Gogo Inc (GOGO) - Net Assets
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. Check Gogo Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Gogo Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Gogo Inc (2009–2024)
The table below shows the annual net assets of Gogo Inc from 2009 to 2024. For live valuation and market cap data, see how much is Gogo Inc worth.
| 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 |
|---|---|
|
ENF Technology Co. Ltd
KQ:102710
|
$558.19 Million |
|
Floridienne
BR:FLOB
|
$558.31 Million |
|
Changshu Ruite Electric Co Ltd
SHE:300600
|
$558.43 Million |
|
Anteris Technologies Global Corp
AU:AVR
|
$558.50 Million |
|
Kvika banki hf
IC:KVIKA
|
$558.16 Million |
|
Allied Supreme Corp
TW:4770
|
$558.11 Million |
|
Klöckner & Co SE
XETRA:KCO
|
$557.78 Million |
|
Zhengzhou Tiamaes Technology Co Ltd
SHE:300807
|
$557.75 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: 8.48x
- 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 | $4.47 | x |
| 2010-12-31 | $-3.89 | $4.47 | x |
| 2011-12-31 | $-4.16 | $4.47 | x |
| 2012-12-31 | $1.99 | $4.47 | x |
| 2013-12-31 | $3.19 | $4.47 | x |
| 2014-12-31 | $2.32 | $4.47 | x |
| 2015-12-31 | $0.83 | $4.47 | x |
| 2016-12-31 | $-0.51 | $4.47 | x |
| 2017-12-31 | $-2.41 | $4.47 | x |
| 2018-12-31 | $-3.36 | $4.47 | x |
| 2019-12-31 | $-4.94 | $4.47 | x |
| 2020-12-31 | $-7.79 | $4.47 | x |
| 2021-12-31 | $-2.52 | $4.47 | x |
| 2022-12-31 | $-0.76 | $4.47 | x |
| 2023-12-31 | $0.31 | $4.47 | x |
| 2024-12-31 | $0.53 | $4.47 | 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: $84,013,623,558
- Average return on equity (ROE) among peers: 6.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gogo Inc (GOGO) | $106.96 Million | 0.00% | 11.11x | $558.17 Million |
| Array Digital Infrastructure, Inc. (AD) | $2.57 Billion | 11.30% | 0.92x | $2.63 Billion |
| America Movil SAB de CV ADR (AMX) | $428.37 Billion | 18.13% | 3.21x | $71.77 Billion |
| Anterix Inc (ATEX) | $-4.21 Million | 0.00% | 0.00x | $703.61 Million |
| ATN International Inc (ATNI) | $808.72 Million | 1.55% | 0.48x | $365.41 Million |
| Altice USA Inc (ATUS) | $-5.03 Billion | 0.00% | 0.00x | $502.28 Million |
| Cable One Inc (CABO) | $1.74 Billion | 12.27% | 2.96x | $425.47 Million |
| Cogent Communications Group Inc (CCOI) | $-149.00 Million | 0.00% | 0.00x | $1.14 Billion |
| Chunghwa Telecom Co Ltd (CHT) | $373.04 Billion | 12.62% | 0.19x | $33.47 Billion |
| Charter Communications Inc (CHTR) | $38.81 Billion | 4.30% | 2.82x | $21.41 Billion |
| Comcast Corp (CMCSA) | $-21.70 Million | 0.00% | 0.00x | $97.57 Billion |
About Gogo Inc
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