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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	18.04	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	18.04	23.48	15.82	53.5	105.18	37.71
Cash Growth	-67.86%	48.46%	-70.44%	-49.14%	178.92%	194.68%
Accounts Receivable	45.41	44.4	42.8	11.23	11.35	51.35
Other Receivables	2.64	1.64	1.33	2.66	13.73	1.61
Receivables	48.05	46.04	44.13	13.89	25.08	83.36
Inventory	3.08	3.18	2.97	2.74	2.13	1.82
Prepaid Expenses	1.18	0.48	0.31	0.14	5.46	-
Other Current Assets	3.27	4.01	0.11	0.75	-	7.81
Total Current Assets	73.61	77.2	63.34	71.03	137.85	130.7
Property, Plant & Equipment	37.52	12.93	13.98	13.07	9.63	5.33
Long-Term Investments	151.73	-	-	1,013	971.22	2.61
Long-Term Accounts Receivable	992.45	1,125	1,026	-	-	147.02
Long-Term Deferred Tax Assets	13.9	9.14	7.2	4.37	2.84	-
Total Assets	1,273	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	9.37	45.98	4.25	11.22	39.64	12.26
Accrued Expenses	12.06	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	1.18	0.49	0.2	0.19	0.31	0.51
Current Income Taxes Payable	-	-	-	-	0.05	0.05
Current Unearned Revenue	44.96	55.28	34.39	39.61	4.52	35.84
Other Current Liabilities	4.15	3.85	3.17	2.86	13.3	18.09
Total Current Liabilities	80.98	125.45	62.6	71.6	99.15	105
Long-Term Debt	433.43	371.95	345.67	320.19	357.53	387.8
Long-Term Leases	28.84	9.66	10.45	8.89	9.04	4.16
Long-Term Unearned Revenue	14.26	14.16	5.26	4.67	4.86	-
Pension & Post-Retirement Benefits	0.3	0.34	0.58	0.51	0.56	0.41
Long-Term Deferred Tax Liabilities	81.06	71.84	60.44	48.84	41.81	29.98
Total Liabilities	638.87	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	Jun 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	201.25	198.38	192.69	213.8	263.42	218.03
Treasury Stock	-0.53	-0.28	-	-	-	-
Comprehensive Income & Other	0.02	0.02	0.08	0.12	8.38	2.61
Shareholders' Equity	633.8	631.18	625.83	646.98	608.59	557.43
Total Liabilities & Equity	1,273	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	472.72	391.36	365.58	338.54	397.75	421.61
Net Cash (Debt)	-454.68	-367.88	-349.77	-285.04	-292.56	-383.9
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.11	-0.09	-0.08	-0.07	-0.07	-0.09
Filing Date Shares Outstanding	4,327	4,328	4,331	4,331	4,331	4,331
Total Common Shares Outstanding	4,327	4,328	4,331	4,331	4,331	4,331
Working Capital	-7.36	-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	633.8	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: 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 16, 2026

Data Sources Report a data error