Arad Investment & Industrial Development Ltd. (TLV: ARAD)

ARAD Balance Sheet

Financials in millions ILS. 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	336.91	368.36	1,075	1,328	1,316	811.84
Short-Term Investments	11.56	10.02	39.55	89.58	51.4	111.3
Cash & Short-Term Investments	348.47	378.37	1,115	1,418	1,367	923.14
Cash Growth	-47.59%	-66.05%	-21.39%	3.69%	48.12%	110.28%
Accounts Receivable	809.91	741.12	705.56	609.26	678.57	682.69
Other Receivables	169.39	32.86	95.8	176.19	176.31	126.28
Receivables	979.3	773.98	801.36	785.45	854.88	808.97
Inventory	57.78	78.15	177.46	136.26	226.84	221.19
Prepaid Expenses	-	108.86	89.31	60.62	49.13	41.82
Restricted Cash	-	-	3.06	2.83	2.45	2.44
Other Current Assets	-	9,541	47	81.63	104.4	15.26
Total Current Assets	1,386	10,881	2,233	2,485	2,605	2,013
Property, Plant & Equipment	429.09	200.44	422.91	343.66	241.43	179.82
Long-Term Investments	53.3	70.58	66.16	43.1	41.86	41.02
Goodwill	-	270.48	247.3	217.48	213.32	151.02
Other Intangible Assets	480.14	208.15	191.86	179.36	170.91	128.43
Long-Term Deferred Tax Assets	48.08	34.66	37.45	24.13	73.76	20.52
Other Long-Term Assets	10	10.37	8,094	7,470	6,624	6,413
Total Assets	2,406	11,675	11,293	10,762	9,970	8,947
Accounts Payable	402.33	372.36	290.56	292.28	265.82	224.65
Accrued Expenses	-	309.29	347.87	331.68	434.86	297.6
Short-Term Debt	267.67	30.6	184	23.66	69.78	133.39
Current Portion of Long-Term Debt	-	222.02	681.19	666.31	550.04	377.05
Current Portion of Leases	51.16	44.87	43.85	54.64	53.68	54.43
Current Income Taxes Payable	7.5	4.09	9.74	18.25	53	1.49
Current Unearned Revenue	-	-	-	8.22	15.35	12.95
Other Current Liabilities	245.34	4,801	127.47	28.39	67.75	71.8
Total Current Liabilities	974	5,784	1,685	1,423	1,510	1,173
Long-Term Debt	428.55	402.25	3,334	3,326	3,243	2,808
Long-Term Leases	263.34	31.79	33.38	38.37	32.59	38.06
Long-Term Deferred Tax Liabilities	13.29	16.31	942.23	888.3	814.33	732.73
Other Long-Term Liabilities	29.62	28.6	60.07	62.05	55.31	41.56
Total Liabilities	1,723	6,277	6,068	5,754	5,672	4,807
Common Stock	119.79	119.79	119.79	119.79	119.79	119.79
Retained Earnings	673.88	3,359	3,041	2,702	2,251	2,070
Treasury Stock	-447.18	-447.18	-299.18	-131.97	-131.97	-
Comprehensive Income & Other	-	113.42	128.69	206.86	213.58	202.25
Total Common Equity	460.22	3,145	2,990	2,896	2,452	2,392
Minority Interest	222.91	2,254	2,235	2,112	1,847	1,748
Shareholders' Equity	683.12	5,398	5,224	5,008	4,298	4,140
Total Liabilities & Equity	2,406	11,675	11,293	10,762	9,970	8,947
Total Debt	1,011	731.53	4,276	4,109	3,949	3,411
Net Cash (Debt)	-662.25	-353.16	-3,161	-2,691	-2,582	-2,488
Net Cash Per Share	-100.39	-53.50	-456.92	-373.71	-351.62	-322.91
Filing Date Shares Outstanding	6.8	6.4	6.8	7.2	7.71	7.71
Total Common Shares Outstanding	6.8	6.4	6.8	7.2	7.71	7.71
Working Capital	411.56	5,097	548.13	1,061	1,095	839.46
Book Value Per Share	67.68	491.24	439.59	402.28	318.22	310.41
Tangible Book Value	-19.93	2,666	2,551	2,499	2,068	2,112
Tangible Book Value Per Share	-2.93	416.47	375.02	347.16	268.35	274.14
Land	-	117.8	324.54	260.78	138.45	57.39
Machinery	-	34.37	84.92	84.78	82.96	277.11
Construction In Progress	-	209.39	238.09	204.28	193.94	-

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