Jet Airways (India) Limited
Jet Airways (India) Limited provides passenger and cargo air transportation services. It also provides aircraft leasing services. Jet Airways (India) Limited was incorporated in 1992 and is based in Mumbai, India.
Jet Airways (India) Limited (JETAIRWAYS) - Net Assets
Latest net assets as of March 2023: ₹-175.06 Billion INR
Based on the latest financial reports, Jet Airways (India) Limited (JETAIRWAYS) has net assets worth ₹-175.06 Billion INR as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹56.32 Billion) and total liabilities (₹231.39 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 | ₹-175.06 Billion |
| % of Total Assets | -310.84% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 316.0 |
Jet Airways (India) Limited - Net Assets Trend (2003–2023)
This chart illustrates how Jet Airways (India) Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jet Airways (India) Limited (2003–2023)
The table below shows the annual net assets of Jet Airways (India) Limited from 2003 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-03-31 | ₹-175.06 Billion | -6.07% |
| 2022-03-31 | ₹-165.04 Billion | -4.91% |
| 2021-03-31 | ₹-157.32 Billion | -0.98% |
| 2020-03-31 | ₹-155.80 Billion | -22.72% |
| 2019-03-31 | ₹-126.95 Billion | -77.83% |
| 2018-03-31 | ₹-71.39 Billion | -9.75% |
| 2017-03-31 | ₹-65.05 Billion | -24.70% |
| 2016-03-31 | ₹-52.17 Billion | +17.52% |
| 2015-03-31 | ₹-63.25 Billion | -51.50% |
| 2014-03-31 | ₹-41.75 Billion | -128.42% |
| 2013-03-31 | ₹-18.28 Billion | -18140.62% |
| 2012-03-31 | ₹-100.20 Million | -100.63% |
| 2011-03-31 | ₹15.96 Billion | -52.64% |
| 2010-03-31 | ₹33.71 Billion | -1.38% |
| 2009-03-31 | ₹34.18 Billion | -19.68% |
| 2008-03-31 | ₹42.56 Billion | +90.23% |
| 2007-03-31 | ₹22.37 Billion | -2.98% |
| 2006-03-31 | ₹23.06 Billion | -1.64% |
| 2005-03-31 | ₹23.44 Billion | +983.09% |
| 2004-03-31 | ₹2.16 Billion | +221.82% |
| 2003-03-31 | ₹672.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jet Airways (India) Limited'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹1.14 Billion | % |
| Other Comprehensive Income | ₹-176.20 Million | % |
| Total Equity | ₹-175.06 Billion | 100.00% |
Jet Airways (India) Limited Competitors by Market Cap
The table below lists competitors of Jet Airways (India) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bantas Bandirma Ambalaj Sanayi ve Ticaret AS
IS:BNTAS
|
$22.85 Million |
|
Gryphon Digital Mining Inc.
NASDAQ:GRYP
|
$22.85 Million |
|
BEAM GLOBAL INC.DL-001
F:16NA
|
$22.85 Million |
|
EG Corporation
KQ:037370
|
$22.86 Million |
|
Quick Heal Technologies Limited
NSE:QUICKHEAL
|
$22.85 Million |
|
Teuton Resources Corp
PINK:TEUTF
|
$22.84 Million |
|
Tracxn Technologies Limited
NSE:TRACXN
|
$22.84 Million |
|
Huahui Education Group Limited
OTCQB:HHEGF
|
$22.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jet Airways (India) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -165,044,400,000 to -175,065,000,000, a change of -10,020,600,000.
- Net loss of 10,020,600,000 reduced equity.
- Other comprehensive income decreased equity by 176,201,000.
