Ludan Engineering Co. Ltd (TLV:LUDN)

Ludan Engineering Co. Balance Sheet

Financials in millions ILS. 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	34.67	36.46	45.72	32.36	36.94
Cash & Short-Term Investments	34.67	36.46	45.72	32.36	36.94
Cash Growth	-4.91%	-20.24%	41.27%	-12.41%	60.84%
Accounts Receivable	219.2	206.72	180.17	161.59	155.26
Other Receivables	26.68	2.18	1.08	1.86	3.03
Receivables	245.87	209.05	181.39	163.61	158.38
Inventory	29.63	28.1	22.96	27.03	17.31
Prepaid Expenses	-	19.95	13.39	12.9	8.51
Other Current Assets	2.88	8.45	6.99	5.15	6.62
Total Current Assets	313.05	302.01	270.45	241.05	227.75
Property, Plant & Equipment	115.25	75.26	76.59	78.24	81.63
Long-Term Investments	0.26	-	-	-	-
Goodwill	-	26.74	16.4	15.18	10.88
Other Intangible Assets	47.4	19.32	16.76	14.07	17.72
Long-Term Deferred Tax Assets	6.34	5.69	7.3	8.83	10.66
Other Long-Term Assets	4.88	4.41	1.78	0.42	0.43
Total Assets	487.36	433.65	389.57	358.12	349.71
Accounts Payable	50.67	53.12	58.6	66.02	45.33
Accrued Expenses	-	58.03	53.29	47.29	53.13
Short-Term Debt	37.27	18.48	14.88	23.72	27.75
Current Portion of Long-Term Debt	-	3.47	2.18	2.78	15.19
Current Portion of Leases	22.9	14.58	16.92	16.84	15.7
Current Income Taxes Payable	3.39	2.06	2.39	1.75	4.24
Current Unearned Revenue	-	38.01	26.17	33.85	17.98
Other Current Liabilities	118.68	24.01	16.69	12.03	27.38
Total Current Liabilities	232.91	211.77	191.12	204.27	206.68
Long-Term Debt	-	9.75	5.27	7.17	3.87
Long-Term Leases	77.18	48.12	46.56	49.23	53.2
Long-Term Deferred Tax Liabilities	1.96	2.11	1.57	0.4	0.56
Other Long-Term Liabilities	20.37	6.54	-	-	-
Total Liabilities	344.34	291.33	257.92	276.05	278.83
Common Stock	12.94	12.94	12.94	12.94	12.94
Additional Paid-In Capital	28.44	28.44	28.44	28.44	28.44
Retained Earnings	87.48	87.67	80.7	59.06	43.8
Comprehensive Income & Other	-0.53	-0.32	-4.09	-19.69	-16.04
Total Common Equity	128.33	128.72	117.99	80.75	69.14
Minority Interest	14.69	13.6	13.67	1.33	1.75
Shareholders' Equity	143.01	142.32	131.66	82.07	70.89
Total Liabilities & Equity	487.36	433.65	389.57	358.12	349.71
Total Debt	137.35	94.41	85.8	99.73	115.69
Net Cash (Debt)	-102.68	-57.95	-40.08	-67.37	-78.75
Net Cash Per Share	-8.92	-5.03	-3.48	-5.85	-6.83
Filing Date Shares Outstanding	11.44	11.52	11.52	11.52	11.52
Total Common Shares Outstanding	11.44	11.52	11.52	11.52	11.52
Working Capital	80.14	90.24	79.34	36.78	21.08
Book Value Per Share	11.21	11.17	10.24	7.01	6.00
Tangible Book Value	80.92	82.66	84.82	51.5	40.53
Tangible Book Value Per Share	7.07	7.17	7.36	4.47	3.52
Land	-	6.07	6.07	6.06	6.06
Machinery	-	43.99	38.78	32.81	33.28
Leasehold Improvements	-	14.03	12.4	13.22	12.87

Source: S&P Global Market Intelligence. Standard template. Financial Sources.