Harbor Diversified
Harbor Diversified, Inc. provides regional air services in the United States. The company leases flight equipment; and provides flight equipment financing. As of December 31, 2023, it owned and operated a fleet of 63 regional jets. Harbor Diversified, Inc. is headquartered in Appleton, Wisconsin.
Harbor Diversified (HRBR) - Total Assets
Latest total assets as of March 2025: $203.21 Million USD
Based on the latest financial reports, Harbor Diversified (HRBR) holds total assets worth $203.21 Million 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.
Harbor Diversified - Total Assets Trend (1996–2024)
This chart illustrates how Harbor Diversified’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Harbor Diversified - Asset Composition Analysis
Current Asset Composition (December 2024)
Harbor Diversified's total assets of $203.21 Million consist of 54.0% current assets and 46.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.8% |
| Accounts Receivable | $6.34 Million | 2.7% |
| Inventory | $4.81 Million | 2.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $5.30 Million | 2.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1996–2024)
This chart illustrates how Harbor Diversified'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: Harbor Diversified's current assets represent 54.0% of total assets in 2024, a decrease from 98.0% in 1996.
- Cash Position: Cash and equivalents constituted 8.8% of total assets in 2024, up from 2.2% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 1996.
- Asset Diversification: The largest asset category is accounts receivable at 2.7% of total assets.
Harbor Diversified Competitors by Total Assets
Key competitors of Harbor Diversified 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 |
Harbor Diversified - 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 - Harbor Diversified generates 0.84x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Harbor Diversified is currently not profitable relative to its asset base.
Harbor Diversified - 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 | 3.53 | 4.19 | 1.41 |
| Quick Ratio | 3.36 | 3.97 | 1.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $84.67 Million | $ 94.43 Million | $ 24.90 Million |
Harbor Diversified - Advanced Valuation Insights
This section examines the relationship between Harbor Diversified'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 | 0.56 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $236.30 Million |
| Market Capitalization | $10.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Harbor Diversified's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Harbor Diversified's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Harbor Diversified (1996–2024)
The table below shows the annual total assets of Harbor Diversified from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $236.30 Million | 0.00% |
| 2023-12-31 | $236.30 Million | -38.24% |
| 2022-12-31 | $382.65 Million | -4.19% |
| 2021-12-31 | $399.40 Million | +13.97% |
| 2020-12-31 | $350.45 Million | +28.54% |
| 2019-12-31 | $272.63 Million | -3.21% |
| 2018-12-31 | $281.66 Million | +6897.84% |
| 2011-12-31 | $4.03 Million | -33.97% |
| 2010-12-31 | $6.10 Million | -40.73% |
| 2009-12-31 | $10.29 Million | -59.11% |
| 2008-12-31 | $25.16 Million | -44.25% |
| 2007-12-31 | $45.12 Million | -34.14% |
| 2006-12-31 | $68.51 Million | +47.08% |
| 2005-12-31 | $46.58 Million | -26.34% |
| 2004-12-31 | $63.24 Million | -25.93% |
| 2003-12-31 | $85.38 Million | +510.65% |
| 2002-12-31 | $13.98 Million | -55.56% |
| 2001-12-31 | $31.46 Million | -10.36% |
| 2000-12-31 | $35.10 Million | -27.33% |
| 1999-12-31 | $48.30 Million | +97.14% |
| 1998-12-31 | $24.50 Million | +231.08% |
| 1997-12-31 | $7.40 Million | +8.34% |
| 1996-12-31 | $6.83 Million | -- |