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 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	104.1	209.17	79.33	99.37	149.05	39.51
Cash & Short-Term Investments	104.1	209.17	79.33	99.37	149.05	39.51
Cash Growth	-40.39%	163.66%	-20.16%	-33.34%	277.29%	49.09%
Accounts Receivable	286.65	89.65	100.5	127.05	143.73	208.98
Other Receivables	18.41	17.22	11.3	1.75	5.04	5.34
Receivables	306.19	106.87	111.8	128.8	148.78	214.32
Inventory	275.57	639.19	254.31	118.23	127.14	150.07
Prepaid Expenses	-	8.62	2.93	2.65	2.47	9.31
Total Current Assets	700.85	963.84	448.37	349.04	427.44	413.2
Property, Plant & Equipment	1,040	1,066	459.68	498.51	552.54	581.42
Long-Term Investments	-	-	114.14	104.97	110.19	105.42
Other Intangible Assets	4.76	0.09	0.15	1.99	3.7	2.77
Long-Term Deferred Tax Assets	9.22	11.71	12.86	13.7	11.24	8.7
Total Assets	1,758	2,044	1,038	972.01	1,110	1,119
Accounts Payable	137.8	276.09	148.7	138.76	145.49	168.24
Accrued Expenses	76.77	73.21	32.99	22.89	26.9	24.96
Short-Term Debt	187.36	-	-	59.45	83.03	-
Current Portion of Long-Term Debt	127.09	386.19	123.97	123.42	204.63	227.46
Current Portion of Leases	3.25	2.34	1.07	1.66	1.12	0.63
Current Income Taxes Payable	14.12	20.03	9.19	2.16	0.65	-
Other Current Liabilities	36.53	170.05	8.39	19.26	4.51	16.57
Total Current Liabilities	582.91	927.91	324.3	367.6	466.33	437.85
Long-Term Debt	54.04	142.28	99.34	44.48	78.63	59.8
Long-Term Leases	7.05	7.92	4.33	5.19	6.87	6.98
Other Long-Term Liabilities	-	30	30	30	30.63	30.65
Total Liabilities	688.78	1,151	487.92	476.8	617.16	590.84
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	345.86	225.38	52.33	-1.88	-2.81	31.67
Treasury Stock	-11.5	-11.5	-11.5	-11.5	-11.5	-11.5
Comprehensive Income & Other	-6.52	-6.52	-4.82	-5.93	-7.01	-6.62
Total Common Equity	842.36	721.87	550.52	495.2	493.18	528.06
Minority Interest	226.53	172	-	-	-	-
Shareholders' Equity	1,069	893.87	550.52	495.2	493.18	528.06
Total Liabilities & Equity	1,758	2,044	1,038	972.01	1,110	1,119
Total Debt	378.78	538.72	228.7	234.19	374.28	294.87
Net Cash (Debt)	-274.68	-329.56	-149.36	-134.82	-225.23	-255.36
Net Cash Per Share	-5.39	-6.46	-2.93	-2.67	-4.46	-5.01
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	117.94	35.92	124.08	-18.55	-38.89	-24.65
Book Value Per Share	16.67	14.28	10.89	9.80	9.76	10.45
Tangible Book Value	837.6	721.78	550.37	493.21	489.49	525.29
Tangible Book Value Per Share	16.57	14.28	10.89	9.76	9.68	10.39
Land	-	164	157.85	157.85	157.85	157.85
Buildings	-	417.72	207.67	207.88	220.75	246
Machinery	-	1,057	613.31	613.19	633.7	670.87
Construction In Progress	-	235.05	-	0.65	2.72	-

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