RAK Ceramics (Bangladesh) Limited (DSE: RAKCERAMIC)

RAK Ceramics (Bangladesh) Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	578.26	842	1,276	2,277	1,949	1,499
Cash & Short-Term Investments	578.26	842	1,276	2,277	1,949	1,499
Cash Growth	33.93%	-34.00%	-43.96%	16.80%	30.01%	80.68%
Accounts Receivable	2,356	2,480	1,523	1,220	997.28	813.48
Other Receivables	1.42	0.89	1.09	6.6	11.52	46.48
Receivables	2,358	2,481	1,525	1,227	1,009	859.96
Inventory	4,089	3,820	3,465	3,058	2,061	2,864
Prepaid Expenses	14.6	9.82	28.15	17.88	24.83	33.54
Other Current Assets	4,542	4,382	4,311	4,092	3,801	3,589
Total Current Assets	11,581	11,535	10,604	10,671	8,844	8,846
Property, Plant & Equipment	4,016	4,039	3,444	2,831	3,165	3,226
Other Intangible Assets	11.38	4.12	0.68	2.03	3.13	6.5
Other Long-Term Assets	502.62	502.79	503.01	503.23	503.46	681.43
Total Assets	16,114	16,081	14,552	14,008	12,515	12,760
Accounts Payable	977.2	914.08	500.84	609.57	406.65	476.98
Accrued Expenses	988.43	999.01	950.55	877.47	661.82	663.59
Short-Term Debt	1,225	722.38	372.81	430.41	119.94	-
Current Portion of Long-Term Debt	106.57	11.24	-	-	-	89.23
Current Portion of Leases	12	12.21	5.43	4.81	4.51	10.1
Current Income Taxes Payable	4,792	4,709	4,522	4,272	3,971	3,834
Current Unearned Revenue	19.99	11.15	7.66	9.75	9.52	14.4
Other Current Liabilities	183.96	415.65	434.31	158.27	117.36	95.41
Total Current Liabilities	8,305	7,795	6,794	6,362	5,291	5,184
Long-Term Debt	479.83	363.89	-	-	-	-
Long-Term Leases	40.01	45.66	13.16	4.9	9.29	29.37
Long-Term Deferred Tax Liabilities	-	49.34	108.06	139.83	191.76	191.89
Other Long-Term Liabilities	-	-	-	-	-	0
Total Liabilities	8,825	8,254	6,915	6,507	5,492	5,405
Common Stock	4,280	4,280	4,280	4,280	4,280	4,280
Additional Paid-In Capital	1,474	1,474	1,474	1,474	1,474	1,474
Retained Earnings	1,535	2,074	1,884	1,747	1,270	1,601
Total Common Equity	7,289	7,828	7,637	7,501	7,023	7,355
Minority Interest	0	0	0	0	0	0
Shareholders' Equity	7,289	7,828	7,637	7,501	7,023	7,355
Total Liabilities & Equity	16,114	16,081	14,552	14,008	12,515	12,760
Total Debt	1,863	1,155	391.39	440.12	133.74	128.71
Net Cash (Debt)	-1,285	-313.39	884.39	1,837	1,815	1,371
Net Cash Growth	-	-	-51.84%	1.16%	32.46%	217.30%
Net Cash Per Share	-3.00	-0.73	2.07	4.29	4.24	3.20
Filing Date Shares Outstanding	427.97	427.97	427.97	427.97	427.97	427.97
Total Common Shares Outstanding	427.97	427.97	427.97	427.97	427.97	427.97
Working Capital	3,275	3,740	3,811	4,309	3,553	3,662
Book Value Per Share	17.03	18.29	17.85	17.53	16.41	17.18
Tangible Book Value	7,277	7,823	7,636	7,499	7,020	7,348
Tangible Book Value Per Share	17.00	18.28	17.84	17.52	16.40	17.17
Land	1,246	1,246	1,033	341.57	341.57	338.57
Buildings	1,726	1,061	1,045	1,573	1,546	1,239
Machinery	7,167	7,342	7,161	6,427	6,433	6,227
Construction In Progress	222.57	355.45	155.71	17.71	56.64	177.64

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