Turkiye Sigorta AS (TURSG) — Working Capital to Net Assets Ratio
Turkiye Sigorta AS (TURSG) has a Working Capital to Net Assets ratio of 115.0% as of September 2024. Working capital of TL26.53 Billion (current assets of TL62.21 Billion minus current liabilities of TL35.68 Billion) is measured against net assets of TL23.07 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TURSG net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Turkiye Sigorta AS Working Capital to Net Assets (2008–2023)
This chart shows how Turkiye Sigorta AS's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2008 to 2023. As of September 2024, the ratio stands at 115.0%, reflecting working capital of TL26.53 Billion against net assets of TL23.07 Billion TRY. Check TURSG goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Turkiye Sigorta AS (2008–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Turkiye Sigorta AS from 2008 to 2023, covering 16 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Turkiye Sigorta AS stock valuation.
| Year | WC/NA Ratio | Working Capital (TRY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -65.3% | TL-9.39 Billion | TL14.40 Billion | TL27.52 Billion | TL36.92 Billion | ▼ -194.5 pp |
| 2022 | 129.2% | TL7.43 Billion | TL5.75 Billion | TL19.07 Billion | TL11.64 Billion | ▲ +24.2 pp |
| 2021 | 105.0% | TL4.47 Billion | TL4.26 Billion | TL10.88 Billion | TL6.41 Billion | ▼ -53.0 pp |
| 2020 | 158.0% | TL5.47 Billion | TL3.46 Billion | TL6.72 Billion | TL1.26 Billion | ▲ +49.7 pp |
| 2019 | 108.3% | TL1.40 Billion | TL1.29 Billion | TL1.81 Billion | TL414.40 Million | ▲ +7.9 pp |
| 2018 | 100.4% | TL805.59 Million | TL802.28 Million | TL1.09 Billion | TL288.62 Million | ▲ +5.7 pp |
| 2017 | 94.7% | TL641.44 Million | TL677.60 Million | TL864.53 Million | TL223.09 Million | ▼ -17.8 pp |
| 2016 | 112.4% | TL487.03 Million | TL433.20 Million | TL665.21 Million | TL178.18 Million | ▼ -130.6 pp |
| 2015 | 243.0% | TL317.69 Million | TL130.74 Million | TL501.05 Million | TL183.36 Million | ▲ +166.7 pp |
| 2014 | 76.2% | TL199.04 Million | TL261.06 Million | TL364.13 Million | TL165.09 Million | ▲ +23.8 pp |
| 2013 | 52.4% | TL125.85 Million | TL240.00 Million | TL274.26 Million | TL148.41 Million | ▲ +10.0 pp |
| 2012 | 42.4% | TL102.87 Million | TL242.57 Million | TL218.44 Million | TL115.57 Million | ▼ -24.2 pp |
| 2011 | 66.6% | TL159.07 Million | TL238.70 Million | TL203.26 Million | TL44.19 Million | ▼ -3.3 pp |
| 2010 | 70.0% | TL169.50 Million | TL242.32 Million | TL176.69 Million | TL7.19 Million | ▲ +12.1 pp |
| 2009 | 57.8% | TL115.16 Million | TL199.19 Million | TL183.16 Million | TL67.99 Million | ▼ -16.9 pp |
| 2008 | 74.7% | TL156.30 Million | TL209.30 Million | TL202.00 Million | TL45.70 Million | — |