National Petroleum Services Company K.S.C.P. (KWSE:NAPESCO)

KWSE:NAPESCO 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	5.73	5.24	2.66	2.18	2.2	2.04
Short-Term Investments	19.24	19.9	14.84	17.33	14.96	13.11
Trading Asset Securities	0	0	0.61	0.61	1.41	0.94
Cash & Short-Term Investments	24.96	25.14	18.11	20.12	18.56	16.09
Cash Growth	101.65%	38.82%	-9.99%	8.44%	15.35%	-18.49%
Accounts Receivable	12.78	11.28	12.66	13.37	12.71	14.3
Other Receivables	0.43	0.52	0.67	0.39	0.35	0.38
Receivables	13.21	11.8	13.33	13.75	13.06	14.68
Inventory	6.69	6.44	4.53	5.48	4.24	5.02
Other Current Assets	1.98	1.26	1.07	1.11	1.93	1.91
Total Current Assets	46.85	44.64	37.04	40.46	37.79	37.71
Property, Plant & Equipment	15.66	15.99	14.24	12.69	9.65	10.63
Long-Term Investments	19.34	18.99	19.39	-	-	-
Other Long-Term Assets	-	-	0.02	-	-	-
Total Assets	81.85	79.62	70.68	53.15	47.44	48.34
Accounts Payable	3.48	3.88	2.02	1.42	1.49	0.78
Accrued Expenses	4.53	4.64	4.15	2.75	2.02	3.13
Current Portion of Leases	0.11	0.06	0.23	0.21	0.18	0.28
Current Income Taxes Payable	0.1	0.72	0.44	0.35	0.24	0.31
Current Unearned Revenue	0.7	0.44	0.49	1.84	0.87	-
Other Current Liabilities	1.78	1.15	4.55	0.69	0.69	0.54
Total Current Liabilities	10.71	10.89	11.88	7.27	5.5	5.04
Long-Term Leases	0.23	-	0.05	0.16	0.07	0.15
Total Liabilities	14.6	14.16	14.72	10.89	8.6	8.11
Common Stock	10	10	10	10	10	10
Additional Paid-In Capital	3.34	3.34	3.34	3.34	3.34	3.34
Retained Earnings	43.6	42.29	34.36	29.59	26.16	27.53
Treasury Stock	-6	-6	-6	-0.65	-0.65	-0.65
Comprehensive Income & Other	-0.27	-0.27	-0.02	-0.02	-0.01	0.01
Total Common Equity	50.67	49.36	41.68	42.26	38.84	40.23
Minority Interest	16.57	16.1	14.28	0	0	0
Shareholders' Equity	67.24	65.46	55.97	42.26	38.84	40.23
Total Liabilities & Equity	81.85	79.62	70.68	53.15	47.44	48.34
Total Debt	0.34	0.06	0.29	0.38	0.25	0.43
Net Cash (Debt)	24.62	25.08	17.83	19.75	18.31	15.66
Net Cash Growth	101.36%	40.70%	-9.72%	7.85%	16.94%	-19.18%
Net Cash Per Share	0.27	0.28	0.18	0.20	0.19	0.16
Filing Date Shares Outstanding	90.34	90.34	90.34	97	97	97
Total Common Shares Outstanding	90.34	90.34	90.34	97	97	97
Working Capital	36.14	33.75	25.16	33.19	32.29	32.67
Book Value Per Share	0.56	0.55	0.46	0.44	0.40	0.41
Tangible Book Value	50.67	49.36	41.68	42.26	38.84	40.23
Tangible Book Value Per Share	0.56	0.55	0.46	0.44	0.40	0.41
Buildings	-	6.57	4.88	3.24	2.99	2.83
Machinery	-	38.84	36.98	32.17	28.19	28.63

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.