Gulf Hotels Group B.S.C. (BAX:GHG)

Gulf Hotels Group B.S.C. Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	16.15	3.5	3.34	2.76	3.92	5.96
Short-Term Investments	-	13.95	10.39	6.09	11.5	-
Cash & Short-Term Investments	16.15	17.44	13.74	8.85	15.42	5.96
Cash Growth	14.55%	26.99%	55.13%	-42.59%	158.81%	40.62%
Accounts Receivable	1.89	2.28	2	1.54	1.41	0.94
Other Receivables	-	0.66	0.71	0.83	0.81	0.7
Receivables	1.89	2.93	2.71	2.37	2.22	1.65
Inventory	2.14	3.13	3.52	2.95	3.02	1.8
Prepaid Expenses	3.55	0.88	0.64	0.01	0.38	-
Other Current Assets	-	-	-	-	0.45	1.31
Total Current Assets	23.75	24.39	20.59	14.19	21.49	10.71
Property, Plant & Equipment	71.63	73.67	73.73	75.96	68.68	80.8
Long-Term Investments	17.06	17.9	17.33	19.37	20.24	21.22
Other Long-Term Assets	0.81	1.02	1.21	1.3	1.37	0.71
Total Assets	113.24	116.98	112.86	110.83	111.78	113.45

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1.72	1.98	1.93	1.45	3.15	2.08
Accrued Expenses	2.7	2.97	3.27	2.76	2.68	1.37
Current Portion of Long-Term Debt	-	-	-	-	-	2.68
Current Unearned Revenue	-	0.26	0.5	0.46	0.01	-
Other Current Liabilities	-	0.62	0.68	0.73	1.15	1.66
Total Current Liabilities	4.42	5.83	6.37	5.4	7	7.79
Long-Term Debt	-	-	-	-	-	2.7
Pension & Post-Retirement Benefits	0.86	0.89	0.96	1.08	1.18	1.12
Total Liabilities	5.28	6.73	7.33	6.47	8.18	11.62

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	22.6	22.6	22.6	22.6	22.6	22.6
Additional Paid-In Capital	17.51	17.51	17.51	17.51	17.51	17.51
Retained Earnings	46.58	66.2	61.99	58.78	57.65	55.53
Treasury Stock	-0.36	-0.11	-	-	-	-
Comprehensive Income & Other	21.62	4.05	3.43	5.46	5.84	6.18
Shareholders' Equity	107.96	110.25	105.53	104.35	103.6	101.83
Total Liabilities & Equity	113.24	116.98	112.86	110.83	111.78	113.45

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	-	-	-	-	-	5.38
Net Cash (Debt)	16.15	17.44	13.74	8.85	15.42	0.58
Net Cash Growth	14.55%	26.99%	55.13%	-42.59%	2575.63%	-
Net Cash Per Share	0.07	0.08	0.06	0.04	0.07	0.00
Filing Date Shares Outstanding	211.92	225.74	226	225.99	225.99	225.99
Total Common Shares Outstanding	211.92	225.74	226	225.99	225.99	225.99
Working Capital	19.33	18.55	14.22	8.79	14.49	2.92
Book Value Per Share	0.51	0.49	0.47	0.46	0.46	0.45
Tangible Book Value	107.96	110.25	105.53	104.35	103.6	101.83
Tangible Book Value Per Share	0.51	0.49	0.47	0.46	0.46	0.45
Land	-	20.77	20.77	20.77	12.3	19.68
Buildings	-	105.96	105.04	102.68	100.29	100.24
Machinery	-	37.6	35.91	44.33	43.54	43.06
Construction In Progress	-	4.67	2.45	0.94	0.26	0.01

Data Source: S&P Global Market Intelligence Last updated: Nov 11, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 13, 2026

Data Sources Report a data error