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 how many days can Turkiye Sigorta AS fund operations to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see TURSG total assets.
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. Check TURSG financial resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |