Despegar.com Corp (DESP) - Net Assets
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. Check Despegar.com Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore Despegar.com Corp assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Despegar.com Corp stock valuation.
| 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 |
|---|---|
|
Xiamen King Long Motor Group Co Ltd
SHG:600686
|
$1.63 Billion |
|
Allied Blenders & Distillers Ltd
NSE:ABDL
|
$1.63 Billion |
|
Shandong Weigao Orthopaedic Device Co. Ltd. A
SHG:688161
|
$1.63 Billion |
|
Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd
SHE:002839
|
$1.63 Billion |
|
BORA PHARMACEUTICALS LTD
TW:6472
|
$1.63 Billion |
|
Zhejiang Jiecang Linear Motion Technology Co Ltd
SHG:603583
|
$1.63 Billion |
|
Hotel Shilla
KO:008770
|
$1.63 Billion |
|
Wilson Sons Holdings Brasil S.A.
SA:PORT3
|
$1.63 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: $5,029,206,707
- Average return on equity (ROE) among peers: 8.65%
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 | $1.63 Billion |
| Airbnb Inc (ABNB) | $8.20 Billion | 30.63% | 1.71x | $59.19 Billion |
| Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares (AHMA) | $4.00 Million | 32.27% | 1.02x | $12.06 Million |
| Booking Holdings Inc (BKNG) | $8.79 Billion | 45.51% | 1.58x | $132.74 Billion |
| Carnival Corporation (CCL) | $752.30 Million | 26.11% | 0.40x | $31.93 Billion |
| Carnival Plc ADS (CUK) | $20.55 Billion | -49.80% | 1.61x | $3.89 Billion |
| Expedia Group Inc. (EXPE) | $6.15 Billion | 6.14% | 2.01x | $29.09 Billion |
| Global Business Travel Group Inc (GBTG) | $1.06 Billion | -13.06% | 2.43x | $2.83 Billion |
| Inspirato Inc (ISPO) | $-154.70 Million | 0.00% | 0.00x | $54.21 Million |
| Lindblad Expeditions Holdings Inc (LIND) | $-85.65 Million | 0.00% | 0.00x | $1.11 Billion |
About 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