Solidarity Bahrain B.S.C. (BAX:SOLID)

Solidarity Bahrain 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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	40.52	52.88	24.66	25.81	15.26	13.2
Investments in Equity & Preferred Securities	34.72	32.53	20.08	10.45	10.08	9.62
Other Investments	14.85	14.85	11.02	20.75	29.06	19.18
Total Investments	90.09	100.26	55.76	57.01	54.4	42
Cash & Equivalents	23.13	19.65	26.87	9.95	4.49	4.95
Reinsurance Recoverable	20.59	19.71	7.98	7.18	16	13.86
Other Receivables	-	1.23	0.54	0.6	15.42	6.05
Deferred Policy Acquisition Cost	-	1.45	1.2	0.92	0.78	0.5
Separate Account Assets	-	-	-	-	0.17	0.16
Property, Plant & Equipment	1.68	1.79	1.23	1.33	1.27	2.17
Goodwill	-	28.29	4.3	5.47	2.38	-
Other Intangible Assets	37.61	9.57	2.73	1.27	0.89	-
Restricted Cash	-	1.89	1.11	0.14	-	0.14
Other Current Assets	12.25	5.19	3.3	10.64	3.71	2.83
Other Long-Term Assets	-	19.24	3.17	1.93	-	-
Total Assets	185.35	208.26	108.18	96.43	99.51	72.64

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accrued Expenses	-	5.64	4.72	5.95	3.49	2.24
Insurance & Annuity Liabilities	37.92	59.83	29.8	25.92	17.73	11.1
Unpaid Claims	41.86	38.72	22.4	21.99	17.01	12.53
Unearned Premiums	-	-	-	-	24.22	15.9
Reinsurance Payable	1	2.78	0.59	0.45	-	-
Current Portion of Long-Term Debt	-	-	1.86	-	-	-
Current Portion of Leases	-	0.34	0.29	0.15	0.22	0.11
Long-Term Debt	-	-	7.44	-	-	-
Long-Term Leases	0.91	0.68	0.07	0.03	0.08	0.03
Separate Account Liability	-	-	-	-	0.17	0.16
Other Current Liabilities	0.32	0.32	0.44	3.06	0.03	0.03
Other Long-Term Liabilities	10.27	3.07	0.62	1.98	3.41	0.38
Total Liabilities	92.28	111.92	68.67	60.07	66.72	42.69

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Preferred Stock, Convertible	11.81	11.81	-	-	-	-
Common Stock	17	17	13.33	13.33	13.33	12
Additional Paid-In Capital	5.73	5.73	5.73	5.73	5.73	4.18
Retained Earnings	16.33	19.97	16.5	12.94	11.46	10.13
Treasury Stock	-0	-0	-0	-0	-0	-0
Comprehensive Income & Other	42.2	41.83	3.95	4.35	2.26	3.65
Total Common Equity	81.26	84.53	39.51	36.35	32.78	29.95
Shareholders' Equity	93.07	96.34	39.51	36.35	32.78	29.95
Total Liabilities & Equity	185.35	208.26	108.18	96.43	99.51	72.64

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	169.88	169.94	169.94	169.94	169.97	152.97
Total Common Shares Outstanding	169.88	169.94	169.94	169.94	169.97	152.97
Total Debt	0.91	1.02	9.65	0.18	0.29	0.13
Net Cash (Debt)	22.22	18.63	17.22	9.77	4.19	4.82
Net Cash Growth	-33.30%	8.24%	76.26%	132.94%	-12.92%	11.05%
Net Cash Per Share	0.13	0.11	0.10	0.06	0.02	0.03
Book Value Per Share	0.48	0.50	0.23	0.21	0.19	0.20
Tangible Book Value	43.65	46.68	32.48	29.62	29.52	29.95
Tangible Book Value Per Share	0.26	0.27	0.19	0.17	0.17	0.20
Land	-	0.4	0.64	0.85	0.85	0.85
Machinery	-	4.14	2.89	2.78	2.24	3.12

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 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:

Jul 28, 2026

Data Sources Report a data error