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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.48	1.4	1.52	2.43	2.76	2.12
Cash & Short-Term Investments	1.48	1.4	1.52	2.43	2.76	2.12
Cash Growth	-32.42%	-7.75%	-37.30%	-12.01%	29.98%	-3.89%
Accounts Receivable	11.07	25.04	26.9	22.9	21.75	22.66
Other Receivables	14.37	-	-	-	-	-
Receivables	25.44	25.04	26.9	22.9	21.75	22.66
Inventory	12.75	12.36	13.56	14.16	14.62	14.81
Total Current Assets	39.67	38.81	41.98	39.49	39.13	39.59
Property, Plant & Equipment	44.66	84.02	59.72	60.83	108.97	96.48
Long-Term Investments	58.48	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	1	1	2	3	4	5
Other Long-Term Assets	95.98	75.44	105.45	104.87	55.99	58.58
Total Assets	239.79	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	26.07	6.44	8.39	4.9	2.72	2.64
Accrued Expenses	-	8.77	8.56	8.22	5.28	5.23
Short-Term Debt	3.11	4.79	2.91	5.55	5.09	4.06
Current Portion of Long-Term Debt	1.64	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	-	0.49	0.51	0.53	0.23	0.19
Current Unearned Revenue	1.51	5.32	4.11	4.69	4.19	1.94
Other Current Liabilities	-	4.68	3.55	2.24	2.27	2.73
Total Current Liabilities	35.43	35.63	33.56	34.91	33.96	26.92
Long-Term Debt	80.83	81.02	82.09	79.14	67.42	67.11
Long-Term Leases	52.94	51.69	52.21	52.47	53.15	53.59
Pension & Post-Retirement Benefits	3.04	3.1	2.93	3.18	3.1	2.99
Other Long-Term Liabilities	1.5	11.78	10.2	-	-	-
Total Liabilities	173.74	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	29.15	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	19.73	28.17	35.76	44.14	37.91	37.95
Treasury Stock	-	-	-	-3.59	-3.59	-3.58
Comprehensive Income & Other	0.81	0.8	1.27	1.61	2.01	0.66
Total Common Equity	65.51	73.94	79.34	84.46	78.64	77.34
Minority Interest	0.55	0.55	0.59	0.69	0.83	1.98
Shareholders' Equity	66.05	74.49	79.93	85.15	79.47	79.32
Total Liabilities & Equity	239.79	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	141.62	142.65	142.74	145.94	139.83	134.89
Net Cash (Debt)	-140.14	-141.25	-141.22	-143.51	-137.08	-132.77
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.44	-0.44	-0.44	-0.47	-0.44	-0.43
Filing Date Shares Outstanding	320.69	320.65	320.65	308.56	308.64	308.68
Total Common Shares Outstanding	320.69	320.65	320.65	308.56	308.64	308.68
Working Capital	4.24	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	65.51	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: Jun 30, 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:

Aug 16, 2026

Data Sources Report a data error