Turkiye Sigorta AS (TURSG) - Total Liabilities
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. Also explore Turkiye Sigorta AS equity growth rate to track the company's year-over-year net asset growth rate.
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. See Turkiye Sigorta AS (TURSG) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
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 |
|---|---|---|
|
BW Energy Ltd
OL:BWE
|
Norway | Nkr1.48 Billion |
|
Macmahon Holdings Ltd
AU:MAH
|
Australia | AU$992.39 Million |
|
Butterfly Network Inc
NYSE:BFLY
|
USA | $94.70 Million |
|
Shandong Yisheng Livestock & Poultry Breeding Co Ltd
SHE:002458
|
China | CN¥3.02 Billion |
|
Zhongli Science and Technology Group Co Ltd
SHE:002309
|
China | CN¥2.91 Billion |
|
Television Francaise 1 SA
PA:TFI
|
France | €1.71 Billion |
|
Silicon2 Co. Ltd.
KQ:257720
|
Korea | ₩249.59 Billion |
|
Distribution Solutions Group Inc
NASDAQ:DSGR
|
USA | $1.11 Billion |
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 how much is Turkiye Sigorta AS worth.
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 |
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About Turkiye Sigorta AS
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