Ray Sigorta AS (RAYSG) - Total Liabilities
Based on the latest financial reports, Ray Sigorta AS (RAYSG) has total liabilities worth TL28.83 Billion TRY (≈ $645.62 Million USD) as of June 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Ray Sigorta AS - Total Liabilities Trend (2002–2024)
This chart illustrates how Ray Sigorta AS's total liabilities have evolved over time, based on quarterly financial data. See Ray Sigorta AS short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Ray Sigorta AS Competitors by Total Liabilities
The table below lists competitors of Ray Sigorta AS ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Foshan Nationstar Optoelectronics Co Ltd
SHE:002449
|
China | CN¥2.30 Billion |
|
Longyan Zhuoyue New Energy Co Ltd
SHG:688196
|
China | CN¥982.88 Million |
|
Aeolus Tyre Co Ltd
SHG:600469
|
China | CN¥4.38 Billion |
|
Atal SA
WAR:1AT
|
Poland | zł3.25 Billion |
|
OppFi Inc
NYSE:OPFI
|
USA | $377.00 Million |
|
Shanghai Pudong Road & Bridge Construction Co Ltd
SHG:600284
|
China | CN¥22.52 Billion |
|
Maccura Biotechnology Co Ltd
SHE:300463
|
China | CN¥1.68 Billion |
|
Santacruz Silver Mining Ltd.
V:SCZ
|
Canada | CA$237.69 Million |
Liability Composition Analysis (2002–2024)
This chart breaks down Ray Sigorta AS's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see market value of Ray Sigorta AS.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | N/A | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 4.43 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.82 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Ray Sigorta AS's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Ray Sigorta AS (2002–2024)
The table below shows the annual total liabilities of Ray Sigorta AS from 2002 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | TL21.24 Billion ≈ $475.81 Million |
+140.15% |
| 2023-12-31 | TL8.85 Billion ≈ $198.13 Million |
+94.35% |
| 2022-12-31 | TL4.55 Billion ≈ $101.94 Million |
+147.21% |
| 2021-12-31 | TL1.84 Billion ≈ $41.24 Million |
+26.79% |
| 2020-12-31 | TL1.45 Billion ≈ $32.53 Million |
+43.23% |
| 2019-12-31 | TL1.01 Billion ≈ $22.71 Million |
+41.90% |
| 2018-12-31 | TL714.50 Million ≈ $16.00 Million |
+29.81% |
| 2017-12-31 | TL550.43 Million ≈ $12.33 Million |
+19.99% |
| 2016-12-31 | TL458.71 Million ≈ $10.27 Million |
+28.71% |
| 2015-12-31 | TL356.39 Million ≈ $7.98 Million |
+22.12% |
| 2014-12-31 | TL291.83 Million ≈ $6.54 Million |
+3.16% |
| 2013-12-31 | TL282.88 Million ≈ $6.34 Million |
+21.72% |
| 2012-12-31 | TL232.41 Million ≈ $5.21 Million |
+5.90% |
| 2011-12-31 | TL219.47 Million ≈ $4.92 Million |
+3.00% |
| 2010-12-31 | TL213.08 Million ≈ $4.77 Million |
+6.82% |
| 2009-12-31 | TL199.48 Million ≈ $4.47 Million |
-4.42% |
| 2008-12-31 | TL208.70 Million ≈ $4.67 Million |
+34.24% |
| 2007-12-31 | TL155.47 Million ≈ $3.48 Million |
+10.35% |
| 2006-12-31 | TL140.89 Million ≈ $3.16 Million |
+16.70% |
| 2005-12-31 | TL120.73 Million ≈ $2.70 Million |
+24.86% |
| 2004-12-31 | TL96.70 Million ≈ $2.17 Million |
-100.00% |
| 2003-12-31 | TL74.08 Trillion ≈ $1.66 Trillion |
+67.49% |
| 2002-12-31 | TL44.23 Trillion ≈ $990.61 Billion |
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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