Gogo Inc

NASDAQ:GOGO USA Telecom Services
Market Cap
$586.28 Million
Market Cap Rank
#10729 Global
#4918 in USA
Share Price
$4.38
Change (1 day)
-0.68%
52-Week Range
$3.92 - $16.54
All Time High
$23.28
Categories
Companies in USA Telecom Services
About

Gogo Inc., together with its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. The company's product platform includes networks, antennas, and airborne equipment and software. The company offers in-flight systems; in-flight services; aviation partner support; and engineering, design, and development services, as well as produ… Read more

Gogo Inc (GOGO) - Net Assets

Latest net assets as of September 2025: $106.96 Million USD

Based on the latest financial reports, Gogo Inc (GOGO) has net assets worth $106.96 Million USD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.30 Billion) and total liabilities ($1.19 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 $106.96 Million
% of Total Assets 8.26%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change 4.73%
Growth Volatility 85.52

Gogo Inc - Net Assets Trend (2009–2024)

This chart illustrates how Gogo Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Gogo Inc (2009–2024)

The table below shows the annual net assets of Gogo Inc from 2009 to 2024.

Year Net Assets Change
2024-12-31 $69.32 Million +70.22%
2023-12-31 $40.73 Million +139.98%
2022-12-31 $-101.87 Million +68.18%
2021-12-31 $-320.15 Million +50.06%
2020-12-31 $-641.11 Million -60.72%
2019-12-31 $-398.89 Million -48.42%
2018-12-31 $-268.76 Million -40.30%
2017-12-31 $-191.56 Million -374.25%
2016-12-31 $-40.39 Million -161.02%
2015-12-31 $66.19 Million -66.53%
2014-12-31 $197.76 Million -26.81%
2013-12-31 $270.19 Million +60.25%
2012-12-31 $168.60 Million +147.67%
2011-12-31 $-353.66 Million -7.05%
2010-12-31 $-330.37 Million -72.21%
2009-12-31 $-191.84 Million --

Equity Component Analysis

This analysis shows how different components contribute to Gogo Inc'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 88532000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock $14.00K 0.02%
Other Comprehensive Income $5.57 Million 8.03%
Other Components $1.26 Billion 1823.16%
Total Equity $69.32 Million 100.00%

Gogo Inc Competitors by Market Cap

The table below lists competitors of Gogo Inc ranked by their market capitalization.

Company Market Cap
RENAU.UNSP.ARD 1/5 EO-20
F:56S0
 		$455.45 Million
Jianglong Shipbuilding Co Ltd
SHE:300589
 		$455.60 Million
Lancy Co Ltd
SHE:002612
 		$455.63 Million
PT Unilever Indonesia Tbk
PINK:UNLRF
 		$455.68 Million
Fujian Septwolves Industry Co Ltd
SHE:002029
 		$455.31 Million
CEVA Inc
NASDAQ:CEVA
 		$454.93 Million
Shenzhen Shengxunda Technology Co Ltd Class A
SHE:300518
 		$454.37 Million
Arrow Financial Corporation
NASDAQ:AROW
 		$454.36 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gogo Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 40,725,000 to 69,324,000, a change of 28,599,000 (70.2%).
  • Net income of 13,746,000 contributed positively to equity growth.
  • Share repurchases of 33,185,000 reduced equity.
  • Other comprehensive income decreased equity by 10,229,000.
  • Other factors increased equity by 58,267,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $13.75 Million +19.83%
Share Repurchases $33.19 Million -47.87%
Other Comprehensive Income $-10.23 Million -14.76%
Other Changes $58.27 Million +84.05%
Total Change $- 70.22%

Book Value vs Market Value Analysis

This analysis compares Gogo Inc'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: 8.31x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-12-31 $-2.26 $4.38 x
2010-12-31 $-3.89 $4.38 x
2011-12-31 $-4.16 $4.38 x
2012-12-31 $1.99 $4.38 x
2013-12-31 $3.19 $4.38 x
2014-12-31 $2.32 $4.38 x
2015-12-31 $0.83 $4.38 x
2016-12-31 $-0.51 $4.38 x
2017-12-31 $-2.41 $4.38 x
2018-12-31 $-3.36 $4.38 x
2019-12-31 $-4.94 $4.38 x
2020-12-31 $-7.79 $4.38 x
2021-12-31 $-2.52 $4.38 x
2022-12-31 $-0.76 $4.38 x
2023-12-31 $0.31 $4.38 x
2024-12-31 $0.53 $4.38 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gogo Inc 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): 19.83%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.09%
  • • Asset Turnover: 0.36x
  • • Equity Multiplier: 17.73x
  • Recent ROE (19.83%) is above the historical average (6.98%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 0.00% -386.15% 0.13x 0.00x $-123.08 Million
2010 0.00% -119.78% 0.40x 0.00x $-80.34 Million
2011 0.00% 14.74% 0.56x 0.00x $58.98 Million
2012 -19.40% -14.01% 0.54x 2.56x $-49.57 Million
2013 -41.19% -33.92% 0.48x 2.55x $-138.31 Million
2014 -42.75% -20.70% 0.53x 3.88x $-104.31 Million
2015 -162.57% -21.48% 0.50x 15.17x $-114.23 Million
2016 0.00% -20.87% 0.48x 0.00x $-120.47 Million
2017 0.00% -24.60% 0.50x 0.00x $-152.84 Million
2018 0.00% -18.13% 0.71x 0.00x $-135.15 Million
2019 0.00% -47.25% 0.25x 0.00x $-106.11 Million
2020 0.00% -92.70% 0.40x 0.00x $-185.92 Million
2021 0.00% 45.50% 0.52x 0.00x $184.75 Million
2022 0.00% 22.78% 0.53x 0.00x $102.25 Million
2023 357.71% 36.64% 0.51x 19.19x $141.61 Million
2024 19.83% 3.09% 0.36x 17.73x $6.81 Million

Industry Comparison

This section compares Gogo Inc's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

  • Industry: Telecom Services
  • Average net assets among peers: $44,462,353,944
  • Average return on equity (ROE) among peers: -3489.80%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Gogo Inc (GOGO) $106.96 Million 0.00% 11.11x $455.40 Million
Airtel Africa Plc (AARTY) $2.77 Billion 7.93% 3.33x $6.92 Billion
Airborne Wireless Network (ABWN) $106.58K -34635.01% 3.96x $437.69K
Access-Power & Co. Inc (ACCR) $753.00 -0.13% 3.17x $572.84K
Array Digital Infrastructure, Inc. (AD) $3.69 Billion 0.33% 0.85x $745.85 Million
Alvarion Ltd (ALVRQ) $122.09 Million -80.66% 0.76x $0.97
América Móvil, S.A.B. de C.V. (AMXOF) $437.83 Billion 17.39% 2.70x $12.75 Billion
Alpha One Inc (AOAO) $27.96 Million -1.08% 0.50x $11.15 Million
American Nortel Communications Inc (ARTM) $333.42K -8.16% 0.37x $213.62
Vapor Hub International Inc. (ASHI) $15.12K -175.34% 0.19x $5.26K
Anterix Inc (ATEX) $180.76 Million -23.23% 0.09x $481.87 Million