Air Global PLC Ordinary Shares (AIIR) - Net Assets
Based on the latest financial reports, Air Global PLC Ordinary Shares (AIIR) has net assets worth $192.83 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($759.13 Million) and total liabilities ($566.31 Million). 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. Check AIIR strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $192.83 Million |
| % of Total Assets | 25.4% |
| Annual Growth Rate | 29.08% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.14 |
Air Global PLC Ordinary Shares - Net Assets Trend (2023–2025)
This chart illustrates how Air Global PLC Ordinary Shares's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Air Global PLC Ordinary Shares.
Annual Net Assets for Air Global PLC Ordinary Shares (2023–2025)
The table below shows the annual net assets of Air Global PLC Ordinary Shares from 2023 to 2025. Also explore Air Global PLC Ordinary Shares net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $209.37 Million | +37.49% |
| 2024-12-31 | $152.28 Million | +21.22% |
| 2023-12-31 | $125.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Air Global PLC Ordinary Shares'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 grown by 34.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $262.45 Million | 125.35% |
| Common Stock | $968.77 Million | 462.71% |
| Other Comprehensive Income | $-1.06 Billion | -507.08% |
| Other Components | $39.83 Million | 19.03% |
| Total Equity | $209.37 Million | 100.00% |
Air Global PLC Ordinary Shares Competitors by Market Cap
The table below lists competitors of Air Global PLC Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ABOUT YOU Holding AG
F:YOU
|
$1.15 Billion |
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
$1.15 Billion |
|
TheRealReal Inc
NASDAQ:REAL
|
$1.15 Billion |
|
Guangdong South New Media Co Ltd
SHE:300770
|
$1.15 Billion |
|
Willis Lease Finance Corporation
NASDAQ:WLFC
|
$1.15 Billion |
|
Evotec SE ADR
NASDAQ:EVO
|
$1.15 Billion |
|
Shanghai Cooltech Power Co Ltd
SHE:300153
|
$1.15 Billion |
|
Strides Pharma Science Limited
NSE:STAR
|
$1.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Air Global PLC Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 152,279,000 to 209,370,000, a change of 57,091,000 (37.5%).
- Net income of 46,804,000 contributed positively to equity growth.
- Dividend payments of 693,000 reduced retained earnings.
- Share repurchases of 470,000 reduced equity.
- Other comprehensive income increased equity by 7,216,000.
- Other factors increased equity by 4,234,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $46.80 Million | +22.35% |
| Dividends Paid | $693.00K | -0.33% |
| Share Repurchases | $470.00K | -0.22% |
| Other Comprehensive Income | $7.22 Million | +3.45% |
| Other Changes | $4.23 Million | +2.02% |
| Total Change | $- | 37.49% |
Book Value vs Market Value Analysis
This analysis compares Air Global PLC Ordinary Shares'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
- Current price-to-book ratio: 1.22x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.59x to 1.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | $0.76 | $7.29 | x |
| 2024-12-31 | $0.98 | $7.29 | x |
| 2025-12-31 | $5.97 | $7.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Air Global PLC Ordinary Shares 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): 22.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.71%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 3.45x
- Recent ROE (22.35%) is below the historical average (30.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 45.60% | 14.76% | 0.53x | 5.78x | $41.96 Million |
| 2024 | 22.41% | 9.06% | 0.57x | 4.31x | $18.89 Million |
| 2025 | 22.35% | 11.71% | 0.55x | 3.45x | $25.87 Million |
Industry Comparison
This section compares Air Global PLC Ordinary Shares's net assets metrics with peer companies in the Tobacco industry.
Industry Context
- Industry: Tobacco
- Average net assets among peers: $3,301,996,633
- Average return on equity (ROE) among peers: 2.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Air Global PLC Ordinary Shares (AIIR) | $192.83 Million | 45.60% | 2.94x | $1.15 Billion |
| Greenlane Holdings Inc (GNLN) | $196.36 Million | -15.57% | 0.46x | $7.01 Million |
| Hempacco Co., Inc. (HPCO) | $-779.33K | 0.00% | 0.00x | $1.18K |
| Ispire Technology Inc. Common Stock (ISPR) | $31.47 Million | -19.08% | 1.87x | $82.66 Million |
| Kaival Brands Innovations Group Inc (KAVL) | $-44.89K | 0.00% | 0.00x | $243.64K |
| Altria Group (MO) | $-1.61 Billion | 0.00% | 0.00x | $114.13 Billion |
| Philip Morris International Inc (PM) | $15.40 Billion | 39.13% | 1.08x | $295.47 Billion |
| RLX Technology Inc (RLX) | $15.60 Billion | 3.43% | 0.05x | $1.58 Billion |
| RYTHM, Inc. (RYM) | $-9.04 Million | 0.00% | 0.00x | $46.05 Million |
| Turning Point Brands Inc (TPB) | $106.58 Million | 15.23% | 3.19x | $1.36 Billion |
About Air Global PLC Ordinary Shares
AIR Global PLC manufactures and sells hookah and inhalation products. Its portfolio includes flavored molasses brands, such as Al Fakher, Shisha Kartel, Zødiac, NameLess, and Kloud King, as well as inhalation devices, such as OOKA and VANT. It sells its products through direct-to-consumer, distributor, and licensed retail channels in approximately 90 markets worldwide. The company was founded in … Read more