easyJet plc
easyJet plc operates as a low-cost airline carrier in Europe. The company engages in aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities, as well as provides holiday packages. It also offers heavy base maintenance and air transport services. easyJet plc was founded in 1995 and is headquartered in Luton, the Unit… Read more
easyJet plc (EJTTF) - Total Assets
Latest total assets as of March 2024: $10.91 Billion USD
Based on the latest financial reports, easyJet plc (EJTTF) holds total assets worth $10.91 Billion USD as of March 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.
easyJet plc - Total Assets Trend (2014–2023)
This chart illustrates how easyJet plc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
easyJet plc - Asset Composition Analysis
Current Asset Composition (September 2023)
easyJet plc's total assets of $10.91 Billion consist of 42.0% current assets and 58.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 29.7% |
| Accounts Receivable | $110.00 Million | 1.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $276.00 Million | 2.8% |
| Goodwill | $365.00 Million | 3.7% |
Asset Composition Trend (2014–2023)
This chart illustrates how easyJet plc'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: easyJet plc's current assets represent 42.0% of total assets in 2023, an increase from 28.1% in 2014.
- Cash Position: Cash and equivalents constituted 29.7% of total assets in 2023, up from 9.5% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 10.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 3.7% of total assets.
easyJet plc Competitors by Total Assets
Key competitors of easyJet plc 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 |
easyJet plc - 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 - easyJet plc generates 0.83x 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, easyJet plc generates $ 3.29 in net profit.
easyJet plc - 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 | 1.03 | 0.95 | 0.60 |
| Quick Ratio | 1.03 | 0.95 | 0.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $126.00 Million | $ -258.00 Million | $ -1.17 Billion |
easyJet plc - Advanced Valuation Insights
This section examines the relationship between easyJet plc'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 | 1.24 |
| Latest Market Cap to Assets Ratio | 0.37 |
| Asset Growth Rate (YoY) | -5.9% |
| Total Assets | $9.84 Billion |
| Market Capitalization | $3.69 Billion USD |
Valuation Analysis
Below Book Valuation: The market values easyJet plc's assets below their book value (0.37 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: easyJet plc's assets decreased by 5.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for easyJet plc (2014–2023)
The table below shows the annual total assets of easyJet plc from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $9.84 Billion | -5.86% |
| 2022-09-30 | $10.45 Billion | +6.97% |
| 2021-09-30 | $9.77 Billion | +15.34% |
| 2020-09-30 | $8.47 Billion | +3.80% |
| 2019-09-30 | $8.16 Billion | +16.70% |
| 2018-09-30 | $7.00 Billion | +17.15% |
| 2017-09-30 | $5.97 Billion | +8.47% |
| 2016-09-30 | $5.50 Billion | +14.02% |
| 2015-09-30 | $4.83 Billion | +7.72% |
| 2014-09-30 | $4.48 Billion | -- |