Al Argan International Real Estate Company - K.S.C.P. (KWSE:ARGAN)

KWSE:ARGAN Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2.29	1.52	2.43	2.76	2.12	2.21
Cash & Short-Term Investments	2.29	1.52	2.43	2.76	2.12	2.21
Cash Growth	26.80%	-37.30%	-12.01%	29.98%	-3.89%	47.13%
Accounts Receivable	24.36	26.9	22.9	21.75	22.66	20.91
Receivables	24.36	26.9	22.9	21.75	22.66	20.91
Inventory	13.57	13.56	14.16	14.62	14.81	17.86
Total Current Assets	40.21	41.98	39.49	39.13	39.59	40.98
Property, Plant & Equipment	6.31	59.72	60.83	108.97	96.48	66.3
Long-Term Investments	51.96	51.76	46.65	29	30.26	33.66
Other Intangible Assets	0	0.01	0.01	0.01	0.01	0.03
Long-Term Accounts Receivable	1.25	2	3	4	5	6
Other Long-Term Assets	156.27	105.45	104.87	55.99	58.58	84.24
Total Assets	256	260.91	254.85	237.11	229.93	231.21
Accounts Payable	20.79	8.39	4.9	2.72	2.64	1.87
Accrued Expenses	-	8.56	8.22	5.28	5.23	7.86
Short-Term Debt	5.13	2.91	5.55	5.09	4.06	3.75
Current Portion of Long-Term Debt	2.02	2.27	5.3	10.91	7.03	3.34
Current Portion of Leases	4.36	3.26	3.48	3.26	3.1	3.45
Current Income Taxes Payable	-	0.51	0.53	0.23	0.19	0.3
Current Unearned Revenue	1.48	4.11	4.69	4.19	1.94	2.26
Other Current Liabilities	-	3.55	2.24	2.27	2.73	2.14
Total Current Liabilities	33.78	33.56	34.91	33.96	26.92	24.97
Long-Term Debt	81.31	82.09	79.14	67.42	67.11	61.83
Long-Term Leases	51.77	52.21	52.47	53.15	53.59	60.21
Pension & Post-Retirement Benefits	3.08	2.93	3.18	3.1	2.99	2.7
Other Long-Term Liabilities	11.76	10.2	-	-	-	-
Total Liabilities	181.7	180.99	169.7	157.64	150.61	149.71
Common Stock	29.15	26.5	26.5	26.5	26.5	26.5
Additional Paid-In Capital	15.81	15.81	15.81	15.81	15.81	15.81
Retained Earnings	27.84	35.76	44.14	37.91	37.95	38.69
Treasury Stock	-	-	-3.59	-3.59	-3.58	-3.58
Comprehensive Income & Other	0.93	1.27	1.61	2.01	0.66	1.9
Total Common Equity	73.73	79.34	84.46	78.64	77.34	79.31
Minority Interest	0.57	0.59	0.69	0.83	1.98	2.19
Shareholders' Equity	74.3	79.93	85.15	79.47	79.32	81.5
Total Liabilities & Equity	256	260.91	254.85	237.11	229.93	231.21
Total Debt	144.59	142.74	145.94	139.83	134.89	132.57
Net Cash (Debt)	-142.3	-141.22	-143.51	-137.08	-132.77	-130.37
Net Cash Per Share	-0.49	-0.49	-0.51	-0.49	-0.47	-0.46
Filing Date Shares Outstanding	291.5	291.5	280.51	280.58	280.61	280.61
Total Common Shares Outstanding	291.5	291.5	280.51	280.58	280.61	280.61
Working Capital	6.43	8.42	4.58	5.17	12.68	16.01
Book Value Per Share	0.25	0.27	0.30	0.28	0.28	0.28
Tangible Book Value	73.73	79.34	84.45	78.63	77.32	79.28
Tangible Book Value Per Share	0.25	0.27	0.30	0.28	0.28	0.28
Buildings	-	0.12	0.12	0.12	0.12	0.12
Machinery	-	15.94	16.02	10.98	10.72	9.86
Construction In Progress	-	-	-	3.99	-	-

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