Heavy Engineering Industries and Shipbuilding Company K.S.C.P. (KWSE:SHIP)

KWSE:SHIP 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	3.63	4.87	5.76	4.91	4.42
Cash & Short-Term Investments	3.63	4.87	5.76	4.91	4.42
Cash Growth	-25.35%	-15.52%	17.35%	11.12%	-19.01%
Accounts Receivable	98.67	81.93	87.12	77.3	85.93
Other Receivables	0.52	0.18	0.21	0.26	-0.1
Receivables	99.19	82.12	87.33	77.56	85.83
Inventory	15.47	13.74	10.79	10.31	21.32
Prepaid Expenses	2.09	2.53	1.15	0.92	1.06
Other Current Assets	2.83	3.13	1.64	2.25	1.53
Total Current Assets	123.21	106.39	106.67	95.94	114.16
Property, Plant & Equipment	78.37	74.3	64.26	57.53	61.43
Long-Term Investments	1.61	1.74	1.93	2.04	2.07
Long-Term Accounts Receivable	1.43	1.41	3.73	12.16	10.51
Total Assets	204.61	183.84	176.59	167.66	188.17
Accounts Payable	9.25	6.5	47.69	7.26	9.18
Accrued Expenses	6.88	6.88	-	7.19	9.02
Short-Term Debt	27.47	14.36	23.75	17.56	23.6
Current Portion of Long-Term Debt	11.58	10.05	10.41	9.66	9.51
Current Portion of Leases	0.86	0.86	0.1	0.12	0.06
Current Income Taxes Payable	0.3	0.36	-	-	-
Current Unearned Revenue	1.84	0.27	0.21	0.22	0.67
Other Current Liabilities	47.01	47.04	-	30.75	43.08
Total Current Liabilities	105.19	86.31	82.15	72.75	95.12
Long-Term Debt	1.9	0.96	2.73	6.78	9.89
Long-Term Leases	0.34	0.91	0.27	0.31	0.1
Other Long-Term Liabilities	1.1	1.87	2.43	2.95	1.1
Total Liabilities	127.04	109.81	105.79	98.86	122.1
Common Stock	18.02	18.02	18.02	18.02	18.02
Retained Earnings	59.08	55.42	52	49.89	47.12
Comprehensive Income & Other	0.46	0.59	0.78	0.89	0.93
Total Common Equity	77.57	74.03	70.8	68.8	66.07
Minority Interest	0.01	0	0	0	0
Shareholders' Equity	77.57	74.03	70.8	68.81	66.07
Total Liabilities & Equity	204.61	183.84	176.59	167.66	188.17
Total Debt	42.14	27.15	37.25	34.43	43.16
Net Cash (Debt)	-38.51	-22.28	-31.49	-29.52	-38.74
Net Cash Per Share	-0.21	-0.12	-0.17	-0.16	-0.21
Filing Date Shares Outstanding	180.24	180.24	180.24	180.24	180.24
Total Common Shares Outstanding	180.24	180.24	180.24	180.24	180.24
Working Capital	18.02	20.08	24.52	23.19	19.05
Book Value Per Share	0.43	0.41	0.39	0.38	0.37
Tangible Book Value	77.57	74.03	70.8	68.8	66.07
Tangible Book Value Per Share	0.43	0.41	0.39	0.38	0.37
Land	5.45	5.45	5.45	5.45	5.45
Buildings	23.33	23.08	24.29	24.39	24.45
Machinery	97.58	95.85	84.49	86.68	33.74
Construction In Progress	1.92	0.58	4.57	0.05	0.03
Order Backlog	603.07	456.42	317.01	181.02	209.17

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