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ТНС Энерго Марий Эл logo
ТНС Энерго Марий Эл MISB
report update icon

Quarterly report 2026-Q2
added 09-06-2026

ТНС Энерго Марий Эл Balance Sheet 2025-2008 | MISB

Brief overview of ТНС Энерго Марий Эл's financial position

The balance sheet is assessed across five available annual reports spanning 2021 to 2025.

The asset base grew from ₽2.8 billion to ₽7 billion, or +146.7%. Average annual growth of roughly 25.3% was strong.

Liabilities grew more slowly than assets: +30.6% versus +146.7%. Expansion relied more on equity, improving funding quality.

The equity ratio reached 75.7% from 54.1%. A high capital share reduces dependence on liabilities.

The balance sheet holds more cash than interest-bearing debt; net debt is -₽2 billion, indicating minimal leverage.

The cash reserve occupies 29.2% of the balance sheet, previously 8.9%. It is one marker of short-term resilience.

Overall picture

ТНС Энерго Марий Эл shows a high-quality balance sheet profile, with adequate internal capital and room for maneuver.

Annual Balance Sheet ТНС Энерго Марий Эл

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Cash And Cash Equivalents

2.05 B 1.54 B 900 M 92.5 M 254 M 301 M 61.6 M 87.9 M 98.7 M 119 M 328 M 218 M 33.5 M 19.9 M 84.8 M 37.2 M 14.4 M 53 M

Total Current Assets

- - - 734 M 1.72 B 1.96 B 1.62 B 1.05 B 1.64 B 1.6 B 1.14 B 1.08 B 832 M 1.01 B 1.15 B 831 M 629 M 370 M

Property Plant Equipment Net

- - - 422 M 289 M 300 M 308 M 245 M 178 M 92.7 M 82.8 M 84.4 M 74.5 M 113 M 120 M 99.6 M 93.7 M 79 M

Intangible Assets

- - - - - 298 - - - - - - - - - - - -

Goodwill And Intangible Assets

- - - - 339 K 298 K -534 K - - 7.15 M - - 3.45 M - - - - -

Long-Term Investments

- - - 748 M 735 K 640 K 534 K - - - - - - - - - - -

Tax Assets

- - - - -735 K -640 K 15.8 M 75.2 M 10.1 M - 85.9 M 64.4 M 25.1 M 6.07 M 5.06 M 46.9 M 1.02 M 665 K

Total Non Current Assets

- - - 1.28 B 1.13 B 1.09 B 1.06 B 439 M 188 M 99.8 M 169 M 149 M 238 M 119 M 125 M 146 M 94.7 M 79.6 M

Total Assets

7.03 B 5.1 B 5 B 2.02 B 2.85 B 3.05 B 2.68 B 1.49 B 1.83 B 1.7 B 1.31 B 1.23 B 1.07 B 1.13 B 1.28 B 978 M 724 M 450 M

Account Payables

- - - 678 M 619 M 688 M 666 M 576 M 596 M 597 M 704 M 574 M 580 M 445 M - 501 M 397 M 183 M

Short-Term Debt

- - - 5.08 M 400 M 981 M 655 M 451 M 601 M 400 M -78 M 120 M 360 M 268 M 604 M 280 M 208 M 171 M

Tax Payables

- - - - 37.3 M 58.8 M 59.6 M - - 4.73 M - - 46.2 M - - 6.63 M 11 M 826 K

Deferred Revenue

- - - - 159 M 139 M 148 M - - 4.73 M 178 M 130 M - - - 19.5 M - -

Total Current Liabilities

- - - 931 M 1.29 B 1.91 B 1.55 B 1.16 B 1.21 B 1.09 B 1 B 1.05 B 1.05 B 990 M 1.14 B 801 M 615 M 355 M

Long-Term Debt

14 M 13 M 12 M 9.03 M 6.87 M 3.39 M 254 M - - - - - - - - - - -

Deferred Revenue Non Current

- - - - - -8.54 K - - - - - - - - - - - -

Deferred Tax Liabilities Non Current

