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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3.3	1.52	2.43	2.76	2.12	2.21
Cash & Short-Term Investments	3.3	1.52	2.43	2.76	2.12	2.21
Cash Growth	117.66%	-37.30%	-12.01%	29.98%	-3.89%	47.13%
Accounts Receivable	24.26	26.9	22.9	21.75	22.66	20.91
Receivables	24.26	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	41.12	41.98	39.49	39.13	39.59	40.98
Property, Plant & Equipment	6.62	59.72	60.83	108.97	96.48	66.3
Long-Term Investments	52.37	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	1.75	2	3	4	5	6
Other Long-Term Assets	155.78	105.45	104.87	55.99	58.58	84.24
Total Assets	257.64	260.91	254.85	237.11	229.93	231.21
Accounts Payable	7.28	8.39	4.9	2.72	2.64	1.87
Accrued Expenses	9.53	8.56	8.22	5.28	5.23	7.86
Short-Term Debt	2.84	2.91	5.55	5.09	4.06	3.75
Current Portion of Long-Term Debt	2.3	2.27	5.3	10.91	7.03	3.34
Current Portion of Leases	3.26	3.26	3.48	3.26	3.1	3.45
Current Income Taxes Payable	0.51	0.51	0.53	0.23	0.19	0.3
Current Unearned Revenue	3.67	4.11	4.69	4.19	1.94	2.26
Other Current Liabilities	3.44	3.55	2.24	2.27	2.73	2.14
Total Current Liabilities	32.81	33.56	34.91	33.96	26.92	24.97
Long-Term Debt	81.83	82.09	79.14	67.42	67.11	61.83
Long-Term Leases	51.5	52.21	52.47	53.15	53.59	60.21
Other Long-Term Liabilities	10.23	10.2	-	-	-	-
Total Liabilities	179.29	180.99	169.7	157.64	150.61	149.71
Common Stock	26.5	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	34.24	35.76	44.14	37.91	37.95	38.69
Treasury Stock	-	-	-3.59	-3.59	-3.58	-3.58
Comprehensive Income & Other	1.22	1.27	1.61	2.01	0.66	1.9
Total Common Equity	77.77	79.34	84.46	78.64	77.34	79.31
Minority Interest	0.58	0.59	0.69	0.83	1.98	2.19
Shareholders' Equity	78.35	79.93	85.15	79.47	79.32	81.5
Total Liabilities & Equity	257.64	260.91	254.85	237.11	229.93	231.21
Total Debt	141.71	142.74	145.94	139.83	134.89	132.57
Net Cash (Debt)	-138.41	-141.22	-143.51	-137.08	-132.77	-130.37
Net Cash Per Share	-0.47	-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	8.31	8.42	4.58	5.17	12.68	16.01
Book Value Per Share	0.27	0.27	0.30	0.28	0.28	0.28
Tangible Book Value	77.77	79.34	84.45	78.63	77.32	79.28
Tangible Book Value Per Share	0.27	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.