PT Merdeka Gold Resources Tbk (IDX:EMAS)

IDX:EMAS Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	62.14	45.31	67.33	12.35	5.58
Cash & Short-Term Investments	62.14	45.31	67.33	12.35	5.58
Cash Growth	124.70%	-32.71%	445.16%	121.29%	-
Accounts Receivable	-	0.01	-	0.43	-
Other Receivables	0.33	0.42	-	-	-
Receivables	0.33	0.43	-	5.13	4.7
Inventory	55.78	10.52	0.57	0.61	0.11
Prepaid Expenses	-	1.16	0.54	0.75	0.11
Other Current Assets	5.14	3.82	3	0.84	0.02
Total Current Assets	123.39	61.23	71.44	19.68	10.53
Property, Plant & Equipment	766.75	622.78	413.9	245.04	174.73
Goodwill	-	-	0.12	0.12	0.12
Long-Term Deferred Tax Assets	7.55	7.4	8.62	4.38	0.88
Other Long-Term Assets	66.63	49.23	35.63	13.94	6.49
Total Assets	964.33	740.64	529.72	328.65	210.95

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Accounts Payable	24.21	23.26	10.47	5.24	3.07
Accrued Expenses	110.07	33.99	38.82	20.02	7.87
Current Portion of Leases	20.1	10.58	6.75	3.36	-
Current Income Taxes Payable	1.36	-	-	0.32	0.15
Other Current Liabilities	0.01	0.03	-	-	-
Total Current Liabilities	304.77	67.85	56.04	28.94	11.09
Long-Term Debt	246.14	260.4	177.95	133.7	33.5
Long-Term Leases	39.86	18.62	15.65	10.71	-
Pension & Post-Retirement Benefits	1.57	1.22	0.64	0.1	0.02
Long-Term Deferred Tax Liabilities	6.85	6.71	6.4	-	-
Other Long-Term Liabilities	3.58	4.9	-	-	-
Total Liabilities	602.76	359.7	256.68	173.46	44.62

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Common Stock	139.15	152.89	138.12	7	7
Additional Paid-In Capital	302.46	302.46	168.26	168.26	172.53
Retained Earnings	-76.38	-61.5	-34.01	-21.31	-14.47
Treasury Stock	-	-13.74	-	-	-
Comprehensive Income & Other	-3.71	0.78	0.62	1.24	1.27
Total Common Equity	361.53	380.9	272.99	155.2	166.33
Minority Interest	0.04	0.04	0.04	-0	-0
Shareholders' Equity	361.57	380.94	273.04	155.2	166.33
Total Liabilities & Equity	964.33	740.64	529.72	328.65	210.95

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Total Debt	455.11	289.6	200.35	147.77	33.5
Net Cash (Debt)	-392.97	-244.29	-133.01	-135.42	-27.92
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-0.03	-0.02	-0.01	-0.01	-0.00
Filing Date Shares Outstanding	14,731	14,731	745.83	14,562	14,562
Total Common Shares Outstanding	14,731	14,731	745.83	14,562	14,562
Working Capital	-181.37	-6.62	15.4	-9.26	-0.56
Book Value Per Share	0.02	0.03	0.37	0.01	0.01
Tangible Book Value	361.53	380.9	272.87	155.07	166.21
Tangible Book Value Per Share	0.02	0.03	0.37	0.01	0.01
Land	-	0.05	0.05	0.05	0.05
Buildings	-	19.89	4.01	0.03	0.03
Machinery	-	36.91	1.84	0.59	0.51
Construction In Progress	-	155.43	117.05	54.24	20.28

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 31, 2026

Data Sources Report a data error