Najran Cement Company (TADAWUL: 3002)

Najran Cement 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	14.31	16.02	39.31	82.09	171.57	22.15
Cash & Short-Term Investments	14.31	16.02	39.31	82.09	171.57	22.15
Cash Growth	30.21%	-59.26%	-52.11%	-52.15%	674.51%	84.23%
Accounts Receivable	23.13	21.08	28.67	28.22	30.36	33.47
Other Receivables	-	6.8	8.52	5.5	11.97	4.22
Receivables	23.13	27.87	37.19	33.72	42.33	37.69
Inventory	434.15	408.2	323.43	269.33	282.25	322.88
Prepaid Expenses	24.58	9.78	9.05	10.22	8.66	9.76
Other Current Assets	-	13.71	33.32	27.01	26.16	5.83
Total Current Assets	496.17	475.58	442.3	422.36	530.95	398.3
Property, Plant & Equipment	2,017	2,030	1,963	1,963	1,984	2,085
Other Intangible Assets	-	-	-	4.09	4.07	4.08
Total Assets	2,513	2,506	2,406	2,390	2,519	2,487
Accounts Payable	54.94	44.84	45.79	44.74	45.03	26.05
Accrued Expenses	30.6	48.24	37.15	23.53	20.19	11.55
Short-Term Debt	30	-	-	-	-	-
Current Portion of Long-Term Debt	61.45	64.42	44.44	51.52	51.54	370.91
Current Portion of Leases	0.26	0.26	0.26	0.45	0.44	0.43
Current Income Taxes Payable	11.09	8.03	7.9	6.13	8.72	19.24
Current Unearned Revenue	5.75	6.49	5.09	5.16	6.47	4.23
Other Current Liabilities	1.45	9.21	9.88	22.25	12.47	5.79
Total Current Liabilities	195.54	181.48	150.51	153.78	144.86	438.2
Long-Term Debt	235.39	274.06	235.65	227.5	278.5	30
Long-Term Leases	2.1	2.1	2.36	5.6	6.05	6.49
Other Long-Term Liabilities	1.11	1.05	1.05	-	-	-
Total Liabilities	481.87	503.95	429.79	423.73	462.84	503.91
Common Stock	1,700	1,700	1,700	1,700	1,700	1,700
Retained Earnings	330.82	301.78	275.81	265.82	355.92	283.54
Shareholders' Equity	2,031	2,002	1,976	1,966	2,056	1,984
Total Liabilities & Equity	2,513	2,506	2,406	2,390	2,519	2,487
Total Debt	329.2	340.84	282.71	285.06	336.53	407.82
Net Cash (Debt)	-314.89	-324.82	-243.4	-202.97	-164.96	-385.67
Net Cash Per Share	-1.85	-1.91	-1.43	-1.19	-0.97	-2.27
Filing Date Shares Outstanding	170	170	170	170	170	170
Total Common Shares Outstanding	170	170	170	170	170	170
Working Capital	300.63	294.1	291.79	268.58	386.09	-39.89
Book Value Per Share	11.95	11.78	11.62	11.56	12.09	11.67
Tangible Book Value	2,031	2,002	1,976	1,962	2,052	1,979
Tangible Book Value Per Share	11.95	11.78	11.62	11.54	12.07	11.64
Land	-	2.56	2.56	2.56	2.56	2.56
Buildings	-	1,163	1,163	1,163	1,163	1,163
Machinery	-	2,177	2,032	1,984	1,932	1,921
Construction In Progress	-	-	0.22	0.22	0.31	1.63

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