Air Busan Co Ltd (298690) - Total Assets
Based on the latest financial reports, Air Busan Co Ltd (298690) holds total assets worth ₩1.45 Trillion KRW (≈ $984.28 Million USD) as of December 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. Check Air Busan Co Ltd (298690) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Air Busan Co Ltd - Total Assets Trend (2015–2025)
This chart illustrates how Air Busan Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore Air Busan Co Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.
Air Busan Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Air Busan Co Ltd's total assets of ₩1.45 Trillion consist of 13.0% current assets and 87.0% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 6.2% |
| Accounts Receivable | ₩25.14 Billion | 1.7% |
| Inventory | ₩8.63 Billion | 0.6% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩1.80 Billion | 0.1% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2015–2025)
This chart illustrates how Air Busan Co Ltd'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 market cap of Air Busan Co Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Air Busan Co Ltd's current assets represent 13.0% of total assets in 2025, a decrease from 59.7% in 2015.
- Cash Position: Cash and equivalents constituted 6.2% of total assets in 2025, down from 12.4% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 1.7% of total assets.
Air Busan Co Ltd Competitors by Total Assets
Key competitors of Air Busan Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Southern Airlines Co Ltd Class A
SHG:600029
|
China | CN¥356.51 Billion |
|
CATHAY PAC.AIRW.HD-20ADR5
F:CTYA
|
Germany | €177.05 Billion |
|
Air China Limited
F:AD2
|
Germany | €343.05 Billion |
|
Norwegian Air Shuttle ASA
OL:NAS
|
Norway | Nkr44.19 Billion |
|
Tigerair Taiwan Co. Ltd.
TW:6757
|
Taiwan | NT$27.91 Billion |
|
Qantas Airways Ltd
AU:QAN
|
Australia | AU$23.89 Billion |
|
Virgin Australia Holdings Ltd
AU:VGN
|
Australia | AU$4.87 Billion |
|
Air New Zealand Ltd
AU:AIZ
|
Australia | AU$9.14 Billion |
Air Busan Co Ltd - 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 | 0.51 | 0.69 | 0.26 |
| Quick Ratio | 0.48 | 0.67 | 0.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₩-183.20 Billion | ₩-112.98 Billion | ₩-224.81 Billion |
Air Busan Co Ltd - Advanced Valuation Insights
This section examines the relationship between Air Busan Co Ltd'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 | 1.46 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 2.5% |
| Total Assets | ₩1.45 Trillion |
| Market Capitalization | $142.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values Air Busan Co Ltd's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Air Busan Co Ltd's assets grew by 2.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Air Busan Co Ltd (2015–2025)
The table below shows the annual total assets of Air Busan Co Ltd from 2015 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ₩1.45 Trillion ≈ $984.28 Million |
+2.46% |
| 2024-12-31 | ₩1.42 Trillion ≈ $960.68 Million |
+4.38% |
| 2023-12-31 | ₩1.36 Trillion ≈ $920.35 Million |
+10.60% |
| 2022-12-31 | ₩1.23 Trillion ≈ $832.12 Million |
+21.60% |
| 2021-12-31 | ₩1.01 Trillion ≈ $684.28 Million |
-2.39% |
| 2020-12-31 | ₩1.03 Trillion ≈ $701.06 Million |
+4.94% |
| 2019-12-31 | ₩985.78 Billion ≈ $668.05 Million |
+225.66% |
| 2018-12-31 | ₩302.70 Billion ≈ $205.14 Million |
+12.74% |
| 2017-12-31 | ₩268.49 Billion ≈ $181.96 Million |
+29.95% |
| 2016-12-31 | ₩206.62 Billion ≈ $140.02 Million |
+19.92% |
| 2015-12-31 | ₩172.30 Billion ≈ $116.76 Million |
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About Air Busan Co Ltd
Air Busan Co., Ltd. provides passenger airline services. It provides domestic and international transportation services. The company also offers cargo transportation services; product brokerage; and sales of medical devices, and health functional food items. Air Busan Co., Ltd. was founded in 2007 and is headquartered in Busan, South Korea.