OQ Gas Networks SAOG (MSM:OQGN)

OQ Gas Networks SAOG Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	27.12	23.48	15.82	23.77	67.38	34.36
Short-Term Investments	-	-	-	29.73	32.58	3.35
Trading Asset Securities	-	-	-	-	5.22	0
Cash & Short-Term Investments	27.12	23.48	15.82	53.5	105.18	37.71
Cash Growth	-35.35%	48.46%	-70.44%	-49.14%	178.92%	194.68%
Accounts Receivable	42.81	44.4	42.8	11.23	11.35	51.35
Other Receivables	2.23	1.64	1.33	2.66	13.73	1.61
Receivables	45.05	46.04	44.13	13.89	25.08	83.36
Inventory	3.46	3.18	2.97	2.74	2.13	1.82
Prepaid Expenses	0.48	0.48	0.31	0.14	5.46	-
Other Current Assets	3.61	4.01	0.11	0.75	-	7.81
Total Current Assets	79.72	77.2	63.34	71.03	137.85	130.7
Property, Plant & Equipment	42.96	12.93	13.98	13.07	9.63	5.33
Long-Term Investments	164.14	-	-	1,013	971.22	2.61
Long-Term Accounts Receivable	989.32	1,125	1,026	-	-	147.02
Long-Term Deferred Tax Assets	14.76	9.14	7.2	4.37	2.84	-
Total Assets	1,294	1,225	1,111	1,102	1,122	1,085

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	8.92	45.98	4.25	11.22	39.64	12.26
Accrued Expenses	7.4	10.58	11.32	8.44	10.46	9.1
Current Portion of Long-Term Debt	9.27	9.27	9.27	9.28	30.87	29.14
Current Portion of Leases	1.17	0.49	0.2	0.19	0.31	0.51
Current Income Taxes Payable	-	-	-	-	0.05	0.05
Current Unearned Revenue	20.57	18.18	17.81	39.61	4.52	35.84
Other Current Liabilities	30.86	40.95	19.75	2.86	13.3	18.09
Total Current Liabilities	78.19	125.45	62.6	71.6	99.15	105
Long-Term Debt	433.57	371.95	345.67	320.19	357.53	387.8
Long-Term Leases	29.1	9.66	10.45	8.89	9.04	4.16
Long-Term Unearned Revenue	22.22	14.16	5.26	4.67	4.86	-
Pension & Post-Retirement Benefits	0.31	0.34	0.58	0.51	0.56	0.41
Long-Term Deferred Tax Liabilities	83.94	71.84	60.44	48.84	41.81	29.98
Total Liabilities	647.33	593.39	485	454.7	512.94	527.35

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	433.06	433.06	433.06	433.06	336.79	336.79
Retained Earnings	213.6	198.38	192.69	213.8	263.42	218.03
Treasury Stock	-0.09	-0.28	-	-	-	-
Comprehensive Income & Other	0.02	0.02	0.08	0.12	8.38	2.61
Shareholders' Equity	646.98	631.18	625.83	646.98	608.59	557.43
Total Liabilities & Equity	1,294	1,225	1,111	1,102	1,122	1,085

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	473.11	391.36	365.58	338.54	397.75	421.61
Net Cash (Debt)	-445.99	-367.88	-349.77	-285.04	-292.56	-383.9
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.10	-0.09	-0.08	-0.07	-0.07	-0.09
Filing Date Shares Outstanding	4,330	4,328	4,331	4,331	4,331	4,331
Total Common Shares Outstanding	4,330	4,328	4,331	4,331	4,331	4,331
Working Capital	1.53	-48.25	0.74	-0.57	38.7	25.69
Book Value Per Share	0.15	0.15	0.14	0.15	0.14	0.13
Tangible Book Value	646.98	631.18	625.83	646.98	608.59	557.43
Tangible Book Value Per Share	0.15	0.15	0.14	0.15	0.14	0.13
Buildings	-	4.06	4.06	5.06	1.16	1
Construction In Progress	-	1.01	0.94	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Nov 1, 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:

Nov 10, 2026

Data Sources Report a data error