SAS AB (publ)
SAS AB (publ), together with its subsidiaries, provides passenger flight transportation services in the Nordic and international route network. The company also offers air cargo services, in-flight sales, ground handling, and technical maintenance services, as well as travel-related loyalty programs. The company was founded in 1946 and is headquartered in Stockholm, Sweden.
SAS AB (publ) (SASBQ) - Net Assets
Latest net assets as of April 2024: $-11.45 Billion USD
Based on the latest financial reports, SAS AB (publ) (SASBQ) has net assets worth $-11.45 Billion USD as of April 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($58.85 Billion) and total liabilities ($70.31 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 | $-11.45 Billion |
| % of Total Assets | -19.46% |
| Annual Growth Rate | N/A |
| 5-Year Change | -213.74% |
| 10-Year Change | -224.52% |
| Growth Volatility | 199.67 |
SAS AB (publ) - Net Assets Trend (2002–2023)
This chart illustrates how SAS AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SAS AB (publ) (2002–2023)
The table below shows the annual net assets of SAS AB (publ) from 2002 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-10-31 | $-6.11 Billion | -901.84% |
| 2022-10-31 | $762.00 Million | -88.12% |
| 2021-10-31 | $6.42 Billion | -38.84% |
| 2020-10-31 | $10.49 Billion | +95.27% |
| 2019-10-31 | $5.37 Billion | -26.09% |
| 2018-10-31 | $7.27 Billion | -9.80% |
| 2017-10-31 | $8.06 Billion | +33.72% |
| 2016-10-31 | $6.03 Billion | -4.94% |
| 2015-10-31 | $6.34 Billion | +29.18% |
| 2014-10-31 | $4.91 Billion | -55.80% |
| 2013-10-31 | $11.10 Billion | -10.70% |
| 2011-10-31 | $12.43 Billion | -13.89% |
| 2010-10-31 | $14.44 Billion | +26.77% |
| 2009-10-31 | $11.39 Billion | +31.18% |
| 2008-10-31 | $8.68 Billion | -49.37% |
| 2007-10-31 | $17.15 Billion | +4.64% |
| 2006-10-31 | $16.39 Billion | +35.65% |
| 2005-10-31 | $12.08 Billion | +9.39% |
| 2004-10-31 | $11.04 Billion | -16.62% |
| 2003-10-31 | $13.25 Billion | -13.73% |
| 2002-10-31 | $15.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SAS AB (publ)'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 2523800000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.65 Billion | % |
| Other Comprehensive Income | $-36.00 Million | % |
| Other Components | $10.51 Billion | % |
| Total Equity | $-6.11 Billion | 100.00% |
SAS AB (publ) Competitors by Market Cap
The table below lists competitors of SAS AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HPE-P-C
PINK:HPE-P-C
|
$395.19K |
|
BEKAERT - Dusseldorf Stock Exchang
DU:BK8N
|
$395.27K |
|
Multifiling Mitra Indonesia
JK:MFMI
|
$395.30K |
|
Marine Bancorp of Florida Inc
PINK:MBOF
|
$395.40K |
|
IBIDEN
MU:IBI
|
$395.04K |
|
BEKAERT (BK8N.SG)
STU:BK8N
|
$394.86K |
|
BCO LATINOAM -E (D8Q.SG)
STU:D8Q
|
$393.51K |
|
Insplorion AB
ST:INSP
|
$392.94K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SAS AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 762,000,000 to -6,110,000,000, a change of -6,872,000,000 (-901.8%).
- Net loss of 5,701,000,000 reduced equity.
- Other comprehensive income increased equity by 188,000,000.
- Other factors decreased equity by 1,359,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.70 Billion | -93.31% |
| Other Comprehensive Income | $188.00 Million | +3.08% |
| Other Changes | $-1.36 Billion | -22.24% |
| Total Change | $- | -901.84% |
Book Value vs Market Value Analysis
This analysis compares SAS AB (publ)'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 |
|---|---|---|---|
| 2002-10-31 | $103.37 | $0.00 | x |
| 2003-10-31 | $88.98 | $0.00 | x |
| 2004-10-31 | $74.77 | $0.00 | x |
| 2005-10-31 | $77.94 | $0.00 | x |
| 2006-10-31 | $110.88 | $0.00 | x |
| 2007-10-31 | $116.05 | $0.00 | x |
| 2008-10-31 | $58.85 | $0.00 | x |
| 2009-10-31 | $38.07 | $0.00 | x |
| 2010-10-31 | $27.46 | $0.00 | x |
| 2011-10-31 | $20.45 | $0.00 | x |
| 2013-10-31 | $18.24 | $0.00 | x |
| 2014-10-31 | $8.03 | $0.00 | x |
| 2015-10-31 | $8.67 | $0.00 | x |
| 2016-10-31 | $8.24 | $0.00 | x |
| 2017-10-31 | $11.02 | $0.00 | x |
| 2018-10-31 | $1817000000.00 | $0.00 | x |
| 2019-10-31 | $3.54 | $0.00 | x |
| 2020-10-31 | $23.89 | $0.00 | x |
| 2021-10-31 | $0.88 | $0.00 | x |
| 2022-10-31 | $0.10 | $0.00 | x |
| 2023-10-31 | $-0.84 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SAS AB (publ) 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: -13.56%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-53.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -0.87% | -0.20% | 0.97x | 4.40x | $-1.65 Billion |
| 2003 | -10.77% | -2.45% | 0.94x | 4.67x | $-2.73 Billion |
| 2004 | -15.95% | -3.03% | 1.01x | 5.24x | $-2.86 Billion |
| 2005 | 1.51% | 0.31% | 0.96x | 5.04x | $-976.40 Million |
| 2006 | 28.24% | 9.22% | 0.98x | 3.13x | $2.99 Billion |
| 2007 | 3.72% | 1.22% | 1.07x | 2.85x | $-1.08 Billion |
| 2008 | -72.81% | -11.88% | 1.23x | 4.99x | $-7.19 Billion |
| 2009 | 25.88% | 6.56% | 1.06x | 3.73x | $1.81 Billion |
| 2010 | -15.36% | -5.45% | 0.97x | 2.90x | $-3.66 Billion |
| 2011 | -13.57% | -4.07% | 1.06x | 3.15x | $-2.93 Billion |
| 2013 | 1.61% | 0.42% | 1.18x | 3.21x | $-929.70 Million |
| 2014 | -15.08% | -1.94% | 1.30x | 6.01x | $-1.22 Billion |
| 2015 | 15.08% | 2.41% | 1.31x | 4.77x | $322.10 Million |
| 2016 | 21.92% | 3.35% | 1.24x | 5.27x | $718.40 Million |
| 2017 | 14.26% | 2.69% | 1.31x | 4.04x | $343.20 Million |
| 2018 | 21.86% | 3.55% | 1.31x | 4.71x | $862.20 Million |
| 2019 | 11.56% | 1.33% | 1.37x | 6.33x | $83.80 Million |
| 2020 | -88.42% | -45.22% | 0.36x | 5.48x | $-10.32 Billion |
| 2021 | -101.67% | -46.73% | 0.26x | 8.22x | $-7.16 Billion |
| 2022 | -924.93% | -22.15% | 0.50x | 82.88x | $-7.12 Billion |
| 2023 | 0.00% | -13.56% | 0.75x | 0.00x | $-5.09 Billion |
Industry Comparison
This section compares SAS AB (publ)'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 |
|---|---|---|---|---|
| SAS AB (publ) (SASBQ) | $-11.45 Billion | -0.87% | N/A | $395.16K |
| 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 |