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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	127.44	176.22	209.17	79.33	99.37	149.05
Cash & Short-Term Investments	127.44	176.22	209.17	79.33	99.37	149.05
Cash Growth	25.31%	-15.75%	163.66%	-20.16%	-33.34%	277.29%
Accounts Receivable	258.97	315.37	89.65	100.5	127.05	143.73
Other Receivables	17.92	13.5	16.6	11.3	1.75	5.04
Receivables	277.79	329.49	106.87	111.8	128.8	148.78
Inventory	303.94	453.04	639.19	254.31	118.23	127.14
Prepaid Expenses	20.12	17.78	8.62	2.93	2.65	2.47
Total Current Assets	729.3	976.53	963.84	448.37	349.04	427.44
Property, Plant & Equipment	845.29	1,027	1,066	459.68	498.51	552.54
Long-Term Investments	-	-	-	114.14	104.97	110.19
Other Intangible Assets	6.3	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	1,587	2,016	2,044	1,038	972.01	1,110
Accounts Payable	88.9	165.42	276.09	148.7	138.76	145.49
Accrued Expenses	68.19	51.85	55.85	32.99	22.89	26.9
Short-Term Debt	201.52	377.61	204.8	-	59.45	83.03
Current Portion of Long-Term Debt	50.55	118.5	181.39	123.97	123.42	204.63
Current Portion of Leases	3.16	3.84	2.34	1.07	1.66	1.12
Current Income Taxes Payable	9.41	9.08	20.03	9.19	2.16	0.65
Other Current Liabilities	36.03	98.18	187.41	8.39	19.26	4.51
Total Current Liabilities	457.77	824.48	927.91	324.3	367.6	466.33
Long-Term Debt	16.36	42.83	142.28	99.34	44.48	78.63
Long-Term Leases	7.2	6.39	7.92	4.33	5.19	6.87
Other Long-Term Liabilities	-	-	30	30	30	30.63
Total Liabilities	522.46	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	289.93	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	783.87	862.45	721.87	550.52	495.2	493.18
Minority Interest	281.11	240.62	172	-	-	-
Shareholders' Equity	1,065	1,103	893.87	550.52	495.2	493.18
Total Liabilities & Equity	1,587	2,016	2,044	1,038	972.01	1,110
Total Debt	278.79	549.17	538.72	228.7	234.19	374.28
Net Cash (Debt)	-151.34	-372.96	-329.56	-149.36	-134.82	-225.23
Net Cash Per Share	-2.97	-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	271.53	152.05	35.92	124.08	-18.55	-38.89
Book Value Per Share	15.51	17.06	14.28	10.89	9.80	9.76
Tangible Book Value	777.57	858.34	721.78	550.37	493.21	489.49
Tangible Book Value Per Share	15.38	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.