Marshall Boya Ve Vernik Sanayii A.S. (IST:MRSHL)

IST:MRSHL Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	269.7	369.91	888.13	888.27	102.36	141.9
Cash & Short-Term Investments	269.7	369.91	888.13	888.27	102.36	141.9
Cash Growth	-10.14%	-58.35%	-0.02%	767.81%	-27.87%	189.39%
Accounts Receivable	1,950	313.48	338.25	442.31	155.78	105.65
Other Receivables	126.43	43.5	59.35	19.03	27.05	10.46
Receivables	2,076	356.98	397.6	461.34	182.82	116.1
Inventory	435.91	398.87	466.73	464.82	268.87	57.14
Prepaid Expenses	48.81	8.52	25.82	19.85	11.61	0.31
Other Current Assets	116.37	285.68	240.23	176.27	83.3	40.55
Total Current Assets	2,947	1,420	2,019	2,011	648.96	356.01
Property, Plant & Equipment	1,159	1,095	1,027	732.71	151.72	122.11
Long-Term Investments	1.38	0.12	0.12	0.08	0.01	0.01
Other Intangible Assets	0.33	0.34	-	-	0.01	0.09
Long-Term Deferred Tax Assets	-	15.17	41.61	-	14	8.59
Other Long-Term Assets	28.1	25.78	29.17	22.55	1.71	1.87
Total Assets	4,135	2,556	3,116	2,766	816.41	488.68
Accounts Payable	1,659	972.89	1,321	982.8	461.53	228.88
Accrued Expenses	701.08	42.24	62.89	67.4	16.84	17.71
Short-Term Debt	546.51	404.13	528.63	1,243	302.05	103.52
Current Portion of Leases	-	31.58	1.35	4.04	2.75	0.82
Current Income Taxes Payable	-	-	-	-	0.7	0.32
Current Unearned Revenue	10.54	96.46	-	8.15	7.4	6.34
Other Current Liabilities	45.24	42.28	23.51	13.16	2.67	2.49
Total Current Liabilities	2,962	1,590	1,937	2,319	793.95	360.08
Long-Term Debt	-	-	-	-	-	9.15
Long-Term Leases	32.26	43.45	0.11	0.69	0.39	3.15
Long-Term Deferred Tax Liabilities	23.26	-	-	60.93	-	-
Total Liabilities	3,058	1,663	1,998	2,419	809.29	383.92
Common Stock	10.99	10.99	10.99	10	10	10
Additional Paid-In Capital	1,008	864.05	864.05	0.79	0.04	0.04
Retained Earnings	-1,120	-991	-747.54	-372.14	-32.86	63.44
Comprehensive Income & Other	1,178	1,009	990.6	707.76	29.93	31.28
Shareholders' Equity	1,078	892.95	1,118	346.41	7.12	104.76
Total Liabilities & Equity	4,135	2,556	3,116	2,766	816.41	488.68
Total Debt	578.78	479.16	530.09	1,248	305.19	116.64
Net Cash (Debt)	-309.07	-109.26	358.04	-359.58	-202.84	25.25
Net Cash Per Share	-28.11	-9.94	32.83	-35.96	-20.28	2.53
Filing Date Shares Outstanding	10.99	10.99	10.99	10	10	10
Total Common Shares Outstanding	10.99	10.99	10.99	10	10	10
Working Capital	-15.26	-169.63	81.27	-308.13	-144.99	-4.07
Book Value Per Share	98.02	81.22	101.70	34.64	0.71	10.48
Tangible Book Value	1,077	892.61	1,118	346.41	7.11	104.67
Tangible Book Value Per Share	97.99	81.19	101.70	34.64	0.71	10.47
Land	-	4.7	4.7	3.26	0.2	0.2
Buildings	-	905.56	896.82	618.41	41.78	40.55
Machinery	-	4,664	4,581	3,084	311.15	222.33
Construction In Progress	-	71.06	86.92	68.31	21.99	61.41
Leasehold Improvements	-	157.66	83.82	58.05	3.63	3.63

Source: S&P Global Market Intelligence. Standard template. Financial Sources.