Viking Holdings Ltd
Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 96 ships, including 83 river vessels comprising 58 Lon… Read more
Viking Holdings Ltd (VIK) - Net Assets
Latest net assets as of September 2025: $803.54 Million USD
Based on the latest financial reports, Viking Holdings Ltd (VIK) has net assets worth $803.54 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 ($11.52 Billion) and total liabilities ($10.72 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 | $803.54 Million |
| % of Total Assets | 6.97% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Viking Holdings Ltd - Net Assets Trend (2021–2024)
This chart illustrates how Viking Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Viking Holdings Ltd (2021–2024)
The table below shows the annual net assets of Viking Holdings Ltd from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-218.98 Million | +95.91% |
| 2023-12-31 | $-5.35 Billion | -53.14% |
| 2022-12-31 | $-3.49 Billion | +10.07% |
| 2021-12-31 | $-3.88 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Viking Holdings Ltd'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 134197500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.48 Million | % |
| Other Comprehensive Income | $177.22 Million | % |
| Other Components | $4.88 Billion | % |
| Total Equity | $-222.73 Million | 100.00% |
Viking Holdings Ltd Competitors by Market Cap
The table below lists competitors of Viking Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Deckers Outdoor Corporation
NYSE:DECK
|
$14.69 Billion |
|
Home Depot Inc. CEDEAR
BA:HD
|
$14.71 Billion |
|
Hindalco Industries Limited
NSE:HINDALCO
|
$14.74 Billion |
|
Merck KGaA
XETRA:MRK
|
$14.74 Billion |
|
Hyundai Electric & Energy Systems Co Ltd
KO:267260
|
$14.68 Billion |
|
Clean Harbors Inc
NYSE:CLH
|
$14.65 Billion |
|
BZLEY
PINK:BZLEY
|
$14.64 Billion |
|
Terna Rete Elettrica Nazionale SpA
LSE:0LBM
|
$14.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Viking Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -5,353,603,000 to -222,729,000, a change of 5,130,874,000.
- Net income of 152,331,000 contributed positively to equity growth.
- Dividend payments of 18,949,000 reduced retained earnings.
- Share repurchases of 256,308,000 reduced equity.
- New share issuances of 243,927,000 increased equity.
- Other comprehensive income decreased equity by 14,956,000.
- Other factors increased equity by 5,024,829,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $152.33 Million | +68.39% |
| Dividends Paid | $18.95 Million | -8.51% |
| Share Repurchases | $256.31 Million | -115.08% |
| Share Issuances | $243.93 Million | +109.52% |
| Other Comprehensive Income | $-14.96 Million | -6.71% |
| Other Changes | $5.02 Billion | +2256.03% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Viking Holdings Ltd'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 |
|---|---|---|---|
| 2021-12-31 | $-9.01 | $72.79 | x |
| 2022-12-31 | $-8.10 | $72.79 | x |
| 2023-12-31 | $-12.41 | $72.79 | x |
| 2024-12-31 | $-0.52 | $72.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Viking Holdings Ltd 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: 2.86%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -337.86% | 0.08x | 0.00x | $-1.72 Billion |
| 2022 | 0.00% | 12.55% | 0.40x | 0.00x | $748.23 Million |
| 2023 | 0.00% | -39.29% | 0.55x | 0.00x | $-1.32 Billion |
| 2024 | 0.00% | 2.86% | 0.53x | 0.00x | $174.60 Million |
Industry Comparison
This section compares Viking Holdings Ltd's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $1,526,974,464
- Average return on equity (ROE) among peers: -30.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Viking Holdings Ltd (VIK) | $803.54 Million | 0.00% | 13.34x | $14.68 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 |
| Despegar.com Corp (DESP) | $92.85 Million | -151.47% | 8.10x | $1.36 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 |