	607.33	750.9	720.03	665.53
Property, Plant & Equipment	1,969	1,982	1,959	1,879	1,873	1,339
Long-Term Investments	294.97	288.57	264.56	251.32	244.76	244.97
Total Assets	2,858	2,848	2,830	2,881	2,838	2,249
Accounts Payable	89.02	100.12	119.55	129.16	153.16	146.66
Accrued Expenses	39.88	37.3	39.72	43.93	44.56	39.16
Current Portion of Long-Term Debt	37.86	35.68	30.12	30.12	185.37	176.33
Current Portion of Leases	0.06	0.06	0.06	0.06	0.06	0.39
Current Unearned Revenue	8.37	1.74	2.3	1.42	2.04	2.81
Other Current Liabilities	32.34	38.41	50.22	66.88	16.09	7.03
Total Current Liabilities	209.83	213.31	241.96	271.56	401.29	372.38
Long-Term Debt	332.27	350.75	357.83	319.02	127.92	102.43
Long-Term Leases	0.2	0.25	0.3	0.34	0.37	-
Total Liabilities	575.19	595.03	639.04	640.79	576	517.65
Common Stock	899.03	899.03	817.3	785.86	785.86	785.86
Retained Earnings	221.08	190.89	218.81	299.06	310.06	205.24
Comprensive Income & Other	1,163	1,163	1,155	1,155	1,166	740.67
Shareholders' Equity	2,283	2,253	2,191	2,240	2,262	1,732
Total Liabilities & Equity	2,858	2,848	2,830	2,881	2,838	2,249
Total Debt	370.39	386.74	388.3	349.53	313.72	279.15
Net Cash (Debt)	22.82	-2.12	31.95	175.15	189.02	176.12
Net Cash Growth	-	-	-81.76%	-7.33%	7.32%	-19.87%
Net Cash Per Share	0.03	-0.00	0.04	0.19	0.21	0.20
Filing Date Shares Outstanding	899.03	899.03	899.03	899.03	899.03	899.03
Total Common Shares Outstanding	899.03	899.03	899.03	899.03	899.03	899.03
Working Capital	384.18	364.47	365.37	479.35	318.75	293.15
Book Value Per Share	2.54	2.51	2.44	2.49	2.52	1.93
Tangible Book Value	2,283	2,253	2,191	2,240	2,262	1,732
Tangible Book Value Per Share	2.54	2.51	2.44	2.49	2.52	1.93
Land	-	1,163	1,155	1,155	1,257	831.8
Buildings	-	1,035	653.87	650.72	639.92	620.69
Machinery	-	637.32	509.42	501.96	489.5	476.1
Construction In Progress	-	1.01	472.66	378.91	255.72	156.17

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