THAI AIRWAYS NVDR
THAI AIRWAYS NVDR operates in Diversified Metals & Mining.
THAI AIRWAYS NVDR (NVPE) - Total Assets
Latest total assets as of June 2024: €270.53 Billion EUR
Based on the latest financial reports, THAI AIRWAYS NVDR (NVPE) holds total assets worth €270.53 Billion EUR as of June 2024.
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.
THAI AIRWAYS NVDR - Total Assets Trend (2016–2023)
This chart illustrates how THAI AIRWAYS NVDR’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
THAI AIRWAYS NVDR - Asset Composition Analysis
Current Asset Composition (December 2023)
THAI AIRWAYS NVDR's total assets of €270.53 Billion consist of 39.4% current assets and 60.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 22.2% |
| Accounts Receivable | €11.40 Billion | 4.8% |
| Inventory | €5.25 Billion | 2.2% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €121.67 Million | 0.1% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2016–2023)
This chart illustrates how THAI AIRWAYS NVDR'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: THAI AIRWAYS NVDR's current assets represent 39.4% of total assets in 2023, an increase from 21.0% in 2016.
- Cash Position: Cash and equivalents constituted 22.2% of total assets in 2023, up from 6.1% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 4.8% of total assets.
THAI AIRWAYS NVDR Competitors by Total Assets
Key competitors of THAI AIRWAYS NVDR based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT
|
Germany | €698.14 Million |
|
TV BROADCAST
MU:TBCN
|
Germany | €6.25 Billion |
|
FIRST CITIZENS BC A
BE:FC6A
|
Germany | €220.57 Billion |
|
COSTCO WHSL
MU:CTO
|
Germany | €69.83 Billion |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
Germany | €1.73 Trillion |
|
BURCKHARDT COMPRE N
MU:B5H
|
Germany | €1.07 Billion |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
USA | $886.19 Million |
|
2H0
F:2H0
|
Germany | €15.27 Million |
THAI AIRWAYS NVDR - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - THAI AIRWAYS NVDR generates 0.66x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, THAI AIRWAYS NVDR generates $ 11.76 in net profit.
THAI AIRWAYS NVDR - 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 | 1.32 | 1.14 | 0.58 |
| Quick Ratio | 1.25 | 1.07 | 0.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €26.31 Billion | € 9.94 Billion | € -36.58 Billion |
THAI AIRWAYS NVDR - Advanced Valuation Insights
This section examines the relationship between THAI AIRWAYS NVDR'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 20.6% |
| Total Assets | €238.99 Billion |
| Market Capitalization | $1.72K USD |
Valuation Analysis
Below Book Valuation: The market values THAI AIRWAYS NVDR's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: THAI AIRWAYS NVDR's assets grew by 20.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for THAI AIRWAYS NVDR (2016–2023)
The table below shows the annual total assets of THAI AIRWAYS NVDR from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €238.99 Billion | +20.59% |
| 2022-12-31 | €198.18 Billion | +22.92% |
| 2021-12-31 | €161.22 Billion | -22.97% |
| 2020-12-31 | €209.30 Billion | -18.46% |
| 2019-12-31 | €256.67 Billion | -4.49% |
| 2018-12-31 | €268.72 Billion | -4.29% |
| 2017-12-31 | €280.77 Billion | -0.83% |
| 2016-12-31 | €283.12 Billion | -- |