Despegar.com Corp
Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products to leisure and corporate travelers through its websites and mobile applications in Latin America and the United States. It operates through three segments: Air; Packages, Hotels, and Other Travel Products; and Financial Services. The company sells airline tickets, travel packages, hotel rooms, ca… Read more
Despegar.com Corp (DESP) - Net Assets
Latest net assets as of March 2025: $-94.41 Million USD
Based on the latest financial reports, Despegar.com Corp (DESP) has net assets worth $-94.41 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($904.79 Million) and total liabilities ($999.20 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-94.41 Million |
| % of Total Assets | -10.43% |
| Annual Growth Rate | N/A |
| 5-Year Change | -201.67% |
| 10-Year Change | N/A |
| Growth Volatility | 100.61 |
Despegar.com Corp - Net Assets Trend (2015–2024)
This chart illustrates how Despegar.com Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Despegar.com Corp (2015–2024)
The table below shows the annual net assets of Despegar.com Corp from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-94.41 Million | -269.63% |
| 2023-12-31 | $55.65 Million | +143.77% |
| 2022-12-31 | $-127.15 Million | -373.05% |
| 2021-12-31 | $-26.88 Million | -128.95% |
| 2020-12-31 | $92.85 Million | -52.20% |
| 2019-12-31 | $194.24 Million | -21.54% |
| 2018-12-31 | $247.57 Million | +13.59% |
| 2017-12-31 | $217.96 Million | +364.95% |
| 2016-12-31 | $-82.26 Million | +1.05% |
| 2015-12-31 | $-83.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Despegar.com Corp'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 16314800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $302.27 Million | % |
| Other Comprehensive Income | $-34.15 Million | % |
| Other Components | $228.40 Million | % |
| Total Equity | $-94.41 Million | 100.00% |
Despegar.com Corp Competitors by Market Cap
The table below lists competitors of Despegar.com Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nuode Investment Co Ltd
SHG:600110
|
$1.36 Billion |
|
Dime Community Bancshares Inc
NASDAQ:DCOM
|
$1.36 Billion |
|
Guangdong Kingshine Electronic Tech
SHE:300903
|
$1.36 Billion |
|
GCI Liberty, Inc.
NASDAQ:GLIBK
|
$1.36 Billion |
|
Apollo Commercial Real Estate Finance Inc
NYSE:ARI
|
$1.36 Billion |
|
Viva Energy Group Ltd
AU:VEA
|
$1.36 Billion |
|
Qfin Holdings, Inc.
F:CKR0
|
$1.36 Billion |
|
Zhejiang Narada Power Source
SHE:300068
|
$1.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Despegar.com Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,954,000 to -94,408,000, a change of -103,362,000 (-1154.4%).
- Net income of 27,905,000 contributed positively to equity growth.
- Dividend payments of 23,437,000 reduced retained earnings.
- Other comprehensive income decreased equity by 21,764,000.
- Other factors decreased equity by 86,066,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $27.91 Million | +29.56% |
| Dividends Paid | $23.44 Million | -24.83% |
| Other Comprehensive Income | $-21.76 Million | -23.05% |
| Other Changes | $-86.07 Million | -91.16% |
| Total Change | $- | -1154.37% |
Book Value vs Market Value Analysis
This analysis compares Despegar.com Corp'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 |
|---|---|---|---|
| 2015-12-31 | $-1.24 | $19.50 | x |
| 2016-12-31 | $-1.22 | $19.50 | x |
| 2017-12-31 | $3.54 | $19.50 | x |
| 2018-12-31 | $3.47 | $19.50 | x |
| 2019-12-31 | $2.80 | $19.50 | x |
| 2020-12-31 | $1.27 | $19.50 | x |
| 2021-12-31 | $-0.36 | $19.50 | x |
| 2022-12-31 | $-1.66 | $19.50 | x |
| 2023-12-31 | $0.12 | $19.50 | x |
| 2024-12-31 | $-1.13 | $19.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Despegar.com Corp 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: 3.61%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (13.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -20.22% | 1.21x | 0.00x | $-76.96 Million |
| 2016 | 0.00% | 4.33% | 1.16x | 0.00x | $26.02 Million |
| 2017 | 19.44% | 8.09% | 0.71x | 3.39x | $20.57 Million |
| 2018 | 7.74% | 3.61% | 0.70x | 3.07x | $-5.60 Million |
| 2019 | -10.77% | -3.98% | 0.68x | 3.95x | $-40.33 Million |
| 2020 | -151.47% | -107.09% | 0.16x | 9.10x | $-149.93 Million |
| 2021 | 0.00% | -32.09% | 0.39x | 0.00x | $-100.66 Million |
| 2022 | 0.00% | -12.74% | 0.67x | 0.00x | $-55.81 Million |
| 2023 | 273.51% | 3.47% | 0.79x | 100.33x | $23.59 Million |
| 2024 | 0.00% | 3.61% | 0.86x | 0.00x | $37.35 Million |
Industry Comparison
This section compares Despegar.com Corp's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $1,686,321,293
- Average return on equity (ROE) among peers: -16.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Despegar.com Corp (DESP) | $-94.41 Million | 0.00% | N/A | $1.36 Billion |
| Airbnb Inc (ABNB) | $-517.31 Million | 0.00% | 0.00x | $53.81 Billion |
| Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares (AHMA) | $4.00 Million | 32.27% | 1.02x | $9.98 Million |
| Booking Holdings Inc (BKNG) | $402.60 Million | -262.07% | 0.10x | $140.30 Billion |
| Carnival Corporation (CCL) | $13.79 Billion | 8.61% | 0.78x | $32.20 Billion |
| Consolidated Capital of North America Inc (CDNO) | $93.27K | 0.00% | 0.02x | $8.78 |
| Carnival Plc ADS (CUK) | $207.80 Million | 47.02% | 1.54x | $32.14 Billion |
| Carnival Corporation & plc (CUKPF) | $893.20 Million | 21.67% | 1.49x | $18.29 Billion |
| Jet2 plc (DRTGF) | $157.20 Million | 20.87% | 5.37x | $2.31 Billion |
| eDreams ODIGEO S.A (EDDRF) | $236.30 Million | -18.34% | 3.54x | $429.02 Million |