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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	43.22	36.46	45.72	32.36	36.94	22.97
Cash & Short-Term Investments	43.22	36.46	45.72	32.36	36.94	22.97
Cash Growth	89.60%	-20.24%	41.27%	-12.41%	60.84%	0.00%
Accounts Receivable	189.41	206.72	180.17	161.59	155.26	184.77
Other Receivables	27.62	2.18	1.08	1.86	3.03	4.25
Receivables	217.03	209.05	181.39	163.61	158.38	190.99
Inventory	29.34	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	1.02	8.45	6.99	5.15	6.62	8.98
Total Current Assets	290.6	302.01	270.45	241.05	227.75	245.53
Property, Plant & Equipment	88.15	75.26	76.59	78.24	81.63	97.45
Long-Term Investments	-	-	-	-	-	0.03
Goodwill	-	26.74	16.4	15.18	10.88	15.44
Other Intangible Assets	44.28	19.32	16.76	14.07	17.72	10.49
Long-Term Accounts Receivable	-	-	-	-	-	0.56
Long-Term Deferred Tax Assets	5.35	5.69	7.3	8.83	10.66	10.52
Other Long-Term Assets	4.32	4.41	1.78	0.42	0.43	0.43
Total Assets	432.86	433.65	389.57	358.12	349.71	380.45
Accounts Payable	47.69	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	16.82	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	16.45	14.58	16.92	16.84	15.7	20.58
Current Income Taxes Payable	2.73	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	110.6	24.01	16.69	12.03	27.38	23.23
Total Current Liabilities	194.29	211.77	191.12	204.27	206.68	229.53
Long-Term Debt	8.33	9.75	5.27	7.17	3.87	11.01
Long-Term Leases	59.59	48.12	46.56	49.23	53.2	62.93
Long-Term Deferred Tax Liabilities	1.89	2.11	1.57	0.4	0.56	0.86
Other Long-Term Liabilities	6.91	6.54	-	-	-	-
Total Liabilities	284.42	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	93.24	87.67	80.7	59.06	43.8	36.74
Comprehensive Income & Other	-0.56	-0.32	-4.09	-19.69	-16.04	-16.68
Total Common Equity	134.06	128.72	117.99	80.75	69.14	61.43
Minority Interest	14.37	13.6	13.67	1.33	1.75	1.33
Shareholders' Equity	148.43	142.32	131.66	82.07	70.89	62.76
Total Liabilities & Equity	432.86	433.65	389.57	358.12	349.71	380.45
Total Debt	101.19	94.41	85.8	99.73	115.69	152.43
Net Cash (Debt)	-57.97	-57.95	-40.08	-67.37	-78.75	-129.47
Net Cash Per Share	-5.01	-5.03	-3.48	-5.85	-6.83	-11.23
Filing Date Shares Outstanding	11.58	11.52	11.52	11.52	11.52	11.52
Total Common Shares Outstanding	11.58	11.52	11.52	11.52	11.52	11.52
Working Capital	96.31	90.24	79.34	36.78	21.08	16
Book Value Per Share	11.57	11.17	10.24	7.01	6.00	5.33
Tangible Book Value	89.78	82.66	84.82	51.5	40.53	35.5
Tangible Book Value Per Share	7.75	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.