ENCE Energía y Celulosa, S.A. (BME:ENC)

ENCE Energía y Celulosa Balance Sheet

Financials in millions EUR. 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	165.2	227.45	263.94	333.03	412.91	380
Short-Term Investments	1.9	15.94	26.54	5.18	9.93	7
Cash & Short-Term Investments	167.1	243.4	290.48	338.21	422.85	387
Cash Growth	-41.27%	-16.21%	-14.11%	-20.02%	9.26%	-28.44%
Accounts Receivable	64.5	31.37	50.88	60.05	49.62	94.9
Other Receivables	-	17.44	25.12	-	29.04	-
Total Trade Receivables	64.5	48.8	76.01	60.05	78.66	94.9
Inventory	125.7	92.15	94.61	72.1	102.35	65.7
Other Current Assets	26.8	2.99	3.09	4.13	4.86	10.7
Total Current Assets	388.5	387.33	464.18	474.48	608.72	559.7
Net Property, Plant & Equipment	64.3	65.38	66.32	989	60.53	59.7
Other Intangible Assets	66.8	66.23	64.85	39.27	37.91	37.9
Long-Term Investments	12.3	0.1	0.08	61.31	0.04	53.3
Other Long-Term Assets	78.3	79.18	61.99	136.42	52.99	57.8
Total Assets	1,641	1,637	1,682	1,700	1,780	1,613

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	214.3	222.92	217.85	233.22	345.94	277.5
Accrued Expenses	-	12.39	14.59	0.04	8.8	-
Short-Term Debt	137.9	141.41	163.08	184.95	99.44	46
Current Portion of Leases	6.7	1.8	7.97	0.59	0.36	9.6
Other Current Liabilities	53.3	56.51	41.65	49.83	49.69	18.8
Total Current Liabilities	412.2	435.03	445.15	468.6	516.24	353.2
Long-Term Debt	565.8	509.58	475.46	440.23	17.84	452.3
Other Long-Term Liabilities	124.4	125.59	139.22	145.5	141.97	143
Total Long-Term Liabilities	689.5	635.17	614.67	582.29	445.92	634.2
Total Liabilities	1,102	1,070	1,060	1,051	962.17	987.4

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	-	221.65	221.65	443.29	221.65	-
Treasury Stock	-	-12.93	-12.21	-12.98	-12.96	-
Additional Paid-in Capital	-	170.78	170.78	170.78	170.78	-
Accumulated Other Comprehensive Income	-	39.81	32.44	81.54	43	-
Retained Earnings	-	57.95	112.91	113.86	278.34	-
Total Common Shareholders' Equity	-	477.25	525.57	534.06	700.8	-
Minority Interest	80.6	89.42	97.05	115.53	117.24	112.9
Shareholders' Equity	539	566.67	622.62	649.59	818.04	625.5
Total Liabilities & Equity	1,641	1,637	1,682	1,700	1,780	1,613

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	710.4	652.8	646.51	625.78	117.64	507.9
Net Cash (Debt)	-543.3	-409.4	-356.03	-287.57	305.21	-120.9
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.68	-1.66	-1.44	-1.19	1.17	-0.49
Book Value	-	477.25	525.57	534.06	700.8	0
Book Value Per Share	-	1.93	2.13	2.20	2.68	-
Tangible Book Value	-66.8	411.02	460.72	494.8	662.89	-37.9
Tangible Book Value Per Share	-0.21	1.66	1.87	2.04	2.54	-0.16

Data Source: Fiscal.ai Last updated: Jul 21, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 7, 2026

Data Sources Report a data error