United Real Estate Company K.S.C.P. (KWSE:URC)

KWSE:URC Balance Sheet

Financials in millions KWD. 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	14.13	17.93	9.68	26.33	10.95	14.2
Short-Term Investments	0.87	1	8.25	9.06	9.85	-
Cash & Short-Term Investments	15	18.93	17.94	35.38	20.8	14.2
Cash Growth	-53.13%	5.53%	-49.30%	70.12%	46.50%	22.26%
Accounts Receivable	44.96	41.33	46.42	41.39	44.08	47.16
Other Receivables	1.65	-	-	-	-	-
Receivables	46.61	41.33	46.42	41.39	44.08	47.16
Inventory	30.34	31.39	31.49	8.49	24.36	55.49
Prepaid Expenses	2.12	1.63	1.38	1.54	0.45	0.67
Other Current Assets	-	1.84	1.63	2.1	2.15	2.46
Total Current Assets	94.06	95.13	98.86	88.9	91.84	119.99
Property, Plant & Equipment	681.53	540.46	524.77	515.18	515.8	391.52
Long-Term Investments	49.91	50.75	46.96	42.28	42.54	62.07
Other Intangible Assets	1.21	1.26	1.39	1.49	1.6	1.7
Total Assets	826.72	687.6	671.97	665.48	667.72	600.43

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
Accounts Payable	58.52	66.76	66.98	66.86	77.15	46.14
Short-Term Debt	2.32	11.78	12.56	14.01	19.88	21.37
Current Portion of Long-Term Debt	18.27	15.68	10.41	6.96	75.57	9.47
Current Portion of Leases	7.45	1.02	1.3	0.85	-	-
Current Unearned Revenue	-	-	-	-	-	0.67
Other Current Liabilities	7.64	-	-	-	-	30.86
Total Current Liabilities	94.2	95.23	91.25	88.68	172.61	108.52
Long-Term Debt	335.3	332.2	342.53	350.65	267.31	275.68
Long-Term Leases	146.21	14.26	3.44	2.93	-	-
Long-Term Deferred Tax Liabilities	30.4	30.07	24.77	31.71	31.19	31.52
Other Long-Term Liabilities	6.93	6.19	5.69	4.88	8.06	-
Total Liabilities	613.04	477.95	467.68	478.85	479.17	415.73

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	143.05	143.05	143.05	143.05	143.05	118.8
Additional Paid-In Capital	24.98	19.38	16.04	16.04	16.04	16.04
Retained Earnings	35.46	42.26	46.73	41.35	45.34	38.93
Treasury Stock	-2.7	-7.65	-15.5	-15.5	-15.5	-14.48
Comprehensive Income & Other	6.45	6.07	6.06	-0.91	-0.74	10.43
Total Common Equity	207.24	203.12	196.38	184.04	188.19	169.72
Minority Interest	6.44	6.54	7.91	2.59	0.36	14.99
Shareholders' Equity	213.68	209.65	204.29	186.63	188.54	184.7
Total Liabilities & Equity	826.72	687.6	671.97	665.48	667.72	600.43

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	509.55	374.94	370.24	375.4	362.77	306.53
Net Cash (Debt)	-494.55	-356.01	-352.31	-340.01	-341.97	-292.33
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.36	-0.27	-0.27	-0.26	-0.32	-0.27
Filing Date Shares Outstanding	1,408	1,367	1,302	1,302	1,302	1,074
Total Common Shares Outstanding	1,408	1,367	1,302	1,302	1,302	1,074
Working Capital	-0.14	-0.11	7.6	0.22	-80.77	11.46
Book Value Per Share	0.15	0.15	0.15	0.14	0.14	0.16
Tangible Book Value	206.03	201.86	194.99	182.54	186.59	168.02
Tangible Book Value Per Share	0.15	0.15	0.15	0.14	0.14	0.16
Land	-	360.06	371.34	358.67	361.95	224.09
Buildings	-	180.84	179.63	178.77	175.95	189.74
Machinery	-	44.11	53	53.8	52.77	50.58
Construction In Progress	-	32.99	14.54	14.37	18.53	15.96

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 31, 2026

Data Sources Report a data error