Merit Turizm Yatirim ve Isletme Anonim Sirketi (IST:MERIT)

IST:MERIT 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	13.18	6.5	1.58	2.69	2.27	0.05
Cash & Short-Term Investments	13.18	6.5	1.58	2.69	2.27	0.05
Cash Growth	461.06%	312.46%	-41.34%	18.20%	4872.62%	14.81%
Accounts Receivable	-	75.62	46.61	70.52	26	7.46
Other Receivables	741.98	43.43	6.56	-	7.14	-
Receivables	741.98	119.05	53.17	70.52	33.14	7.46
Prepaid Expenses	21.34	30.74	15.6	8.29	5.56	0.48
Other Current Assets	9.18	10.21	2.85	-	-	0.01
Total Current Assets	785.68	166.5	73.19	81.5	40.97	8
Property, Plant & Equipment	0.3	0.29	-	-	-	-
Long-Term Investments	20,862	17,174	12,749	6,221	2,616	947.39
Long-Term Deferred Tax Assets	5.24	1.94	1.18	1.8	1.15	0.22
Other Long-Term Assets	0.73	1.33	11.05	9.8	7.57	1.37
Total Assets	21,654	17,344	12,834	6,314	2,666	956.97

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	0.25	0.2	0.31	0.55	2.58	0.09
Accrued Expenses	2.88	1.6	1.62	0.69	0.51	3.43
Current Income Taxes Payable	36.27	49.07	20.55	14.89	10.98	1.32
Other Current Liabilities	340.58	2.07	1.51	32.63	0.13	-
Total Current Liabilities	379.97	52.95	24.01	48.76	14.22	4.84
Pension & Post-Retirement Benefits	9.3	6.69	5.38	2.66	3.21	0.92
Long-Term Deferred Tax Liabilities	6.11	4.16	0.19	282.19	137.36	34.68
Total Liabilities	395.38	63.8	29.57	333.61	154.78	40.44

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	336.6	336.6	336.6	28.05	28.05	28.05
Additional Paid-In Capital	1,052	845.96	845.96	954.86	661.35	194.48
Retained Earnings	8,512	7,027	5,001	256.8	133.71	30.02
Comprehensive Income & Other	11,358	9,071	6,621	4,741	1,688	663.99
Total Common Equity	21,259	17,281	12,805	5,981	2,511	916.53
Minority Interest	0	0	0	0	0	-
Shareholders' Equity	21,259	17,281	12,805	5,981	2,511	916.53
Total Liabilities & Equity	21,654	17,344	12,834	6,314	2,666	956.97

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
Net Cash (Debt)	13.18	6.5	1.58	2.69	2.27	0.05
Net Cash Growth	461.06%	312.46%	-41.34%	18.20%	4872.62%	14.81%
Net Cash Per Share	-	0.02	0.00	0.01	0.01	0.00
Filing Date Shares Outstanding	-	336.6	336.6	336.6	336.6	336.6
Total Common Shares Outstanding	-	336.6	336.6	336.6	336.6	336.6
Working Capital	405.7	113.55	49.19	32.73	26.76	3.15
Book Value Per Share	-	51.34	38.04	17.77	7.46	2.72
Tangible Book Value	21,259	17,281	12,805	5,981	2,511	916.53
Tangible Book Value Per Share	-	51.34	38.04	17.77	7.46	2.72
Machinery	-	0.3	-	-	-	-

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