ING-GRAD d.d. (ZSE:IG)

ING-GRAD d.d. Balance Sheet

Financials in millions EUR. 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	2.05	16.51	3.66	28.48	14.59	9.6
Short-Term Investments	72.36	63.34	11.62	3.03	-	-
Cash & Short-Term Investments	74.41	79.85	15.28	31.51	14.59	9.6
Cash Growth	14.73%	422.66%	-51.52%	116.05%	51.87%	-4.41%
Accounts Receivable	63.73	41.57	47.89	6.17	16.14	15.43
Other Receivables	9.78	0.63	0.28	0.43	0.25	1.64
Receivables	77.57	42.2	48.18	7.96	17.27	20.06
Inventory	0.49	0.47	0.35	3.7	3.29	1.47
Prepaid Expenses	1.44	-	-	3.12	0.91	1.78
Other Current Assets	-	0.11	0.91	4.15	2.73	6.07
Total Current Assets	153.91	122.64	64.71	50.44	38.79	38.98
Property, Plant & Equipment	5.26	7.47	4.55	5.36	2.69	1.67
Long-Term Investments	0.49	0.69	0.43	0.02	0	0.28
Goodwill	-	-	-	0.12	0.12	0.24
Other Intangible Assets	-	0	0.01	0	1.15	0.96
Long-Term Deferred Tax Assets	0.05	0.05	0.04	0.09	0.09	0.09
Other Long-Term Assets	1.16	-	-	-	0	0
Total Assets	160.87	130.85	69.74	56.04	42.84	42.22

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	25.55	21.32	18.42	9.13	11.07	7.01
Accrued Expenses	14.71	3.2	2.48	1.17	0.74	0.53
Short-Term Debt	1.51	-	8.33	0.08	0.14	1.45
Current Portion of Long-Term Debt	0.96	-	-	0.67	-	-
Current Portion of Leases	-	0.81	0.44	-	0.66	0.45
Current Income Taxes Payable	7.8	1.7	1.64	1.59	0.86	0.09
Current Unearned Revenue	-	9.39	12.26	8.99	-	-
Other Current Liabilities	11.37	1.55	2.28	2.21	2.18	7.73
Total Current Liabilities	61.9	37.97	45.84	23.84	15.65	17.27
Long-Term Leases	-	2.56	1.07	1.38	1.56	0.93
Long-Term Unearned Revenue	-	-	-	-	3.23	3.97
Pension & Post-Retirement Benefits	-	-	-	-	0.22	-
Other Long-Term Liabilities	2.27	4.68	3.53	1.88	0.09	0.17
Total Liabilities	66.92	45.22	50.43	27.1	20.76	22.33

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	3.99	3.99	3.99	3.99	3.98	3.99
Retained Earnings	58	50.1	38.34	24.95	18.1	15.89
Treasury Stock	-2.34	-2.66	-23.02	-	-	-
Comprehensive Income & Other	34.3	34.21	-	-	-	-
Shareholders' Equity	93.95	85.64	19.31	28.94	22.09	19.89
Total Liabilities & Equity	160.87	130.85	69.74	56.04	42.84	42.22

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	5.23	3.37	9.84	2.13	2.36	2.83
Net Cash (Debt)	69.18	76.48	5.44	29.39	12.22	6.78
Net Cash Growth	9.79%	1305.92%	-81.49%	140.41%	80.38%	12.36%
Net Cash Per Share	-	21.13	1.41	-	-	-
Filing Date Shares Outstanding	-	3.83	2.63	-	-	-
Total Common Shares Outstanding	-	3.83	2.63	-	-	-
Working Capital	92.01	84.67	18.88	26.61	23.14	21.71
Book Value Per Share	-	22.34	7.33	-	-	-
Tangible Book Value	93.95	85.63	19.3	28.82	20.81	18.69
Tangible Book Value Per Share	-	22.34	7.33	-	-	-
Land	-	0.28	0.03	0.02	0.02	0.02
Buildings	-	0.39	0.02	1.91	0.02	0.02
Machinery	-	11.64	10.77	10.58	7.8	6.2
Construction In Progress	-	0.92	0	0.04	0	0
Leasehold Improvements	-	0.3	0.3	-	-	-
Order Backlog	-	300.4	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 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 3, 2026

Data Sources Report a data error