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

IST:ADEL Balance Sheet

Financials in millions TRY. 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	258.09	395.7	863.02	1,146	481.75	342.56
Short-Term Investments	-	-	-	189.42	-	-
Cash & Short-Term Investments	258.09	395.7	863.02	1,336	481.75	342.56
Cash Growth	69.88%	-54.15%	-35.39%	177.28%	40.63%	22.63%
Accounts Receivable	1,775	153.83	171.74	171.02	92.98	92.57
Other Receivables	3.32	0.36	1.54	9.01	1.88	1.17
Receivables	1,778	154.19	173.28	180.04	94.85	93.74
Inventory	1,046	1,133	1,033	888.8	493.06	113.97
Prepaid Expenses	144.09	28.46	165.23	157.04	46.86	7.65
Other Current Assets	4.83	97.19	111.2	78.05	39.92	34.5
Total Current Assets	3,231	1,808	2,346	2,640	1,156	592.41
Property, Plant & Equipment	1,232	1,078	1,234	999.07	694.73	101.34
Long-Term Investments	1.62	1.47	1.71	1.12	0.06	0.23
Other Intangible Assets	144.78	144.7	116.11	114.06	46.68	11.75
Long-Term Deferred Tax Assets	150.46	124.32	-	34.8	-	1.22
Other Long-Term Assets	19.9	19.49	21.68	10.13	8.21	1.3
Total Assets	4,780	3,176	3,720	3,799	1,906	708.26

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	324.67	122.16	174.04	201.6	95.26	35.9
Accrued Expenses	109.92	78.75	163.67	98.87	52.43	9.67
Short-Term Debt	2,319	1,161	510.58	1,126	802.26	303.39
Current Portion of Long-Term Debt	515.55	471.97	83.65	321.03	12.06	192.34
Current Portion of Leases	14.2	14.43	61.86	56.55	16.28	2.85
Current Income Taxes Payable	4.81	-	-	-	2.21	-
Current Unearned Revenue	44.87	26.7	79.91	229.17	10.48	2.47
Other Current Liabilities	4.34	5.92	8.5	3.33	10.08	1.69
Total Current Liabilities	3,338	1,881	1,082	2,037	1,002	548.31
Long-Term Debt	-	-	549.75	-	11.53	14
Long-Term Leases	26.93	37.38	113.07	102.91	35.03	0.11
Pension & Post-Retirement Benefits	41.04	42.79	46.75	55.6	62.51	14.57
Long-Term Deferred Tax Liabilities	-	-	31.36	-	102.47	-
Total Liabilities	3,406	1,961	1,823	2,195	1,213	576.99

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	259.88	259.88	259.88	23.63	23.63	23.63
Retained Earnings	500.13	469.03	1,145	1,038	302.96	98.29
Comprehensive Income & Other	613.9	486.75	492.24	541.92	366.1	9.35
Shareholders' Equity	1,374	1,216	1,897	1,604	692.68	131.27
Total Liabilities & Equity	4,780	3,176	3,720	3,799	1,906	708.26

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	2,876	1,684	1,319	1,607	877.17	512.69
Net Cash (Debt)	-2,618	-1,289	-455.88	-270.71	-395.42	-170.13
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-10.07	-4.96	-1.75	-1.04	-1.52	-0.65
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	-106.65	-72.04	1,264	603.15	154.55	44.1
Book Value Per Share	5.29	4.68	7.30	6.17	2.67	0.51
Tangible Book Value	1,229	1,071	1,781	1,490	646	119.52
Tangible Book Value Per Share	4.73	4.12	6.85	5.73	2.49	0.46
Land	66.81	56.74	56.74	43.35	30.02	1.84
Buildings	1,045	1,145	1,223	928.21	465.62	62.93
Machinery	1,785	1,256	1,258	949.17	834.57	105.48
Construction In Progress	44.27	16.57	34.44	-	35.08	8.5
Leasehold Improvements	-	-	-	-	1.5	-

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 16, 2026

Data Sources Report a data error