Turkiye Sigorta AS (TURSG) - Total Assets
Based on the latest financial reports, Turkiye Sigorta AS (TURSG) holds total assets worth TL191.06 Billion TRY (≈ $4.28 Billion USD) as of June 2026. 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.
Turkiye Sigorta AS - Total Assets Trend (2008–2025)
This chart illustrates how Turkiye Sigorta AS's total assets have evolved over time, based on quarterly financial data. Also see Turkiye Sigorta AS market capitalisation for the company's overall valuation and market capitalisation.
Turkiye Sigorta AS - Asset Composition Analysis
Current Asset Composition (December 2025)
Turkiye Sigorta AS's total assets of TL191.06 Billion consist of 0.0% current assets and 0.0% non-current assets. Review total liabilities of Turkiye Sigorta AS to assess the company's total debt and financial obligations.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 7.1% |
| Accounts Receivable | TL31.48 Billion | 20.1% |
| Inventory | TL0.00 | 0.0% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL286.53 Million | 0.2% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2008–2025)
This chart illustrates how Turkiye 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. See TURSG share price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Turkiye Sigorta AS's current assets represent 0.0% of total assets in 2025, a decrease from 30.8% in 2008.
- Cash Position: Cash and equivalents constituted 7.1% of total assets in 2025, down from 9.6% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 20.1% of total assets.
Turkiye Sigorta AS Competitors by Total Assets
Key competitors of Turkiye Sigorta AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Slide Insurance Holdings, Inc. Common Stock
NASDAQ:SLDE
|
USA | $2.69 Billion |
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
QBE Insurance Group Limited
AU:QBE
|
Australia | AU$49.19 Billion |
|
Suncorp Group Ltd
AU:SUNPH
|
Australia | AU$30.16 Billion |
|
Suncorp Group Ltd
AU:SUN
|
Australia | AU$29.69 Billion |
|
Insurance Australia Group Ltd
AU:IAG
|
Australia | AU$27.65 Billion |
|
Intact Financial Corporation
TO:IFC
|
Canada | CA$64.28 Billion |
|
Fairfax Financial Holdings Ltd
TO:FFH
|
Canada | CA$108.91 Billion |
Turkiye 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 | 1.74 | 1.39 | 4.37 |
| Quick Ratio | 1.74 | 1.39 | 4.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL26.53 Billion | TL12.08 Billion | TL1.40 Billion |
Turkiye Sigorta AS - Advanced Valuation Insights
This section examines the relationship between Turkiye 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 | 2.08 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 62.6% |
| Total Assets | TL156.98 Billion |
| Market Capitalization | $2.71 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Turkiye Sigorta AS's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Turkiye Sigorta AS's assets grew by 62.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Turkiye Sigorta AS (2008–2025)
The table below shows the annual total assets of Turkiye Sigorta AS from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | TL156.98 Billion ≈ $3.52 Billion |
+62.62% |
| 2024-12-31 | TL96.53 Billion ≈ $2.16 Billion |
+26.52% |
| 2023-12-31 | TL76.30 Billion ≈ $1.71 Billion |
+177.15% |
| 2022-12-31 | TL27.53 Billion ≈ $616.58 Million |
+90.12% |
| 2021-12-31 | TL14.48 Billion ≈ $324.32 Million |
+34.73% |
| 2020-12-31 | TL10.75 Billion ≈ $240.72 Million |
+193.39% |
| 2019-12-31 | TL3.66 Billion ≈ $82.05 Million |
+40.33% |
| 2018-12-31 | TL2.61 Billion ≈ $58.47 Million |
+20.43% |
| 2017-12-31 | TL2.17 Billion ≈ $48.55 Million |
+23.44% |
| 2016-12-31 | TL1.76 Billion ≈ $39.33 Million |
+28.98% |
| 2015-12-31 | TL1.36 Billion ≈ $30.49 Million |
+10.22% |
| 2014-12-31 | TL1.24 Billion ≈ $27.67 Million |
+10.48% |
| 2013-12-31 | TL1.12 Billion ≈ $25.04 Million |
+20.55% |
| 2012-12-31 | TL927.52 Million ≈ $20.77 Million |
+12.41% |
| 2011-12-31 | TL825.15 Million ≈ $18.48 Million |
+5.42% |
| 2010-12-31 | TL782.73 Million ≈ $17.53 Million |
+12.14% |
| 2009-12-31 | TL697.97 Million ≈ $15.63 Million |
+6.47% |
| 2008-12-31 | TL655.56 Million ≈ $14.68 Million |
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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. Türkiye Sigorta A.S. was formerly known as Günes Sigorta Anonim Sirketi and changed its name to Türkiye Sigorta A.S. in August 2020. The company was incor… Read more