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.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.43	1.4	1.52	2.43	2.76	2.12
Cash & Short-Term Investments	1.43	1.4	1.52	2.43	2.76	2.12
Cash Growth	-37.26%	-7.75%	-37.30%	-12.01%	29.98%	-3.89%
Accounts Receivable	26.49	25.04	26.9	22.9	21.75	22.66
Receivables	26.49	25.04	26.9	22.9	21.75	22.66
Inventory	13.05	12.36	13.56	14.16	14.62	14.81
Total Current Assets	40.97	38.81	41.98	39.49	39.13	39.59
Property, Plant & Equipment	44.12	84.02	59.72	60.83	108.97	96.48
Long-Term Investments	59.11	58.43	51.76	46.65	29	30.26
Other Intangible Assets	0	0	0.01	0.01	0.01	0.01
Long-Term Accounts Receivable	0.25	1	2	3	4	5
Other Long-Term Assets	96	75.44	105.45	104.87	55.99	58.58
Total Assets	240.46	257.7	260.91	254.85	237.11	229.93

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	6.07	6.44	8.39	4.9	2.72	2.64
Accrued Expenses	11.31	8.77	8.56	8.22	5.28	5.23
Short-Term Debt	3.04	4.79	2.91	5.55	5.09	4.06
Current Portion of Long-Term Debt	1.51	1.9	2.27	5.3	10.91	7.03
Current Portion of Leases	3.11	3.26	3.26	3.48	3.26	3.1
Current Income Taxes Payable	0.48	0.49	0.51	0.53	0.23	0.19
Current Unearned Revenue	7.96	5.32	4.11	4.69	4.19	1.94
Other Current Liabilities	5.24	4.68	3.55	2.24	2.27	2.73
Total Current Liabilities	38.72	35.63	33.56	34.91	33.96	26.92
Long-Term Debt	80.71	81.02	82.09	79.14	67.42	67.11
Long-Term Leases	51.86	51.69	52.21	52.47	53.15	53.59
Pension & Post-Retirement Benefits	2.96	3.1	2.93	3.18	3.1	2.99
Other Long-Term Liabilities	1.5	11.78	10.2	-	-	-
Total Liabilities	175.75	183.22	180.99	169.7	157.64	150.61

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	32.07	29.15	26.5	26.5	26.5	26.5
Additional Paid-In Capital	15.81	15.81	15.81	15.81	15.81	15.81
Retained Earnings	15.85	28.17	35.76	44.14	37.91	37.95
Treasury Stock	-	-	-	-3.59	-3.59	-3.58
Comprehensive Income & Other	0.79	0.8	1.27	1.61	2.01	0.66
Total Common Equity	64.52	73.94	79.34	84.46	78.64	77.34
Minority Interest	0.18	0.55	0.59	0.69	0.83	1.98
Shareholders' Equity	64.7	74.49	79.93	85.15	79.47	79.32
Total Liabilities & Equity	240.46	257.7	260.91	254.85	237.11	229.93

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	140.24	142.65	142.74	145.94	139.83	134.89
Net Cash (Debt)	-138.8	-141.25	-141.22	-143.51	-137.08	-132.77
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.43	-0.44	-0.44	-0.47	-0.44	-0.43
Filing Date Shares Outstanding	320.65	320.65	320.65	308.56	308.64	308.68
Total Common Shares Outstanding	320.65	320.65	320.65	308.56	308.64	308.68
Working Capital	2.25	3.18	8.42	4.58	5.17	12.68
Book Value Per Share	0.20	0.23	0.25	0.27	0.25	0.25
Tangible Book Value	64.52	73.93	79.34	84.45	78.63	77.32
Tangible Book Value Per Share	0.20	0.23	0.25	0.27	0.25	0.25
Buildings	-	26.65	0.12	0.12	0.12	0.12
Machinery	-	16.13	15.94	16.02	10.98	10.72
Construction In Progress	-	-	-	-	3.99	-

Data Source: S&P Global Market Intelligence Last updated: Oct 19, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 13, 2026

Data Sources Report a data error