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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	632.12	842	1,276	2,277	1,949	1,499
Cash & Short-Term Investments	632.12	842	1,276	2,277	1,949	1,499
Cash Growth	-5.59%	-34.00%	-43.96%	16.80%	30.01%	80.68%
Accounts Receivable	2,508	2,480	1,523	1,220	997.28	813.48
Other Receivables	0.61	0.89	1.09	6.6	11.52	46.48
Receivables	2,508	2,481	1,525	1,227	1,009	859.96
Inventory	4,143	3,820	3,465	3,058	2,061	2,864
Prepaid Expenses	21.12	9.82	28.15	17.88	24.83	33.54
Other Current Assets	4,443	4,382	4,311	4,092	3,801	3,589
Total Current Assets	11,748	11,535	10,604	10,671	8,844	8,846
Property, Plant & Equipment	4,089	4,039	3,444	2,831	3,165	3,226
Other Intangible Assets	2.63	4.12	0.68	2.03	3.13	6.5
Other Long-Term Assets	502.68	502.79	503.01	503.23	503.46	681.43
Total Assets	16,342	16,081	14,552	14,008	12,515	12,760
Accounts Payable	948.41	914.08	500.84	609.57	406.65	476.98
Accrued Expenses	962.24	999.01	950.55	877.47	661.82	663.59
Short-Term Debt	1,319	722.38	372.81	430.41	119.94	-
Current Portion of Long-Term Debt	62.33	11.24	-	-	-	89.23
Current Portion of Leases	10.49	12.21	5.43	4.81	4.51	10.1
Current Income Taxes Payable	4,757	4,709	4,522	4,272	3,971	3,834
Current Unearned Revenue	12.84	11.15	7.66	9.75	9.52	14.4
Other Current Liabilities	223.36	415.65	434.31	158.27	117.36	95.41
Total Current Liabilities	8,296	7,795	6,794	6,362	5,291	5,184
Long-Term Debt	557.28	363.89	-	-	-	-
Long-Term Leases	39.03	45.66	13.16	4.9	9.29	29.37
Long-Term Deferred Tax Liabilities	13.71	49.34	108.06	139.83	191.76	191.89
Other Long-Term Liabilities	-	-	-	-	-	0
Total Liabilities	8,906	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	1,683	2,074	1,884	1,747	1,270	1,601
Total Common Equity	7,436	7,828	7,637	7,501	7,023	7,355
Minority Interest	0	0	0	0	0	0
Shareholders' Equity	7,436	7,828	7,637	7,501	7,023	7,355
Total Liabilities & Equity	16,342	16,081	14,552	14,008	12,515	12,760
Total Debt	1,989	1,155	391.39	440.12	133.74	128.71
Net Cash (Debt)	-1,356	-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	-3.17	-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	3,452	3,740	3,811	4,309	3,553	3,662
Book Value Per Share	17.38	18.29	17.85	17.53	16.41	17.18
Tangible Book Value	7,434	7,823	7,636	7,499	7,020	7,348
Tangible Book Value Per Share	17.37	18.28	17.84	17.52	16.40	17.17
Land	1,246	1,246	1,033	341.57	341.57	338.57
Buildings	1,676	1,061	1,045	1,573	1,546	1,239
Machinery	6,968	7,342	7,161	6,427	6,433	6,227
Construction In Progress	419.05	355.45	155.71	17.71	56.64	177.64

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