Arad Ltd. (TLV:ARD)

Arad Ltd. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	22.59	17.55	14.3	16.68	31.74	29.15
Trading Asset Securities	-	-	-	-	7.19	6.62
Cash & Short-Term Investments	22.59	17.55	14.3	16.68	38.93	35.77
Cash Growth	23.00%	22.73%	-14.26%	-57.15%	8.81%	50.05%
Accounts Receivable	86.55	78.74	68.55	72.43	63.79	61
Other Receivables	12.11	7.58	8.08	7.42	4.65	4.38
Receivables	98.65	86.32	76.63	79.85	68.45	65.37
Inventory	146.18	149.7	158.18	134.88	95.41	95.58
Prepaid Expenses	-	3.9	2.24	1.76	1.83	1.4
Other Current Assets	-	1.63	1.66	1.32	1.49	1.69
Total Current Assets	267.43	259.09	253.01	234.49	206.11	199.82
Property, Plant & Equipment	62.85	62.86	62.02	51.07	42.89	44.88
Goodwill	11.75	11.32	12.14	11.63	12.25	13.22
Other Intangible Assets	7.42	6.6	8.36	9.47	11.49	13.49
Long-Term Accounts Receivable	-	1.29	1.51	1.77	3.06	4.3
Long-Term Deferred Tax Assets	5.92	6.07	6.02	3.76	3.63	3.88
Long-Term Deferred Charges	-	1	1.48	1.99	2.13	2.5
Other Long-Term Assets	7.68	5.98	3.51	3.71	3.71	3.62
Total Assets	363.04	354.21	348.05	317.88	285.26	285.7
Accounts Payable	50.29	51.9	53.42	61.29	39.83	36.75
Accrued Expenses	-	19.39	19.92	17.51	19.38	12.33
Short-Term Debt	32.12	26.26	24.09	21.04	5.78	14.68
Current Portion of Long-Term Debt	-	15.75	15.93	11.99	11.33	11.05
Current Portion of Leases	5.65	5.74	5.17	3.92	3.92	4.16
Current Income Taxes Payable	1.67	0.87	1.72	0.71	1.11	0.19
Current Unearned Revenue	-	3.48	3.11	2.45	1.91	2.05
Other Current Liabilities	42.39	16.41	15.41	13.26	20.87	13.36
Total Current Liabilities	132.11	139.8	138.76	132.18	104.12	94.57
Long-Term Debt	33.48	26.61	29.64	27.29	27.16	29.39
Long-Term Leases	17.11	17.91	16.37	13.44	11.51	12.51
Long-Term Unearned Revenue	-	-	-	-	0.05	0.13
Long-Term Deferred Tax Liabilities	2.53	1.99	2.12	2.43	2.82	3.59
Other Long-Term Liabilities	-	-	-	-	-	11.49
Total Liabilities	188.75	189.63	190.25	178.27	148.78	154.73
Common Stock	1.02	1.02	1.02	1.02	1.02	1.02
Additional Paid-In Capital	33.67	33.67	33.67	32.25	32.25	32.25
Retained Earnings	149.21	142	129.71	115.61	109.19	99.24
Comprehensive Income & Other	-10.57	-13.39	-7.75	-10.07	-6.9	-2.4
Total Common Equity	173.33	163.31	156.66	138.81	135.57	130.11
Minority Interest	0.96	1.27	1.15	0.81	0.92	0.86
Shareholders' Equity	174.3	164.58	157.8	139.61	136.49	130.97
Total Liabilities & Equity	363.04	354.21	348.05	317.88	285.26	285.7
Total Debt	88.35	92.27	91.2	77.68	59.69	71.79
Net Cash (Debt)	-65.75	-74.72	-76.9	-61	-20.77	-36.02
Net Cash Per Share	-2.66	-3.02	-3.11	-2.47	-0.84	-1.46
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	135.32	119.29	114.25	102.31	101.99	105.25
Book Value Per Share	7.01	6.60	6.33	5.61	5.48	5.26
Tangible Book Value	154.17	145.39	136.16	117.71	111.83	103.4
Tangible Book Value Per Share	6.23	5.88	5.51	4.76	4.52	4.18
Land	-	13.34	13.56	9.55	8.95	8.93
Machinery	-	66.62	68.86	62.27	57.51	60.67
Leasehold Improvements	-	11.4	10.35	8.61	7.28	7.12

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.