Ali Al-Ghanim Sons Automotive Company K.S.C.P. (KWSE: ALG)

KWSE: ALG Balance Sheet

Financials in millions KWD. 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	16.43	18.98	14.91	19.07	22.5	7.66
Short-Term Investments	-	1.5	1	-	-	-
Cash & Short-Term Investments	16.43	20.48	15.91	19.07	22.5	7.66
Cash Growth	-26.35%	28.74%	-16.57%	-15.26%	193.89%	62.01%
Accounts Receivable	12.77	6.27	5.61	5.92	7.97	8.3
Other Receivables	0.4	7.61	6	0.58	1.18	0.96
Receivables	19.38	13.88	11.62	6.51	9.15	9.26
Inventory	83.8	63.29	52.35	24.09	30.09	35.76
Prepaid Expenses	-	0.9	0.54	0.46	0.53	0.45
Other Current Assets	-	0.76	1.25	4.03	0.36	0.05
Total Current Assets	119.61	99.31	81.66	54.14	62.63	53.18
Property, Plant & Equipment	113.24	109.95	101.72	91.98	103.2	107.33
Long-Term Investments	13.69	12.87	3.53	0.25	0.42	0.05
Other Intangible Assets	0.13	0.08	0.22	0.33	0.35	0.5
Long-Term Accounts Receivable	0.57	0.72	0.95	1.38	0.33	0.41
Other Long-Term Assets	-	0.25	-	-	-	-
Total Assets	247.24	223.18	188.08	148.09	166.93	161.47
Accounts Payable	38.92	30.6	36.92	17.48	29.9	20.33
Accrued Expenses	11.05	12.6	8.18	7.48	4.03	5.28
Short-Term Debt	11.74	9.56	4.27	-	-	0.13
Current Portion of Long-Term Debt	18.6	4.46	2.62	2.25	10.59	12.44
Current Portion of Leases	2.03	2.18	1.47	1.37	1.26	1.2
Current Unearned Revenue	4.68	4.15	3.21	3.85	3.74	2.91
Other Current Liabilities	13.12	15.94	20.33	18.16	7.69	5.1
Total Current Liabilities	100.14	79.48	77	50.59	57.2	47.4
Long-Term Debt	35.18	29.05	13.98	19.98	26.93	33.14
Long-Term Leases	3.89	5.05	3.87	2.72	3.24	3.96
Long-Term Unearned Revenue	10.72	9.29	7.9	5.98	4.87	5.17
Other Long-Term Liabilities	0.32	2.04	0.21	0.14	0.14	0.14
Total Liabilities	156.39	130.75	108.41	84.12	96.84	93.85
Common Stock	27.75	27.75	27.75	27.75	17.75	1
Additional Paid-In Capital	0.01	0.01	0.01	-	-	-
Retained Earnings	28.42	26.11	16.54	9.25	19.76	22.31
Treasury Stock	-3.08	-3.01	-2.95	-	-	-
Comprehensive Income & Other	28.28	31.68	31.63	20.34	25.63	41.75
Total Common Equity	81.37	82.53	72.96	57.34	63.14	65.06
Minority Interest	9.47	9.9	6.7	6.63	6.95	2.56
Shareholders' Equity	90.84	92.43	79.67	63.97	70.09	67.62
Total Liabilities & Equity	247.24	223.18	188.08	148.09	166.93	161.47
Total Debt	71.43	50.3	26.22	26.32	42.02	50.87
Net Cash (Debt)	-55.01	-29.82	-10.31	-7.25	-19.51	-43.22
Net Cash Per Share	-0.20	-0.11	-0.04	-0.03	-0.11	-4.32
Filing Date Shares Outstanding	273.93	273.99	274.05	277.5	177.5	10
Total Common Shares Outstanding	273.93	273.99	274.05	277.5	177.5	10
Working Capital	19.47	19.84	4.65	3.55	5.43	5.78
Book Value Per Share	0.30	0.30	0.27	0.21	0.36	6.51
Tangible Book Value	81.24	82.46	72.74	57.02	62.79	64.56
Tangible Book Value Per Share	0.30	0.30	0.27	0.21	0.35	6.46
Land	-	72.64	72.64	61.27	66.27	65.96
Buildings	-	27.07	27.07	27.06	27.99	27.63
Machinery	-	34.13	26.73	28.03	30.97	32.52
Construction In Progress	-	0.04	0.63	0.04	0.25	0.19

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