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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	883.39	432.28	190.83	232.86	234.33	119.6
Cash & Short-Term Investments	982.84	432.28	190.83	232.86	234.33	119.6
Cash Growth	14.20%	126.53%	-18.05%	-0.63%	95.93%	-8.61%
Accounts Receivable	1,522	1,234	490.36	434.31	385.86	177.68
Other Receivables	4.6	5.1	9.84	34.28	13.51	14.15
Receivables	1,526	1,239	500.2	468.59	399.37	191.84
Inventory	480.6	331.89	184.27	148.47	178.53	44.82
Prepaid Expenses	480.92	352.31	644.26	300.93	272.14	3.98
Other Current Assets	-	-	49.66	-	-	14.4
Total Current Assets	3,471	2,356	1,569	1,151	1,084	374.63
Property, Plant & Equipment	17,319	16,793	12,579	5,423	3,868	1,011
Long-Term Investments	25.71	51.52	32.42	6.92	11.85	4.14
Other Intangible Assets	4.01	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	236.77	221.37	319.99	1.8	5.68	2.86
Total Assets	21,056	19,422	14,501	6,692	5,190	1,432
Accounts Payable	1,378	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	43.24	44.94	170.07	196.49	48.39	24.86
Current Portion of Long-Term Debt	1,124	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	63.01	30.22	10.49	30.97	35.6	9.98
Current Unearned Revenue	366.02	287.75	-	-	-	-
Other Current Liabilities	243.77	88.09	97.41	99.03	52.56	11.15
Total Current Liabilities	3,218	3,147	2,160	977.22	956.34	284.31
Long-Term Debt	10,153	9,170	9,575	3,638	2,337	642.1
Long-Term Leases	402.15	487.36	270.13	38.41	52.35	13.32
Long-Term Unearned Revenue	752.19	579.91	70.17	26.73	65.29	11.75
Long-Term Deferred Tax Liabilities	80.42	61.33	44.04	-	-	-
Other Long-Term Liabilities	-	0.73	4.68	5.75	13.88	10.99
Total Liabilities	14,833	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	2,149	1,722	1,302	1,050	952.17	225.63
Treasury Stock	-30.06	-33.87	-	-	-	-3.5
Comprehensive Income & Other	55.15	41.15	61.77	-13.13	-26.2	-1.33
Total Common Equity	6,194	5,748	2,222	1,894	1,667	443.34
Minority Interest	29.5	28.67	36.35	29.53	35.32	9.39
Shareholders' Equity	6,223	5,777	2,258	1,923	1,702	452.72
Total Liabilities & Equity	21,056	19,422	14,501	6,692	5,190	1,432
Total Debt	11,723	10,994	10,927	4,103	2,753	753.4
Net Cash (Debt)	-10,740	-10,561	-10,737	-3,871	-2,519	-633.8
Net Cash Per Share	-9.73	-14.02	-	-	-	-14.48
Filing Date Shares Outstanding	1,099	1,095	-	-	41.25	43.49
Total Common Shares Outstanding	1,099	1,095	-	-	41.25	43.49
Working Capital	252.76	-791.66	-591.27	173.64	128.04	90.32
Book Value Per Share	5.64	5.25	-	-	40.40	10.19
Tangible Book Value	6,189	5,748	2,222	1,893	1,666	442.99
Tangible Book Value Per Share	5.63	5.25	-	-	40.37	10.19
Land	58.48	58.48	58.48	58.48	-	-
Buildings	38.89	20.08	-	-	-	-
Machinery	639.48	533.56	424.23	329.42	245.31	45.44
Construction In Progress	235.06	2,944	3,926	130.41	310.78	79.91
Leasehold Improvements	691.68	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.