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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	45.29	19.28	20.98	43.5	68.03	49.36
Cash & Short-Term Investments	45.29	19.28	20.98	43.5	68.03	49.36
Cash Growth	13.59%	-8.12%	-51.77%	-36.06%	37.83%	244.71%
Accounts Receivable	504.19	457.78	386.1	339.72	275.05	337.98
Other Receivables	0.1	0.07	-	1.45	1.45	-
Receivables	504.29	457.84	386.1	341.17	276.5	337.98
Inventory	309.4	260.95	207.39	205.69	134.27	88.61
Other Current Assets	-	-	6.49	6.49	6.77	6.99
Total Current Assets	858.98	738.07	620.96	596.84	485.57	482.93
Property, Plant & Equipment	135.79	138.54	133.44	138.78	153.01	160.62
Other Intangible Assets	4.88	4.99	3.2	3.35	3.62	3.49
Long-Term Accounts Receivable	39.91	40.81	13.53	29.1	23.95	26.73
Other Long-Term Assets	6.2	6.28	-	-	-	-
Total Assets	1,046	928.69	771.13	768.08	666.15	673.77
Accounts Payable	261.45	209.72	209.07	197.4	132.8	104.43
Accrued Expenses	48.04	52.54	45.96	36.28	29.9	25.02
Short-Term Debt	133.11	85.69	8.97	61.2	-	9.58
Current Portion of Long-Term Debt	-	-	-	37.64	37.64	21.82
Current Portion of Leases	0.91	0.94	0.7	0.9	0.87	0.87
Current Income Taxes Payable	35.94	31.69	28.13	47.16	27.23	30.93
Other Current Liabilities	36.04	41.78	50.23	30.33	32.71	15.78
Total Current Liabilities	515.49	422.36	343.05	410.91	261.15	208.43
Long-Term Debt	-	-	-	-	37.64	75.27
Long-Term Leases	5.81	5.73	6.44	6.8	7.25	7.72
Other Long-Term Liabilities	5.36	8.58	21.44	-	-	-
Total Liabilities	555.12	464.44	393.5	439.78	327.78	312.68
Common Stock	400	400	400	400	400	400
Retained Earnings	85.07	65.87	-25.13	-74.07	-62.28	-38.91
Comprehensive Income & Other	5.57	-1.61	2.77	2.36	0.65	-
Total Common Equity	490.64	464.25	377.64	328.3	338.37	361.09
Shareholders' Equity	490.64	464.25	377.64	328.3	338.37	361.09
Total Liabilities & Equity	1,046	928.69	771.13	768.08	666.15	673.77
Total Debt	139.84	92.36	16.11	106.54	83.4	115.26
Net Cash (Debt)	-94.55	-73.08	4.87	-63.04	-15.37	-65.9
Net Cash Per Share	-2.36	-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	343.48	315.72	277.91	185.93	224.42	274.5
Book Value Per Share	12.27	11.61	9.44	8.21	8.46	9.03
Tangible Book Value	485.77	459.26	374.43	324.95	334.75	357.6
Tangible Book Value Per Share	12.14	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 Nov 16, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.