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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	17.08	14.3	16.68	31.74	29.15	17.58
Trading Asset Securities	-	-	-	7.19	6.62	6.26
Cash & Short-Term Investments	17.08	14.3	16.68	38.93	35.77	23.84
Cash Growth	8.71%	-14.26%	-57.15%	8.81%	50.05%	23.82%
Accounts Receivable	84.47	68.55	72.43	63.79	61	62.39
Other Receivables	12.03	8.08	7.42	4.65	4.38	6.15
Receivables	96.5	76.63	79.85	68.45	65.37	68.55
Inventory	149.26	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	0.02	1.66	1.32	1.49	1.69	0.83
Total Current Assets	262.85	253.01	234.49	206.11	199.82	189.36
Property, Plant & Equipment	61.5	62.02	51.07	42.89	44.88	47.68
Goodwill	11.71	12.14	11.63	12.25	13.22	12.21
Other Intangible Assets	8.61	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	5.53	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	6.68	3.51	3.71	3.71	3.62	1.82
Total Assets	356.89	348.05	317.88	285.26	285.7	275.13
Accounts Payable	51.59	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	51.03	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	5.33	5.17	3.92	3.92	4.16	3.74
Current Income Taxes Payable	1.69	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	34.81	15.41	13.26	20.87	13.36	12.25
Total Current Liabilities	144.44	138.76	132.18	104.12	94.57	94.47
Long-Term Debt	34.45	29.64	27.29	27.16	29.39	30.11
Long-Term Leases	16.87	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	1.73	2.12	2.43	2.82	3.59	3.91
Other Long-Term Liabilities	-	-	-	-	11.49	10.41
Total Liabilities	200.83	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	130.79	129.71	115.61	109.19	99.24	92.59
Comprensive Income & Other	-10.62	-7.75	-10.07	-6.9	-2.4	-7.25
Total Common Equity	154.87	156.66	138.81	135.57	130.11	118.61
Minority Interest	1.2	1.15	0.81	0.92	0.86	0.82
Shareholders' Equity	156.06	157.8	139.61	136.49	130.97	119.43
Total Liabilities & Equity	356.89	348.05	317.88	285.26	285.7	275.13
Total Debt	107.67	91.2	77.68	59.69	71.79	69.39
Net Cash (Debt)	-90.59	-76.9	-61	-20.77	-36.02	-45.55
Net Cash Per Share	-3.66	-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	118.41	114.25	102.31	101.99	105.25	94.89
Book Value Per Share	6.26	6.33	5.61	5.48	5.26	4.80
Tangible Book Value	134.55	136.16	117.71	111.83	103.4	92.59
Tangible Book Value Per Share	5.44	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.