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

KWSE:CLEANING Balance Sheet

Financials in millions KWD. 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	4.37	5.41	6.07	3.22	3.51	1.81
Short-Term Investments	0.43	0.35	0.32	0.24	0.19	0.19
Trading Asset Securities	0	0	0	0.02	0.03	0.03
Cash & Short-Term Investments	4.8	5.76	6.39	3.48	3.73	2.03
Cash Growth	-1.08%	-9.78%	83.60%	-6.71%	83.65%	-58.77%
Accounts Receivable	24.98	26.5	20.98	22.03	23.16	22.77
Other Receivables	0.42	0.42	0.26	0.47	0.57	0.71
Receivables	25.4	26.92	21.24	22.5	23.73	23.48
Inventory	1.2	1.12	1.1	1.2	1.76	2.11
Prepaid Expenses	2.03	1.67	1.94	4.28	5.52	4.35
Other Current Assets	8.28	5.46	5.58	4.47	2.71	2.68
Total Current Assets	41.71	40.94	36.25	35.93	37.44	34.66
Property, Plant & Equipment	23.74	16.47	43.56	55.42	62.45	65.52
Long-Term Investments	0.2	0.19	0.81	0.47	0.5	0.51
Goodwill	5	5	5.07	5.16	5.05	5.05
Other Long-Term Assets	22.61	22.61	-	-	-	-
Total Assets	93.26	85.2	85.69	96.98	105.45	105.74

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	16.2	17.45	13.83	17.09	15.54	7.09
Accrued Expenses	5.93	5.18	4.47	6.39	6.58	6.13
Short-Term Debt	0.92	0.95	2.06	3.07	5.08	5.96
Current Portion of Long-Term Debt	7.32	5.67	3.85	10.94	16.61	12.27
Current Portion of Leases	-	-	-	0.01	0.01	0.08
Current Income Taxes Payable	0.08	0.1	0.18	0.03	0.03	-
Other Current Liabilities	2.79	1.59	2.85	3.01	2.7	2.08
Total Current Liabilities	33.23	30.94	27.23	40.54	46.55	33.61
Long-Term Debt	17.03	12.87	24.44	22.45	25.35	32.79
Long-Term Leases	-	-	-	0.01	0.02	0.03
Pension & Post-Retirement Benefits	6.39	6.28	6.41	7.5	7.37	6.84
Total Liabilities	56.66	50.09	58.08	70.51	79.29	73.27

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	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	8	6.69	-0.32	-1.42	-1.88	1.49
Treasury Stock	-0.56	-0.84	-1.08	-1.08	-1.08	-1.08
Comprehensive Income & Other	-1.53	-1.33	-1.61	-1.63	-1.58	-1.42
Total Common Equity	38.24	36.85	29.32	28.2	27.8	31.33
Minority Interest	-1.64	-1.73	-1.71	-1.73	-1.64	1.14
Shareholders' Equity	36.61	35.12	27.61	26.48	26.16	32.47
Total Liabilities & Equity	93.26	85.2	85.69	96.98	105.45	105.74

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	25.27	19.48	30.35	36.48	47.07	51.13
Net Cash (Debt)	-20.47	-13.72	-23.96	-33	-43.34	-49.1
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.08	-0.06	-0.10	-0.14	-0.19	-0.21
Filing Date Shares Outstanding	245.16	245.16	231.37	231.37	231.37	231.37
Total Common Shares Outstanding	245.16	245.16	231.37	231.37	231.37	231.37
Working Capital	8.49	10	9.02	-4.61	-9.11	1.04
Book Value Per Share	0.16	0.15	0.13	0.12	0.12	0.14
Tangible Book Value	33.25	31.85	24.25	23.05	22.74	26.27
Tangible Book Value Per Share	0.14	0.13	0.10	0.10	0.10	0.11
Land	-	5.97	26.26	32.01	28.01	28.01
Buildings	-	11.64	19.95	21.08	19.17	19.09
Machinery	-	62.26	63.49	66.77	70.93	68.44
Construction In Progress	-	1.06	0.82	0.53	9.02	5.92

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 27, 2026

Data Sources Report a data error