SPIRIT AERO HLDG-A
Spirit AeroSystems Holdings, Inc. designs and manufactures commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems; floor beams, nacelles, struts/pylons, horizontal and vertical stabilizers, flaps and slats flight control surfaces, wing structures, and … Read more
SPIRIT AERO HLDG-A (S9Q) - Net Assets
Latest net assets as of September 2025: €-4.52 Billion EUR
Based on the latest financial reports, SPIRIT AERO HLDG-A (S9Q) has net assets worth €-4.52 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€6.10 Billion) and total liabilities (€10.62 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-4.52 Billion |
| % of Total Assets | -74.01% |
| Annual Growth Rate | N/A |
| 5-Year Change | -405.25% |
| 10-Year Change | N/A |
| Growth Volatility | 59.46 |
SPIRIT AERO HLDG-A - Net Assets Trend (2016–2024)
This chart illustrates how SPIRIT AERO HLDG-A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SPIRIT AERO HLDG-A (2016–2024)
The table below shows the annual net assets of SPIRIT AERO HLDG-A from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €-2.62 Billion | -427.53% |
| 2023-12-31 | €-495.90 Million | -103.40% |
| 2022-12-31 | €-243.80 Million | -154.32% |
| 2021-12-31 | €448.80 Million | -47.63% |
| 2020-12-31 | €857.00 Million | -51.36% |
| 2019-12-31 | €1.76 Billion | +42.31% |
| 2018-12-31 | €1.24 Billion | -31.27% |
| 2017-12-31 | €1.80 Billion | -6.60% |
| 2016-12-31 | €1.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SPIRIT AERO HLDG-A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 172.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Total Equity | €-2.62 Billion | 100.00% |
SPIRIT AERO HLDG-A Competitors by Market Cap
The table below lists competitors of SPIRIT AERO HLDG-A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jl Mag Rare-Earth Co Ltd Class A
SHE:300748
|
$3.48 Billion |
|
Shake Shack Inc
NYSE:SHAK
|
$3.48 Billion |
|
Mainfreight Limited
PINK:MFGHF
|
$3.48 Billion |
|
SpringWorks Therapeutics Inc
NASDAQ:SWTX
|
$3.48 Billion |
|
Fulton Financial Corporation
NASDAQ:FULT
|
$3.48 Billion |
|
Minor International Public Company Limited
PINK:MINOF
|
$3.48 Billion |
|
Shenzhen Sunlord Electronics Co Ltd
SHE:002138
|
$3.48 Billion |
|
PrairieSky Royalty Ltd
PINK:PREKF
|
$3.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SPIRIT AERO HLDG-A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -499,700,000 to -2,621,500,000, a change of -2,121,800,000.
- Net loss of 2,139,800,000 reduced equity.
- Other factors increased equity by 18,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.14 Billion | -81.63% |
| Other Changes | €18.00 Million | +0.69% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares SPIRIT AERO HLDG-A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €15.74 | €33.40 | x |
| 2018-12-31 | €11.74 | €33.40 | x |
| 2019-12-31 | €16.79 | €33.40 | x |
| 2020-12-31 | €8.12 | €33.40 | x |
| 2021-12-31 | €4.27 | €33.40 | x |
| 2022-12-31 | €-2.35 | €33.40 | x |
| 2023-12-31 | €-4.31 | €33.40 | x |
| 2024-12-31 | €-22.36 | €33.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SPIRIT AERO HLDG-A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.88%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-10.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 24.36% | 6.91% | 1.26x | 2.80x | €276.87 Million |
| 2017 | 19.71% | 5.08% | 1.33x | 2.92x | €174.80 Million |
| 2018 | 49.85% | 8.54% | 1.27x | 4.59x | €493.24 Million |
| 2019 | 30.10% | 6.74% | 1.03x | 4.32x | €353.96 Million |
| 2020 | -101.61% | -25.56% | 0.41x | 9.79x | €-955.95 Million |
| 2021 | -120.63% | -13.68% | 0.51x | 17.26x | €-585.63 Million |
| 2022 | 0.00% | -10.85% | 0.75x | 0.00x | €-520.95 Million |
| 2023 | 0.00% | -10.19% | 0.87x | 0.00x | €-566.23 Million |
| 2024 | 0.00% | -33.88% | 0.93x | 0.00x | €-1.88 Billion |
Industry Comparison
This section compares SPIRIT AERO HLDG-A's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $326,600,909
- Average return on equity (ROE) among peers: -19.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SPIRIT AERO HLDG-A (S9Q) | €-4.52 Billion | 24.36% | N/A | $3.48 Billion |
| Savosolar Oyj (5J4) | $3.65 Million | -155.00% | 0.77x | $1.12 Million |
| Genesis Scale Holdings Limited (92N0) | $1.62 Billion | -4.20% | 0.22x | $21.03 Million |
| Cohort plc (C7K) | $73.99 Million | 4.96% | 0.58x | $538.09 Million |
| Porto Aviation Group S.p.A. (M2N) | $3.20 Million | 6.21% | 0.77x | $77.55K |
| OHB SE (OHB) | $252.62 Million | 10.89% | 2.80x | $178.59 Million |
| Renk Group AG (R3NK) | $324.51 Million | 4.97% | 3.57x | $4.05 Billion |
| AS Rigas kugu buvetava (UW3) | $11.24 Million | -7.33% | 0.68x | $2.10 Million |