Oman National Engineering & Investment Company SAOG (MSM:ONES)

MSM:ONES Balance Sheet

Financials in millions OMR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	12.52	11.39	3.11	4.79	3.15	4.46
Cash & Short-Term Investments	12.52	11.39	3.11	4.79	3.15	4.46
Cash Growth	30.02%	266.39%	-35.08%	52.27%	-29.51%	109.12%
Accounts Receivable	87.17	63.4	62.75	85.21	96.05	81.23
Other Receivables	2.06	2.07	1.5	1.61	1.45	1.46
Receivables	89.23	65.47	64.26	86.82	97.5	82.69
Inventory	1.37	2.36	1.08	0.49	0.43	0.82
Prepaid Expenses	0.61	0.63	0.61	0.51	0.88	1.21
Other Current Assets	25.31	24.43	26.87	0.47	1.37	1.61
Total Current Assets	129.05	104.28	95.92	93.07	103.32	90.79
Property, Plant & Equipment	16.42	16.32	15.95	16.41	17.63	17.35
Long-Term Investments	1.71	2.89	1.83	2.65	1.13	1.25
Goodwill	0.15	0.15	0.15	0.15	0.15	0.15
Long-Term Accounts Receivable	32.8	-	-	-	-	-
Long-Term Deferred Tax Assets	1.28	1.28	1.21	0.88	0.88	0.95
Long-Term Deferred Charges	-	32.17	22.56	17.64	-	-
Other Long-Term Assets	6.63	6.7	6.85	6.99	20.86	12.87
Total Assets	188.04	163.81	144.48	137.79	143.98	123.36
Accounts Payable	15.5	35.88	39.62	4.61	5.29	12.54
Accrued Expenses	17.27	18.43	6.88	10.79	12.38	7.69
Short-Term Debt	66.62	22.13	31.43	54.9	75.95	61
Current Portion of Long-Term Debt	16	12.87	6.69	12.18	0.6	-
Current Income Taxes Payable	0.23	0.52	0.43	0.37	0.36	0.06
Other Current Liabilities	8.45	8.61	4.19	2.57	4.22	2.97
Total Current Liabilities	124.07	98.43	89.24	85.41	98.79	84.27
Long-Term Debt	29.77	25.66	21.5	21.19	16	12.03
Long-Term Deferred Tax Liabilities	0.94	0.93	0.92	0.64	0.65	0.55
Other Long-Term Liabilities	-	5.42	-	-	-	-
Total Liabilities	156.95	132.47	113.96	109.06	117.26	98.89
Common Stock	15	15	15	14	13	12
Additional Paid-In Capital	2	2	2	2	2	2
Retained Earnings	9.12	9.28	8.14	7.37	6.77	6.26
Comprehensive Income & Other	4.65	4.74	5.09	5.16	4.82	4.12
Total Common Equity	30.77	31.02	30.23	28.53	26.59	24.39
Minority Interest	0.32	0.32	0.28	0.2	0.13	0.08
Shareholders' Equity	31.09	31.34	30.52	28.74	26.72	24.47
Total Liabilities & Equity	188.04	163.81	144.48	137.79	143.98	123.36
Total Debt	112.39	60.66	59.62	88.26	92.55	73.03
Net Cash (Debt)	-99.87	-49.27	-56.51	-83.47	-89.4	-68.57
Net Cash Per Share	-0.67	-0.33	-0.38	-0.56	-0.60	-0.46
Filing Date Shares Outstanding	150	150	150	150	150	149.99
Total Common Shares Outstanding	150	150	150	150	150	149.99
Working Capital	4.98	5.85	6.69	7.66	4.53	6.53
Book Value Per Share	0.21	0.21	0.20	0.19	0.18	0.16
Tangible Book Value	30.62	30.87	30.08	28.38	26.44	24.24
Tangible Book Value Per Share	0.20	0.21	0.20	0.19	0.18	0.16
Land	12.23	12.23	12.11	12.18	12.11	11.12
Machinery	19.88	19.33	18.77	18.88	19.69	15.3
Construction In Progress	0.6	0.41	0.44	0.05	0.13	5.21
Order Backlog	-	169.9	-	-	113.73	143.5

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.