Al Argan International Real Estate Company - K.S.C.P. (KWSE:ARGAN)

KWSE:ARGAN Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1.52	2.43	2.76	2.12	2.21
Cash & Short-Term Investments	1.52	2.43	2.76	2.12	2.21
Cash Growth	-37.30%	-12.01%	29.98%	-3.89%	47.13%
Accounts Receivable	26.9	22.9	21.75	22.66	20.91
Receivables	26.9	22.9	21.75	22.66	20.91
Inventory	13.56	14.16	14.62	14.81	17.86
Total Current Assets	41.98	39.49	39.13	39.59	40.98
Property, Plant & Equipment	59.72	60.83	108.97	96.48	66.3
Long-Term Investments	51.76	46.65	29	30.26	33.66
Other Intangible Assets	0.01	0.01	0.01	0.01	0.03
Long-Term Accounts Receivable	2	3	4	5	6
Other Long-Term Assets	105.45	104.87	55.99	58.58	84.24
Total Assets	260.91	254.85	237.11	229.93	231.21
Accounts Payable	8.39	4.9	2.72	2.64	1.87
Accrued Expenses	8.56	8.22	5.28	5.23	7.86
Short-Term Debt	2.91	5.55	5.09	4.06	3.75
Current Portion of Long-Term Debt	2.27	5.3	10.91	7.03	3.34
Current Portion of Leases	3.26	3.48	3.26	3.1	3.45
Current Income Taxes Payable	0.51	0.53	0.23	0.19	0.3
Current Unearned Revenue	4.11	4.69	4.19	1.94	2.26
Other Current Liabilities	3.55	2.24	2.27	2.73	2.14
Total Current Liabilities	33.56	34.91	33.96	26.92	24.97
Long-Term Debt	82.09	79.14	67.42	67.11	61.83
Long-Term Leases	52.21	52.47	53.15	53.59	60.21
Other Long-Term Liabilities	10.2	-	-	-	-
Total Liabilities	180.99	169.7	157.64	150.61	149.71
Common Stock	26.5	26.5	26.5	26.5	26.5
Additional Paid-In Capital	15.81	15.81	15.81	15.81	15.81
Retained Earnings	35.76	44.14	37.91	37.95	38.69
Treasury Stock	-	-3.59	-3.59	-3.58	-3.58
Comprehensive Income & Other	1.27	1.61	2.01	0.66	1.9
Total Common Equity	79.34	84.46	78.64	77.34	79.31
Minority Interest	0.59	0.69	0.83	1.98	2.19
Shareholders' Equity	79.93	85.15	79.47	79.32	81.5
Total Liabilities & Equity	260.91	254.85	237.11	229.93	231.21
Total Debt	142.74	145.94	139.83	134.89	132.57
Net Cash (Debt)	-141.22	-143.51	-137.08	-132.77	-130.37
Net Cash Per Share	-0.54	-0.56	-0.54	-0.52	-0.51
Filing Date Shares Outstanding	265	255.01	255.07	255.1	255.1
Total Common Shares Outstanding	265	255.01	255.07	255.1	255.1
Working Capital	8.42	4.58	5.17	12.68	16.01
Book Value Per Share	0.30	0.33	0.31	0.30	0.31
Tangible Book Value	79.34	84.45	78.63	77.32	79.28
Tangible Book Value Per Share	0.30	0.33	0.31	0.30	0.31
Buildings	0.12	0.12	0.12	0.12	0.12
Machinery	15.94	16.02	10.98	10.72	9.86
Construction In Progress	-	-	3.99	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.