AK Sigorta AS
Aksigorta A.S. provides various life and non-life insurance products and services to retail and corporate customers in Turkey. It operates through Fire, Transportation, Motor (Automobile Insurance), Motor vehicles Liability (Compulsory Traffic), Other Accident, Engineering, Agriculture, Health, and Life segments. The company offers comprehensive car, motor third party liability, traffic, home, co… Read more
AK Sigorta AS (AKGRT) - Total Assets
Latest total assets as of September 2025: TL29.88 Billion TRY
Based on the latest financial reports, AK Sigorta AS (AKGRT) holds total assets worth TL29.88 Billion TRY as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
AK Sigorta AS - Total Assets Trend (2006–2023)
This chart illustrates how AK Sigorta AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
AK Sigorta AS - Asset Composition Analysis
Current Asset Composition (December 2023)
AK Sigorta AS's total assets of TL29.88 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 25.2% |
| Accounts Receivable | TL6.78 Billion | 32.1% |
| Inventory | TL0.00 | 0.0% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL372.42 Million | 1.8% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2006–2023)
This chart illustrates how AK Sigorta AS's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: AK Sigorta AS's current assets represent 0.0% of total assets in 2023, unchanged from 0.0% in 2006.
- Cash Position: Cash and equivalents constituted 25.2% of total assets in 2023, up from 7.3% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 32.1% of total assets.
AK Sigorta AS Competitors by Total Assets
Key competitors of AK Sigorta AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Union Insurance Co Ltd
TW:2816
|
Taiwan | NT$19.37 Billion |
|
SEOUL GUARANTEE INSURANCE
KO:031210
|
Korea | ₩9.39 Trillion |
|
Allianz Malaysia Bhd
KLSE:1163PA
|
Malaysia | RM30.00 Billion |
|
MAA Group Bhd
KLSE:1198
|
Malaysia | RM414.90 Million |
|
A Plus Asset Advisor Co Ltd
KO:244920
|
Korea | ₩496.08 Billion |
|
Tune Protect Group Bhd
KLSE:5230
|
Malaysia | RM1.20 Billion |
|
Alm. Brand A/S
PINK:ABDBY
|
USA | $32.02 Billion |
|
Arch Capital Group Ltd
NASDAQ:ACGL
|
USA | $67.06 Billion |
AK Sigorta AS - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - AK Sigorta AS generates 0.60x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, AK Sigorta AS generates $5.45 in net profit.
AK Sigorta AS - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.17 | 1.03 | 1.08 |
| Quick Ratio | 1.17 | 1.03 | 1.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL2.17 Billion | TL 290.36 Million | TL 337.04 Million |
AK Sigorta AS - Advanced Valuation Insights
This section examines the relationship between AK Sigorta AS's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.80 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 64.6% |
| Total Assets | TL21.13 Billion |
| Market Capitalization | $104.37 Million USD |
Valuation Analysis
Below Book Valuation: The market values AK Sigorta AS's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: AK Sigorta AS's assets grew by 64.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for AK Sigorta AS (2006–2023)
The table below shows the annual total assets of AK Sigorta AS from 2006 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | TL21.13 Billion | +64.56% |
| 2022-12-31 | TL12.84 Billion | +73.76% |
| 2021-12-31 | TL7.39 Billion | +31.45% |
| 2020-12-31 | TL5.62 Billion | +21.97% |
| 2019-12-31 | TL4.61 Billion | +31.09% |
| 2018-12-31 | TL3.51 Billion | +29.57% |
| 2017-12-31 | TL2.71 Billion | +31.94% |
| 2016-12-31 | TL2.06 Billion | +9.38% |
| 2015-12-31 | TL1.88 Billion | +14.53% |
| 2014-12-31 | TL1.64 Billion | +6.07% |
| 2013-12-31 | TL1.55 Billion | +22.11% |
| 2012-12-31 | TL1.27 Billion | +4.45% |
| 2011-12-31 | TL1.21 Billion | +17.40% |
| 2010-12-31 | TL1.03 Billion | -68.50% |
| 2009-12-31 | TL3.28 Billion | +37.44% |
| 2008-12-31 | TL2.39 Billion | -21.78% |
| 2007-12-31 | TL3.05 Billion | +45.33% |
| 2006-12-31 | TL2.10 Billion | -- |