Ludan Engineering Co. Ltd (TLV:LUDN)

Ludan Engineering Co. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	22.64	34.67	36.46	45.72	32.36	36.94
Cash & Short-Term Investments	22.64	34.67	36.46	45.72	32.36	36.94
Cash Growth	-47.62%	-4.91%	-20.24%	41.27%	-12.41%	60.84%
Accounts Receivable	123.21	219.2	206.72	180.17	161.59	155.26
Other Receivables	11.65	2.37	2.18	1.08	1.86	3.03
Receivables	134.86	224.49	209.05	181.39	163.61	158.38
Inventory	-	29.63	28.1	22.96	27.03	17.31
Prepaid Expenses	-	19.84	19.95	13.39	12.9	8.51
Other Current Assets	245.64	4.42	8.45	6.99	5.15	6.62
Total Current Assets	403.14	313.05	302.01	270.45	241.05	227.75
Property, Plant & Equipment	59.11	115.25	75.26	76.59	78.24	81.63
Long-Term Investments	0.21	0.26	-	-	-	-
Goodwill	-	30.5	26.74	16.4	15.18	10.88
Other Intangible Assets	24.29	16.9	19.32	16.76	14.07	17.72
Long-Term Deferred Tax Assets	2.33	6.34	5.69	7.3	8.83	10.66
Other Long-Term Assets	4.9	4.88	4.41	1.78	0.42	0.43
Total Assets	493.98	487.36	433.65	389.57	358.12	349.71
Accounts Payable	26.83	49.59	53.12	58.6	66.02	45.33
Accrued Expenses	-	62.19	58.03	53.29	47.29	53.13
Short-Term Debt	18.75	34.15	18.48	14.88	23.72	27.75
Current Portion of Long-Term Debt	-	3.12	3.47	2.18	2.78	15.19
Current Portion of Leases	15.5	22.9	14.58	16.92	16.84	15.7
Current Income Taxes Payable	2.24	3.39	2.06	2.39	1.75	4.24
Current Unearned Revenue	-	40.32	38.01	26.17	33.85	17.98
Other Current Liabilities	231.55	17.25	24.01	16.69	12.03	27.38
Total Current Liabilities	294.87	232.91	211.77	191.12	204.27	206.68
Long-Term Debt	9.04	7.83	9.75	5.27	7.17	3.87
Long-Term Leases	32.92	77.18	48.12	46.56	49.23	53.2
Long-Term Deferred Tax Liabilities	1.41	1.96	2.11	1.57	0.4	0.56
Other Long-Term Liabilities	0.35	12.53	6.54	-	-	-
Total Liabilities	340.18	344.34	291.33	257.92	276.05	278.83
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	96.03	87.48	87.67	80.7	59.06	43.8
Comprehensive Income & Other	0.92	-0.53	-0.32	-4.09	-19.69	-16.04
Total Common Equity	138.33	128.33	128.72	117.99	80.75	69.14
Minority Interest	15.47	14.69	13.6	13.67	1.33	1.75
Shareholders' Equity	153.8	143.01	142.32	131.66	82.07	70.89
Total Liabilities & Equity	493.98	487.36	433.65	389.57	358.12	349.71
Total Debt	76.21	145.18	94.41	85.8	99.73	115.69
Net Cash (Debt)	-53.57	-110.51	-57.95	-40.08	-67.37	-78.75
Net Cash Per Share	-4.04	-9.59	-5.03	-3.48	-5.85	-6.83
Filing Date Shares Outstanding	11.5	11.52	11.52	11.52	11.52	11.52
Total Common Shares Outstanding	11.5	11.52	11.52	11.52	11.52	11.52
Working Capital	108.27	80.14	90.24	79.34	36.78	21.08
Book Value Per Share	12.03	11.13	11.17	10.24	7.01	6.00
Tangible Book Value	114.04	80.92	82.66	84.82	51.5	40.53
Tangible Book Value Per Share	9.92	7.02	7.17	7.36	4.47	3.52
Land	-	6.07	6.07	6.07	6.06	6.06
Machinery	-	53.02	43.99	38.78	32.81	33.28
Leasehold Improvements	-	18.89	14.03	12.4	13.22	12.87

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