Sharqiyah Desalination Company SAOG (MSM:SHRQ)

MSM:SHRQ 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	0.96	1.81	1.84	1.76	1.99	2.11
Accounts Receivable	6.25	6.01	5.76	5.58	5.09	4.83
Other Receivables	0.1	0.09	0.12	-	0.1	0.12
Prepaid Expenses	0.11	-	-	-	-	-
Other Current Assets	0.42	0.31	0.44	0.28	0.05	0.05
Total Current Assets	7.83	8.22	8.16	7.63	7.24	7.11
Property, Plant & Equipment	4.02	4.25	4.76	5.21	0.61	0.58
Other Intangible Assets	0.07	0.08	0.1	0.12	-	-
Long-Term Accounts Receivable	40.35	42.78	47.36	51.56	55.4	58.93
Other Long-Term Assets	0.74	0.69	1.27	1.14	-	-
Total Assets	53.01	56	61.66	65.66	63.24	66.62

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	1.03	1.06	1.23	1.18	1	1.03
Accrued Expenses	0.96	0.8	0.93	0.86	1.09	0.89
Current Portion of Long-Term Debt	3.89	3.76	3.54	3.39	3.25	3.62
Current Unearned Revenue	0.01	0.01	0.01	0.01	0.01	0.01
Current Portion of Leases	0.34	0.33	0.33	0.31	0.06	0.06
Current Income Taxes Payable	0.18	0.28	0.03	-	-	-
Other Current Liabilities	0	0	0	0	0	-
Total Current Liabilities	6.42	6.25	6.08	5.76	5.42	5.6
Long-Term Debt	24.68	26.61	30.2	33.39	37.1	43.59
Long-Term Leases	3.76	3.93	4.26	4.59	0.04	0.08
Long-Term Unearned Revenue	0.23	0.24	0.25	0.26	0.27	0.28
Pension & Post-Retirement Benefits	-	0.03	0.03	0.1	0.1	0.1
Long-Term Deferred Tax Liabilities	3.45	3.53	3.83	3.72	3.34	2.66
Other Long-Term Liabilities	-	-	-	0.4	-	-
Total Liabilities	38.54	40.59	44.66	48.22	46.28	52.32

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	9.78	9.78	9.78	9.78	9.78	9.78
Retained Earnings	3.82	5.05	6.01	6.88	7.67	8.24
Comprehensive Income & Other	0.88	0.59	1.2	0.77	-0.49	-3.71
Shareholders' Equity	14.48	15.42	16.99	17.44	16.96	14.3
Total Liabilities & Equity	53.01	56	61.66	65.66	63.24	66.62

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	32.67	34.63	38.33	41.68	40.45	47.34
Net Cash (Debt)	-31.71	-32.82	-36.49	-39.92	-38.46	-45.23
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.32	-0.34	-0.37	-0.41	-0.39	-0.46
Filing Date Shares Outstanding	97.8	97.8	97.8	97.8	97.8	97.8
Total Common Shares Outstanding	97.8	97.8	97.8	97.8	97.8	97.8
Working Capital	1.42	1.96	2.08	1.87	1.82	1.51
Book Value Per Share	0.15	0.16	0.17	0.18	0.17	0.15
Tangible Book Value	14.41	15.34	16.9	17.32	16.96	14.3
Tangible Book Value Per Share	0.15	0.16	0.17	0.18	0.17	0.15
Buildings	0.1	0.1	0.1	0.1	0.1	0.1
Machinery	1.09	1.09	1.09	1.02	0.86	0.85
Construction In Progress	-	-	-	-	0.17	-

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 7, 2026

Data Sources Report a data error