Saudi Arabian Oil Company (TADAWUL: 2222)

Saudi Arabian Oil 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	236,463	198,973	226,047	299,579	207,232	177,706
Short-Term Investments	23,974	185,592	282,120	28,588	7,627	45,467
Trading Asset Securities	-	734	734	9	-	294
Cash & Short-Term Investments	260,437	385,299	508,901	328,176	214,859	223,467
Cash Growth	-34.84%	-24.29%	55.07%	52.74%	-3.85%	21.51%
Accounts Receivable	222,684	213,302	219,000	181,731	114,163	130,322
Other Receivables	-	22,116	21,630	19,503	12,751	8,911
Receivables	222,684	236,736	241,745	202,322	127,998	140,081
Inventory	88,311	85,951	100,528	74,703	51,999	42,607
Prepaid Expenses	-	4,840	3,493	4,358	3,355	1,642
Other Current Assets	38,630	18,909	3,164	1,682	668	399
Total Current Assets	610,062	731,735	857,831	611,241	398,879	408,196
Property, Plant & Equipment	1,465,627	1,384,717	1,303,266	1,244,316	1,209,460	982,014
Long-Term Investments	103,900	103,448	98,954	93,720	88,837	39,694
Goodwill	101,262	101,010	100,603	100,188	100,204	1,077
Other Intangible Assets	66,343	63,544	58,725	60,480	64,343	29,045
Long-Term Accounts Receivable	-	1,540	918	925	966	440
Long-Term Deferred Tax Assets	18,456	20,560	18,093	14,969	15,280	12,728
Other Long-Term Assets	80,540	40,027	27,449	4,814	5,698	10,453
Total Assets	2,446,190	2,477,940	2,492,924	2,162,690	1,914,261	1,494,126
Accounts Payable	166,286	99,923	97,110	87,067	54,390	60,943
Accrued Expenses	-	55,402	44,387	46,310	43,526	32,015
Short-Term Debt	18,363	19,615	10,205	17,351	60,085	12,660
Current Portion of Long-Term Debt	21,672	31,965	54,984	48,116	29,064	5,132
Current Portion of Leases	12,137	12,107	9,591	9,083	10,008	7,103
Current Income Taxes Payable	77,992	82,539	104,978	90,525	42,059	62,243
Other Current Liabilities	1,998	16,015	10,131	5,376	4,079	35,475
Total Current Liabilities	298,448	317,566	331,386	303,828	243,211	215,571
Long-Term Debt	201,485	181,257	275,307	398,263	393,353	116,859
Long-Term Leases	49,819	45,224	43,073	38,108	43,567	33,831
Long-Term Deferred Tax Liabilities	147,084	142,449	122,311	74,850	53,621	44,471
Other Long-Term Liabilities	30,764	28,205	27,777	26,244	25,208	15,985
Total Liabilities	755,327	740,848	826,777	882,022	813,167	447,891
Common Stock	90,000	90,000	75,000	60,000	60,000	60,000
Additional Paid-In Capital	26,981	26,981	26,981	26,981	26,981	26,981
Retained Earnings	1,375,232	1,417,474	1,345,892	1,024,443	901,273	949,758
Treasury Stock	-4,186	-1,362	-2,236	-2,828	-3,264	-3,750
Comprehensive Income & Other	1,419	1,514	3,279	4,661	5,858	2,076
Total Common Equity	1,489,446	1,534,607	1,448,916	1,113,257	990,848	1,035,065
Minority Interest	201,417	202,485	217,231	167,411	110,246	11,170
Shareholders' Equity	1,690,863	1,737,092	1,666,147	1,280,668	1,101,094	1,046,235
Total Liabilities & Equity	2,446,190	2,477,940	2,492,924	2,162,690	1,914,261	1,494,126
Total Debt	303,476	290,168	393,160	510,921	536,077	175,585
Net Cash (Debt)	-43,039	95,131	115,741	-182,745	-321,218	47,882
Net Cash Growth	-	-17.81%	-	-	-	-42.02%
Net Cash Per Share	-0.18	0.39	0.48	-0.76	-1.33	0.20
Filing Date Shares Outstanding	244,053	241,949	241,907	241,893	245,856	241,858
Total Common Shares Outstanding	244,053	241,949	241,907	241,893	245,856	241,858
Working Capital	311,614	414,169	526,445	307,413	155,668	192,625
Book Value Per Share	6.10	6.34	5.99	4.60	4.03	4.28
Tangible Book Value	1,321,841	1,370,053	1,289,588	952,589	826,301	1,004,943
Tangible Book Value Per Share	5.42	5.66	5.33	3.94	3.36	4.16
Land	54,465	52,179	50,738	53,099	52,464	-
Buildings	94,526	91,438	91,617	86,411	83,070	-
Machinery	1,071,997	1,000,289	958,062	897,597	845,946	82,726
Construction In Progress	329,135	305,724	262,903	246,175	242,450	291,482

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