Asia Aviation Public Company Limited (AAV) - Total Assets

Latest as of September 2025: ฿79.15 Billion THB ≈ $2.47 Billion USD

Based on the latest financial reports, Asia Aviation Public Company Limited (AAV) holds total assets worth ฿79.15 Billion THB (≈ $2.47 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Asia Aviation Public Company Limited cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Asia Aviation Public Company Limited - Total Assets Trend (2009–2024)

This chart illustrates how Asia Aviation Public Company Limited's total assets have evolved over time, based on quarterly financial data. See Asia Aviation Public Company Limited net assets for net asset value and shareholders' equity analysis.

Asia Aviation Public Company Limited - Asset Composition Analysis

Current Asset Composition (December 2024)

Asia Aviation Public Company Limited's total assets of ฿79.15 Billion consist of 20.6% current assets and 79.4% non-current assets.

Asset Category Amount (THB) % of Total Assets
Cash & Equivalents ฿0.00 2.8%
Accounts Receivable ฿11.62 Billion 15.4%
Inventory ฿590.78 Million 0.8%
Property, Plant & Equipment ฿0.00 0.0%
Intangible Assets ฿14.86 Billion 19.7%
Goodwill ฿8.82 Billion 11.7%

Asset Composition Trend (2009–2024)

This chart illustrates how Asia Aviation Public Company Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Asia Aviation Public Company Limited (AAV) total market value.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Asia Aviation Public Company Limited's current assets represent 20.6% of total assets in 2024, a decrease from 51.7% in 2009.
  • Cash Position: Cash and equivalents constituted 2.8% of total assets in 2024, down from 25.2% in 2009.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 30.0% of total assets, an increase from 0.0% in 2009.
  • Asset Diversification: The largest asset category is intangible assets at 19.7% of total assets.

Asia Aviation Public Company Limited Competitors by Total Assets

Key competitors of Asia Aviation Public Company Limited based on total assets are shown below.

Company Country Total Assets
Juneyao Airlines
SHG:603885
China CN¥51.09 Billion
EASYJET PLC SP.ADR NEW/4
F:EJTS
Germany €11.51 Billion
Wizz Air Holdings Plc
F:WI2
Germany €10.15 Billion
Grupo Aeroméxico S.A.B. de C.V
MX:AEROMEX
Mexico MX$6.93 Billion
China Express Airlines Co Ltd Class A
SHE:002928
China CN¥24.16 Billion
Norse Atlantic ASA
OL:NORSE
Norway Nkr887.20 Million
Qantas Airways Ltd
AU:QAN
Australia AU$23.89 Billion
Virgin Australia Holdings Ltd
AU:VGN
Australia AU$4.87 Billion

Asia Aviation Public Company Limited - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.60 0.47 0.15
Quick Ratio 0.58 0.45 0.14
Cash Ratio 0.00 0.00 0.00
Working Capital ฿-11.84 Billion ฿-15.63 Billion ฿-15.06 Billion

Asia Aviation Public Company Limited - Advanced Valuation Insights

This section examines the relationship between Asia Aviation Public Company Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.37
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 11.2%
Total Assets ฿75.37 Billion
Market Capitalization $424.56 Million USD

Valuation Analysis

Below Book Valuation: The market values Asia Aviation Public Company Limited's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Asia Aviation Public Company Limited's assets grew by 11.2% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Asia Aviation Public Company Limited (2009–2024)

The table below shows the annual total assets of Asia Aviation Public Company Limited from 2009 to 2024.

Year Total Assets Change
2024-12-31 ฿75.37 Billion
≈ $2.35 Billion
+11.18%
2023-12-31 ฿67.79 Billion
≈ $2.11 Billion
+4.81%
2022-12-31 ฿64.69 Billion
≈ $2.02 Billion
-9.16%
2021-12-31 ฿71.21 Billion
≈ $2.22 Billion
+4.75%
2020-12-31 ฿67.98 Billion
≈ $2.12 Billion
+8.07%
2019-12-31 ฿62.90 Billion
≈ $1.96 Billion
+1.87%
2018-12-31 ฿61.75 Billion
≈ $1.92 Billion
-1.64%
2017-12-31 ฿62.77 Billion
≈ $1.96 Billion
+10.91%
2016-12-31 ฿56.60 Billion
≈ $1.76 Billion
+7.14%
2015-12-31 ฿52.83 Billion
≈ $1.65 Billion
+6.72%
2014-12-31 ฿49.50 Billion
≈ $1.54 Billion
+10.16%
2013-12-31 ฿44.94 Billion
≈ $1.40 Billion
+36.07%
2012-12-31 ฿33.02 Billion
≈ $1.03 Billion
+1385.22%
2011-12-31 ฿2.22 Billion
≈ $69.31 Million
-18.43%
2010-12-31 ฿2.73 Billion
≈ $84.96 Million
+105.52%
2009-12-31 ฿1.33 Billion
≈ $41.34 Million
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About Asia Aviation Public Company Limited

BK:AAV Thailand Airlines
Market Cap
$424.56 Million
฿13.62 Billion THB
Market Cap Rank
#13066 Global
#145 in Thailand
Share Price
฿1.06
Change (1 day)
+0.95%
52-Week Range
฿1.05 - ฿1.40
All Time High
฿6.50
About

Asia Aviation Public Company Limited provides airline services in Thailand. It operates through two segments, Scheduled Flight Operations and Chartered Flight Operations. The Scheduled Flight Operations segment offers passenger air transportation services to routine destinations for scheduled flights. This segment also sells tickets through its distribution channels, including website, sale count… Read more