Adel Kalemcilik Ticaret ve Sanayi A.S. (IST:ADEL)

IST:ADEL Balance Sheet

Financials in millions TRY. 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	151.93	659.34	1,146	481.75	342.56	279.35
Short-Term Investments	-	-	189.42	-	-	-
Cash & Short-Term Investments	151.93	659.34	1,336	481.75	342.56	279.35
Cash Growth	-60.21%	-50.64%	177.28%	40.63%	22.63%	1981.42%
Accounts Receivable	682.79	131.21	171.02	92.98	92.57	59.5
Other Receivables	3.21	1.18	9.01	1.88	1.17	0.3
Receivables	686.01	132.38	180.04	94.85	93.74	59.8
Inventory	1,094	789.43	888.8	493.06	113.97	139.75
Prepaid Expenses	30.31	126.23	157.04	46.86	7.65	0.54
Other Current Assets	211.87	84.95	78.05	39.92	34.5	34.4
Total Current Assets	2,174	1,792	2,640	1,156	592.41	513.83
Property, Plant & Equipment	1,107	943.02	999.07	694.73	101.34	106.15
Long-Term Investments	1.49	1.31	1.12	0.06	0.23	0.23
Other Intangible Assets	93.55	88.71	114.06	46.68	11.75	7.99
Long-Term Deferred Tax Assets	39.1	-	34.8	-	1.22	3.97
Other Long-Term Assets	26.77	16.56	10.13	8.21	1.3	2.26
Total Assets	3,442	2,842	3,799	1,906	708.26	634.42
Accounts Payable	213.19	132.96	201.6	95.26	35.9	38.34
Accrued Expenses	63.18	125.04	98.87	52.43	9.67	7.98
Short-Term Debt	-	390.08	1,126	802.26	303.39	309.34
Current Portion of Long-Term Debt	995.27	63.91	321.03	12.06	192.34	11.63
Current Portion of Leases	5.98	47.26	56.55	16.28	2.85	3.62
Current Income Taxes Payable	-	-	-	2.21	-	1.37
Current Unearned Revenue	27.49	61.05	229.17	10.48	2.47	0.09
Other Current Liabilities	156.08	6.49	3.33	10.08	1.69	37.08
Total Current Liabilities	1,461	826.79	2,037	1,002	548.31	409.44
Long-Term Debt	420	420	-	11.53	14	67.07
Long-Term Leases	154.67	86.38	102.91	35.03	0.11	2.6
Long-Term Deferred Tax Liabilities	-	23.96	-	102.47	-	-
Total Liabilities	2,075	1,393	2,195	1,213	576.99	489.03
Common Stock	259.88	259.88	23.63	23.63	23.63	23.63
Retained Earnings	701.3	874.48	1,038	302.96	98.29	125.99
Comprehensive Income & Other	405.36	314.73	541.92	366.1	9.35	-4.23
Shareholders' Equity	1,367	1,449	1,604	692.68	131.27	145.39
Total Liabilities & Equity	3,442	2,842	3,799	1,906	708.26	634.42
Total Debt	1,576	1,008	1,607	877.17	512.69	394.25
Net Cash (Debt)	-1,424	-348.29	-270.71	-395.42	-170.13	-114.91
Net Cash Per Share	-5.48	-1.34	-1.04	-1.52	-0.65	-0.44
Filing Date Shares Outstanding	259.88	259.88	259.88	259.88	259.88	259.88
Total Common Shares Outstanding	259.88	259.88	259.88	259.88	259.88	259.88
Working Capital	712.8	965.55	603.15	154.55	44.1	104.39
Book Value Per Share	5.26	5.58	6.17	2.67	0.51	0.56
Tangible Book Value	1,273	1,360	1,490	646	119.52	137.4
Tangible Book Value Per Share	4.90	5.23	5.73	2.49	0.46	0.53
Land	50.57	43.35	43.35	30.02	1.84	1.85
Buildings	790.25	677.32	928.21	465.62	62.93	62.93
Machinery	1,362	1,218	949.17	834.57	105.48	106.98
Construction In Progress	56.34	26.31	-	35.08	8.5	5.16
Leasehold Improvements	-	-	-	1.5	-	-

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