Turkish Airlines (THYAO) - Total Liabilities
Based on the latest financial reports, Turkish Airlines (THYAO) has total liabilities worth TL22.86 Billion TRY (≈ $511.96 Million USD) as of September 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. Explore THYAO operating cash flow to assess how effectively this company generates cash.
Turkish Airlines - Total Liabilities Trend (2000–2024)
This chart illustrates how Turkish Airlines's total liabilities have evolved over time, based on quarterly financial data. Check asset resilience ratio of Turkish Airlines to evaluate the company's liquid asset resilience ratio.
Turkish Airlines Competitors by Total Liabilities
The table below lists competitors of Turkish Airlines ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Localiza Rent a Car S.A
SA:RENT3
|
Brazil | R$57.93 Billion |
|
Booz Allen Hamilton Holding
NYSE:BAH
|
USA | $6.03 Billion |
|
Sanlam Ltd
JSE:SLM
|
South Africa | ZAC1.09 Trillion |
|
Skechers USA Inc
NYSE:SKX
|
USA | $3.90 Billion |
|
Hainan Airlines Co Ltd A
SHG:600221
|
China | CN¥144.78 Billion |
|
Torrent Power Limited
NSE:TORNTPOWER
|
India | Rs208.90 Billion |
|
DocuSign Inc
NASDAQ:DOCU
|
USA | $2.00 Billion |
Liability Composition Analysis (2000–2024)
This chart breaks down Turkish Airlines'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 THYAO market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.98 | 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 | 1.12 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.53 | 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 Turkish Airlines's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Turkish Airlines (2000–2024)
The table below shows the annual total liabilities of Turkish Airlines from 2000 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | TL719.59 Billion ≈ $16.12 Billion |
+21.35% |
| 2023-12-31 | TL592.98 Billion ≈ $13.28 Billion |
+49.31% |
| 2022-12-31 | TL397.14 Billion ≈ $8.89 Billion |
+1915.96% |
| 2021-12-31 | TL19.70 Billion ≈ $441.23 Million |
-86.68% |
| 2020-12-31 | TL147.89 Billion ≈ $3.31 Billion |
+729.57% |
| 2019-12-31 | TL17.83 Billion ≈ $399.29 Million |
+21.25% |
| 2018-12-31 | TL14.70 Billion ≈ $329.32 Million |
+15.16% |
| 2017-12-31 | TL12.77 Billion ≈ $285.96 Million |
-4.55% |
| 2016-12-31 | TL13.38 Billion ≈ $299.58 Million |
-60.13% |
| 2015-12-31 | TL33.55 Billion ≈ $751.39 Million |
+47.65% |
| 2014-12-31 | TL22.72 Billion ≈ $508.90 Million |
+23.24% |
| 2013-12-31 | TL18.44 Billion ≈ $412.94 Million |
+37.84% |
| 2012-12-31 | TL13.38 Billion ≈ $299.58 Million |
+12.35% |
| 2011-12-31 | TL11.91 Billion ≈ $266.66 Million |
+72.51% |
| 2010-12-31 | TL6.90 Billion ≈ $154.58 Million |
+34.60% |
| 2009-12-31 | TL5.13 Billion ≈ $114.84 Million |
+4.96% |
| 2008-12-31 | TL4.89 Billion ≈ $109.41 Million |
+61.89% |
| 2007-12-31 | TL3.02 Billion ≈ $67.58 Million |
+0.94% |
| 2006-12-31 | TL2.99 Billion ≈ $66.95 Million |
+31.89% |
| 2005-12-31 | TL2.27 Billion ≈ $50.76 Million |
+23.31% |
| 2004-12-31 | TL1.84 Billion ≈ $41.17 Million |
-100.00% |
| 2003-12-31 | TL2065.74 Trillion ≈ $46.27 Trillion |
+225.06% |
| 2002-12-31 | TL635.50 Trillion ≈ $14.23 Trillion |
+48.89% |
| 2001-12-31 | TL426.82 Trillion ≈ $9.56 Trillion |
+49.30% |
| 2000-12-31 | TL285.89 Trillion ≈ $6.40 Trillion |
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About Turkish Airlines
Türk Hava Yollari Anonim Ortakligi provides air transport and aircraft technical maintenance services in Turkey and internationally. The company offers domestic and international passenger and cargo air transportation services; repair and maintenance; technical and infrastructure support services related to aviation sector; technology and information services; support services; occupational healt… Read more