Great Lakes Aviation Ltd
Great Lakes Aviation, Ltd., a regional airline company, operates as an independent carrier and code share partner with United Air Lines, Inc. in the United States. The company offers scheduled air service to its hubs under the Great Lakes brand; and carries cargo on its scheduled flights. As of March 20, 2015, it served 28 airports in 9 states with a fleet of 6 Embraer EMB-120 Brasilias and 28 Be… Read more
Great Lakes Aviation Ltd (GLUX) - Total Assets
Latest total assets as of September 2015: $58.59 Million USD
Based on the latest financial reports, Great Lakes Aviation Ltd (GLUX) holds total assets worth $58.59 Million USD as of September 2015.
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.
Great Lakes Aviation Ltd - Total Assets Trend (1993–2014)
This chart illustrates how Great Lakes Aviation Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Great Lakes Aviation Ltd - Asset Composition Analysis
Current Asset Composition (December 2014)
Great Lakes Aviation Ltd's total assets of $58.59 Million consist of 26.7% current assets and 73.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.4% |
| Accounts Receivable | $5.34 Million | 8.3% |
| Inventory | $6.58 Million | 10.2% |
| Property, Plant & Equipment | $43.83 Million | 68.2% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1993–2014)
This chart illustrates how Great Lakes Aviation Ltd'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: Great Lakes Aviation Ltd's current assets represent 26.7% of total assets in 2014, an increase from 10.8% in 1993.
- Cash Position: Cash and equivalents constituted 3.4% of total assets in 2014, up from 0.4% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1993.
- Asset Diversification: The largest asset category is property, plant & equipment at 68.2% of total assets.
Great Lakes Aviation Ltd Competitors by Total Assets
Key competitors of Great Lakes Aviation Ltd 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 |
Great Lakes Aviation Ltd - 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 - Great Lakes Aviation Ltd generates 0.92x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Great Lakes Aviation Ltd is currently not profitable relative to its asset base.
Great Lakes Aviation Ltd - 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 | 0.48 | 0.69 | 0.59 |
| Quick Ratio | 0.29 | 0.46 | 0.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-17.05 Million | $ -9.34 Million | $ -18.78 Million |
Great Lakes Aviation Ltd - Advanced Valuation Insights
This section examines the relationship between Great Lakes Aviation Ltd'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 | 0.02 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -17.5% |
| Total Assets | $64.26 Million |
| Market Capitalization | $852.44 USD |
Valuation Analysis
Below Book Valuation: The market values Great Lakes Aviation Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Great Lakes Aviation Ltd's assets decreased by 17.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Great Lakes Aviation Ltd (1993–2014)
The table below shows the annual total assets of Great Lakes Aviation Ltd from 1993 to 2014.
| Year | Total Assets | Change |
|---|---|---|
| 2014-12-31 | $64.26 Million | -17.48% |
| 2013-12-31 | $77.88 Million | -7.70% |
| 2012-12-31 | $84.37 Million | +0.71% |
| 2011-12-31 | $83.78 Million | -0.68% |
| 2010-12-31 | $84.35 Million | -0.35% |
| 2009-12-31 | $84.64 Million | -1.82% |
| 2008-12-31 | $86.22 Million | -6.34% |
| 2007-12-31 | $92.05 Million | +11.83% |
| 2006-12-31 | $82.31 Million | -4.82% |
| 2005-12-31 | $86.48 Million | -16.28% |
| 2004-12-31 | $103.30 Million | -12.30% |
| 2003-12-31 | $117.78 Million | -13.51% |
| 2002-12-31 | $136.18 Million | +3.08% |
| 2001-12-31 | $132.11 Million | -7.73% |
| 2000-12-31 | $143.18 Million | -3.83% |
| 1999-12-31 | $148.88 Million | +104.55% |
| 1998-12-31 | $72.78 Million | +14.08% |
| 1997-12-31 | $63.80 Million | -46.21% |
| 1996-12-31 | $118.61 Million | -15.70% |
| 1995-12-31 | $140.70 Million | -0.85% |
| 1994-12-31 | $141.90 Million | +37.37% |
| 1993-12-31 | $103.30 Million | -- |