El Al Israel Airlines Ltd (ELAL) - Net Assets
Based on the latest financial reports, El Al Israel Airlines Ltd (ELAL) has net assets worth ILA997.00 Million ILA (≈ $2.67 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 (ILA4.81 Billion ≈ $12.90 Million USD) and total liabilities (ILA3.81 Billion ≈ $10.22 Million USD). 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 ELAL PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA997.00 Million |
| % of Total Assets | 20.73% |
| Annual Growth Rate | 3.57% |
| 5-Year Change | N/A |
| 10-Year Change | 166.5% |
| Growth Volatility | 75.9 |
El Al Israel Airlines Ltd - Net Assets Trend (2005–2024)
This chart illustrates how El Al Israel Airlines Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of El Al Israel Airlines Ltd.
Annual Net Assets for El Al Israel Airlines Ltd (2005–2024)
The table below shows the annual net assets of El Al Israel Airlines Ltd from 2005 to 2024. Also explore ELAL net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA527.50 Million ≈ $1.41 Million |
+352.15% |
| 2023-12-31 | ILA-209.20 Million ≈ $-560.86K |
+39.69% |
| 2022-12-31 | ILA-346.89 Million ≈ $-929.99K |
+36.79% |
| 2021-12-31 | ILA-548.78 Million ≈ $-1.47 Million |
-114.29% |
| 2020-12-31 | ILA-256.10 Million ≈ $-686.59K |
-251.85% |
| 2019-12-31 | ILA168.65 Million ≈ $452.15K |
-26.49% |
| 2018-12-31 | ILA229.44 Million ≈ $615.12K |
-17.52% |
| 2017-12-31 | ILA278.19 Million ≈ $745.82K |
-2.06% |
| 2016-12-31 | ILA284.05 Million ≈ $761.53K |
+43.51% |
| 2015-12-31 | ILA197.94 Million ≈ $530.66K |
+77.62% |
| 2014-12-31 | ILA111.44 Million ≈ $298.75K |
-38.05% |
| 2013-12-31 | ILA179.88 Million ≈ $482.24K |
+18.79% |
| 2012-12-31 | ILA151.43 Million ≈ $405.97K |
-6.40% |
| 2011-12-31 | ILA161.78 Million ≈ $433.72K |
-34.64% |
| 2010-12-31 | ILA247.52 Million ≈ $663.60K |
+99.97% |
| 2009-12-31 | ILA123.78 Million ≈ $331.85K |
-23.28% |
| 2008-12-31 | ILA161.35 Million ≈ $432.57K |
-44.84% |
| 2007-12-31 | ILA292.50 Million ≈ $784.19K |
+27.01% |
| 2006-12-31 | ILA230.30 Million ≈ $617.42K |
-15.02% |
| 2005-12-31 | ILA271.01 Million ≈ $726.57K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to El Al Israel Airlines 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 42880000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ILA974.70 Million | 178.55% |
| Total Equity | ILA545.90 Million | 100.00% |
El Al Israel Airlines Ltd Competitors by Market Cap
The table below lists competitors of El Al Israel Airlines Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NBTM New Materials Group Co Ltd
SHG:600114
|
$2.47 Billion |
|
Kayne Anderson MLP Investment Closed Fund
NYSE:KYN
|
$2.47 Billion |
|
C Sun Manufacturing Ltd
TW:2467
|
$2.47 Billion |
|
Ningbo Ronbay New Energy Tech Ltd
SHG:688005
|
$2.47 Billion |
|
American Eagle Outfitters Inc
NYSE:AEO
|
$2.47 Billion |
|
GQG PARTNERS CDI/1/1
F:6P1
|
$2.47 Billion |
|
Beijing Venustech Inc
SHE:002439
|
$2.47 Billion |
|
Shanghai AtHub Co Ltd
SHG:603881
|
$2.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in El Al Israel Airlines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -187,300,000 to 545,900,000, a change of 733,200,000.
- Net income of 541,400,000 contributed positively to equity growth.
- New share issuances of 193,400,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA541.40 Million | +99.18% |
| Share Issuances | ILA193.40 Million | +35.43% |
| Other Changes | ILA-1.60 Million | -0.29% |
| Total Change | ILA- | % |
Book Value vs Market Value Analysis
This analysis compares El Al Israel Airlines 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
- Current price-to-book ratio: 1364.92x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 2970.92x to 1364.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ILA0.56 | ILA1666.00 | x |
| 2018-12-31 | ILA0.46 | ILA1666.00 | x |
| 2019-12-31 | ILA0.34 | ILA1666.00 | x |
| 2020-12-31 | ILA-0.21 | ILA1666.00 | x |
| 2021-12-31 | ILA-3.26 | ILA1666.00 | x |
| 2022-12-31 | ILA-1.87 | ILA1666.00 | x |
| 2023-12-31 | ILA-0.74 | ILA1666.00 | x |
| 2024-12-31 | ILA1.22 | ILA1666.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently El Al Israel Airlines 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): 99.18%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.78%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 8.02x
- Recent ROE (99.18%) is above the historical average (11.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 23.66% | 3.96% | 1.00x | 5.99x | ILA37.03 Million |
| 2007 | 10.85% | 1.64% | 1.08x | 6.14x | ILA2.48 Million |
| 2010 | 23.05% | 2.89% | 1.15x | 6.95x | ILA32.30 Million |
| 2013 | 14.14% | 1.21% | 1.34x | 8.71x | ILA7.45 Million |
| 2014 | -25.18% | -1.35% | 1.32x | 14.19x | ILA-39.20 Million |
| 2015 | 53.82% | 5.19% | 1.23x | 8.41x | ILA86.74 Million |
| 2016 | 28.41% | 3.96% | 1.19x | 6.04x | ILA52.29 Million |
| 2017 | 2.04% | 0.27% | 1.13x | 6.66x | ILA-22.13 Million |
| 2018 | -22.82% | -2.44% | 1.02x | 9.23x | ILA-75.03 Million |
| 2019 | -35.53% | -2.74% | 0.62x | 20.84x | ILA-76.37 Million |
| 2020 | 0.00% | -85.23% | 0.21x | 0.00x | ILA-505.35 Million |
| 2021 | 0.00% | -48.19% | 0.30x | 0.00x | ILA-358.10 Million |
| 2022 | 0.00% | 5.51% | 0.62x | 0.00x | ILA141.51 Million |
| 2023 | 0.00% | 4.50% | 0.75x | 0.00x | ILA131.33 Million |
| 2024 | 99.18% | 15.78% | 0.78x | 8.02x | ILA486.81 Million |
Industry Comparison
This section compares El Al Israel Airlines Ltd's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $122,521,000
- Average return on equity (ROE) among peers: -3.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| El Al Israel Airlines Ltd (ELAL) | ILA997.00 Million | 23.66% | 3.82x | $2.47 Billion |
| Knafaim (KNFM) | $122.52 Million | -3.07% | 14.66x | $79.73 Million |
About El Al Israel Airlines Ltd
El Al Israel Airlines Ltd., together with its subsidiaries, provides passenger and cargo transportation services. It operates flights on passenger and cargo in countries in Europe, the United States, Asia, and Africa. The company offers aircraft maintenance services; sells duty-free products; produces and supplies food to airlines; security services to aviation; and operates a loyalty program. It… Read more