ADES Holding Company (TADAWUL: 2382)

ADES Holding 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	768.15	432.28	190.83	232.86	234.33	119.6
Cash & Short-Term Investments	870.53	432.28	190.83	232.86	234.33	119.6
Cash Growth	21.00%	126.53%	-18.05%	-0.63%	95.93%	-8.61%
Accounts Receivable	1,198	1,234	490.36	434.31	385.86	177.68
Other Receivables	5.11	5.1	9.84	34.28	13.51	14.15
Receivables	1,203	1,239	500.2	468.59	399.37	191.84
Inventory	417.92	331.89	184.27	148.47	178.53	44.82
Prepaid Expenses	-	352.31	644.26	300.93	272.14	3.98
Other Current Assets	434.28	-	49.66	-	-	14.4
Total Current Assets	2,926	2,356	1,569	1,151	1,084	374.63
Property, Plant & Equipment	17,322	16,793	12,579	5,423	3,868	1,011
Long-Term Investments	-	51.52	32.42	6.92	11.85	4.14
Other Intangible Assets	3.7	0.35	0.55	1.04	1.26	0.35
Long-Term Accounts Receivable	-	-	-	105.65	215.27	38.95
Long-Term Deferred Tax Assets	-	-	-	3.11	3.16	-
Other Long-Term Assets	309.02	221.37	319.99	1.8	5.68	2.86
Total Assets	20,561	19,422	14,501	6,692	5,190	1,432
Accounts Payable	1,292	1,092	742.61	262.44	318.62	114.6
Accrued Expenses	-	312.85	228.17	157.54	186.12	50.6
Short-Term Debt	1,070	44.94	170.07	196.49	48.39	24.86
Current Portion of Long-Term Debt	-	1,135	805.19	212.3	299.12	64.33
Current Portion of Leases	-	156.47	106.55	18.45	15.92	8.79
Current Income Taxes Payable	42.29	30.22	10.49	30.97	35.6	9.98
Current Unearned Revenue	354.92	287.75	-	-	-	-
Other Current Liabilities	7.68	88.09	97.41	99.03	52.56	11.15
Total Current Liabilities	2,767	3,147	2,160	977.22	956.34	284.31
Long-Term Debt	9,956	9,170	9,575	3,638	2,337	642.1
Long-Term Leases	430	487.36	270.13	38.41	52.35	13.32
Long-Term Unearned Revenue	803.08	579.91	70.17	26.73	65.29	11.75
Long-Term Deferred Tax Liabilities	71.1	61.33	44.04	-	-	-
Other Long-Term Liabilities	221.16	0.73	4.68	5.75	13.88	10.99
Total Liabilities	14,249	13,646	12,243	4,769	3,487	978.84
Common Stock	1,129	1,129	1	-	-	43.79
Additional Paid-In Capital	2,890	2,890	857.09	857.09	740.82	178.75
Retained Earnings	2,152	1,722	1,302	1,050	952.17	225.63
Treasury Stock	-32.05	-33.87	-	-	-	-3.5
Comprensive Income & Other	136.14	41.15	61.77	-13.13	-26.2	-1.33
Total Common Equity	6,276	5,748	2,222	1,894	1,667	443.34
Minority Interest	35.81	28.67	36.35	29.53	35.32	9.39
Shareholders' Equity	6,312	5,777	2,258	1,923	1,702	452.72
Total Liabilities & Equity	20,561	19,422	14,501	6,692	5,190	1,432
Total Debt	11,457	10,994	10,927	4,103	2,753	753.4
Net Cash (Debt)	-10,586	-10,561	-10,737	-3,871	-2,519	-633.8
Net Cash Per Share	-10.10	-14.02	-	-	-	-14.48
Filing Date Shares Outstanding	1,103	1,095	-	-	41.25	43.49
Total Common Shares Outstanding	1,103	1,095	-	-	41.25	43.49
Working Capital	158.66	-791.66	-591.27	173.64	128.04	90.32
Book Value Per Share	5.69	5.25	-	-	40.40	10.19
Tangible Book Value	6,272	5,748	2,222	1,893	1,666	442.99
Tangible Book Value Per Share	5.69	5.25	-	-	40.37	10.19
Land	-	58.48	58.48	58.48	-	-
Buildings	-	20.08	-	-	-	-
Machinery	-	533.56	424.23	329.42	245.31	45.44
Construction In Progress	-	2,944	3,926	130.41	310.78	79.91
Leasehold Improvements	-	636.23	2.6	2.6	1.97	0.69
Order Backlog	-	-	27,400	6,700	3,500	-

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