Nok Airlines Public Company Limited
Nok Airlines Public Company Limited, together with its subsidiaries, offers air transport services for passengers, and parcels and parcel posts in Thailand. It also provides tourism and other related services. The company was formerly known as Nok Airlines Co., Ltd. and changed its name to Nok Airlines Public Company Limited in January 2013. Nok Airlines Public Company Limited was incorporated in… Read more
Nok Airlines Public Company Limited (NOKFF) - Net Assets
Latest net assets as of September 2024: $-10.57 Billion USD
Based on the latest financial reports, Nok Airlines Public Company Limited (NOKFF) has net assets worth $-10.57 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.21 Billion) and total liabilities ($23.77 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 | $-10.57 Billion |
| % of Total Assets | -80.02% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Nok Airlines Public Company Limited - Net Assets Trend (2018–2023)
This chart illustrates how Nok Airlines Public Company 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 Nok Airlines Public Company Limited (2018–2023)
The table below shows the annual net assets of Nok Airlines Public Company Limited from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-11.98 Billion | +0.40% |
| 2022-12-31 | $-12.03 Billion | -27.92% |
| 2021-12-31 | $-9.40 Billion | -17.49% |
| 2020-12-31 | $-8.00 Billion | -130.73% |
| 2019-12-31 | $-3.47 Billion | -14.40% |
| 2018-12-31 | $-3.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nok Airlines Public Company 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 1343006301000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $10.51 Billion | % |
| Total Equity | $-10.98 Billion | 100.00% |
Nok Airlines Public Company Limited Competitors by Market Cap
The table below lists competitors of Nok Airlines Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Getein Biotech Inc
SHG:603387
|
$322.79 Million |
|
Altek Corp
TW:3059
|
$322.79 Million |
|
Chief Telecom Inc
TWO:6561
|
$322.86 Million |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
$322.94 Million |
|
JOY CITY PPTY HD -10
F:HKP
|
$322.69 Million |
|
GDI INTEGR. FAC. SVCS
F:GQN2
|
$322.60 Million |
|
Kura Sushi USA Inc
NASDAQ:KRUS
|
$322.57 Million |
|
Fujian Forecam Optics Co Ltd
SHG:688010
|
$322.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nok Airlines Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -11,024,739,155 to -10,977,080,223, a change of 47,658,932.
- Net income of 47,658,932 contributed positively to equity growth.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $47.66 Million | +0.43% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Nok Airlines Public Company 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 |
|---|---|---|---|
| 2018-12-31 | $-0.65 | $0.10 | x |
| 2019-12-31 | $-0.35 | $0.10 | x |
| 2020-12-31 | $-1.88 | $0.10 | x |
| 2021-12-31 | $-2.25 | $0.10 | x |
| 2022-12-31 | $-2.96 | $0.10 | x |
| 2023-12-31 | $-2.94 | $0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nok Airlines Public Company 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: 0.57%
- • Asset Turnover: 0.70x
- • 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 |
|---|---|---|---|---|---|
| 2018 | 0.00% | -14.47% | 1.37x | 0.00x | $-2.64 Billion |
| 2019 | 0.00% | -10.46% | 1.29x | 0.00x | $-1.94 Billion |
| 2020 | 0.00% | -121.79% | 0.37x | 0.00x | $-7.29 Billion |
| 2021 | 0.00% | -65.12% | 0.18x | 0.00x | $-595.54 Million |
| 2022 | 0.00% | -37.31% | 0.57x | 0.00x | $-1.51 Billion |
| 2023 | 0.00% | 0.57% | 0.70x | 0.00x | $1.15 Billion |
Industry Comparison
This section compares Nok Airlines Public Company Limited's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $84,221,809,251
- Average return on equity (ROE) among peers: 148.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nok Airlines Public Company Limited (NOKFF) | $-10.57 Billion | 0.00% | N/A | $322.70 Million |
| American Airlines Group (AAL) | $-581.00 Million | 0.00% | 0.00x | $6.80 Billion |
| Air Canada (ACDVF) | $2.59 Billion | 24.86% | 11.05x | $2.83 Billion |
| Grupo Aeroméxico, S.A.B. de C.V. (AERO) | $-730.83 Million | 0.00% | 0.00x | $260.71 Million |
| Air France-KLM SA (AFRAF) | $-5.42 Billion | 0.00% | 0.00x | $1.02 Billion |
| Aegean Airlines S.A (AGZNF) | $277.88 Million | 24.44% | 1.61x | $461.90 Million |
| AirAsia Group Berhad (AIABF) | $935.30 Million | 1390.41% | 6.89x | $418.10 Million |
| Air China Limited (AICAF) | $49.50 Billion | 15.10% | 2.50x | $2.97 Billion |
| Allegiant Travel Company (ALGT) | $401.72 Million | 19.56% | 0.99x | $1.25 Billion |
| Alaska Air Group Inc (ALK) | $340.50 Million | 5.05% | 2.00x | $4.48 Billion |
| ANA Holdings Inc (ALNPF) | $794.90 Billion | 9.83% | 1.80x | $7.63 Billion |