Turkiye Sigorta AS - Asset Resilience Ratio
Turkiye Sigorta AS (TURSG) has an Asset Resilience Ratio of 20.36% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2008–2023)
This chart shows how Turkiye Sigorta AS's Asset Resilience Ratio has changed over time. Check Turkiye Sigorta AS strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Turkiye Sigorta AS's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see TURSG stock market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 0% |
| Short-term Investments | TL17.88 Billion | 20.36% |
| Total Liquid Assets | TL17.88 Billion | 20.36% |
Asset Resilience Insights
- Good Liquidity Position: Turkiye Sigorta AS maintains a healthy 20.36% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company has significant short-term investments, indicating active treasury management.
Turkiye Sigorta AS Industry Peers by Asset Resilience Ratio
Compare Turkiye Sigorta AS's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
QBE Insurance Group Limited
AU:QBE |
Insurance - Property & Casualty | 3.80% |
|
Suncorp Group Ltd
AU:SUNPH |
Insurance - Property & Casualty | 69.36% |
|
Suncorp Group Ltd
AU:SUN |
Insurance - Property & Casualty | 3.36% |
|
Insurance Australia Group Ltd
AU:IAG |
Insurance - Property & Casualty | 2.07% |
|
Fairfax Financial Holdings Ltd
TO:FFH |
Insurance - Property & Casualty | 4.66% |
|
Definity Financial Corp
TO:DFY |
Insurance - Property & Casualty | 2.07% |
|
People's Insurance of China Ltd
SHG:601319 |
Insurance - Property & Casualty | 38.29% |
|
Intact Financial Corporation
TO:IFC |
Insurance - Property & Casualty | 27.27% |
Annual Asset Resilience Ratio for Turkiye Sigorta AS (2008–2023)
The table below shows the annual Asset Resilience Ratio data for Turkiye Sigorta AS.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 13.88% | TL10.59 Billion ≈ $237.24 Million |
TL76.30 Billion ≈ $1.71 Billion |
-5.43pp |
| 2022-12-31 | 19.31% | TL5.32 Billion ≈ $119.08 Million |
TL27.53 Billion ≈ $616.58 Million |
+10.40pp |
| 2021-12-31 | 8.91% | TL1.29 Billion ≈ $28.91 Million |
TL14.48 Billion ≈ $324.32 Million |
+7.17pp |
| 2020-12-31 | 1.74% | TL187.25 Million ≈ $4.19 Million |
TL10.75 Billion ≈ $240.72 Million |
-1.61pp |
| 2019-12-31 | 3.35% | TL122.82 Million ≈ $2.75 Million |
TL3.66 Billion ≈ $82.05 Million |
+2.50pp |
| 2018-12-31 | 0.85% | TL22.24 Million ≈ $498.16K |
TL2.61 Billion ≈ $58.47 Million |
+0.84pp |
| 2015-12-31 | 0.01% | TL182.09K ≈ $4.08K |
TL1.36 Billion ≈ $30.49 Million |
-0.55pp |
| 2014-12-31 | 0.56% | TL6.96 Million ≈ $155.97K |
TL1.24 Billion ≈ $27.67 Million |
-0.53pp |
| 2013-12-31 | 1.09% | TL12.22 Million ≈ $273.66K |
TL1.12 Billion ≈ $25.04 Million |
+0.14pp |
| 2012-12-31 | 0.95% | TL8.81 Million ≈ $197.32K |
TL927.52 Million ≈ $20.77 Million |
-0.21pp |
| 2011-12-31 | 1.16% | TL9.54 Million ≈ $213.67K |
TL825.15 Million ≈ $18.48 Million |
+1.04pp |
| 2009-12-31 | 0.11% | TL776.31K ≈ $17.39K |
TL697.97 Million ≈ $15.63 Million |
-21.09pp |
| 2008-12-31 | 21.20% | TL138.98 Million ≈ $3.11 Million |
TL655.56 Million ≈ $14.68 Million |
-- |
About Turkiye Sigorta AS
Türkiye Sigorta A.S. operates as a non-life insurance company in Turkey. It offers auto and non-auto accident, fire, transportation, engineering, health, agriculture, liability, financial losses, credit, and legal protection insurance products. The company was formerly known as Günes Sigorta Anonim Sirketi and changed its name to Türkiye Sigorta A.S. in August 2020. The company was incorporated i… Read more