Mercan Kimya Sanayi Ve Ticaret Anonim Sirketi (IST:MERCN)

IST:MERCN 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	170.89	137.37	173.95	176.83	197.81	55.74
Short-Term Investments	57.93	50.78	100.68	162.76	116.94	55.91
Cash & Short-Term Investments	228.82	188.15	274.62	339.59	314.74	111.65
Cash Growth	-8.15%	-31.49%	-19.13%	7.89%	181.90%	512.97%
Accounts Receivable	650.04	513.35	629.66	776.25	477.46	169.41
Other Receivables	73.83	17.79	19.61	27	25.43	14.04
Receivables	723.87	531.14	649.26	803.25	502.89	183.45
Inventory	823.1	480.34	351.66	532.6	576.31	211.2
Prepaid Expenses	191.56	7.58	39.32	8.99	3.04	1.18
Other Current Assets	147.31	73.51	7.25	54.68	27.05	9.6
Total Current Assets	2,115	1,281	1,322	1,739	1,424	517.07
Property, Plant & Equipment	1,752	1,429	1,141	865.56	366.31	84.72
Long-Term Investments	75.13	64.23	102.38	89.75	-	-
Other Intangible Assets	143.81	24.66	37.04	20.2	8.22	1.42
Long-Term Deferred Tax Assets	-	-	-	-	5.46	6.79
Long-Term Deferred Charges	-	70.12	49.64	33.73	16.21	3.3
Other Long-Term Assets	1,123	1,051	899.68	604.59	256.12	55.38
Total Assets	5,208	3,920	3,552	3,353	2,076	668.68

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	367.4	189.54	152.81	185.64	82.04	65.58
Accrued Expenses	43.74	31.69	21.57	18.65	12.58	3.76
Short-Term Debt	1,329	819.99	785.32	771.78	592.52	120.69
Current Portion of Long-Term Debt	40.77	13.38	55.98	76.85	96.4	53.69
Current Portion of Leases	17.05	28.87	111.2	114.83	10.03	4.07
Current Income Taxes Payable	2.39	6.82	15.77	7.32	5.56	-
Current Unearned Revenue	43.54	7.24	11.81	27.23	39.17	5.74
Other Current Liabilities	51.51	141.06	2.26	154.6	0.98	0.51
Total Current Liabilities	1,896	1,240	1,157	1,361	839.28	279.39
Long-Term Debt	364.54	118.5	2.64	10.83	5.11	22.3
Long-Term Leases	-	3.32	31.32	49.85	7.31	7.14
Pension & Post-Retirement Benefits	8.86	5.97	3.74	2.4	4.5	1.99
Long-Term Deferred Tax Liabilities	120.9	130.69	20.69	37.83	-	-
Total Liabilities	2,390	1,499	1,215	1,462	856.19	310.81

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	190.37	190.37	190.37	190.37	63.46	63.46
Additional Paid-In Capital	1,113	945.47	898.48	686.43	475.44	137.32
Retained Earnings	582.11	447.28	350.82	343.19	353.76	153.88
Treasury Stock	-82.37	-64.75	-	-	-	-
Comprehensive Income & Other	1,046	920.04	897.55	671.11	327.51	3.21
Total Common Equity	2,850	2,438	2,337	1,891	1,220	357.87
Minority Interest	-31.68	-17.43	-	-	-	-
Shareholders' Equity	2,818	2,421	2,337	1,891	1,220	357.87
Total Liabilities & Equity	5,208	3,920	3,552	3,353	2,076	668.68

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	1,752	984.06	986.46	1,024	711.37	207.89
Net Cash (Debt)	-1,523	-795.9	-711.84	-684.56	-396.62	-96.24
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-	-4.18	-3.74	-3.60	-2.08	-0.51
Filing Date Shares Outstanding	-	190.37	190.37	190.37	190.37	190.37
Total Common Shares Outstanding	-	190.37	190.37	190.37	190.37	190.37
Working Capital	219.04	40.43	165.39	378.19	584.76	237.69
Book Value Per Share	-	12.81	12.28	9.93	6.41	1.88
Tangible Book Value	2,706	2,414	2,300	1,871	1,212	356.45
Tangible Book Value Per Share	-	12.68	12.08	9.83	6.37	1.87
Land	-	303.18	236.94	168.51	75.92	3.56
Buildings	-	249.59	152.73	149.48	51.09	16.73
Machinery	-	775.97	750.98	591.99	362.04	56.67
Construction In Progress	-	435.01	399.31	241.52	68.18	38.16
Leasehold Improvements	-	49.32	12.35	9.31	6.25	1.19

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 26, 2026

Data Sources Report a data error