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.

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 working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

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
GEORGIA CAPITAL LS 001 F:2IX	Germany	€3.03 Million
Greenbrier Companies Inc NYSE:GBX	USA	$2.62 Billion
HYDROGRAPH CLEAN POWER F:M98	Germany	€2.34 Million
Great Wall Enterprise Co Ltd TW:1210	Taiwan	NT$40.68 Billion
Kinnevik Investment AB ser. B ST:KINV-B	Sweden	Skr2.21 Billion
Hongrun Construction Group Co Ltd SHE:002062	China	CN¥8.91 Billion
Autek China Inc SHE:300595	China	CN¥872.83 Million
Paramount Group Inc NYSE:PGRE	USA	$3.90 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 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

$1.46 Billion

TL65.40 Billion TRY

Market Cap Rank

#7492 Global

#56 in Turkey

Share Price

TL6.54

Change (1 day)

-1.65%

52-Week Range

TL6.54 - TL14.88

All Time High

TL19.59