Saudi Steel Pipes Company (TADAWUL:1320)

Saudi Steel Pipes Company Balance Sheet

Financials in millions SAR. 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	176.22	209.17	79.33	99.37	149.05
Cash & Short-Term Investments	176.22	209.17	79.33	99.37	149.05
Cash Growth	-15.75%	163.66%	-20.16%	-33.34%	277.29%
Accounts Receivable	315.37	89.65	100.5	127.05	143.73
Other Receivables	13.5	16.6	11.3	1.75	5.04
Receivables	329.49	106.87	111.8	128.8	148.78
Inventory	453.04	639.19	254.31	118.23	127.14
Prepaid Expenses	17.78	8.62	2.93	2.65	2.47
Total Current Assets	976.53	963.84	448.37	349.04	427.44
Property, Plant & Equipment	1,027	1,066	459.68	498.51	552.54
Long-Term Investments	-	-	114.14	104.97	110.19
Other Intangible Assets	4.12	0.09	0.15	1.99	3.7
Long-Term Deferred Tax Assets	6.87	11.71	12.86	13.7	11.24
Total Assets	2,016	2,044	1,038	972.01	1,110
Accounts Payable	165.42	276.09	148.7	138.76	145.49
Accrued Expenses	51.85	55.85	32.99	22.89	26.9
Short-Term Debt	377.61	204.8	-	59.45	83.03
Current Portion of Long-Term Debt	118.5	181.39	123.97	123.42	204.63
Current Portion of Leases	3.84	2.34	1.07	1.66	1.12
Current Income Taxes Payable	9.08	20.03	9.19	2.16	0.65
Other Current Liabilities	98.18	187.41	8.39	19.26	4.51
Total Current Liabilities	824.48	927.91	324.3	367.6	466.33
Long-Term Debt	42.83	142.28	99.34	44.48	78.63
Long-Term Leases	6.39	7.92	4.33	5.19	6.87
Other Long-Term Liabilities	-	30	30	30	30.63
Total Liabilities	913.17	1,151	487.92	476.8	617.16
Common Stock	510	510	510	510	510
Additional Paid-In Capital	4.51	4.51	4.51	4.51	4.51
Retained Earnings	368.51	225.38	52.33	-1.88	-2.81
Treasury Stock	-11.5	-11.5	-11.5	-11.5	-11.5
Comprehensive Income & Other	-9.07	-6.52	-4.82	-5.93	-7.01
Total Common Equity	862.45	721.87	550.52	495.2	493.18
Minority Interest	240.62	172	-	-	-
Shareholders' Equity	1,103	893.87	550.52	495.2	493.18
Total Liabilities & Equity	2,016	2,044	1,038	972.01	1,110
Total Debt	549.17	538.72	228.7	234.19	374.28
Net Cash (Debt)	-372.96	-329.56	-149.36	-134.82	-225.23
Net Cash Per Share	-7.31	-6.46	-2.93	-2.67	-4.46
Filing Date Shares Outstanding	50.54	50.54	50.54	50.54	50.54
Total Common Shares Outstanding	50.54	50.54	50.54	50.54	50.54
Working Capital	152.05	35.92	124.08	-18.55	-38.89
Book Value Per Share	17.06	14.28	10.89	9.80	9.76
Tangible Book Value	858.34	721.78	550.37	493.21	489.49
Tangible Book Value Per Share	16.98	14.28	10.89	9.76	9.68
Land	164	164	157.85	157.85	157.85
Buildings	439.32	417.72	207.67	207.88	220.75
Machinery	1,303	1,057	613.31	613.19	633.7
Construction In Progress	2.21	235.05	-	0.65	2.72

Updated Nov 16, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.