National Corporation for Tourism & Hotels

NCTHStocksAbu Dhabi Securities ExchangeConsumer Discretionary

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024
Assets
Cash & Equivalents	805.97M	339.91M
Cash & Short-Term Investments	907.46M	409.95M
Receivables	470.42M	263.35M
Inventory	49.28M	24.87M
Current Assets	1.58B	0.75B
PP&E	3.96B	1.74B
Goodwill	451.67M	451.67M
Intangible Assets	142.75M	1.52M
Total Assets	6.74B	3.27B
Liabilities
Accounts Payable	184.51M	250.93M
Current Liabilities	861.12M	769.26M
Long-Term Debt	658.48M	615.11M
Short-Term Debt	25.93M	71.60M
Total Debt	0.90B	1.02B
Total Liabilities	1.72B	1.45B
Equity & Ownership
Retained Earnings	1.19B	0.36B
Total Equity	5.02B	1.82B
Net Debt	-4.77M	610.26M
Shares Outstanding	2,176,933,385	1,277,907,000
Cash & Assets
Total Assets	6.74B	3.27B
Total Current Assets	1.58B	0.75B
Cash & Equivalents	805.97M	339.91M
Cash & Short-Term Investments	907.46M	409.95M
Net Cash (Debt)	4.77M	-610.26M
Net Cash Per Share	0.00	-0.48
Cash Growth	+121.4%	—
Accounts Receivable	411.24M	213.81M
Other Receivables	59.18M	49.54M
Receivables	470.42M	263.35M
Inventory	49.28M	24.87M
Prepaid Expenses	153.45M	55.15M
Construction In Progress	548.89M	373.60M
Land	1.39B	0.23B
Buildings	2.30B	1.25B
Machinery	1.19B	0.49B
Leasehold Improvements	7.77M	5.28M
Property, Plant & Equipment	3.96B	1.74B
Goodwill	451.67M	451.67M
Other Intangible Assets	142.75M	1.52M
Other Long-Term Assets	302.52M	309.38M
Long-Term Deferred Tax Assets	9.22M	10.67M
Long-Term Leases	127.20M	42.56M
Current Portion of Leases	3.46M	3.13M
Loans & Investments
Trading Asset Securities	37.99M	14.20M
Short-Term Investments	63.51M	55.83M
Long-Term Investments	295.27M	—
Liabilities & Obligations
Total Liabilities	1.72B	1.45B
Total Liabilities & Equity	6.74B	3.27B
Total Current Liabilities	861.12M	769.26M
Accounts Payable	184.51M	250.93M
Accrued Expenses	322.34M	49.02M
Current Income Taxes Payable	39.11M	18.42M
Current Unearned Revenue	149.65M	88.31M
Other Current Liabilities	48.50M	0.06M
Pension & Post-Retirement Benefits	62.03M	21.61M
Long-Term Deferred Tax Liabilities	12.76M	—
Debt & Funding
Long-Term Debt	658.48M	615.11M
Short-Term Debt	25.93M	71.60M
Total Debt	0.90B	1.02B
Current Portion of Long-Term Debt	87.63M	287.81M
Equity & Book Value
Shareholders' Equity	5.02B	1.82B
Common Stock	2.18B	0.47B
Additional Paid-In Capital	1.98B	—
Retained Earnings	1.19B	0.36B
Comprehensive Income & Other	-327.85M	985.77M
Book Value Per Share	2.31	1.42
Tangible Book Value	4.42B	1.37B
Tangible Book Value Per Share	2.03	1.07
Filing Date Shares Outstanding	2.18B	1.28B
Total Common Shares Outstanding	2.18B	1.28B
Working Capital	719.49M	-15.95M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024
Assets
Cash & Equivalents	805.97M	339.91M
Cash & Short-Term Investments	907.46M	409.95M
Receivables	470.42M	263.35M
Inventory	49.28M	24.87M
Current Assets	1.58B	0.75B
PP&E	3.96B	1.74B
Goodwill	451.67M	451.67M
Intangible Assets	142.75M	1.52M
Total Assets	6.74B	3.27B
Liabilities
Accounts Payable	184.51M	250.93M
Current Liabilities	861.12M	769.26M
Long-Term Debt	658.48M	615.11M
Short-Term Debt	25.93M	71.60M
Total Debt	0.90B	1.02B
Total Liabilities	1.72B	1.45B
Equity & Ownership
Retained Earnings	1.19B	0.36B
Total Equity	5.02B	1.82B
Net Debt	-4.77M	610.26M
Shares Outstanding	2,176,933,385	1,277,907,000
Cash & Assets
Total Assets	6.74B	3.27B
Total Current Assets	1.58B	0.75B
Cash & Equivalents	805.97M	339.91M
Cash & Short-Term Investments	907.46M	409.95M
Net Cash (Debt)	4.77M	-610.26M
Net Cash Per Share	0.00	-0.48
Cash Growth	+121.4%	—
Accounts Receivable	411.24M	213.81M
Other Receivables	59.18M	49.54M
Receivables	470.42M	263.35M
Inventory	49.28M	24.87M
Prepaid Expenses	153.45M	55.15M
Construction In Progress	548.89M	373.60M
Land	1.39B	0.23B
Buildings	2.30B	1.25B
Machinery	1.19B	0.49B
Leasehold Improvements	7.77M	5.28M
Property, Plant & Equipment	3.96B	1.74B
Goodwill	451.67M	451.67M
Other Intangible Assets	142.75M	1.52M
Other Long-Term Assets	302.52M	309.38M
Long-Term Deferred Tax Assets	9.22M	10.67M
Long-Term Leases	127.20M	42.56M
Current Portion of Leases	3.46M	3.13M
Loans & Investments
Trading Asset Securities	37.99M	14.20M
Short-Term Investments	63.51M	55.83M
Long-Term Investments	295.27M	—
Liabilities & Obligations
Total Liabilities	1.72B	1.45B
Total Liabilities & Equity	6.74B	3.27B
Total Current Liabilities	861.12M	769.26M
Accounts Payable	184.51M	250.93M
Accrued Expenses	322.34M	49.02M
Current Income Taxes Payable	39.11M	18.42M
Current Unearned Revenue	149.65M	88.31M
Other Current Liabilities	48.50M	0.06M
Pension & Post-Retirement Benefits	62.03M	21.61M
Long-Term Deferred Tax Liabilities	12.76M	—
Debt & Funding
Long-Term Debt	658.48M	615.11M
Short-Term Debt	25.93M	71.60M
Total Debt	0.90B	1.02B
Current Portion of Long-Term Debt	87.63M	287.81M
Equity & Book Value
Shareholders' Equity	5.02B	1.82B
Common Stock	2.18B	0.47B
Additional Paid-In Capital	1.98B	—
Retained Earnings	1.19B	0.36B
Comprehensive Income & Other	-327.85M	985.77M
Book Value Per Share	2.31	1.42
Tangible Book Value	4.42B	1.37B
Tangible Book Value Per Share	2.03	1.07
Filing Date Shares Outstanding	2.18B	1.28B
Total Common Shares Outstanding	2.18B	1.28B
Working Capital	719.49M	-15.95M