Ray Sigorta AS (RAYSG) — Tangible Net Worth Ratio
Ray Sigorta AS (RAYSG) has a Tangible Net Worth Ratio of 99.3% as of June 2025. This metric is calculated by deducting intangible assets (TL47.13 Million) from net assets (TL6.50 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital position of Ray Sigorta AS to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ray Sigorta AS Tangible Net Worth Ratio (2002–2024)
This chart shows how Ray Sigorta AS's Tangible Net Worth Ratio has changed across 23 annual periods from 2002 to 2024. As of June 2025, the ratio stands at 99.3%, reflecting net assets of TL6.50 Billion with intangible assets of TL47.13 Million TRY. See RAYSG defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Ray Sigorta AS (2002–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Ray Sigorta AS from 2002 to 2024, covering 23 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Ray Sigorta AS (RAYSG) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (TRY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.8% | TL4.38 Billion | TL53.44 Million | TL25.62 Billion | ▲ +1.2 pp |
| 2023 | 97.6% | TL2.02 Billion | TL49.34 Million | TL10.86 Billion | ▲ +0.6 pp |
| 2022 | 96.9% | TL890.88 Million | TL27.41 Million | TL5.44 Billion | ▲ +2.0 pp |
| 2021 | 94.9% | TL439.74 Million | TL22.45 Million | TL2.28 Billion | ▲ +0.2 pp |
| 2020 | 94.7% | TL337.90 Million | TL17.84 Million | TL1.79 Billion | ▲ +0.2 pp |
| 2019 | 94.5% | TL262.15 Million | TL14.41 Million | TL1.28 Billion | ▼ -0.9 pp |
| 2018 | 95.4% | TL212.17 Million | TL9.72 Million | TL926.67 Million | ▼ -1.9 pp |
| 2017 | 97.3% | TL184.93 Million | TL5.03 Million | TL735.35 Million | ▼ -0.1 pp |
| 2016 | 97.4% | TL126.33 Million | TL3.25 Million | TL585.05 Million | ▼ -0.3 pp |
| 2015 | 97.8% | TL94.01 Million | TL2.10 Million | TL450.40 Million | ▼ -1.3 pp |
| 2014 | 99.1% | TL109.65 Million | TL1.01 Million | TL401.48 Million | ▼ -0.1 pp |
| 2013 | 99.2% | TL98.39 Million | TL787.00K | TL381.28 Million | ▼ -0.1 pp |
| 2012 | 99.3% | TL90.20 Million | TL616.00K | TL322.61 Million | ▲ +0.7 pp |
| 2011 | 98.7% | TL86.46 Million | TL1.16 Million | TL305.93 Million | ▲ +1.6 pp |
| 2010 | 97.1% | TL51.51 Million | TL1.51 Million | TL264.59 Million | ▲ +1.8 pp |
| 2009 | 95.3% | TL39.82 Million | TL1.88 Million | TL239.30 Million | ▼ -1.8 pp |
| 2008 | 97.0% | TL62.24 Million | TL1.84 Million | TL270.94 Million | ▼ -1.0 pp |
| 2007 | 98.0% | TL49.08 Million | TL980.00K | TL204.55 Million | ▼ -2.0 pp |
| 2006 | 100.0% | TL16.20 Million | TL0.00 | TL157.09 Million | ▲ +0.0 pp |
| 2005 | 100.0% | TL21.91 Million | TL0.00 | TL142.64 Million | ▲ +63.6 pp |
| 2004 | 36.4% | TL26.55 Million | TL16.87 Million | TL123.24 Million | ▼ -4.8 pp |
| 2003 | 41.3% | TL29.17 Trillion | TL17.14 Trillion | TL103.25 Trillion | ▼ -7.1 pp |
| 2002 | 48.4% | TL26.22 Trillion | TL13.53 Trillion | TL70.45 Trillion | — |