Ray Sigorta AS (RAYSG) - Total Assets
Based on the latest financial reports, Ray Sigorta AS (RAYSG) holds total assets worth TL35.33 Billion TRY (≈ $791.22 Million USD) as of June 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. See Ray Sigorta AS (RAYSG) shareholders funds for net asset value and shareholders' equity analysis.
Ray Sigorta AS - Total Assets Trend (2002–2024)
This chart illustrates how Ray Sigorta AS's total assets have evolved over time, based on quarterly financial data.
Ray Sigorta AS - Asset Composition Analysis
Current Asset Composition (December 2024)
Ray Sigorta AS's total assets of TL35.33 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 52.5% |
| Accounts Receivable | TL6.84 Billion | 26.7% |
| Inventory | TL0.00 | 0.0% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL53.44 Million | 0.2% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Ray 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. For live market cap, price, and company overview, see Ray Sigorta AS stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ray Sigorta AS's current assets represent 0.0% of total assets in 2024, unchanged from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 52.5% of total assets in 2024, up from 21.6% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 19.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 26.7% of total assets.
Ray Sigorta AS Competitors by Total Assets
Key competitors of Ray Sigorta AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ageas SA/NV
BR:AGS
|
Belgium | €99.48 Billion |
|
Alm. Brand
CO:ALMB
|
Denmark | Dkr32.02 Billion |
|
FG Financial Group
NASDAQ:FGF
|
USA | $92.86 Million |
|
Vienna Insurance Group AG
VI:VIG
|
Austria | €52.22 Billion |
|
UNIQA Insurance Group AG
VI:UQA
|
Austria | €28.61 Billion |
|
BB Seguridade Participacoes SA
SA:BBSE3
|
Brazil | R$23.10 Billion |
|
Porto Seguro S.A
SA:PSSA3
|
Brazil | R$55.86 Billion |
|
Sun Life Financial Inc.
TO:SLF
|
Canada | CA$398.45 Billion |
Ray 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 | 0.94 | 1.02 | 1.30 |
| Quick Ratio | 0.94 | 1.02 | 1.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL-337.30 Million | TL33.65 Million | TL185.69 Million |
Ray Sigorta AS - Advanced Valuation Insights
This section examines the relationship between Ray 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 | 5.52 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 135.8% |
| Total Assets | TL25.62 Billion |
| Market Capitalization | $720.61 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ray Sigorta AS's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ray Sigorta AS's assets grew by 135.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ray Sigorta AS (2002–2024)
The table below shows the annual total assets of Ray Sigorta AS from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL25.62 Billion ≈ $573.89 Million |
+135.83% |
| 2023-12-31 | TL10.86 Billion ≈ $243.34 Million |
+99.63% |
| 2022-12-31 | TL5.44 Billion ≈ $121.90 Million |
+138.61% |
| 2021-12-31 | TL2.28 Billion ≈ $51.09 Million |
+27.42% |
| 2020-12-31 | TL1.79 Billion ≈ $40.09 Million |
+40.29% |
| 2019-12-31 | TL1.28 Billion ≈ $28.58 Million |
+37.70% |
| 2018-12-31 | TL926.67 Million ≈ $20.76 Million |
+26.02% |
| 2017-12-31 | TL735.35 Million ≈ $16.47 Million |
+25.69% |
| 2016-12-31 | TL585.05 Million ≈ $13.10 Million |
+29.89% |
| 2015-12-31 | TL450.40 Million ≈ $10.09 Million |
+12.19% |
| 2014-12-31 | TL401.48 Million ≈ $8.99 Million |
+5.30% |
| 2013-12-31 | TL381.28 Million ≈ $8.54 Million |
+18.19% |
| 2012-12-31 | TL322.61 Million ≈ $7.23 Million |
+5.45% |
| 2011-12-31 | TL305.93 Million ≈ $6.85 Million |
+15.63% |
| 2010-12-31 | TL264.59 Million ≈ $5.93 Million |
+10.57% |
| 2009-12-31 | TL239.30 Million ≈ $5.36 Million |
-11.68% |
| 2008-12-31 | TL270.94 Million ≈ $6.07 Million |
+32.46% |
| 2007-12-31 | TL204.55 Million ≈ $4.58 Million |
+30.21% |
| 2006-12-31 | TL157.09 Million ≈ $3.52 Million |
+10.13% |
| 2005-12-31 | TL142.64 Million ≈ $3.19 Million |
+15.74% |
| 2004-12-31 | TL123.24 Million ≈ $2.76 Million |
-100.00% |
| 2003-12-31 | TL103.25 Trillion ≈ $2.31 Trillion |
+46.57% |
| 2002-12-31 | TL70.45 Trillion ≈ $1.58 Trillion |
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About Ray Sigorta AS
Ray Sigorta Anonim Sirketi engages in the non-life insurance business in Turkey. The company offers accident, illness - health, land vehicles, aircraft, watercraft, transportation, fire, natural disasters, general damages, credit, financial losses, and legal protection insurance services; home insurance policies; and general liability insurance solutions. It sells its products through agencies, a… Read more