Nok Airlines Public Company Limited
Nok Airlines Public Company Limited, together with its subsidiaries, offers air transport services for passengers, and parcels and parcel posts in Thailand. It also provides tourism and other related services. The company was formerly known as Nok Airlines Co., Ltd. and changed its name to Nok Airlines Public Company Limited in January 2013. Nok Airlines Public Company Limited was incorporated in… Read more
Nok Airlines Public Company Limited (NOKFF) - Total Assets
Latest total assets as of September 2024: $13.21 Billion USD
Based on the latest financial reports, Nok Airlines Public Company Limited (NOKFF) holds total assets worth $13.21 Billion USD as of September 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.
Nok Airlines Public Company Limited - Total Assets Trend (2018–2023)
This chart illustrates how Nok Airlines Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nok Airlines Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2023)
Nok Airlines Public Company Limited's total assets of $13.21 Billion consist of 10.0% current assets and 90.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.4% |
| Accounts Receivable | $153.36 Million | 1.3% |
| Inventory | $128.08 Million | 1.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $19.61 Million | 0.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how Nok Airlines 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nok Airlines Public Company Limited's current assets represent 10.0% of total assets in 2023, a decrease from 28.2% in 2018.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2023, down from 10.1% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 1.3% of total assets.
Nok Airlines Public Company Limited Competitors by Total Assets
Key competitors of Nok Airlines Public Company Limited 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 |
Nok Airlines Public Company Limited - 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 - Nok Airlines Public Company Limited generates 0.70x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Nok Airlines Public Company Limited generates $ 0.40 in net profit.
Nok Airlines 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 | 0.12 | 0.28 | 0.55 |
| Quick Ratio | 0.11 | 0.24 | 0.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.85 Billion | $ -3.05 Billion | $ -7.79 Billion |
Nok Airlines Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Nok Airlines 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 | - |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -3.9% |
| Total Assets | $11.87 Billion |
| Market Capitalization | $322.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nok Airlines Public Company Limited's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Nok Airlines Public Company Limited's assets decreased by 3.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Nok Airlines Public Company Limited (2018–2023)
The table below shows the annual total assets of Nok Airlines Public Company Limited from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $11.87 Billion | -3.89% |
| 2022-12-31 | $12.35 Billion | +0.85% |
| 2021-12-31 | $12.25 Billion | -31.55% |
| 2020-12-31 | $17.89 Billion | +17.96% |
| 2019-12-31 | $15.17 Billion | +7.79% |
| 2018-12-31 | $14.07 Billion | -- |