Surf Air Mobility Inc. (SRFM) - Total Assets
Based on the latest financial reports, Surf Air Mobility Inc. (SRFM) holds total assets worth $106.79 Million 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. See SRFM net assets for net asset value and shareholders' equity analysis.
Surf Air Mobility Inc. - Total Assets Trend (2020–2024)
This chart illustrates how Surf Air Mobility Inc.'s total assets have evolved over time, based on quarterly financial data.
Surf Air Mobility Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Surf Air Mobility Inc.'s total assets of $106.79 Million consist of 27.3% current assets and 72.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.0% |
| Accounts Receivable | $4.26 Million | 3.4% |
| Inventory | $39.00K | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $23.12 Million | 18.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Surf Air Mobility Inc.'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 Surf Air Mobility Inc. stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Surf Air Mobility Inc.'s current assets represent 27.3% of total assets in 2024, a decrease from 71.5% in 2020.
- Cash Position: Cash and equivalents constituted 17.0% of total assets in 2024, down from 63.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, a decrease from 21.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 18.6% of total assets.
Surf Air Mobility Inc. Competitors by Total Assets
Key competitors of Surf Air Mobility Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
LATAM Airlines Group S.A.
NYSE:LTM
|
USA | $17.64 Billion |
|
Deutsche Lufthansa AG
XETRA:LHA
|
Germany | €48.83 Billion |
|
Republic Airways Holdings Inc
NASDAQ:RJET
|
USA | $158.93 Million |
|
Juneyao Airlines
SHG:603885
|
China | CN¥49.89 Billion |
|
Finnair Oyj
HE:FIA1S
|
Finland | €3.69 Billion |
|
T'way Air Co Ltd
KO:091810
|
Korea | ₩1.78 Trillion |
|
Qantas Airways Ltd
AU:QAN
|
Australia | AU$23.89 Billion |
|
Virgin Australia Holdings Ltd
AU:VGN
|
Australia | AU$4.87 Billion |
Surf Air Mobility Inc. - 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 | 0.25 | 0.11 | 0.03 |
| Quick Ratio | 0.25 | 0.11 | 0.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-66.11 Million | $-118.93 Million | $-53.64 Million |
Surf Air Mobility Inc. - Advanced Valuation Insights
This section examines the relationship between Surf Air Mobility Inc.'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 | 2.86 |
| Latest Market Cap to Assets Ratio | 0.70 |
| Asset Growth Rate (YoY) | 11.8% |
| Total Assets | $124.06 Million |
| Market Capitalization | $86.62 Million USD |
Valuation Analysis
Below Book Valuation: The market values Surf Air Mobility Inc.'s assets below their book value (0.70x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Surf Air Mobility Inc.'s assets grew by 11.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Surf Air Mobility Inc. (2020–2024)
The table below shows the annual total assets of Surf Air Mobility Inc. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $124.06 Million | +11.78% |
| 2023-12-31 | $110.99 Million | +710.32% |
| 2022-12-31 | $13.70 Million | +81.23% |
| 2021-12-31 | $7.56 Million | -35.44% |
| 2020-12-31 | $11.71 Million | -- |
About Surf Air Mobility Inc.
Surf Air Mobility Inc. engages in the air mobility business in the United States and internationally. Its air mobility platform provides scheduled commercial air service flights; and on-demand flights created for customers on an ad-hoc, by request basis. Surf Air Mobility Inc. was founded in 2011 and is headquartered in Hawthorne, California.