AirTrip Corp
AirTrip Corp. engages in the online travel agency business in Japan. The company operates AirTrip, a website that allows users to compare and book domestic and international travel content, and offers domestic and international airline tickets and hotel products to other media outlets as travel content. It also offers inbound travel agency services and Wi-Fi router rental services for tourists vi… Read more
AirTrip Corp (EOVBF) - Net Assets
Latest net assets as of September 2025: $16.51 Billion USD
Based on the latest financial reports, AirTrip Corp (EOVBF) has net assets worth $16.51 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.15 Billion) and total liabilities ($15.64 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 | $16.51 Billion |
| % of Total Assets | 51.35% |
| Annual Growth Rate | 45.16% |
| 5-Year Change | 102.91% |
| 10-Year Change | 596.18% |
| Growth Volatility | 152.72 |
AirTrip Corp - Net Assets Trend (2015–2025)
This chart illustrates how AirTrip 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 AirTrip Corp (2015–2025)
The table below shows the annual net assets of AirTrip Corp from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $16.51 Billion | +12.07% |
| 2024-09-30 | $14.73 Billion | +10.87% |
| 2023-09-30 | $13.29 Billion | +34.10% |
| 2022-09-30 | $9.91 Billion | +21.78% |
| 2021-09-30 | $8.14 Billion | +220.57% |
| 2020-09-30 | $2.54 Billion | -74.87% |
| 2019-09-30 | $10.10 Billion | +81.80% |
| 2018-09-30 | $5.56 Billion | +72.20% |
| 2017-09-30 | $3.23 Billion | +36.06% |
| 2016-09-30 | $2.37 Billion | +496.97% |
| 2015-09-30 | $397.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AirTrip 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 grown by 9213.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.74 Billion | 63.85% |
| Other Components | $5.51 Billion | 36.15% |
| Total Equity | $15.25 Billion | 100.00% |
AirTrip Corp Competitors by Market Cap
The table below lists competitors of AirTrip Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Esso Societe Anonyme Francaise SA
LSE:0N9V
|
$151.24 Million |
|
TEN SQUARE GAMES ZY-10
F:1HQ
|
$151.28 Million |
|
Caisse Regionale de Credit Agricole Mutuel de Normandie Seine SC
PA:CCN
|
$151.32 Million |
|
Tekfen Holding AS
IS:TKFEN
|
$151.33 Million |
|
VAN DE VELDE (NACH AUFT.)
F:VO4
|
$151.23 Million |
|
First Capital Inc
NASDAQ:FCAP
|
$151.22 Million |
|
TaTaTu SpA
PA:ALTTU
|
$151.21 Million |
|
Stratus Properties Inc
NASDAQ:STRS
|
$151.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AirTrip Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,728,000,000 to 15,250,000,000, a change of 1,522,000,000 (11.1%).
- Net income of 1,779,000,000 contributed positively to equity growth.
- Other factors decreased equity by 257,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.78 Billion | +11.67% |
| Other Changes | $-257.00 Million | -1.69% |
| Total Change | $- | 11.09% |
Book Value vs Market Value Analysis
This analysis compares AirTrip 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
- Current price-to-book ratio: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.61x to 0.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-09-30 | $21.21 | $13.00 | x |
| 2016-09-30 | $141.27 | $13.00 | x |
| 2017-09-30 | $159.67 | $13.00 | x |
| 2018-09-30 | $286.46 | $13.00 | x |
| 2019-09-30 | $503.18 | $13.00 | x |
| 2020-09-30 | $98.96 | $13.00 | x |
| 2021-09-30 | $344.91 | $13.00 | x |
| 2022-09-30 | $407.03 | $13.00 | x |
| 2023-09-30 | $546.31 | $13.00 | x |
| 2024-09-30 | $611.18 | $13.00 | x |
| 2025-09-30 | $679.56 | $13.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AirTrip 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): 11.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.33%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.11x
- Recent ROE (11.67%) is above the historical average (-22.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 50.50% | 6.26% | 1.33x | 6.04x | $138.33 Million |
| 2016 | 14.95% | 8.51% | 0.83x | 2.13x | $112.68 Million |
| 2017 | 14.89% | 7.59% | 0.74x | 2.65x | $138.00 Million |
| 2018 | 18.01% | 7.49% | 0.50x | 4.82x | $414.40 Million |
| 2019 | 7.52% | 3.01% | 0.78x | 3.21x | $-240.90 Million |
| 2020 | -438.33% | -40.92% | 0.97x | 11.06x | $-8.89 Billion |
| 2021 | 31.73% | 13.54% | 0.82x | 2.86x | $1.62 Billion |
| 2022 | 18.64% | 12.60% | 0.56x | 2.63x | $793.50 Million |
| 2023 | 10.32% | 5.45% | 0.76x | 2.48x | $40.00 Million |
| 2024 | 14.66% | 7.58% | 0.92x | 2.10x | $640.20 Million |
| 2025 | 11.67% | 6.33% | 0.87x | 2.11x | $254.00 Million |
Industry Comparison
This section compares AirTrip Corp'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 |
|---|---|---|---|---|
| AirTrip Corp (EOVBF) | $16.51 Billion | 50.50% | 0.95x | $151.24 Million |
| 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 |