Arabian Drilling Company (TADAWUL: 2381)

Arabian Drilling 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	380.56	1,435	832.02	411.62	639.52	221.27
Short-Term Investments	-	-	1,000	-	-	-
Cash & Short-Term Investments	380.56	1,435	1,832	411.62	639.52	221.27
Cash Growth	-70.10%	-21.65%	345.08%	-35.64%	189.02%	180.66%
Accounts Receivable	1,095	1,004	746.31	636.85	470.68	955.89
Other Receivables	-	8.74	18.9	34.89	27.69	39.28
Receivables	1,095	1,012	765.21	671.74	498.37	995.16
Inventory	317.62	279.74	172.54	143.33	157.93	167.26
Prepaid Expenses	-	47.28	38.02	27.17	24.17	30.3
Other Current Assets	3.53	25.84	41.33	21.78	38.95	66.06
Total Current Assets	1,796	2,801	2,849	1,276	1,359	1,480
Property, Plant & Equipment	8,610	7,870	6,690	5,261	5,567	5,807
Other Intangible Assets	-	-	-	5.52	11.13	16.88
Long-Term Deferred Charges	-	-	15.03	2.38	4.97	22.46
Other Long-Term Assets	17.77	16.2	-	-	-	-
Total Assets	10,424	10,686	9,554	6,544	6,942	7,327
Accounts Payable	820.36	242.65	174.49	143.94	180.62	266.67
Accrued Expenses	-	482.45	401.54	297.88	281.14	328
Current Portion of Long-Term Debt	244.83	168.47	46.46	545.47	639.62	794.07
Current Portion of Leases	69.53	67.17	63.81	1.85	3.03	2.95
Current Income Taxes Payable	6.88	32.13	54.15	20.57	10.05	8.55
Current Unearned Revenue	97.04	94.31	60.22	8.46	36.54	62.47
Other Current Liabilities	-	4.3	8.78	14.73	0.77	27.71
Total Current Liabilities	1,239	1,091	809.44	1,033	1,152	1,490
Long-Term Debt	2,696	2,886	2,481	840.06	1,377	1,735
Long-Term Leases	15.55	67.89	136.01	-	1.81	4.78
Long-Term Unearned Revenue	106.38	211.52	115.61	5.97	14.42	38.98
Long-Term Deferred Tax Liabilities	172.68	164.13	148.8	207.38	178.23	153.5
Other Long-Term Liabilities	-	-	-	15.19	53.51	29.1
Total Liabilities	4,554	4,725	3,964	2,352	3,030	3,700
Common Stock	890	890	890	22.58	22.58	22.58
Additional Paid-In Capital	790.68	790.68	790.68	97.42	97.42	97.42
Retained Earnings	4,187	4,281	3,909	4,076	3,807	3,520
Comprehensive Income & Other	1.57	-	-	-4.44	-15.13	-13.1
Shareholders' Equity	5,869	5,961	5,590	4,192	3,912	3,627
Total Liabilities & Equity	10,424	10,686	9,554	6,544	6,942	7,327
Total Debt	3,026	3,189	2,727	1,387	2,022	2,537
Net Cash (Debt)	-2,646	-1,754	-895.39	-975.76	-1,382	-2,316
Net Cash Per Share	-29.73	-19.70	-11.00	-12.20	-612.21	-28.95
Filing Date Shares Outstanding	89	89	89	2.26	2.26	80
Total Common Shares Outstanding	89	89	89	2.26	2.26	2.26
Working Capital	557.7	1,709	2,040	242.75	207.16	-10.35
Book Value Per Share	65.95	66.98	62.81	1856.41	1732.58	1606.16
Tangible Book Value	5,869	5,961	5,590	4,186	3,901	3,610
Tangible Book Value Per Share	65.95	66.98	62.81	1853.96	1727.65	1598.68
Land	88.24	88.24	88.24	88.24	88.24	88.24
Buildings	184.81	180.09	99.69	99.39	86.18	86.18
Machinery	14,517	13,592	11,547	11,083	11,154	10,616
Construction In Progress	1,281	985.19	1,364	131.52	142.31	193.43
Order Backlog	-	-	-	-	3,300	5,300

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