ADES Holding Company (TADAWUL:2382)

ADES Holding Company Balance Sheet

Financials in millions SAR. 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	797	744.19	432.28	190.83	232.86	234.33
Short-Term Investments	89.25	102.94	-	-	-	-
Cash & Short-Term Investments	886.25	847.12	432.28	190.83	232.86	234.33
Cash Growth	1.81%	95.97%	126.53%	-18.05%	-0.63%	-47.77%
Accounts Receivable	1,431	1,383	1,234	490.36	434.31	385.86
Other Receivables	1.22	1.22	5.11	9.84	34.28	13.51
Receivables	1,433	1,384	1,239	500.2	468.59	399.37
Inventory	587.04	527.27	331.89	184.27	148.47	178.53
Prepaid Expenses	462.9	502.39	352.32	644.26	300.93	272.14
Other Current Assets	-	-	-	49.66	-	-
Total Current Assets	3,369	3,261	2,356	1,569	1,151	1,084
Property, Plant & Equipment	18,759	18,062	16,793	12,579	5,423	3,868
Long-Term Investments	54.78	87.27	51.52	32.42	6.92	11.85
Other Intangible Assets	3.52	3.96	0.35	0.55	1.04	1.26
Long-Term Accounts Receivable	-	-	-	-	105.65	215.27
Long-Term Deferred Tax Assets	-	-	-	-	3.11	3.16
Other Long-Term Assets	114.26	215.19	221.37	319.99	1.8	5.68
Total Assets	22,300	21,629	19,422	14,501	6,692	5,190
Accounts Payable	1,373	736.58	1,092	742.61	262.44	318.62
Accrued Expenses	-	384.71	424.5	228.17	157.54	186.12
Short-Term Debt	48.41	44.96	44.94	170.07	196.49	48.39
Current Portion of Long-Term Debt	1,450	1,286	1,135	805.19	212.3	299.12
Current Portion of Leases	-	43.24	44.82	106.55	18.45	15.92
Current Income Taxes Payable	43.25	82.47	30.22	10.49	30.97	35.6
Current Unearned Revenue	352.37	358.98	287.75	-	-	-
Other Current Liabilities	7.19	113.07	88.09	97.41	99.03	52.56
Total Current Liabilities	3,275	3,050	3,147	2,160	977.22	956.34
Long-Term Debt	11,198	10,725	9,170	9,575	3,638	2,337
Long-Term Leases	314.06	352.37	487.36	270.13	38.41	52.35
Long-Term Unearned Revenue	552.57	679.96	579.91	70.17	26.73	65.29
Long-Term Deferred Tax Liabilities	116.4	94.07	61.33	44.04	-	-
Other Long-Term Liabilities	208.15	29.43	0.73	4.68	5.75	13.88
Total Liabilities	15,664	15,091	13,646	12,243	4,769	3,487
Common Stock	1,129	1,129	1,129	1	-	-
Additional Paid-In Capital	2,890	2,890	2,890	857.09	857.09	740.82
Retained Earnings	2,587	2,447	1,722	1,302	1,050	952.17
Treasury Stock	-28.13	-28.13	-33.87	-	-	-
Comprehensive Income & Other	6.52	54.67	41.15	61.77	-13.13	-26.2
Total Common Equity	6,585	6,493	5,748	2,222	1,894	1,667
Minority Interest	50.8	45.19	28.67	36.35	29.53	35.32
Shareholders' Equity	6,636	6,538	5,777	2,258	1,923	1,702
Total Liabilities & Equity	22,300	21,629	19,422	14,501	6,692	5,190
Total Debt	13,011	12,452	10,882	10,927	4,103	2,753
Net Cash (Debt)	-12,125	-11,605	-10,450	-10,737	-3,871	-2,519
Net Cash Per Share	-11.02	-10.58	-13.87	-	-	-
Filing Date Shares Outstanding	1,101	1,101	1,095	-	-	41.25
Total Common Shares Outstanding	1,101	1,101	1,095	-	-	41.25
Working Capital	94.32	210.14	-791.66	-591.27	173.64	128.04
Book Value Per Share	5.98	5.90	5.25	-	-	40.40
Tangible Book Value	6,582	6,489	5,748	2,222	1,893	1,666
Tangible Book Value Per Share	5.98	5.89	5.25	-	-	40.37
Land	58.48	58.48	58.48	58.48	58.48	-
Buildings	34.45	34.45	20.08	-	-	-
Machinery	777.51	668.07	533.56	424.23	329.42	245.31
Construction In Progress	585.23	458.95	2,944	3,926	130.41	310.78
Leasehold Improvements	696.05	694.33	636.23	2.6	2.6	1.97
Order Backlog	-	-	-	27,400	6,700	3,500

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