Saudi Steel Pipes Company (TADAWUL:1320)

Saudi Steel Pipes Company Balance Sheet

Financials in millions SAR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	132.85	176.22	209.17	79.33	99.37	149.05
Cash & Short-Term Investments	132.85	176.22	209.17	79.33	99.37	149.05
Cash Growth	27.61%	-15.75%	163.66%	-20.16%	-33.34%	277.29%
Accounts Receivable	245.16	315.37	89.65	100.5	127.05	143.73
Other Receivables	15.75	13.5	16.6	11.3	1.75	5.04
Receivables	261.79	329.49	106.87	111.8	128.8	148.78
Inventory	443.03	453.04	639.19	254.31	118.23	127.14
Prepaid Expenses	17.7	17.78	8.62	2.93	2.65	2.47
Total Current Assets	855.37	976.53	963.84	448.37	349.04	427.44
Property, Plant & Equipment	832.42	1,027	1,066	459.68	498.51	552.54
Long-Term Investments	-	-	-	114.14	104.97	110.19
Other Intangible Assets	5.73	4.12	0.09	0.15	1.99	3.7
Long-Term Deferred Tax Assets	5.3	6.87	11.71	12.86	13.7	11.24
Total Assets	1,700	2,016	2,044	1,038	972.01	1,110
Accounts Payable	80.92	165.42	276.09	148.7	138.76	145.49
Accrued Expenses	57.3	51.85	55.85	32.99	22.89	26.9
Short-Term Debt	306.33	377.61	204.8	-	59.45	83.03
Current Portion of Long-Term Debt	36.31	118.5	181.39	123.97	123.42	204.63
Current Portion of Leases	3.38	3.84	2.34	1.07	1.66	1.12
Current Income Taxes Payable	9.99	9.08	20.03	9.19	2.16	0.65
Other Current Liabilities	49.84	98.18	187.41	8.39	19.26	4.51
Total Current Liabilities	544.06	824.48	927.91	324.3	367.6	466.33
Long-Term Debt	7.06	42.83	142.28	99.34	44.48	78.63
Long-Term Leases	6.31	6.39	7.92	4.33	5.19	6.87
Pension & Post-Retirement Benefits	41.79	39.47	42.49	29.96	29.54	34.69
Other Long-Term Liabilities	-	-	30	30	30	30.63
Total Liabilities	599.21	913.17	1,151	487.92	476.8	617.16
Common Stock	510	510	510	510	510	510
Additional Paid-In Capital	4.51	4.51	4.51	4.51	4.51	4.51
Retained Earnings	316.21	368.51	225.38	52.33	-1.88	-2.81
Treasury Stock	-11.5	-11.5	-11.5	-11.5	-11.5	-11.5
Comprehensive Income & Other	-9.07	-9.07	-6.52	-4.82	-5.93	-7.01
Total Common Equity	810.15	862.45	721.87	550.52	495.2	493.18
Minority Interest	290.88	240.62	172	-	-	-
Shareholders' Equity	1,101	1,103	893.87	550.52	495.2	493.18
Total Liabilities & Equity	1,700	2,016	2,044	1,038	972.01	1,110
Total Debt	359.38	549.17	538.72	228.7	234.19	374.28
Net Cash (Debt)	-226.53	-372.96	-329.56	-149.36	-134.82	-225.23
Net Cash Per Share	-4.44	-7.31	-6.46	-2.93	-2.67	-4.46
Filing Date Shares Outstanding	50.54	50.54	50.54	50.54	50.54	50.54
Total Common Shares Outstanding	50.54	50.54	50.54	50.54	50.54	50.54
Working Capital	311.32	152.05	35.92	124.08	-18.55	-38.89
Book Value Per Share	16.03	17.06	14.28	10.89	9.80	9.76
Tangible Book Value	804.42	858.34	721.78	550.37	493.21	489.49
Tangible Book Value Per Share	15.92	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.