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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	41.58	52.88	24.66	25.81	15.26	13.2
Investments in Equity & Preferred Securities	32.14	32.53	20.08	10.45	10.08	9.62
Other Investments	17.9	14.85	11.02	20.75	29.06	19.18
Total Investments	91.62	100.26	55.76	57.01	54.4	42
Cash & Equivalents	22.16	19.65	26.87	9.95	4.49	4.95
Reinsurance Recoverable	18.24	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	1.61	1.79	1.23	1.33	1.27	2.17
Goodwill	-	28.29	4.3	5.47	2.38	-
Other Intangible Assets	37.36	9.57	2.73	1.27	0.89	-
Restricted Cash	-	1.89	1.11	0.14	-	0.14
Other Current Assets	14.65	5.19	3.3	10.64	3.71	2.83
Other Long-Term Assets	-	19.24	3.17	1.93	-	-
Total Assets	185.64	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	Jun 30, 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	37.96	59.83	29.8	25.92	17.73	11.1
Unpaid Claims	40.66	38.72	22.4	21.99	17.01	12.53
Unearned Premiums	-	-	-	-	24.22	15.9
Reinsurance Payable	1.82	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	0.83	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	8.71	3.07	0.62	1.98	3.41	0.38
Total Liabilities	90.28	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	Jun 30, 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	18.66	19.97	16.5	12.94	11.46	10.13
Treasury Stock	-0	-0	-0	-0	-0	-0
Comprehensive Income & Other	42.16	41.83	3.95	4.35	2.26	3.65
Total Common Equity	83.55	84.53	39.51	36.35	32.78	29.95
Shareholders' Equity	95.36	96.34	39.51	36.35	32.78	29.95
Total Liabilities & Equity	185.64	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	225.02	169.94	169.94	169.94	169.97	152.97
Total Common Shares Outstanding	225.02	169.94	169.94	169.94	169.97	152.97
Total Debt	0.83	1.02	9.65	0.18	0.29	0.13
Net Cash (Debt)	21.33	18.63	17.22	9.77	4.19	4.82
Net Cash Growth	-26.15%	8.24%	76.26%	132.94%	-12.92%	11.05%
Net Cash Per Share	0.10	0.11	0.10	0.06	0.02	0.03
Book Value Per Share	0.37	0.50	0.23	0.21	0.19	0.20
Tangible Book Value	46.18	46.68	32.48	29.62	29.52	29.95
Tangible Book Value Per Share	0.21	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: Jun 30, 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:

Aug 18, 2026

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