ADES Holding Company (TADAWUL:2382)

ADES Holding 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	296.23	744.19	432.28	190.83	232.86	234.33
Short-Term Investments	98.17	102.94	-	-	-	-
Cash & Short-Term Investments	394.4	847.12	432.28	190.83	232.86	234.33
Cash Growth	-16.90%	95.97%	126.53%	-18.05%	-0.63%	-47.77%
Accounts Receivable	1,262	1,383	1,234	490.36	434.31	385.86
Other Receivables	1.22	1.22	5.11	9.84	34.28	13.51
Receivables	1,263	1,384	1,239	500.2	468.59	399.37
Inventory	562.58	527.27	331.89	184.27	148.47	178.53
Prepaid Expenses	608.68	502.39	352.32	644.26	300.93	272.14
Other Current Assets	-	-	-	49.66	-	-
Total Current Assets	2,829	3,261	2,356	1,569	1,151	1,084
Property, Plant & Equipment	18,186	18,062	16,793	12,579	5,423	3,868
Long-Term Investments	68.05	87.27	51.52	32.42	6.92	11.85
Other Intangible Assets	3.7	3.96	0.35	0.55	1.04	1.26
Long-Term Accounts Receivable	-	-	-	-	105.65	215.27
Long-Term Deferred Tax Assets	-	-	-	-	3.11	3.16
Other Long-Term Assets	238.52	215.19	221.37	319.99	1.8	5.68
Total Assets	21,325	21,629	19,422	14,501	6,692	5,190
Accounts Payable	1,253	736.58	1,092	742.61	262.44	318.62
Accrued Expenses	-	384.71	424.5	228.17	157.54	186.12
Short-Term Debt	51.63	44.96	44.94	170.07	196.49	48.39
Current Portion of Long-Term Debt	1,265	1,286	1,135	805.19	212.3	299.12
Current Portion of Leases	-	43.24	44.82	106.55	18.45	15.92
Current Income Taxes Payable	96.67	82.47	30.22	10.49	30.97	35.6
Current Unearned Revenue	262.78	358.98	287.75	-	-	-
Other Current Liabilities	7.19	113.07	88.09	97.41	99.03	52.56
Total Current Liabilities	2,936	3,050	3,147	2,160	977.22	956.34
Long-Term Debt	10,560	10,725	9,170	9,575	3,638	2,337
Long-Term Leases	376.42	352.37	487.36	270.13	38.41	52.35
Long-Term Unearned Revenue	687.25	679.96	579.91	70.17	26.73	65.29
Long-Term Deferred Tax Liabilities	103.25	94.07	61.33	44.04	-	-
Other Long-Term Liabilities	195.57	29.43	0.73	4.68	5.75	13.88
Total Liabilities	14,858	15,091	13,646	12,243	4,769	3,487
Common Stock	1,129	1,129	1,129	1	-	-
Additional Paid-In Capital	2,890	2,890	2,890	857.09	857.09	740.82
Retained Earnings	2,399	2,447	1,722	1,302	1,050	952.17
Treasury Stock	-28.13	-28.13	-33.87	-	-	-
Comprehensive Income & Other	28.83	54.67	41.15	61.77	-13.13	-26.2
Total Common Equity	6,419	6,493	5,748	2,222	1,894	1,667
Minority Interest	47.72	45.19	28.67	36.35	29.53	35.32
Shareholders' Equity	6,467	6,538	5,777	2,258	1,923	1,702
Total Liabilities & Equity	21,325	21,629	19,422	14,501	6,692	5,190
Total Debt	12,253	12,452	10,882	10,927	4,103	2,753
Net Cash (Debt)	-11,859	-11,605	-10,450	-10,737	-3,871	-2,519
Net Cash Per Share	-10.79	-10.58	-13.87	-	-	-
Filing Date Shares Outstanding	1,101	1,101	1,095	-	-	41.25
Total Common Shares Outstanding	1,101	1,101	1,095	-	-	41.25
Working Capital	-107.28	210.14	-791.66	-591.27	173.64	128.04
Book Value Per Share	5.83	5.90	5.25	-	-	40.40
Tangible Book Value	6,415	6,489	5,748	2,222	1,893	1,666
Tangible Book Value Per Share	5.83	5.89	5.25	-	-	40.37
Land	58.48	58.48	58.48	58.48	58.48	-
Buildings	34.45	34.45	20.08	-	-	-
Machinery	703.82	668.07	533.56	424.23	329.42	245.31
Construction In Progress	724.44	458.95	2,944	3,926	130.41	310.78
Leasehold Improvements	695.03	694.33	636.23	2.6	2.6	1.97
Order Backlog	-	-	-	27,400	6,700	3,500

Source: S&P Global Market Intelligence. Standard template. Financial Sources.