Asia Aviation Public Company Limited (AAV-R) - Total Assets
Based on the latest financial reports, Asia Aviation Public Company Limited (AAV-R) holds total assets worth ฿78.60 Billion THB (≈ $2.45 Billion USD) as of June 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. See Asia Aviation Public Company Limited (AAV-R) shareholders funds for net asset value and shareholders' equity analysis.
Asia Aviation Public Company Limited - Total Assets Trend (2016–2024)
This chart illustrates how Asia Aviation Public Company Limited's total assets have evolved over time, based on quarterly financial data.
Asia Aviation Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Asia Aviation Public Company Limited's total assets of ฿78.60 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 | ฿211.24 Million | 0.3% |
| 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 (2016–2024)
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 AAV-R company net worth.
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, an increase from 15.5% in 2016.
- Cash Position: Cash and equivalents constituted 2.8% of total assets in 2024, down from 8.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 30.0% of total assets, a decrease from 41.0% in 2016.
- 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¥49.89 Billion |
|
Air China Limited
F:AD2
|
Germany | €343.05 Billion |
|
AIR CHINA LTD H ADR/20
F:AD2B
|
Germany | €343.05 Billion |
|
JetBlue Airways Corp
NASDAQ:JBLU
|
USA | $16.60 Billion |
|
Norwegian Air Shuttle ASA
OL:NAS
|
Norway | Nkr44.19 Billion |
|
Frontier Group Holdings Inc
NASDAQ:ULCC
|
USA | $7.22 Billion |
|
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 | 0.55 | 0.47 | 0.24 |
| Quick Ratio | 0.53 | 0.45 | 0.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿-13.37 Billion | ฿-15.07 Billion | ฿-13.73 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 | 2.08 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 11.2% |
| Total Assets | ฿75.37 Billion |
| Market Capitalization | $540.71 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 (2016–2024)
The table below shows the annual total assets of Asia Aviation Public Company Limited from 2016 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 |
-- |
About Asia Aviation Public Company Limited
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