Erciyas Çelik Boru Sanayi A.S. (IST:ERCB)

IST:ERCB 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	116.32	428.69	250.09	118.12	167.84	76.52
Short-Term Investments	1.21	1.21	0.66	0.37	0.51	0.72
Cash & Short-Term Investments	117.53	429.9	250.75	118.49	168.35	77.24
Cash Growth	51.08%	71.45%	111.62%	-29.62%	117.97%	13.77%
Accounts Receivable	2,178	1,641	743.11	581.07	150.28	162.65
Other Receivables	5,838	5,048	3,317	1,327	816.09	495.2
Receivables	8,016	6,689	4,060	1,908	966.37	657.84
Inventory	734.88	1,242	1,347	640.33	289.7	172.92
Prepaid Expenses	559.1	21.56	56.77	66.92	3.48	4.3
Other Current Assets	378.17	296.2	328.84	135.99	112.65	73.47
Total Current Assets	9,806	8,679	6,043	2,870	1,541	985.77
Property, Plant & Equipment	3,662	3,479	3,061	1,974	1,435	714.81
Long-Term Investments	1.23	1.15	0.81	0.55	0.36	0.35
Goodwill	-	-	-	-	-	106.98
Other Intangible Assets	59.43	28.89	26.02	17.39	11.9	5.49
Long-Term Accounts Receivable	54.75	49.98	38.44	30.32	21.96	12.41
Long-Term Deferred Charges	-	24.81	16.39	8.66	4.94	2.2
Other Long-Term Assets	554.59	508.96	583.12	246.66	165.42	84.72
Total Assets	14,137	12,771	9,769	5,147	3,180	1,913
Accounts Payable	3,374	2,982	1,579	1,005	384.17	278.9
Accrued Expenses	67.91	350.5	90.71	59.62	40.82	35.44
Short-Term Debt	3,098	2,571	2,448	1,300	720.01	229.89
Current Portion of Long-Term Debt	951.07	911.31	580.33	168.21	142.97	147.73
Current Portion of Leases	-	7.12	3.78	2.91	1.03	1.53
Current Income Taxes Payable	24.25	13.41	-	-	2.17	0.3
Current Unearned Revenue	678.48	292.74	520.64	52.79	55.57	45.05
Other Current Liabilities	153.1	27.35	4.84	5.26	27.74	64.48
Total Current Liabilities	8,347	7,155	5,227	2,593	1,374	803.32
Long-Term Debt	726.78	753.44	670.62	397.09	380.08	302.77
Long-Term Leases	-	8.71	5.42	1.52	0.61	0.77
Long-Term Unearned Revenue	-	-	-	-	-	28.29
Long-Term Deferred Tax Liabilities	647.43	591.88	481.3	277.9	251.62	117.52
Other Long-Term Liabilities	606.91	645.43	364.07	-	-	-
Total Liabilities	10,394	9,218	6,783	3,297	2,019	1,262
Common Stock	77.77	77.77	77.77	77.77	77.77	59.5
Additional Paid-In Capital	1,334	1,334	1,334	13.89	13.89	13.89
Retained Earnings	401.66	470.19	441.63	349.46	164.71	140.02
Comprehensive Income & Other	1,960	1,702	1,133	1,410	903.88	436.97
Total Common Equity	3,772	3,584	2,987	1,851	1,160	650.38
Minority Interest	-28.57	-30.6	-0.11	-	-	-
Shareholders' Equity	3,743	3,554	2,987	1,851	1,160	650.38
Total Liabilities & Equity	14,137	12,771	9,769	5,147	3,180	1,913
Total Debt	4,776	4,251	3,708	1,869	1,245	682.7
Net Cash (Debt)	-4,658	-3,821	-3,458	-1,751	-1,076	-605.46
Net Cash Per Share	-	-49.13	-44.46	-22.51	-13.84	-10.18
Filing Date Shares Outstanding	-	77.77	77.77	77.77	77.77	59.5
Total Common Shares Outstanding	-	77.77	77.77	77.77	77.77	59.5
Working Capital	1,459	1,524	815.8	276.14	166.06	182.44
Book Value Per Share	-	46.09	38.40	23.80	14.92	10.93
Tangible Book Value	3,712	3,555	2,961	1,833	1,148	537.9
Tangible Book Value Per Share	-	45.72	38.07	23.57	14.77	9.04
Buildings	-	1,356	1,133	719.56	499	210.52
Machinery	-	5,025	4,158	2,541	1,744	908.41
Construction In Progress	-	11.11	6.54	3.66	1.12	9.96

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.