Arad Ltd. (TLV:ARD)

Arad Ltd. Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	17.55	14.3	16.68	31.74	29.15
Trading Asset Securities	-	-	-	7.19	6.62
Cash & Short-Term Investments	17.55	14.3	16.68	38.93	35.77
Cash Growth	22.73%	-14.26%	-57.15%	8.81%	50.05%
Accounts Receivable	78.74	68.55	72.43	63.79	61
Other Receivables	7.58	8.08	7.42	4.65	4.38
Receivables	86.32	76.63	79.85	68.45	65.37
Inventory	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	259.09	253.01	234.49	206.11	199.82
Property, Plant & Equipment	62.86	62.02	51.07	42.89	44.88
Goodwill	11.32	12.14	11.63	12.25	13.22
Other Intangible Assets	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	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	5.98	3.51	3.71	3.71	3.62
Total Assets	354.21	348.05	317.88	285.26	285.7
Accounts Payable	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	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	5.74	5.17	3.92	3.92	4.16
Current Income Taxes Payable	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	16.41	15.41	13.26	20.87	13.36
Total Current Liabilities	139.8	138.76	132.18	104.12	94.57
Long-Term Debt	26.61	29.64	27.29	27.16	29.39
Long-Term Leases	17.91	16.37	13.44	11.51	12.51
Long-Term Unearned Revenue	-	-	-	0.05	0.13
Long-Term Deferred Tax Liabilities	1.99	2.12	2.43	2.82	3.59
Other Long-Term Liabilities	-	-	-	-	11.49
Total Liabilities	189.63	190.25	178.27	148.78	154.73
Common Stock	1.02	1.02	1.02	1.02	1.02
Additional Paid-In Capital	33.67	33.67	32.25	32.25	32.25
Retained Earnings	142	129.71	115.61	109.19	99.24
Comprehensive Income & Other	-13.39	-7.75	-10.07	-6.9	-2.4
Total Common Equity	163.31	156.66	138.81	135.57	130.11
Minority Interest	1.27	1.15	0.81	0.92	0.86
Shareholders' Equity	164.58	157.8	139.61	136.49	130.97
Total Liabilities & Equity	354.21	348.05	317.88	285.26	285.7
Total Debt	92.27	91.2	77.68	59.69	71.79
Net Cash (Debt)	-74.72	-76.9	-61	-20.77	-36.02
Net Cash Per Share	-3.02	-3.11	-2.47	-0.84	-1.46
Filing Date Shares Outstanding	24.73	24.73	24.73	24.73	24.73
Total Common Shares Outstanding	24.73	24.73	24.73	24.73	24.73
Working Capital	119.29	114.25	102.31	101.99	105.25
Book Value Per Share	6.60	6.33	5.61	5.48	5.26
Tangible Book Value	145.39	136.16	117.71	111.83	103.4
Tangible Book Value Per Share	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.