- - - - 9.6 M 8.54 M - - - 25.8 M - - - - - - 24 K 8 K

Total Non Current Liabilities

- - - 9.03 M 16.5 M 11.9 M 254 M 1.12 B 1.21 B 25.8 M 821 M 914 M 1.01 B 268 M 604 M 781 M 662 K 8 K

Total Liabilities

1.71 B 1.34 B 1.53 B 940 M 1.31 B 1.93 B 1.8 B 1.16 B 1.21 B 1.12 B 1 B 1.05 B 1.05 B 990 M 1.14 B 801 M 616 M 355 M

Retained Earnings

- - - 1.04 B 1.36 B 1.03 B 869 M 268 M 608 M 562 M 260 M 132 M 4.1 M 57 M 53.5 M 97.7 M 28.8 M 15.6 M

Accumulated Other Comprehensive Income Loss

- - - 662 K 662 83.5 K 34.6 K -55.5 M - - -24.3 M -22.9 M -17.4 M -24.1 M -17.8 M -17.3 M -15.2 M -11.4 M

Total Stockholders Equity

5.32 B 3.76 B 3.47 B 1.08 B 1.54 B 1.12 B 877 M 324 M 620 M 575 M 311 M 185 M 18 M 136 M 133 M 177 M 108 M 95.1 M

Total Liabilities And Stockholders Equity

7.03 B 5.1 B 5 B 2.02 B 2.85 B 3.05 B 2.68 B 1.49 B 1.83 B 1.7 B 1.31 B 1.23 B 1.07 B 1.13 B 1.28 B 978 M 724 M 450 M

Total Investments

- - - 751 M 735 M 640 M 534 M 119 M - - - 31 M - 77.2 M 129 M 43.2 M - 169 M

Total Debt

14 M 13 M 12 M 9.03 M 407 M 984 M 909 M 451 M 601 M 400 M 100 M 250 M 360 M 268 M 604 M 280 M 208 M 171 M

Net Debt

-2.03 B -1.53 B -890 M -83.5 M 153 M 683 M 848 M 364 M 502 M 281 M -228 M 32.3 M 327 M 248 M 519 M 243 M 193 M 118 M

All numbers in RUB currency

Quarterly Balance Sheet ТНС Энерго Марий Эл

2026-Q2 2025-Q4 2025-Q2 2024-Q4 2024-Q2 2023-Q4 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2011-Q4

Cash And Cash Equivalents

2.58 B 2.05 B 1.61 B 1.54 B 1.32 B 900 M 487 M 369 M 92.5 M 188 M 257 M 178 M 254 M 44.6 M 57.4 M 301 M 12.1 M 26.8 M 168 M 62 M 22.3 M 128 M 11.3 M - 47.8 M 99.4 M 79.7 M 98.7 M 67.9 M 32 M 74.9 M 119 M 27.1 M 236 M 61.7 M 328 M 271 M 368 M 174 M 218 M 28.5 M 22.5 M 9.57 M 33.5 M 17.5 M 32.2 M 27.6 M 19.9 M 26.1 M 84.8 M

Total Current Assets

- - - - - - 1.95 B 1.01 B 734 M 745 M 877 M 1.06 B 1.72 B 1.41 B 902 M 1.96 B 1.17 B 1.72 B 1.35 B 1.62 B 1.56 B 1.76 B 1.22 B - 916 M 1.51 B 1.28 B 1.64 B 1.38 B 1.15 B 1.31 B 1.36 B 1.24 B 1.08 B 1.23 B 1.14 B 1.08 B 1.11 B 1.12 B 1.08 B 873 M 916 M 1.14 B 1.08 B 1.23 B 1.21 B 1.54 B 1.01 B 1.23 B 1.15 B

Property Plant Equipment Net

- - - - - - 465 M 444 M 422 M 412 M 388 M 388 M 289 M 268 M 274 M 300 M 275 M 297 M 286 M 308 M 270 M 258 M 245 M - 222 M 200 M 171 M 178 M 130 M 123 M 102 M 92.4 M 87.9 M 90.4 M 81.7 M 82.8 M 160 M 81.2 M 79.6 M 84.4 M 77.4 M 75.2 M 75.2 M 75 M 107 M 109 M 111 M 113 M 114 M 120 M

Intangible Assets

- - - - - - - - - - - - - - - - - - - - - - - - - 37 K - - - - - - - - - - - - - - - - - - - - - - - -

Goodwill And Intangible Assets

- - - - - - 1.04 M - - - - - 339 K 1.07 M - 298 K - 1.24 M - - - - - - - 37 K - - - - - - - - - - - - - - - - - - - - - - - -

Long-Term Investments

- - - - - - 1.64 B 945 M 748 M 694 M 998 M 577 M - - 652 M - 681 M - 549 M 534 M 504 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Tax Assets

