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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	79.2	87.29	137.59	290.73	515.98	494.15
Investment Securities	1,130	1,091	953.26	1,399	1,115	1,236
Trading Asset Securities	383.01	450.88	278.08	545.04	582.85	557.8
Total Investments	1,513	1,542	1,231	1,944	1,698	1,794
Gross Loans	560.6	539.12	434.1	554.49	628.26	779.42
Allowance for Loan Losses	-16.81	-16.57	-17.24	-42.38	-101.46	-109.4
Net Loans	543.8	522.55	416.86	512.11	526.8	670.02
Property, Plant & Equipment	23.85	24.85	23.61	40.91	42.62	45.69
Goodwill	-	-	-	51.46	51.64	52.47
Other Intangible Assets	3	3.03	2.91	13.31	15.01	16.65
Investments in Real Estate	23.16	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	7.98	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	2,241	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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accrued Expenses	6.47	18.48	19.81	78.52	57.72	59.02
Interest Bearing Deposits	855.63	846.13	671.47	949.14	891.65	994.59
Total Deposits	855.63	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	-	10.79	20.71	-	22.59	8.74
Other Current Liabilities	-	-	386.85	1.63	1.51	1.39
Long-Term Debt	1,052	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	31.92	3.01	2.72	17.68	25.14	26.74
Total Liabilities	2,044	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	Mar 31, 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	47.89	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	-106.17	-105.4	-104.59	-67.6	-102.89	-99.92
Total Common Equity	159.44	165.24	205.27	249.03	246.97	280.1
Minority Interest	37.19	37.15	151.67	155.9	127.75	136.68
Shareholders' Equity	196.63	202.39	356.94	404.94	374.72	416.79
Total Liabilities & Equity	2,241	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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1,150	1,165	1,143	1,614	1,650	1,732
Net Cash (Debt)	-602.4	-585.32	-650.14	-479.6	-527.04	-563.8
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.38	-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	0.36	0.38	0.39	0.49	0.49	0.56
Tangible Book Value	156.44	162.22	202.36	184.26	180.32	210.99
Tangible Book Value Per Share	0.36	0.37	0.39	0.34	0.34	0.41

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 31, 2026

Data Sources Report a data error