Azul SA
Azul S.A., together with its subsidiaries, provides air transportation services in Brazil and internationally. It is also involved in the cargo or mail; passenger charter; development of frequent-flyer programs; intellectual property owner; travel packages; funding: aircraft financing; and provision of maintenance and hangarage services for aircraft, engines, parts and pieces, aircraft acquisitio… Read more
Azul SA (AZUL) - Total Assets
Latest total assets as of March 2025: $25.55 Billion USD
Based on the latest financial reports, Azul SA (AZUL) holds total assets worth $25.55 Billion USD as of March 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.
Azul SA - Total Assets Trend (2010–2024)
This chart illustrates how Azul SA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Azul SA - Asset Composition Analysis
Current Asset Composition (December 2024)
Azul SA's total assets of $25.55 Billion consist of 21.5% current assets and 78.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.6% |
| Accounts Receivable | $1.98 Billion | 7.5% |
| Inventory | $943.58 Million | 3.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $658.20 Million | 2.5% |
| Goodwill | $901.42 Million | 3.4% |
Asset Composition Trend (2010–2024)
This chart illustrates how Azul SA'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: Azul SA's current assets represent 21.5% of total assets in 2024, an increase from 16.1% in 2010.
- Cash Position: Cash and equivalents constituted 4.6% of total assets in 2024, down from 7.9% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2010.
- Asset Diversification: The largest asset category is accounts receivable at 7.5% of total assets.
Azul SA Competitors by Total Assets
Key competitors of Azul SA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Korean Air Lines Co
KO:003490
|
Korea | ₩48.75 Trillion |
|
Asiana Airline
KO:020560
|
Korea | ₩12.09 Trillion |
|
Jeju Air Co Ltd
KO:089590
|
Korea | ₩2.24 Trillion |
|
T'way Air Co Ltd
KO:091810
|
Korea | ₩1.78 Trillion |
|
Enter Air Sp. z o.o
F:10N
|
Germany | €3.35 Billion |
|
Eva Airways Corp
TW:2618
|
Taiwan | NT$350.66 Billion |
|
STARLUX Airlines Co. Ltd.
TWO:2646
|
Taiwan | NT$91.35 Billion |
|
Jin Air Co Ltd
KO:272450
|
Korea | ₩1.20 Trillion |
Azul SA - 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
Strong asset utilization - Azul SA generates 0.74x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Azul SA is currently not profitable relative to its asset base.
Azul SA - 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 | 0.35 | 0.34 | 0.36 |
| Quick Ratio | 0.29 | 0.27 | 0.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-11.06 Billion | $ -9.55 Billion | $ -6.28 Billion |
Azul SA - Advanced Valuation Insights
This section examines the relationship between Azul SA'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 | 0.01 |
| Asset Growth Rate (YoY) | 28.0% |
| Total Assets | $26.27 Billion |
| Market Capitalization | $141.03 Million USD |
Valuation Analysis
Below Book Valuation: The market values Azul SA's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Azul SA's assets grew by 28.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Azul SA (2010–2024)
The table below shows the annual total assets of Azul SA from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $26.27 Billion | +27.97% |
| 2023-12-31 | $20.53 Billion | +9.68% |
| 2022-12-31 | $18.72 Billion | +1.01% |
| 2021-12-31 | $18.53 Billion | +17.34% |
| 2020-12-31 | $15.79 Billion | -17.73% |
| 2019-12-31 | $19.20 Billion | +62.78% |
| 2018-12-31 | $11.79 Billion | +14.31% |
| 2017-12-31 | $10.32 Billion | +22.81% |
| 2016-12-31 | $8.40 Billion | +7.16% |
| 2015-12-31 | $7.84 Billion | +25.64% |
| 2014-12-31 | $6.24 Billion | +11.16% |
| 2013-12-31 | $5.61 Billion | +18.12% |
| 2012-12-31 | $4.75 Billion | +141.94% |
| 2011-12-31 | $1.96 Billion | +60.46% |
| 2010-12-31 | $1.22 Billion | -- |