Middle East Specialized Cables Company (TADAWUL:2370)

TADAWUL:2370 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	24.87	19.28	20.98	43.5	68.03	49.36
Cash & Short-Term Investments	24.87	19.28	20.98	43.5	68.03	49.36
Cash Growth	-30.21%	-8.12%	-51.77%	-36.06%	37.83%	244.71%
Accounts Receivable	603.8	457.78	386.1	339.72	275.05	337.98
Other Receivables	-	0.07	-	1.45	1.45	-
Receivables	603.8	457.84	386.1	341.17	276.5	337.98
Inventory	275.59	260.95	207.39	205.69	134.27	88.61
Other Current Assets	-	-	6.49	6.49	6.77	6.99
Total Current Assets	904.26	738.07	620.96	596.84	485.57	482.93
Property, Plant & Equipment	138.79	138.54	133.44	138.78	153.01	160.62
Other Intangible Assets	5.01	4.99	3.2	3.35	3.62	3.49
Long-Term Accounts Receivable	38.95	40.81	13.53	29.1	23.95	26.73
Other Long-Term Assets	6.12	6.28	-	-	-	-
Total Assets	1,093	928.69	771.13	768.08	666.15	673.77
Accounts Payable	198	209.72	209.07	197.4	132.8	104.43
Accrued Expenses	52.16	52.54	45.96	36.28	29.9	25.02
Short-Term Debt	223.15	85.69	8.97	61.2	-	9.58
Current Portion of Long-Term Debt	-	-	-	37.64	37.64	21.82
Current Portion of Leases	0.95	0.94	0.7	0.9	0.87	0.87
Current Income Taxes Payable	24.07	31.69	28.13	47.16	27.23	30.93
Other Current Liabilities	59.52	41.78	50.23	30.33	32.71	15.78
Total Current Liabilities	557.85	422.36	343.05	410.91	261.15	208.43
Long-Term Debt	-	-	-	-	37.64	75.27
Long-Term Leases	5.89	5.73	6.44	6.8	7.25	7.72
Other Long-Term Liabilities	2.14	8.58	21.44	-	-	-
Total Liabilities	594.34	464.44	393.5	439.78	327.78	312.68
Common Stock	400	400	400	400	400	400
Retained Earnings	94.97	65.87	-25.13	-74.07	-62.28	-38.91
Comprehensive Income & Other	3.82	-1.61	2.77	2.36	0.65	-
Total Common Equity	498.79	464.25	377.64	328.3	338.37	361.09
Shareholders' Equity	498.79	464.25	377.64	328.3	338.37	361.09
Total Liabilities & Equity	1,093	928.69	771.13	768.08	666.15	673.77
Total Debt	229.99	92.36	16.11	106.54	83.4	115.26
Net Cash (Debt)	-205.12	-73.08	4.87	-63.04	-15.37	-65.9
Net Cash Per Share	-5.13	-1.83	0.12	-1.58	-0.38	-1.65
Filing Date Shares Outstanding	40	40	40	40	40	40
Total Common Shares Outstanding	40	40	40	40	40	40
Working Capital	346.41	315.72	277.91	185.93	224.42	274.5
Book Value Per Share	12.47	11.61	9.44	8.21	8.46	9.03
Tangible Book Value	493.78	459.26	374.43	324.95	334.75	357.6
Tangible Book Value Per Share	12.34	11.48	9.36	8.12	8.37	8.94
Land	-	6.1	8.46	8.46	8.46	8.46
Buildings	-	137.13	135.6	134.1	133.6	133.34
Machinery	-	404.85	387.48	382.32	379.15	371.52
Construction In Progress	-	19.59	11.95	6.54	7.66	4.89

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.