- Other factors increased equity by 176,201,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-10.02 Billion | -5.72% |
| Other Comprehensive Income | ₹-176.20 Million | -0.1% |
| Other Changes | ₹176.20 Million | +0.1% |
| Total Change | ₹- | % |
Book Value vs Market Value Analysis
This analysis compares Jet Airways (India) Limited'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 |
|---|---|---|---|
| 2003-03-31 | ₹9.33 | ₹34.16 | x |
| 2004-03-31 | ₹25.07 | ₹34.16 | x |
| 2005-03-31 | ₹47.65 | ₹34.16 | x |
| 2006-03-31 | ₹162.36 | ₹34.16 | x |
| 2007-03-31 | ₹259.14 | ₹34.16 | x |
| 2008-03-31 | ₹492.97 | ₹34.16 | x |
| 2009-03-31 | ₹395.95 | ₹34.16 | x |
| 2010-03-31 | ₹390.47 | ₹34.16 | x |
| 2011-03-31 | ₹184.91 | ₹34.16 | x |
| 2012-03-31 | ₹-1.16 | ₹34.16 | x |
| 2013-03-31 | ₹-211.70 | ₹34.16 | x |
| 2014-03-31 | ₹-434.01 | ₹34.16 | x |
| 2015-03-31 | ₹-556.77 | ₹34.16 | x |
| 2016-03-31 | ₹-458.68 | ₹34.16 | x |
| 2017-03-31 | ₹-572.65 | ₹34.16 | x |
| 2018-03-31 | ₹-628.46 | ₹34.16 | x |
| 2019-03-31 | ₹-1117.58 | ₹34.16 | x |
| 2020-03-31 | ₹-1371.48 | ₹34.16 | x |
| 2021-03-31 | ₹-1384.46 | ₹34.16 | x |
| 2022-03-31 | ₹-1452.96 | ₹34.16 | x |
| 2023-03-31 | ₹-1541.07 | ₹34.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jet Airways (India) Limited 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: -2015.41%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-14.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -363.46% | -8.50% | 0.64x | 67.07x | ₹-2.51 Billion |
| 2004 | 75.36% | 4.73% | 0.84x | 18.98x | ₹1.41 Billion |
| 2005 | 16.72% | 8.87% | 0.70x | 2.68x | ₹1.58 Billion |
| 2006 | 19.60% | 7.43% | 0.69x | 3.84x | ₹2.21 Billion |
| 2007 | 1.25% | 0.38% | 0.69x | 4.79x | ₹-1.96 Billion |
| 2008 | -15.36% | -5.99% | 0.51x | 5.07x | ₹-10.79 Billion |
| 2009 | -28.12% | -7.15% | 0.55x | 7.15x | ₹-13.03 Billion |
| 2010 | -12.46% | -3.43% | 0.55x | 6.62x | ₹-7.57 Billion |
| 2011 | -5.38% | -0.59% | 0.71x | 12.78x | ₹-2.45 Billion |
| 2012 | 0.00% | -8.55% | 0.81x | 0.00x | ₹-14.19 Billion |
| 2013 | 0.00% | -4.16% | 1.02x | 0.00x | ₹-5.97 Billion |
| 2014 | 0.00% | -21.86% | 1.10x | 0.00x | ₹-37.12 Billion |
| 2015 | 0.00% | -10.04% | 1.22x | 0.00x | ₹-14.65 Billion |
| 2016 | 0.00% | 5.48% | 1.28x | 0.00x | ₹17.33 Billion |
| 2017 | 0.00% | 6.73% | 1.73x | 0.00x | ₹21.49 Billion |
| 2018 | 0.00% | -2.61% | 1.88x | 0.00x | ₹774.63 Million |
| 2019 | 0.00% | -24.01% | 2.07x | 0.00x | ₹-42.66 Billion |
| 2020 | 0.00% | -852.14% | 0.05x | 0.00x | ₹-12.83 Billion |
| 2021 | 0.00% | -393.48% | 0.01x | 0.00x | ₹14.21 Billion |
| 2022 | 0.00% | -566.25% | 0.02x | 0.00x | ₹8.78 Billion |
| 2023 | 0.00% | -2015.41% | 0.01x | 0.00x | ₹7.49 Billion |
Industry Comparison
This section compares Jet Airways (India) Limited's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $93,682,000,000
- Average return on equity (ROE) among peers: 77.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jet Airways (India) Limited (JETAIRWAYS) | ₹-175.06 Billion | -363.46% | N/A | $22.85 Million |
| InterGlobe Aviation Limited (INDIGO) | $93.68 Billion | 77.48% | 11.37x | $10.39 Billion |