National Industries Company - KPSC (KWSE:NICBM)
Kuwait · Delayed Price · Currency is KWD 0.2480
-0.0020 (-0.80%)
At close: Oct 28, 2026
KWSE:NICBM Cash Flow Statement
Financials in millions KWD. Fiscal year is January - December.
Millions KWD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 3.47 | 3.59 | 6.06 | 3.85 | 4.38 | 4.51 |
Depreciation & Amortization | 4.41 | 4.36 | 4.81 | 4.6 | 4.32 | 4.29 |
Asset Writedown & Restructuring Costs | 0.32 | 0.32 | -0.36 | -0.09 | -0.18 | -0.52 |
Loss (Gain) From Sale of Investments | - | -0.24 | 0.09 | 0.15 | - | - |
Loss (Gain) on Equity Investments | 0.01 | 0.33 | 0.16 | 0.24 | 0.25 | 0.1 |
Stock-Based Compensation | 0.31 | 0.38 | 0.24 | 0.25 | 0.3 | - |
Provision & Write-off of Bad Debts | 0.15 | 0.3 | 0.62 | 0.05 | 0.21 | 0.23 |
Other Operating Activities | -0.05 | -0.4 | -2.03 | -0.99 | -0.26 | 1.09 |
Change in Accounts Receivable | 1.08 | -0.3 | 0.66 | -0.75 | -2.11 | -1.76 |
Change in Inventory | 3.03 | 1.79 | -1.6 | 2.89 | -1.82 | -1.68 |
Change in Accounts Payable | 1.15 | 1.33 | -0.83 | 2.49 | 1.11 | 1.86 |
Operating Cash Flow | 14.13 | 10.85 | 7.49 | 12.68 | 6.71 | 7.13 |
Operating Cash Flow Growth | 64.96% | 44.89% | -40.90% | 88.86% | -5.82% | 72.02% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -1.98 | -3.52 | -2.66 | -2.03 | -2.12 | -1.55 |
Sale of Property, Plant & Equipment | - | - | - | 0 | - | - |
Sale (Purchase) of Real Estate | -0.98 | -0.98 | -4.75 | - | -0.07 | -3.03 |
Investment in Securities | -3.43 | -0.56 | 5.35 | -14.45 | 1.66 | 1.96 |
Other Investing Activities | 1.18 | 1.34 | 1.61 | 1.38 | 3.7 | 0.37 |
Investing Cash Flow | -5.22 | -3.72 | -0.46 | -15.09 | 3.17 | -2.24 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | 1.7 | - | - | 0.38 |
Total Debt Issued | 2 | - | 1.7 | - | - | 0.38 |
Short-Term Debt Repaid | - | -0.34 | - | - | -0.38 | - |
Long-Term Debt Repaid | - | -0.99 | -1.27 | -1.46 | -1.16 | -1.47 |
Lease Payments | -0.93 | -0.99 | -1.27 | -1.46 | -1.16 | -1.47 |
Total Debt Repaid | -3.27 | -1.33 | -1.27 | -1.46 | -1.54 | -1.47 |
Net Debt Issued (Repaid) | -1.27 | -1.33 | 0.43 | -1.46 | -1.54 | -1.09 |
Repurchase of Common Stock | -1.95 | -1.11 | -0.29 | -0.14 | -0.31 | -0.1 |
Common Dividends Paid | -3.43 | -3.47 | -3.51 | -3.51 | -3.51 | - |
Other Financing Activities | -0.26 | -0.13 | -0.1 | -0.49 | -1.72 | -0.07 |
Financing Cash Flow | -6.91 | -6.03 | -3.47 | -5.59 | -7.08 | -1.25 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Miscellaneous Cash Flow Adjustments | - | - | -0.01 | -0.01 | -0.6 | -0.46 |
Net Cash Flow | 2 | 1.1 | 3.56 | -8.02 | 2.2 | 3.17 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 12.14 | 7.33 | 4.83 | 10.65 | 4.59 | 5.58 |
Free Cash Flow Growth | 105.54% | 51.87% | -54.68% | 131.80% | -17.67% | 138.38% |
Free Cash Flow Margin | 20.02% | 13.48% | 9.39% | 21.31% | 9.54% | 12.96% |
Free Cash Flow Per Share | 0.04 | 0.02 | 0.01 | 0.03 | 0.01 | 0.02 |
Levered Free Cash Flow | 9.84 | 5.8 | -0.38 | 9.85 | 5.86 | 5.56 |
Unlevered Free Cash Flow | 9.98 | 5.91 | -0.27 | 9.92 | 5.94 | 5.6 |
Free Cash Flow After Leases | 11.22 | 6.34 | 3.55 | 9.19 | 3.43 | 4.11 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 0.07 | 0.13 | 0.1 | 0.12 | 0.14 | 0.07 |
Change in Working Capital | 5.52 | 2.22 | -2.08 | 4.84 | -2.8 | -2.48 |