Adlai Nortye (ANL) Balance Sheet: Assets & Liabilities

Adlai Nortye (ANL) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Adlai Nortye reported total assets of $34.43M and total liabilities of $42.76M. Shareholders' equity was negative at −$8.32M, meaning liabilities exceed assets. Total debt stood at $26.38M against $23.79M in cash and short-term investments, a net debt position of $2.59M.

Adlai Nortye Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Balance sheet showing assets, liabilities, and shareholders' equity for Adlai Nortye Ltd. (ANL) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Current Assets
Cash and Cash Equivalents	23.79	60.90	91.49	42.76	64.13	24.26	6.02
Short-Term Investments	0.00	0.01	7.01	21.29	53.81	0.24	0.00
Cash & Short-Term Investments	23.79	60.91	98.50	64.05	117.94	24.50	6.02
Accounts Receivable	1.39	1.17	0.36	0.35	1.93	0.39	0.09
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	1.72	3.16	2.34	1.91	4.67	4.07	0.32
Total Current Assets	26.89	64.06	101.20	66.30	124.54	29.76	6.43
Non-Current Assets
Property, Plant & Equipment (Net)	3.02	2.71	3.80	5.88	6.59	7.56	3.34
Long-Term Investments	4.25	4.16	24.85	0.00	0.00	0.00	0.08
Intangible Assets	0.02	0.04	0.06	0.09	0.10	0.01	0.12
Other Non-Current Assets	0.25	0.30	0.28	0.33	0.46	0.30	0.83
Total Non-Current Assets	7.54	7.21	28.99	6.29	7.14	8.15	4.37
Total Assets	34.43	71.27	130.19	72.59	131.69	37.64	10.80
Current Liabilities
Accounts Payable	12.64	10.15	14.35	13.10	2.98	2.00	5.26
Short-Term Debt	25.25	26.33	31.08	5.31	11.29	74.70	10.92
Current Portion of Long-Term Debt	-	-	-	290.37	-	74.70	-
Accrued Liabilities	3.14	3.06	4.25	3.62	3.22	1.94	-
Deferred Revenue	0.00	5.00	0.00	0.00	0.00	0.00	0.00
Other Current Liabilities	3.74	0.28	4.12	294.25	3.22	0.52	4.14
Total Current Liabilities	41.63	45.36	49.67	312.65	17.50	88.25	20.32
Non-Current Liabilities
Long-Term Debt	1.13	0.43	0.47	1.24	2.05	78.59	1.03
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	297.56	78.41	58.83
Total Non-Current Liabilities	1.13	0.43	5.47	1.24	299.62	80.31	59.86
Total Liabilities	42.76	45.79	55.14	313.89	317.11	169.68	80.18
Stockholders' Equity
Common Stock	0.01	0.01	0.01	0.00	0.00	0.00	0.00
Retained Earnings	-464.85	-429.32	-377.45	-268.22	-209.43	-152.75	-86.62
Accumulated Other Comprehensive Income	17.25	-4.54	-4.24	9.53	-1.00	3.31	17.24
Additional Paid-in Capital	439.27	439.02	456.73	6.42	14.02	-10.98	0.00
Shares Outstanding	120.00	110.70	110.70	110.70	110.70	-	-
Total Stockholders' Equity	-8.32	25.49	75.05	-241.29	-185.43	-132.04	-69.38
Total Liabilities & Equity	34.43	71.27	130.19	72.59	131.69	36.74	10.80

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Adlai Nortye Balance Sheet

How much debt does Adlai Nortye have?

Adlai Nortye had total debt of $26.38M as of Dec 31, 2025, against $23.79M in cash and short-term investments. Total debt was $26.75M a year earlier.

What are Adlai Nortye's total assets?

Adlai Nortye reported total assets of $34.43M as of Dec 31, 2025, down 51.7% from $71.27M a year earlier. Total liabilities were $42.76M.

What is Adlai Nortye's shareholders' equity?

Adlai Nortye's shareholders' equity was negative at −$8.32M as of Dec 31, 2025, so its liabilities exceeded its assets.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition