Ludan Engineering Co. Ltd (TLV: LUDN)

Ludan Engineering Co. Balance Sheet

Financials in millions ILS. 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	34.38	36.46	45.72	32.36	36.94	22.97
Cash & Short-Term Investments	34.38	36.46	45.72	32.36	36.94	22.97
Cash Growth	-14.91%	-20.24%	41.27%	-12.41%	60.84%	0.00%
Accounts Receivable	203.89	206.72	180.17	161.59	155.26	184.77
Other Receivables	27.7	2.18	1.08	1.86	3.03	4.25
Receivables	231.59	209.05	181.39	163.61	158.38	190.99
Inventory	25.68	28.1	22.96	27.03	17.31	15.67
Prepaid Expenses	-	19.95	13.39	12.9	8.51	6.92
Other Current Assets	3.09	8.45	6.99	5.15	6.62	8.98
Total Current Assets	294.75	302.01	270.45	241.05	227.75	245.53
Property, Plant & Equipment	109.14	75.26	76.59	78.24	81.63	97.45
Long-Term Investments	0.2	-	-	-	-	0.03
Goodwill	-	26.74	16.4	15.18	10.88	15.44
Other Intangible Assets	47.29	19.32	16.76	14.07	17.72	10.49
Long-Term Accounts Receivable	-	-	-	-	-	0.56
Long-Term Deferred Tax Assets	4.56	5.69	7.3	8.83	10.66	10.52
Other Long-Term Assets	4.25	4.41	1.78	0.42	0.43	0.43
Total Assets	460.34	433.65	389.57	358.12	349.71	380.45
Accounts Payable	45.39	53.12	58.6	66.02	45.33	49.5
Accrued Expenses	-	58.03	53.29	47.29	53.13	61.03
Short-Term Debt	32.8	18.48	14.88	23.72	27.75	43.69
Current Portion of Long-Term Debt	-	3.47	2.18	2.78	15.19	14.23
Current Portion of Leases	21.26	14.58	16.92	16.84	15.7	20.58
Current Income Taxes Payable	2.5	2.06	2.39	1.75	4.24	2.93
Current Unearned Revenue	-	38.01	26.17	33.85	17.98	14.35
Other Current Liabilities	116.32	24.01	16.69	12.03	27.38	23.23
Total Current Liabilities	218.27	211.77	191.12	204.27	206.68	229.53
Long-Term Debt	7.56	9.75	5.27	7.17	3.87	11.01
Long-Term Leases	76.06	48.12	46.56	49.23	53.2	62.93
Long-Term Deferred Tax Liabilities	2.15	2.11	1.57	0.4	0.56	0.86
Other Long-Term Liabilities	7.44	6.54	-	-	-	-
Total Liabilities	324.82	291.33	257.92	276.05	278.83	317.69
Common Stock	12.94	12.94	12.94	12.94	12.94	12.94
Additional Paid-In Capital	28.44	28.44	28.44	28.44	28.44	28.44
Retained Earnings	79	87.67	80.7	59.06	43.8	36.74
Comprehensive Income & Other	1.07	-0.32	-4.09	-19.69	-16.04	-16.68
Total Common Equity	121.44	128.72	117.99	80.75	69.14	61.43
Minority Interest	14.08	13.6	13.67	1.33	1.75	1.33
Shareholders' Equity	135.52	142.32	131.66	82.07	70.89	62.76
Total Liabilities & Equity	460.34	433.65	389.57	358.12	349.71	380.45
Total Debt	137.67	94.41	85.8	99.73	115.69	152.43
Net Cash (Debt)	-103.29	-57.95	-40.08	-67.37	-78.75	-129.47
Net Cash Per Share	-8.94	-5.03	-3.48	-5.85	-6.83	-11.23
Filing Date Shares Outstanding	11.43	11.52	11.52	11.52	11.52	11.52
Total Common Shares Outstanding	11.43	11.52	11.52	11.52	11.52	11.52
Working Capital	76.48	90.24	79.34	36.78	21.08	16
Book Value Per Share	10.62	11.17	10.24	7.01	6.00	5.33
Tangible Book Value	74.16	82.66	84.82	51.5	40.53	35.5
Tangible Book Value Per Share	6.49	7.17	7.36	4.47	3.52	3.08
Land	-	6.07	6.07	6.06	6.06	6.06
Machinery	-	43.99	38.78	32.81	33.28	30.54
Leasehold Improvements	-	14.03	12.4	13.22	12.87	12.48

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