Al-Arabiya Real Estate Company K.S.C.P. (KWSE: ARABREC)

ARABREC 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	0.22	2.04	1.72	0.97	0.8	0.74
Cash & Short-Term Investments	0.22	2.04	1.72	0.97	0.8	0.74
Cash Growth	-94.14%	18.33%	76.92%	21.91%	7.29%	-77.95%
Accounts Receivable	2.08	3.62	1.66	1.22	1.29	4.16
Other Receivables	2.69	-	-	0.27	7.56	8.29
Receivables	4.77	3.62	1.66	1.49	8.85	12.45
Prepaid Expenses	0.04	-	-	0.06	0.06	0.02
Other Current Assets	0.99	-	-	1.57	0.68	0.78
Total Current Assets	6.02	5.66	3.38	4.1	10.4	14
Property, Plant & Equipment	13.97	14.32	14.74	15.19	15.91	16.64
Long-Term Investments	3.79	3.31	3.75	3.37	4.2	4.41
Other Long-Term Assets	85.13	99.62	116.37	112.87	123.48	120.69
Total Assets	108.91	122.91	138.24	135.52	153.99	155.73
Accounts Payable	0.81	0.66	0.47	0.86	0.81	0.41
Accrued Expenses	0.67	0.36	1.22	1.28	1.44	1.06
Short-Term Debt	-	0.24	0.42	1.01	10.75	12.19
Current Portion of Long-Term Debt	7.36	81.49	38.69	36.01	75.72	12.73
Current Portion of Leases	0.26	0.29	0.36	0.39	0.47	0.5
Current Income Taxes Payable	0.11	0.21	0.16	0.08	0.16	0.19
Current Unearned Revenue	0.26	0.42	2.16	-	-	-
Other Current Liabilities	0.95	1.8	3.95	4.73	4.98	4.61
Total Current Liabilities	10.42	85.46	47.44	44.35	94.34	31.7
Long-Term Debt	59.11	-	53.54	56.15	6.69	65.55
Total Liabilities	69.88	85.78	101.31	100.79	101.35	97.77
Common Stock	37.66	36.92	50.98	50.98	50.98	50.98
Additional Paid-In Capital	0.91	1.04	1.43	1.43	1.43	1.43
Retained Earnings	1.91	2.77	-14.39	-16.45	2.35	5.92
Treasury Stock	-0.7	-0.83	-0.71	-0.71	-0.71	-0.71
Comprehensive Income & Other	-0.75	-2.77	-0.37	-0.51	-1.4	0.35
Shareholders' Equity	39.04	37.13	36.93	34.73	52.64	57.97
Total Liabilities & Equity	108.91	122.91	138.24	135.52	153.99	155.73
Total Debt	66.73	82.01	93.01	93.55	93.64	90.98
Net Cash (Debt)	-66.51	-79.97	-91.29	-92.58	-92.84	-90.23
Net Cash Per Share	-0.18	-0.21	-0.24	-0.25	-0.25	-0.24
Filing Date Shares Outstanding	369.98	369.84	373.18	373.18	373.18	373.18
Total Common Shares Outstanding	369.98	369.84	373.18	373.18	373.18	373.18
Working Capital	-4.39	-79.8	-44.05	-40.25	-83.94	-17.7
Book Value Per Share	0.11	0.10	0.10	0.09	0.14	0.16
Tangible Book Value	39.04	37.13	36.93	34.73	52.64	57.97
Tangible Book Value Per Share	0.11	0.10	0.10	0.09	0.14	0.16
Land	-	2.64	2.64	2.64	2.64	2.64
Buildings	-	28.99	28.99	28.99	28.99	28.99
Machinery	-	2.92	2.58	2.34	2.34	2.34

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