Turk Traktor ve Ziraat Makineleri AS (TTRAK) - Total Liabilities
Based on the latest financial reports, Turk Traktor ve Ziraat Makineleri AS (TTRAK) has total liabilities worth TL26.38 Billion TRY (≈ $590.91 Million USD) as of March 2026. 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.
Turk Traktor ve Ziraat Makineleri AS - Total Liabilities Trend (2003–2025)
This chart illustrates how Turk Traktor ve Ziraat Makineleri AS's total liabilities have evolved over time, based on quarterly financial data. See TTRAK net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Turk Traktor ve Ziraat Makineleri AS Competitors by Total Liabilities
The table below lists competitors of Turk Traktor ve Ziraat Makineleri AS ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Vesuvius India Limited
NSE:VESUVIUS
|
India | Rs4.86 Billion |
|
Altamir SCA
PA:LTA
|
France | €135.52 Million |
|
Neo Performance Materials Inc
TO:NEO
|
Canada | CA$293.88 Million |
|
Glenveagh Properties PLC
IR:GVR
|
Ireland | €510.35 Million |
|
Halo Microelectronics Co. Ltd. A
SHG:688173
|
China | CN¥264.78 Million |
|
Green Cross Corp
KO:006280
|
Korea | ₩1.70 Trillion |
|
Changzhou Tenglong Auto Parts
SHG:603158
|
China | CN¥2.41 Billion |
|
Cymbria Corporation
TO:CYB
|
Canada | CA$138.94 Million |
Liability Composition Analysis (2003–2025)
This chart breaks down Turk Traktor ve Ziraat Makineleri 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 TTRAK company net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.08 | 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 | 1.54 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.61 | 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 Turk Traktor ve Ziraat Makineleri AS's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Turk Traktor ve Ziraat Makineleri AS (2003–2025)
The table below shows the annual total liabilities of Turk Traktor ve Ziraat Makineleri AS from 2003 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | TL22.89 Billion ≈ $512.69 Million |
+20.69% |
| 2024-12-31 | TL18.97 Billion ≈ $424.79 Million |
+11.18% |
| 2023-12-31 | TL17.06 Billion ≈ $382.06 Million |
+67.93% |
| 2022-12-31 | TL10.16 Billion ≈ $227.51 Million |
+150.21% |
| 2021-12-31 | TL4.06 Billion ≈ $90.93 Million |
+28.84% |
| 2020-12-31 | TL3.15 Billion ≈ $70.57 Million |
+46.43% |
| 2019-12-31 | TL2.15 Billion ≈ $48.19 Million |
-11.86% |
| 2018-12-31 | TL2.44 Billion ≈ $54.68 Million |
+20.21% |
| 2017-12-31 | TL2.03 Billion ≈ $45.49 Million |
+26.75% |
| 2016-12-31 | TL1.60 Billion ≈ $35.89 Million |
+17.37% |
| 2015-12-31 | TL1.37 Billion ≈ $30.58 Million |
+12.90% |
| 2014-12-31 | TL1.21 Billion ≈ $27.08 Million |
+60.95% |
| 2013-12-31 | TL751.29 Million ≈ $16.83 Million |
+14.54% |
| 2012-12-31 | TL655.95 Million ≈ $14.69 Million |
+1.80% |
| 2011-12-31 | TL644.37 Million ≈ $14.43 Million |
+54.15% |
| 2010-12-31 | TL418.00 Million ≈ $9.36 Million |
+1.33% |
| 2009-12-31 | TL412.51 Million ≈ $9.24 Million |
-39.12% |
| 2008-12-31 | TL677.59 Million ≈ $15.18 Million |
+426.22% |
| 2007-12-31 | TL128.77 Million ≈ $2.88 Million |
+59.30% |
| 2006-12-31 | TL80.83 Million ≈ $1.81 Million |
-8.24% |
| 2005-12-31 | TL88.09 Million ≈ $1.97 Million |
-55.43% |
| 2004-12-31 | TL197.64 Million ≈ $4.43 Million |
+23.99% |
| 2003-12-31 | TL159.39 Million ≈ $3.57 Million |
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About Turk Traktor ve Ziraat Makineleri AS
Türk Traktör ve Ziraat Makineleri A.S. engages in the manufacture and sale of tractor and agricultural equipment worldwide. It also offers construction equipment. The company offers its products under the New Holland, Case, TürkTraktör, New Holland Construction, Case Construction, Tarlam cepte, Hassas Tarim, and Servisim brands. Türk Traktör ve Ziraat Makineleri A.S. was formerly known as Minneap… Read more