Electro Cable Egypt (EGX: ELEC)

Electro Cable Egypt Balance Sheet

Financials in millions EGP. 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	757.28	1,137	545.96	145.94	167.22	100.58
Short-Term Investments	15.23	125.72	-	5.09	55.94	86.38
Trading Asset Securities	7.59	6.93	19.19	-	-	-
Cash & Short-Term Investments	780.11	1,270	565.14	151.03	223.15	186.96
Cash Growth	-33.20%	124.73%	274.19%	-32.32%	19.36%	228.22%
Accounts Receivable	5,671	3,325	1,171	952.32	598.61	420.5
Other Receivables	202.91	280.76	163.15	132.31	134.78	25.95
Receivables	6,129	3,839	1,440	1,436	914.54	517.14
Inventory	3,518	1,998	1,660	1,051	512.02	372.61
Prepaid Expenses	13.23	30.79	7.65	10.42	6.64	4.32
Other Current Assets	651.3	503.86	357.51	182.74	96.58	97.18
Total Current Assets	11,091	7,641	4,030	2,830	1,753	1,178
Property, Plant & Equipment	954.62	868.17	857.23	672.82	639.76	650.62
Long-Term Investments	427.38	392.28	75.77	2.64	2.64	2.64
Long-Term Deferred Tax Assets	14.27	-	-	-	-	-
Other Long-Term Assets	-	-	-	-	3.72	-
Total Assets	12,488	8,901	4,963	3,506	2,399	1,831
Accounts Payable	813.38	496.47	696.79	470.14	334.42	121.45
Accrued Expenses	315.24	84.59	87.91	17.96	20.01	39.6
Short-Term Debt	6,103	4,081	2,055	1,222	617.43	322.34
Current Portion of Long-Term Debt	-	-	-	-	16	16
Current Portion of Leases	88.84	131.28	71.01	57.18	37.1	33.58
Current Income Taxes Payable	345.18	357.59	143.49	70.18	37.83	38.52
Other Current Liabilities	1,111	582.6	98.71	276.17	176.63	150.63
Total Current Liabilities	8,777	5,734	3,153	2,113	1,239	722.13
Long-Term Debt	-	-	-	-	16	24
Long-Term Leases	383.02	365.59	162.45	36.59	43.91	64.08
Long-Term Deferred Tax Liabilities	-	71.79	17.82	29.67	23.18	17.21
Total Liabilities	9,160	6,171	3,333	2,180	1,323	827.42
Common Stock	662.71	680.93	711.45	711.45	711.45	711.45
Retained Earnings	2,613	2,047	920.97	607.56	364.94	271.34
Treasury Stock	-	-52.27	-56.35	-14.19	-21.12	-
Comprehensive Income & Other	53.38	53.38	53.38	21.26	21.26	21.26
Total Common Equity	3,330	2,729	1,629	1,326	1,077	1,004
Minority Interest	-1.59	0.86	0.85	0	0	0
Shareholders' Equity	3,328	2,730	1,630	1,326	1,077	1,004
Total Liabilities & Equity	12,488	8,901	4,963	3,506	2,399	1,831
Total Debt	6,575	4,578	2,288	1,316	730.45	460
Net Cash (Debt)	-5,795	-3,308	-1,723	-1,165	-507.3	-273.04
Net Cash Per Share	-1.75	-0.99	-0.50	-0.33	-0.15	-0.08
Filing Date Shares Outstanding	3,314	3,314	3,437	3,557	3,468	3,557
Total Common Shares Outstanding	3,314	3,314	3,437	3,557	3,468	3,557
Working Capital	2,315	1,907	877.57	716.87	513.5	456.07
Book Value Per Share	1.00	0.82	0.47	0.37	0.31	0.28
Tangible Book Value	3,330	2,729	1,629	1,326	1,077	1,004
Tangible Book Value Per Share	1.00	0.82	0.47	0.37	0.31	0.28
Land	393.11	393.11	393.11	393.11	380.48	387.31
Buildings	173.36	155.21	142.38	123.63	123.16	121.69
Machinery	613.24	576.13	530.58	349.7	321.67	310.13
Construction In Progress	93.25	38.6	48.55	34.38	33	33

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