Turkiye Sigorta AS (TURSG) - Total Liabilities

Latest as of September 2024: TL64.75 Billion TRY ≈ $1.45 Billion USD

Based on the latest financial reports, Turkiye Sigorta AS (TURSG) has total liabilities worth TL64.75 Billion TRY (≈ $1.45 Billion USD) 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. Explore TURSG cash flow conversion to assess how effectively this company generates cash.

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. Check TURSG financial resilience to evaluate the company's liquid asset resilience ratio.

Turkiye Sigorta AS Competitors by Total Liabilities

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

Company	Country	Total Liabilities
Companhia Energética de Minas Gerais - CEMIG SA:CMIG3	Brazil	R$36.02 Billion
United States Lime & Minerals Inc NASDAQ:USLM	USA	$51.79 Million
Jumbo S.A. AT:BELA	Greece	€272.34 Million
NBTM New Materials Group Co Ltd SHG:600114	China	CN¥3.84 Billion
Shufersal TA:SAE	Israel	ILA11.48 Billion
Sinopharm Group Co. Ltd F:X2S	Germany	€291.07 Billion
Catalyst Pharmaceuticals Inc NASDAQ:CPRX	USA	$152.54 Million

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. For the full company profile including market capitalisation, see Turkiye Sigorta AS market capitalisation.

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 ≈ $1.39 Billion	+184.24%
2022-12-31	TL21.78 Billion ≈ $487.78 Million	+113.02%
2021-12-31	TL10.22 Billion ≈ $228.98 Million	+40.28%
2020-12-31	TL7.29 Billion ≈ $163.23 Million	+207.11%
2019-12-31	TL2.37 Billion ≈ $53.15 Million	+31.24%
2018-12-31	TL1.81 Billion ≈ $40.50 Million	+21.35%
2017-12-31	TL1.49 Billion ≈ $33.37 Million	+12.64%
2016-12-31	TL1.32 Billion ≈ $29.63 Million	+7.49%
2015-12-31	TL1.23 Billion ≈ $27.56 Million	+26.33%
2014-12-31	TL974.17 Million ≈ $21.82 Million	+10.94%
2013-12-31	TL878.09 Million ≈ $19.67 Million	+28.20%
2012-12-31	TL684.95 Million ≈ $15.34 Million	+16.80%
2011-12-31	TL586.45 Million ≈ $13.14 Million	+8.52%
2010-12-31	TL540.41 Million ≈ $12.10 Million	+8.35%
2009-12-31	TL498.78 Million ≈ $11.17 Million	+11.77%
2008-12-31	TL446.26 Million ≈ $10.00 Million	--

About Turkiye Sigorta AS

IS:TURSG Turkey Insurance - Property & Casualty

Market Cap

$3.15 Billion

TL140.60 Billion TRY

Market Cap Rank

#4787 Global

#29 in Turkey

Share Price

TL14.06

Change (1 day)

+2.78%

52-Week Range

TL7.73 - TL17.59

All Time High

TL19.59