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

KWSE:NAPESCO 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	11.52	12.15	5.24	2.66	2.18	2.2
Short-Term Investments	24.87	24.63	19.9	14.84	17.33	14.96
Trading Asset Securities	0	0	0	0.61	0.61	1.41
Cash & Short-Term Investments	36.39	36.78	25.14	18.11	20.12	18.56
Cash Growth	45.79%	46.27%	38.82%	-9.99%	8.44%	15.35%
Accounts Receivable	11.7	11.8	11.28	12.66	13.37	12.71
Other Receivables	0.28	0.36	0.52	0.67	0.39	0.35
Receivables	11.98	12.16	11.8	13.33	13.75	13.06
Inventory	7.33	7.5	6.44	4.53	5.48	4.24
Other Current Assets	1.24	0.98	1.26	1.07	1.11	1.93
Total Current Assets	56.94	57.42	44.64	37.04	40.46	37.79
Property, Plant & Equipment	13.43	13.84	15.99	14.24	12.69	9.65
Long-Term Investments	19.61	20.29	18.99	19.39	-	-
Other Long-Term Assets	-	-	-	0.02	-	-
Total Assets	89.97	91.55	79.62	70.68	53.15	47.44

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	3.64	3.67	3.88	2.02	1.42	1.49
Accrued Expenses	3.9	4.8	4.64	4.15	2.75	2.02
Current Portion of Leases	0.09	0.14	0.06	0.23	0.21	0.18
Current Income Taxes Payable	0.22	0.18	0.72	0.44	0.35	0.24
Current Unearned Revenue	0.27	0.74	0.44	0.49	1.84	0.87
Other Current Liabilities	2.38	2.48	1.15	4.55	0.69	0.69
Total Current Liabilities	10.51	12	10.89	11.88	7.27	5.5
Long-Term Leases	0.31	0.31	-	0.05	0.16	0.07
Pension & Post-Retirement Benefits	4.03	3.93	3.27	2.78	3.45	3.02
Total Liabilities	14.84	16.24	14.16	14.72	10.89	8.6

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	10	10	10	10	10	10
Additional Paid-In Capital	3.34	3.34	3.34	3.34	3.34	3.34
Retained Earnings	50.06	50.4	42.29	34.36	29.59	26.16
Treasury Stock	-6	-6	-6	-6	-0.65	-0.65
Comprehensive Income & Other	-0.2	-0.19	-0.27	-0.02	-0.02	-0.01
Total Common Equity	57.21	57.55	49.36	41.68	42.26	38.84
Minority Interest	17.93	17.76	16.1	14.28	0	0
Shareholders' Equity	75.13	75.31	65.46	55.97	42.26	38.84
Total Liabilities & Equity	89.97	91.55	79.62	70.68	53.15	47.44

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	0.4	0.45	0.06	0.29	0.38	0.25
Net Cash (Debt)	35.99	36.33	25.08	17.83	19.75	18.31
Net Cash Growth	46.18%	44.87%	40.70%	-9.72%	7.85%	16.94%
Net Cash Per Share	0.40	0.40	0.28	0.18	0.20	0.19
Filing Date Shares Outstanding	90.34	90.34	90.34	90.34	97	97
Total Common Shares Outstanding	90.34	90.34	90.34	90.34	97	97
Working Capital	46.43	45.42	33.75	25.16	33.19	32.29
Book Value Per Share	0.63	0.64	0.55	0.46	0.44	0.40
Tangible Book Value	57.21	57.55	49.36	41.68	42.26	38.84
Tangible Book Value Per Share	0.63	0.64	0.55	0.46	0.44	0.40
Buildings	-	7.06	6.57	4.88	3.24	2.99
Machinery	-	40.95	38.84	36.98	32.17	28.19

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 25, 2026

Data Sources Report a data error