Arad Ltd. (TLV: ARD)

Arad Ltd. Balance Sheet

Financials in millions USD. 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	13.04	14.3	16.68	31.74	29.15	17.58
Trading Asset Securities	-	-	-	7.19	6.62	6.26
Cash & Short-Term Investments	13.04	14.3	16.68	38.93	35.77	23.84
Cash Growth	-13.62%	-14.26%	-57.15%	8.81%	50.05%	23.82%
Accounts Receivable	85.66	68.55	72.43	63.79	61	62.39
Other Receivables	13.11	8.08	7.42	4.65	4.38	6.15
Receivables	98.76	76.63	79.85	68.45	65.37	68.55
Inventory	156.13	158.18	134.88	95.41	95.58	94.68
Prepaid Expenses	-	2.24	1.76	1.83	1.4	1.47
Other Current Assets	-	1.66	1.32	1.49	1.69	0.83
Total Current Assets	267.93	253.01	234.49	206.11	199.82	189.36
Property, Plant & Equipment	62.04	62.02	51.07	42.89	44.88	47.68
Goodwill	12.15	12.14	11.63	12.25	13.22	12.21
Other Intangible Assets	8.53	8.36	9.47	11.49	13.49	13.8
Long-Term Accounts Receivable	-	1.51	1.77	3.06	4.3	4.33
Long-Term Deferred Tax Assets	5.63	6.02	3.76	3.63	3.88	2.86
Long-Term Deferred Charges	-	1.48	1.99	2.13	2.5	3.06
Other Long-Term Assets	8.87	3.51	3.71	3.71	3.62	1.82
Total Assets	365.14	348.05	317.88	285.26	285.7	275.13
Accounts Payable	56.95	53.42	61.29	39.83	36.75	38.95
Accrued Expenses	-	19.92	17.51	19.38	12.33	15.13
Short-Term Debt	46.86	24.09	21.04	5.78	14.68	10.9
Current Portion of Long-Term Debt	-	15.93	11.99	11.33	11.05	10.58
Current Portion of Leases	-	5.17	3.92	3.92	4.16	3.74
Current Income Taxes Payable	1.52	1.72	0.71	1.11	0.19	0.92
Current Unearned Revenue	-	3.11	2.45	1.91	2.05	2
Other Current Liabilities	42.55	15.41	13.26	20.87	13.36	12.25
Total Current Liabilities	147.87	138.76	132.18	104.12	94.57	94.47
Long-Term Debt	30.39	29.64	27.29	27.16	29.39	30.11
Long-Term Leases	16.73	16.37	13.44	11.51	12.51	14.06
Long-Term Unearned Revenue	-	-	-	0.05	0.13	0.21
Long-Term Deferred Tax Liabilities	1.8	2.12	2.43	2.82	3.59	3.91
Other Long-Term Liabilities	-	-	-	-	11.49	10.41
Total Liabilities	200.01	190.25	178.27	148.78	154.73	155.7
Common Stock	1.02	1.02	1.02	1.02	1.02	1.02
Additional Paid-In Capital	33.67	33.67	32.25	32.25	32.25	32.25
Retained Earnings	136.83	129.71	115.61	109.19	99.24	92.59
Comprehensive Income & Other	-7.67	-7.75	-10.07	-6.9	-2.4	-7.25
Total Common Equity	163.85	156.66	138.81	135.57	130.11	118.61
Minority Interest	1.28	1.15	0.81	0.92	0.86	0.82
Shareholders' Equity	165.13	157.8	139.61	136.49	130.97	119.43
Total Liabilities & Equity	365.14	348.05	317.88	285.26	285.7	275.13
Total Debt	93.98	91.2	77.68	59.69	71.79	69.39
Net Cash (Debt)	-80.94	-76.9	-61	-20.77	-36.02	-45.55
Net Cash Per Share	-3.27	-3.11	-2.47	-0.84	-1.46	-1.84
Filing Date Shares Outstanding	24.73	24.73	24.73	24.73	24.73	24.73
Total Common Shares Outstanding	24.73	24.73	24.73	24.73	24.73	24.73
Working Capital	120.06	114.25	102.31	101.99	105.25	94.89
Book Value Per Share	6.63	6.33	5.61	5.48	5.26	4.80
Tangible Book Value	143.18	136.16	117.71	111.83	103.4	92.59
Tangible Book Value Per Share	5.79	5.51	4.76	4.52	4.18	3.74
Land	-	13.83	9.55	8.95	8.93	8.73
Machinery	-	68.86	62.27	57.51	60.67	58.97
Leasehold Improvements	-	10.08	8.61	7.28	7.12	7.67

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