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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2.02	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	0.45	0	0.02	0.03	0.03	0.04
Cash & Short-Term Investments	2.79	6.39	3.48	3.73	2.03	4.93
Cash Growth	-22.25%	83.60%	-6.71%	83.65%	-58.77%	-16.85%
Accounts Receivable	22.17	20.98	22.03	23.16	22.77	21.9
Other Receivables	0.65	0.26	0.47	0.57	0.71	0.66
Receivables	22.81	21.24	22.5	23.73	23.48	22.57
Inventory	0.44	1.1	1.2	1.76	2.11	2.3
Prepaid Expenses	1.59	1.94	4.28	5.52	4.35	3.67
Other Current Assets	5.8	5.58	4.47	2.71	2.68	2.38
Total Current Assets	33.42	36.25	35.93	37.44	34.66	35.85
Property, Plant & Equipment	40.49	43.56	55.42	62.45	65.52	64.06
Long-Term Investments	0.8	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	79.79	85.69	96.98	105.45	105.74	105.47
Accounts Payable	14.84	13.83	17.09	15.54	7.09	6.46
Accrued Expenses	4.61	4.47	6.39	6.58	6.13	5.7
Short-Term Debt	1.02	2.06	3.07	5.08	5.96	5.24
Current Portion of Long-Term Debt	3.82	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	0.01	0.18	0.03	0.03	-	-
Other Current Liabilities	1.28	2.85	3.01	2.7	2.08	1.72
Total Current Liabilities	25.58	27.23	40.54	46.55	33.61	31.64
Long-Term Debt	20	24.44	22.45	25.35	32.79	32.06
Long-Term Leases	-	-	0.01	0.02	0.03	0.11
Total Liabilities	52.03	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	-0.13	-0.32	-1.42	-1.88	1.49	3.67
Treasury Stock	-1.08	-1.08	-1.08	-1.08	-1.08	-1.08
Comprehensive Income & Other	-1.6	-1.61	-1.63	-1.58	-1.42	-1.43
Total Common Equity	29.52	29.32	28.2	27.8	31.33	33.5
Minority Interest	-1.76	-1.71	-1.73	-1.64	1.14	1.13
Shareholders' Equity	27.76	27.61	26.48	26.16	32.47	34.63
Total Liabilities & Equity	79.79	85.69	96.98	105.45	105.74	105.47
Total Debt	24.84	30.35	36.48	47.07	51.13	49.93
Net Cash (Debt)	-22.06	-23.96	-33	-43.34	-49.1	-45
Net Cash Per Share	-0.10	-0.10	-0.14	-0.19	-0.21	-0.19
Filing Date Shares Outstanding	231.37	231.37	231.37	231.37	231.37	231.37
Total Common Shares Outstanding	231.37	231.37	231.37	231.37	231.37	231.37
Working Capital	7.85	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	24.45	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.