- - - - - - -1.64 B - - - - - - 1.03 M - - - - - - - 14.1 M 67 M - 64.5 M 2.66 M - 10.1 M - - - - 46.6 M 83.7 M 80.6 M 85.9 M 48 M 83.5 M 92.2 M 64.4 M 44 M 33.2 M 57.5 M 604 K - - 343 K 6.07 M - 5.06 M

Total Non Current Assets

- - - - - - 2.2 B 1.48 B 1.28 B 1.2 B 1.47 B 1.06 B 1.13 B 1.03 B 1.06 B 1.09 B 1.07 B 1.19 B 950 M 842 M 857 M 803 M 432 M - 406 M 202 M 244 M 188 M 182 M 163 M 133 M 124 M 135 M 174 M 162 M 169 M 128 M 165 M 172 M 149 M 121 M 108 M 133 M 75.6 M 107 M 109 M 111 M 119 M 114 M 125 M

Total Assets

7.19 B 7.03 B 5.91 B 5.1 B 5.61 B 5 B 4.15 B 2.49 B 2.02 B 1.94 B 2.34 B 2.12 B 2.85 B 2.44 B 1.96 B 3.05 B 2.24 B 2.91 B 2.3 B 2.68 B 2.42 B 2.57 B 1.65 B - 1.32 B 1.71 B 1.53 B 1.83 B 1.56 B 1.31 B 1.44 B 1.48 B 1.37 B 1.26 B 1.39 B 1.31 B 1.21 B 1.27 B 1.29 B 1.23 B 995 M 1.02 B 1.27 B 1.16 B 1.34 B 1.32 B 1.65 B 1.13 B 1.34 B 1.28 B

Account Payables

- - - - - - 585 M 975 M 678 M 772 M 1.04 B 822 M 619 M 544 M 866 M 688 M 950 M 590 M 889 M 659 M 1.07 B 763 M 587 M 629 M 412 M 348 M 536 M 607 M 585 M 516 M 668 M 597 M 572 M 488 M 594 M 721 M 609 M 489 M 614 M 574 M 517 M 541 M 652 M 580 M 632 M 466 M 679 M - 1.02 B -

Short-Term Debt

- - - - - - 5.37 M - 5.08 M 250 M 450 M 225 M 400 M 548 M 350 M 981 M 601 M 706 M 677 M 654 M 601 M 730 M 602 M 451 M 501 M 501 M 501 M 601 M 500 M 350 M 350 M 400 M 400 M 200 M 200 M 100 M 200 M 400 M 300 M 250 M 295 M 340 M 466 M 360 M 475 M 600 M 700 M 268 M 130 M 604 M

Tax Payables

- - - - - - 64.1 M - - - - - 37.3 M 32.1 M - 58.8 M - 35.9 M - - - 5.27 M - - - 7.2 M - - - - - - - - - - - - - - - - - - - - - - - -

Deferred Revenue

- - - - - - - - - - 1 - 159 M 112 M - 139 M - 94.2 M - - - 144 M 56.9 M - - 64.5 M - - - - - - 45.5 M 94.3 M 123 M 178 M 125 M - - 130 M - - 21.8 M - 5.84 M 8.15 M 8.78 M - 14.5 M -

Total Current Liabilities

- - - - - - 819 M 1.03 B 931 M 1.07 B 1.55 B 1.11 B 1.29 B 1.29 B 1.29 B 1.91 B 1.6 B 1.46 B 1.67 B 1.55 B 1.72 B 1.7 B 1.29 B - 947 M 973 M 1.11 B 1.21 B 1.14 B 924 M 1.09 B 1.14 B 1.02 B 882 M 918 M 1 B 936 M 1.02 B 1.06 B 1.05 B 839 M 906 M 1.14 B 1.04 B 1.12 B 1.08 B 1.39 B 990 M 1.17 B 1.14 B

Long-Term Debt

17 M 14 M 12 M 13 M 16 M 12 M 7.28 M 8.14 M 9.03 M - - - 6.87 M 2.58 M 225 M 3.39 M 275 M 305 M 225 M 254 M 300 M 300 M - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Deferred Tax Liabilities Non Current

- - - - - - 282 M - - - - - 9.6 M - - 8.54 M - 27.4 M - - - - - - - - - - - - - - - - - - - - - - - - - - 24.8 M 20.2 M - - 14.4 M -

Total Non Current Liabilities

- - - - - - 290 M 8.14 M 9.03 M - - - 16.5 M 2.58 M 225 M 11.9 M 275 M 333 M 225 M 254 M 300 M 300 M - - - - 170 K - - - - - - - - - - - - - - - - - 24.8 M 20.2 M - - 14.4 M -

