Gersan Elektrik Ticaret ve Sanayi Anonim Sirketi (IST:GEREL)

IST:GEREL 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	49.48	31.63	44.13	78.08	98.24	58.36
Cash & Short-Term Investments	49.48	31.63	44.13	78.08	98.24	58.36
Cash Growth	-44.32%	-28.33%	-43.47%	-20.53%	68.33%	24.66%
Accounts Receivable	919.22	858.91	590.62	439	273.42	146.71
Other Receivables	27.34	20.09	6.61	0.02	0.22	0.06
Receivables	946.55	879	597.22	439.03	273.64	146.77
Inventory	2,978	1,918	1,158	340.12	316.32	103.53
Prepaid Expenses	521.69	39.88	65.17	32.98	4.06	0.36
Restricted Cash	-	-	-	-	1.56	0.52
Other Current Assets	130.66	323.86	436.22	91.04	68.06	13.03
Total Current Assets	4,627	3,192	2,301	981.24	761.89	322.58
Property, Plant & Equipment	2,532	1,866	1,819	592.13	412.28	105.57
Other Intangible Assets	10.68	10.93	12.45	1.63	1.53	0.2
Long-Term Deferred Tax Assets	-	-	58.87	30.74	13.55	29.13
Other Long-Term Assets	224.4	194.07	11.03	10.6	20.91	12.5
Total Assets	7,393	5,263	4,202	1,616	1,210	469.99

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	602.68	382.04	1,453	352.55	182.75	79.85
Accrued Expenses	70.39	186	62.91	90.03	21.97	9.18
Short-Term Debt	1,602	689.61	158	85.52	78.04	55.23
Current Portion of Long-Term Debt	162.46	269.73	461.06	209.84	125.34	79.81
Current Income Taxes Payable	9.11	3.55	16.98	23.12	10.52	1.89
Current Unearned Revenue	130.59	93.22	58.18	73.26	132.35	16.61
Other Current Liabilities	63.72	10.53	16	17.72	13.58	1.28
Total Current Liabilities	2,641	1,635	2,226	852.05	564.55	243.86
Long-Term Debt	323.77	159.23	225.63	48.54	80.7	64.43
Long-Term Leases	-	32.44	4.94	-	-	-
Pension & Post-Retirement Benefits	-	161.66	143.05	22.37	13.13	2.17
Long-Term Deferred Tax Liabilities	106.39	24.12	-	-	-	-
Other Long-Term Liabilities	209.23	-	447.68	45.43	51.84	27.05
Total Liabilities	3,281	2,012	3,048	968.39	710.23	337.52

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	372.48	372.48	240	80	80	80
Additional Paid-In Capital	2,394	2,033	259.94	363.86	252.02	47.5
Retained Earnings	477.85	386.03	249.86	-896.67	-505.68	14.58
Comprehensive Income & Other	867.69	459.09	415.83	1,101	674.66	-8.73
Total Common Equity	4,112	3,250	1,166	647.87	501	133.35
Minority Interest	0.76	0.43	-11.25	0.07	-1.07	-0.87
Shareholders' Equity	4,113	3,251	1,154	647.94	499.94	132.47
Total Liabilities & Equity	7,393	5,263	4,202	1,616	1,210	469.99

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	2,088	1,151	849.63	343.9	284.08	199.48
Net Cash (Debt)	-2,039	-1,119	-805.5	-265.82	-185.84	-141.11
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-	-3.01	-3.36	-1.11	-0.77	-0.59
Filing Date Shares Outstanding	-	372.48	240	240	240	240
Total Common Shares Outstanding	-	372.48	240	240	240	240
Working Capital	1,985	1,557	74.49	129.19	197.33	78.72
Book Value Per Share	-	8.73	4.86	2.70	2.09	0.56
Tangible Book Value	4,101	3,240	1,153	646.24	499.47	133.14
Tangible Book Value Per Share	-	8.70	4.80	2.69	2.08	0.55
Land	-	4.98	5.23	5.76	4.17	12.17
Buildings	-	717.61	707.91	576.83	403.78	79.68
Machinery	-	723.1	682.4	491.99	340.08	63.18
Construction In Progress	-	1,147	1,099	41.54	19.61	4.89
Leasehold Improvements	-	-	-	-	1.34	0.24

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