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

IST:ERCB Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	428.69	250.09	118.12	167.84	76.52
Short-Term Investments	1.21	0.66	0.37	0.51	0.72
Cash & Short-Term Investments	429.9	250.75	118.49	168.35	77.24
Cash Growth	71.45%	111.62%	-29.62%	117.97%	13.77%
Accounts Receivable	1,641	743.11	581.07	150.28	162.65
Other Receivables	5,048	3,317	1,327	816.09	495.2
Receivables	6,689	4,060	1,908	966.37	657.84
Inventory	1,242	1,347	640.33	289.7	172.92
Prepaid Expenses	21.56	56.77	66.92	3.48	4.3
Other Current Assets	296.2	328.84	135.99	112.65	73.47
Total Current Assets	8,679	6,043	2,870	1,541	985.77
Property, Plant & Equipment	3,479	3,061	1,974	1,435	714.81
Long-Term Investments	1.15	0.81	0.55	0.36	0.35
Goodwill	-	-	-	-	106.98
Other Intangible Assets	28.89	26.02	17.39	11.9	5.49
Long-Term Accounts Receivable	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	508.96	583.12	246.66	165.42	84.72
Total Assets	12,771	9,769	5,147	3,180	1,913
Accounts Payable	2,982	1,579	1,005	384.17	278.9
Accrued Expenses	350.5	90.71	59.62	40.82	35.44
Short-Term Debt	2,571	2,448	1,300	720.01	229.89
Current Portion of Long-Term Debt	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	13.41	-	-	2.17	0.3
Current Unearned Revenue	292.74	520.64	52.79	55.57	45.05
Other Current Liabilities	27.35	4.84	5.26	27.74	64.48
Total Current Liabilities	7,155	5,227	2,593	1,374	803.32
Long-Term Debt	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	591.88	481.3	277.9	251.62	117.52
Other Long-Term Liabilities	645.43	364.07	-	-	-
Total Liabilities	9,218	6,783	3,297	2,019	1,262
Common Stock	77.77	77.77	77.77	77.77	59.5
Additional Paid-In Capital	1,334	1,334	13.89	13.89	13.89
Retained Earnings	470.19	441.63	349.46	164.71	140.02
Comprehensive Income & Other	1,702	1,133	1,410	903.88	436.97
Total Common Equity	3,584	2,987	1,851	1,160	650.38
Minority Interest	-30.6	-0.11	-	-	-
Shareholders' Equity	3,554	2,987	1,851	1,160	650.38
Total Liabilities & Equity	12,771	9,769	5,147	3,180	1,913
Total Debt	4,251	3,708	1,869	1,245	682.7
Net Cash (Debt)	-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	1,524	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	3,555	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.