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

CLEANING Balance Sheet

Financials in millions KWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	9.35	3.22	3.51	1.81	4.68	3.63
Short-Term Investments	0.19	0.24	0.19	0.19	0.2	2.2
Trading Asset Securities	0	0.02	0.03	0.03	0.04	0.09
Cash & Short-Term Investments	9.54	3.48	3.73	2.03	4.93	5.93
Cash Growth	149.77%	-6.71%	83.65%	-58.77%	-16.85%	33.42%
Accounts Receivable	24.65	22.03	23.16	22.77	21.9	21.19
Other Receivables	0.46	0.47	0.57	0.71	0.66	0.05
Receivables	25.11	22.5	23.73	23.48	22.57	21.66
Inventory	1.18	1.2	1.76	2.11	2.3	2.32
Prepaid Expenses	2.39	4.28	5.52	4.35	3.67	3.97
Other Current Assets	5.62	4.47	2.71	2.68	2.38	2.82
Total Current Assets	43.84	35.93	37.44	34.66	35.85	36.69
Property, Plant & Equipment	44.37	55.42	62.45	65.52	64.06	65.14
Long-Term Investments	0.62	0.47	0.5	0.51	0.46	0.46
Goodwill	5.16	5.16	5.05	5.05	5.1	5.25
Total Assets	93.98	96.98	105.45	105.74	105.47	107.54
Accounts Payable	17.12	17.09	15.54	7.09	6.46	5.77
Accrued Expenses	5.51	6.39	6.58	6.13	5.7	5.49
Short-Term Debt	2.35	3.07	5.08	5.96	5.24	4.27
Current Portion of Long-Term Debt	8.01	10.94	16.61	12.27	12.44	14.91
Current Portion of Leases	-	0.01	0.01	0.08	0.08	0.06
Current Income Taxes Payable	0.05	0.03	0.03	-	-	0.06
Other Current Liabilities	2.52	3.01	2.7	2.08	1.72	1.89
Total Current Liabilities	35.56	40.54	46.55	33.61	31.64	32.45
Long-Term Debt	23.3	22.45	25.35	32.79	32.06	30.71
Long-Term Leases	-	0.01	0.02	0.03	0.11	0.16
Total Liabilities	66.07	70.51	79.29	73.27	70.84	70.33
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	0.09	-1.42	-1.88	1.49	3.67	6.09
Treasury Stock	-1.08	-1.08	-1.08	-1.08	-1.08	-1.08
Comprehensive Income & Other	-1.6	-1.63	-1.58	-1.42	-1.43	-1.31
Total Common Equity	29.75	28.2	27.8	31.33	33.5	36.03
Minority Interest	-1.84	-1.73	-1.64	1.14	1.13	1.17
Shareholders' Equity	27.91	26.48	26.16	32.47	34.63	37.21
Total Liabilities & Equity	93.98	96.98	105.45	105.74	105.47	107.54
Total Debt	33.65	36.48	47.07	51.13	49.93	50.11
Net Cash (Debt)	-24.11	-33	-43.34	-49.1	-45	-44.19
Net Cash Per Share	-0.10	-0.14	-0.19	-0.21	-0.19	-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	8.28	-4.61	-9.11	1.04	4.2	4.24
Book Value Per Share	0.13	0.12	0.12	0.14	0.14	0.16
Tangible Book Value	24.59	23.05	22.74	26.27	28.39	30.78
Tangible Book Value Per Share	0.11	0.10	0.10	0.11	0.12	0.13
Land	-	32.01	28.01	28.01	24.23	24.24
Buildings	-	21.08	19.17	19.09	14.71	14.68
Machinery	-	66.77	70.93	68.44	67.33	67.76
Construction In Progress	-	0.53	9.02	5.92	9.39	5.94

Source: S&P Capital IQ. Standard template. Financial Sources.