Turkiye Sigorta AS

IS:TURSG Turkey Insurance - Property & Casualty
Market Cap
$3.93 Billion
TL139.50 Billion TRY
Market Cap Rank
#8513 Global
#36 in Turkey
Share Price
TL13.95
Change (1 day)
+7.06%
52-Week Range
TL7.73 - TL19.59
All Time High
TL19.59
About

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. The company was formerly known as Günes Sigorta Anonim Sirketi and changed its name to Türkiye Sigorta A.S. in August 2020. The company was incorporated i… Read more

Turkiye Sigorta AS (TURSG) - Total Liabilities

Latest total liabilities as of September 2024: TL64.75 Billion TRY

Based on the latest financial reports, Turkiye Sigorta AS (TURSG) has total liabilities worth TL64.75 Billion TRY as of September 2024.

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.

Turkiye Sigorta AS - Total Liabilities Trend (2008–2023)

This chart illustrates how Turkiye Sigorta AS's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.

Turkiye Sigorta AS Competitors by Total Liabilities

The table below lists competitors of Turkiye Sigorta AS ranked by their total liabilities.

Liability Composition Analysis (2008–2023)

This chart breaks down Turkiye 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.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 1.74 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 2.81 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.74 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 Turkiye Sigorta AS's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Turkiye Sigorta AS (2008–2023)

The table below shows the annual total liabilities of Turkiye Sigorta AS from 2008 to 2023.

Year Total Liabilities Change
2023-12-31 TL61.90 Billion +184.24%
2022-12-31 TL21.78 Billion +113.02%
2021-12-31 TL10.22 Billion +40.28%
2020-12-31 TL7.29 Billion +207.11%
2019-12-31 TL2.37 Billion +31.24%
2018-12-31 TL1.81 Billion +21.35%
2017-12-31 TL1.49 Billion +12.64%
2016-12-31 TL1.32 Billion +7.49%
2015-12-31 TL1.23 Billion +26.33%
2014-12-31 TL974.17 Million +10.94%
2013-12-31 TL878.09 Million +28.20%
2012-12-31 TL684.95 Million +16.80%
2011-12-31 TL586.45 Million +8.52%
2010-12-31 TL540.41 Million +8.35%
2009-12-31 TL498.78 Million +11.77%
2008-12-31 TL446.26 Million --