GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. (IST:GSDDE)

IST:GSDDE 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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,892	1,323	1,076	696.67	814.43	312.69
Trading Asset Securities	527.37	-	2.21	21.56	229.54	-
Cash & Short-Term Investments	2,419	1,323	1,078	718.23	1,044	312.69
Cash Growth	42.30%	22.66%	50.13%	-31.20%	233.87%	2522.57%
Accounts Receivable	5.2	4.14	3.15	3.62	0.68	1.12
Other Receivables	0.83	0.19	-	0.1	-	-
Receivables	6.03	4.33	3.15	3.72	0.68	1.12
Inventory	7.1	30.2	6.63	5.96	4.04	1.46
Prepaid Expenses	26.21	17.46	10.34	6.81	3.09	1.17
Other Current Assets	9.75	8.89	7.49	8.78	7.98	3.34
Total Current Assets	2,469	1,384	1,106	743.5	1,060	319.78
Property, Plant & Equipment	2,659	2,791	2,866	2,377	1,260	543.96
Long-Term Investments	53.61	43.13	43.13	23.7	16.42	1.66
Other Intangible Assets	0.09	0.09	0.12	0.13	0.12	0.03
Long-Term Deferred Tax Assets	0.44	0.62	0.89	1.18	0.46	1.18
Other Long-Term Assets	0.95	0.56	0.37	0.03	0.02	0.01
Total Assets	5,183	4,219	4,017	3,146	2,337	866.6

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	12.53	10.09	38.35	19.98	7.37	0.68
Accrued Expenses	2.5	9.36	3.62	2.02	1.5	0.44
Short-Term Debt	150.26	133.91	144.33	128.33	92.93	-
Current Portion of Long-Term Debt	131.5	131.33	148.17	97.47	64.52	42.05
Current Portion of Leases	3.39	1.95	2.14	2.03	2.09	0.42
Current Income Taxes Payable	-	-	5.8	3.07	16.73	12.58
Current Unearned Revenue	10.67	32.58	11.83	18.52	11.07	6.56
Other Current Liabilities	2.86	0.58	1.56	0.89	0.54	0.17
Total Current Liabilities	313.71	319.78	355.8	272.31	196.74	62.88
Long-Term Debt	1,166	1,117	749.95	447.13	394.36	198.34
Long-Term Leases	-	-	-	0.24	1.98	0.74
Pension & Post-Retirement Benefits	3.8	2.24	1.5	0.46	3.77	0.98
Total Liabilities	1,484	1,439	1,107	720.14	596.86	262.94

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	150	150	150	150	150	150
Additional Paid-In Capital	85.71	68.95	68.95	52.68	36.48	9.18
Retained Earnings	-413.1	-530.5	-1,589	-1,181	-513.47	103.84
Treasury Stock	-25.73	-20.7	-	-	-	-
Comprehensive Income & Other	3,902	3,113	4,279	3,404	2,067	340.64
Shareholders' Equity	3,699	2,781	2,909	2,425	1,740	603.66
Total Liabilities & Equity	5,183	4,219	4,017	3,146	2,337	866.6

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1,452	1,384	1,045	675.2	555.88	241.54
Net Cash (Debt)	967.79	-61.1	33.7	43.04	488.09	71.15
Net Cash Growth	-	-	-21.68%	-91.18%	586.00%	-
Net Cash Per Share	-	-0.41	0.22	0.29	3.25	0.80
Filing Date Shares Outstanding	-	150	150	150	150	150
Total Common Shares Outstanding	-	150	150	150	150	150
Working Capital	2,155	1,064	750.1	471.2	863.02	256.89
Book Value Per Share	-	18.54	19.40	16.17	11.60	4.02
Tangible Book Value	3,698	2,781	2,909	2,425	1,740	603.63
Tangible Book Value Per Share	-	18.54	19.39	16.17	11.60	4.02
Machinery	-	3,345	3,594	3,299	1,614	693.49
Construction In Progress	-	596.59	358.05	-	265.5	81.5

Data Source: S&P Global Market Intelligence Last updated: Nov 9, 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:

Nov 12, 2026

Data Sources Report a data error