National Cleaning Company K.P.S.C. (KWSE:CLEANING)

KWSE:CLEANING Balance Sheet

Financials in millions KWD. 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	3.37	6.07	3.22	3.51	1.81	4.68
Short-Term Investments	0.32	0.32	0.24	0.19	0.19	0.2
Trading Asset Securities	1.17	0	0.02	0.03	0.03	0.04
Cash & Short-Term Investments	4.85	6.39	3.48	3.73	2.03	4.93
Cash Growth	-18.87%	83.60%	-6.71%	83.65%	-58.77%	-16.85%
Accounts Receivable	26.14	20.98	22.03	23.16	22.77	21.9
Other Receivables	0.47	0.26	0.47	0.57	0.71	0.66
Receivables	26.61	21.24	22.5	23.73	23.48	22.57
Inventory	1.3	1.1	1.2	1.76	2.11	2.3
Prepaid Expenses	1.33	1.94	4.28	5.52	4.35	3.67
Other Current Assets	6.36	5.58	4.47	2.71	2.68	2.38
Total Current Assets	40.45	36.25	35.93	37.44	34.66	35.85
Property, Plant & Equipment	36.93	43.56	55.42	62.45	65.52	64.06
Long-Term Investments	0.77	0.81	0.47	0.5	0.51	0.46
Goodwill	5.07	5.07	5.16	5.05	5.05	5.1
Total Assets	83.22	85.69	96.98	105.45	105.74	105.47
Accounts Payable	17.49	13.83	17.09	15.54	7.09	6.46
Accrued Expenses	4.7	4.47	6.39	6.58	6.13	5.7
Short-Term Debt	0.97	2.06	3.07	5.08	5.96	5.24
Current Portion of Long-Term Debt	4.64	3.85	10.94	16.61	12.27	12.44
Current Portion of Leases	-	-	0.01	0.01	0.08	0.08
Current Income Taxes Payable	0.03	0.18	0.03	0.03	-	-
Other Current Liabilities	1.04	2.85	3.01	2.7	2.08	1.72
Total Current Liabilities	28.87	27.23	40.54	46.55	33.61	31.64
Long-Term Debt	18.41	24.44	22.45	25.35	32.79	32.06
Long-Term Leases	-	-	0.01	0.02	0.03	0.11
Other Long-Term Liabilities	6.49	-	-	-	-	-
Total Liabilities	53.77	58.08	70.51	79.29	73.27	70.84
Common Stock	24.97	24.97	24.97	24.97	24.97	24.97
Additional Paid-In Capital	7.36	7.36	7.36	7.36	7.36	7.36
Retained Earnings	0.24	-0.32	-1.42	-1.88	1.49	3.67
Treasury Stock	-0.04	-1.08	-1.08	-1.08	-1.08	-1.08
Comprehensive Income & Other	-1.34	-1.61	-1.63	-1.58	-1.42	-1.43
Total Common Equity	31.19	29.32	28.2	27.8	31.33	33.5
Minority Interest	-1.74	-1.71	-1.73	-1.64	1.14	1.13
Shareholders' Equity	29.45	27.61	26.48	26.16	32.47	34.63
Total Liabilities & Equity	83.22	85.69	96.98	105.45	105.74	105.47
Total Debt	24.02	30.35	36.48	47.07	51.13	49.93
Net Cash (Debt)	-19.16	-23.96	-33	-43.34	-49.1	-45
Net Cash Per Share	-0.08	-0.10	-0.14	-0.19	-0.21	-0.19
Filing Date Shares Outstanding	245.16	231.37	231.37	231.37	231.37	231.37
Total Common Shares Outstanding	245.16	231.37	231.37	231.37	231.37	231.37
Working Capital	11.58	9.02	-4.61	-9.11	1.04	4.2
Book Value Per Share	0.13	0.13	0.12	0.12	0.14	0.14
Tangible Book Value	26.13	24.25	23.05	22.74	26.27	28.39
Tangible Book Value Per Share	0.11	0.10	0.10	0.10	0.11	0.12
Land	-	26.26	32.01	28.01	28.01	24.23
Buildings	-	19.95	21.08	19.17	19.09	14.71
Machinery	-	63.49	66.77	70.93	68.44	67.33
Construction In Progress	-	0.82	0.53	9.02	5.92	9.39

Updated Nov 10, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.