United Gulf Holding Company B.S.C. (BAX:UGH)

BAX:UGH Balance Sheet

Financials in millions USD. 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
Cash & Equivalents	116.02	87.29	137.59	290.73	515.98	494.15
Investment Securities	1,078	1,091	953.26	1,399	1,115	1,236
Trading Asset Securities	370.86	450.88	278.08	545.04	582.85	557.8
Total Investments	1,449	1,542	1,231	1,944	1,698	1,794
Gross Loans	546.2	539.12	434.1	554.49	628.26	779.42
Allowance for Loan Losses	-14.2	-16.57	-17.24	-42.38	-101.46	-109.4
Net Loans	532	522.55	416.86	512.11	526.8	670.02
Property, Plant & Equipment	23.55	24.85	23.61	40.91	42.62	45.69
Goodwill	-	-	-	51.46	51.64	52.47
Other Intangible Assets	2.69	3.03	2.91	13.31	15.01	16.65
Investments in Real Estate	22.95	23.67	20.93	149.65	121.6	117.79
Accrued Interest Receivable	-	9.91	6.96	6.54	0.47	0.88
Other Receivables	-	10.69	7.96	30.62	17.16	14.53
Restricted Cash	7.59	7.94	7.66	8.72	11.96	18.87
Other Current Assets	-	4.83	736.32	6.79	8.94	5.62
Long-Term Deferred Tax Assets	-	15.25	13.46	19.72	22.64	24.92
Total Assets	2,194	2,252	2,606	3,075	3,033	3,256

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	2.03	18.48	19.81	78.52	57.72	59.02
Interest Bearing Deposits	772.82	846.13	671.47	949.14	891.65	994.59
Total Deposits	772.82	846.13	671.47	949.14	891.65	994.59
Short-Term Borrowings	-	-	-	0.12	4.6	0.93
Current Portion of Long-Term Debt	98	669.99	929.83	1,122	1,235	892.43
Current Income Taxes Payable	-	0.71	-	3.17	3.65	3.76
Accrued Interest Payable	5.22	10.79	20.71	-	22.59	8.74
Other Current Liabilities	-	-	386.85	1.63	1.51	1.39
Long-Term Debt	1,086	495.27	213.25	492.19	410.48	838.91
Long-Term Unearned Revenue	-	0.96	-	-	-	-
Long-Term Deferred Tax Liabilities	-	4.54	4.01	4.91	4.74	4.22
Other Long-Term Liabilities	29.2	3.01	2.72	17.68	25.14	26.74
Total Liabilities	1,994	2,050	2,249	2,670	2,658	2,839

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
Common Stock	219.55	219.55	219.55	219.55	219.55	219.55
Additional Paid-In Capital	-	-	-	169.56	169.56	169.56
Retained Earnings	42.87	52.94	92.14	-70.64	-37.4	-7.25
Treasury Stock	-1.84	-1.84	-1.84	-1.84	-1.84	-1.84
Comprehensive Income & Other	-97.8	-105.4	-104.59	-67.6	-102.89	-99.92
Total Common Equity	162.78	165.24	205.27	249.03	246.97	280.1
Minority Interest	37.45	37.15	151.67	155.9	127.75	136.68
Shareholders' Equity	200.23	202.39	356.94	404.94	374.72	416.79
Total Liabilities & Equity	2,194	2,252	2,606	3,075	3,033	3,256

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
Total Debt	1,184	1,165	1,143	1,614	1,650	1,732
Net Cash (Debt)	-675.17	-585.32	-650.14	-479.6	-527.04	-563.8
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.54	-1.33	-1.48	-1.09	-1.20	-1.29
Filing Date Shares Outstanding	438.45	438.45	438.45	438.45	438.45	438.45
Total Common Shares Outstanding	438.45	438.45	438.45	438.45	438.45	438.45
Book Value Per Share	0.37	0.38	0.39	0.49	0.49	0.56
Tangible Book Value	160.09	162.22	202.36	184.26	180.32	210.99
Tangible Book Value Per Share	0.37	0.37	0.39	0.34	0.34	0.41

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 19, 2026

Data Sources Report a data error