Combined Group Contracting Company - K.S.C. (Public) (KWSE: CGC)

CGC 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	13.05	20.44	23.06	43.87	32.43	16.65
Short-Term Investments	-	-	3	-	-	-
Trading Asset Securities	3.79	-	0.06	0.06	2.82	3.09
Cash & Short-Term Investments	16.84	20.44	26.13	43.94	35.25	19.74
Cash Growth	-19.95%	-21.77%	-40.54%	24.64%	78.58%	6.50%
Accounts Receivable	121.47	51.41	44.58	32.55	53.19	80.99
Other Receivables	-	32.28	33.21	31.68	33.19	54.12
Receivables	121.47	83.69	77.79	64.22	86.38	135.11
Inventory	16.92	19.79	19.41	12.33	15.26	26.47
Prepaid Expenses	-	5.44	5.19	6.16	3.18	3.87
Other Current Assets	-	45.34	49.05	45.47	46.41	47.83
Total Current Assets	155.24	174.7	177.55	172.12	186.48	233.02
Property, Plant & Equipment	28.35	24.44	19.51	18.96	22.19	27.27
Long-Term Investments	0.87	0.55	0.46	0.53	0.53	0.56
Long-Term Accounts Receivable	25.36	22.98	15.47	15.03	17.96	26.47
Other Long-Term Assets	7.25	7.19	6.65	7.22	7.31	7.5
Total Assets	217.07	229.86	219.65	213.86	234.48	294.82
Accounts Payable	86.77	82.04	73.66	75.5	83.38	116.3
Short-Term Debt	13.84	11.97	15.5	12.7	17.73	30.54
Current Portion of Long-Term Debt	5.72	6.2	5.23	5.23	7.91	11.14
Current Portion of Leases	0.1	0.21	0.34	0.24	5.41	5.49
Current Income Taxes Payable	-	0.44	0.55	0.45	0.05	0.14
Current Unearned Revenue	5.72	9.16	3.61	10.18	21.54	9.76
Other Current Liabilities	-	10.59	14.11	12.12	11.86	29.23
Total Current Liabilities	112.15	120.62	113.01	116.42	147.87	202.59
Long-Term Debt	9.3	9.92	9.45	10.67	6.36	9.62
Long-Term Leases	0.26	0.14	0.25	0.51	1.06	1.32
Other Long-Term Liabilities	25.51	31.69	32.76	28.35	29.66	21.55
Total Liabilities	158.91	173.43	165.95	165.96	194.74	245.81
Common Stock	17.16	17.16	17.16	17.16	17.16	16.34
Additional Paid-In Capital	1.3	1.27	1.27	1.27	1.27	1.27
Retained Earnings	39.97	38.56	34.66	29.11	20.77	30.57
Treasury Stock	-0.33	-0.8	-0.24	-0.24	-0.24	-0.24
Comprehensive Income & Other	-0.55	-0.48	-0.39	-0.64	-0.59	-1.03
Total Common Equity	57.55	55.71	52.44	46.65	38.36	46.91
Minority Interest	0.61	0.73	1.26	1.24	1.38	2.1
Shareholders' Equity	58.16	56.44	53.71	47.89	39.74	49.01
Total Liabilities & Equity	217.07	229.86	219.65	213.86	234.48	294.82
Total Debt	29.21	28.45	30.77	29.35	38.47	58.11
Net Cash (Debt)	-12.37	-8.01	-4.64	14.59	-3.22	-38.37
Net Cash Per Share	-0.07	-0.05	-0.03	0.09	-0.02	-0.22
Filing Date Shares Outstanding	170.79	169.85	171.08	171.08	171.08	171.08
Total Common Shares Outstanding	170.79	169.85	171.08	171.08	171.08	171.08
Working Capital	43.09	54.08	64.55	55.69	38.61	30.43
Book Value Per Share	0.34	0.33	0.31	0.27	0.22	0.27
Tangible Book Value	57.55	55.71	52.44	46.65	38.36	46.91
Tangible Book Value Per Share	0.34	0.33	0.31	0.27	0.22	0.27
Land	-	7.45	7.29	6.46	6.44	6.43
Buildings	-	1.96	1.96	2.8	2.3	2
Machinery	-	73.1	66.64	67.31	68.8	72.02

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