Total Liabilities

1.71 B 1.71 B 1.61 B 1.34 B 1.31 B 1.53 B 1.11 B 1.04 B 940 M 1.07 B 1.55 B 1.11 B 1.31 B 1.29 B 1.51 B 1.93 B 1.87 B 1.79 B 1.9 B 1.8 B 2.02 B 2 B 1.29 B - 947 M 973 M 1.11 B 1.21 B 1.14 B 924 M 1.09 B 1.14 B 1.02 B 882 M 918 M 1 B 936 M 1.02 B 1.06 B 1.05 B 839 M 906 M 1.14 B 1.04 B 1.14 B 1.1 B 1.39 B 990 M 1.19 B 1.14 B

Retained Earnings

- - - - - - 2.14 B 1.41 B 1.04 B 826 M 751 M 965 M 1.36 B 1.06 B 399 M 1.03 B 320 M 963 M 358 M 869 M 345 M 563 M 310 M - 320 M 722 M 365 M 608 M 376 M 333 M 296 M 293 M 302 M 322 M 422 M 260 M 222 M 199 M 178 M 132 M 102 M 64.8 M 75.8 M 62.7 M 117 M 134 M 178 M 57 M 74.8 M 53.5 M

Accumulated Other Comprehensive Income Loss

- - - - - - - 662 K 662 K 32.7 M 32.1 M 32.1 M - - 34.8 M - 34.7 M - 34.7 M - 40 M - - - - - 40 M - 40 M 40 M 40 M 40 M - - - - - - - - - - - 40 M - - - - - -

Total Stockholders Equity

5.48 B 5.32 B 4.3 B 3.76 B 4.3 B 3.47 B 3.04 B 1.45 B 1.08 B 872 M 796 M 1.01 B 1.54 B 1.15 B 447 M 1.12 B 367 M 1.13 B 406 M 877 M 399 M 568 M 364 M - 376 M 736 M 418 M 620 M 429 M 387 M 350 M 347 M 356 M 377 M 473 M 311 M 276 M 253 M 231 M 185 M 155 M 119 M 130 M 116 M 197 M 213 M 258 M 136 M 154 M 133 M

Total Liabilities And Stockholders Equity

- - - - - - 4.15 B 2.49 B 2.02 B 1.94 B 2.34 B 2.12 B 2.85 B 2.44 B 1.96 B 3.05 B 2.24 B 2.91 B 2.3 B 2.68 B 2.42 B 2.57 B 1.65 B - 1.32 B 1.71 B 1.53 B 1.83 B 1.56 B 1.31 B 1.44 B 1.48 B 1.37 B 1.26 B 1.39 B 1.31 B 1.21 B 1.27 B 1.29 B 1.23 B 995 M 1.02 B 1.27 B 1.16 B 1.34 B 1.32 B 1.65 B 1.13 B 1.34 B 1.28 B

Total Investments

- - - - - - 1.64 B 948 M 751 M 694 M 998 M 577 M 735 M 635 M 652 M 640 M 681 M 717 M 549 M 534 M 504 M 111 M 120 M - 120 M - - - - - - - - - 100 M - - - - 31 M 41.5 M 63.5 M 120 M 91.5 M 146 M 146 M 184 M 77.2 M 70.2 M 129 M

Total Debt

17 M 14 M 12 M 13 M 16 M 12 M 12.7 M 8.14 M 9.03 M 250 M 450 M 225 M 407 M 551 M 575 M 984 M 876 M 1.01 B 902 M 908 M 901 M 1.03 B 602 M - 501 M 501 M 501 M 601 M 500 M 350 M 350 M 400 M 400 M 200 M 200 M 100 M 200 M 400 M 300 M 250 M 295 M 340 M 466 M 360 M 475 M 600 M 700 M 268 M 130 M 604 M

Net Debt

-2.56 B -2.03 B -1.59 B -1.53 B -1.3 B -890 M -474 M -361 M -83.5 M 62.4 M 193 M 46.9 M 153 M 506 M 518 M 683 M 864 M 985 M 734 M 846 M 879 M 903 M 591 M - 453 M 402 M 422 M 502 M 432 M 318 M 275 M 281 M 373 M -35.5 M 138 M -228 M -71.3 M 31.7 M 126 M 32.3 M 267 M 317 M 457 M 327 M 457 M 568 M 672 M 248 M 104 M 519 M

All numbers in RUB currency

Balance Sheet is a fundamental financial report of ТНС Энерго Марий Эл, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

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