Tav Havalimanlari Holding AS
TAV Havalimanlari Holding A.S., together with its subsidiaries, constructs terminal buildings, and manages and operates terminals or airports in Turkey, Georgia, Kazakhstan, Macedonia, Tunisia, Croatia, Oman, Latvia, Spain, Qatar, Saudi Arabia, and internationally. It operates through Terminal Operations, Catering Operations, Duty Free Operations, Ground Handling and Bus Operations, and Other seg… Read more
Tav Havalimanlari Holding AS (TAVHY) - Total Assets
Latest total assets as of December 2025: $5.15 Billion USD
Based on the latest financial reports, Tav Havalimanlari Holding AS (TAVHY) holds total assets worth $5.15 Billion USD as of December 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.
Tav Havalimanlari Holding AS - Total Assets Trend (2005–2025)
This chart illustrates how Tav Havalimanlari Holding AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tav Havalimanlari Holding AS - Asset Composition Analysis
Current Asset Composition (December 2025)
Tav Havalimanlari Holding AS's total assets of $5.15 Billion consist of 18.1% current assets and 81.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.8% |
| Accounts Receivable | $262.88 Million | 5.1% |
| Inventory | $56.67 Million | 1.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.95 Billion | 37.9% |
| Goodwill | $212.68 Million | 4.1% |
Asset Composition Trend (2005–2025)
This chart illustrates how Tav Havalimanlari Holding AS'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: Tav Havalimanlari Holding AS's current assets represent 18.1% of total assets in 2025, a decrease from 27.1% in 2005.
- Cash Position: Cash and equivalents constituted 10.8% of total assets in 2025, up from 1.0% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 41.0% of total assets, an increase from 3.0% in 2005.
- Asset Diversification: The largest asset category is intangible assets at 37.9% of total assets.
Tav Havalimanlari Holding AS Competitors by Total Assets
Key competitors of Tav Havalimanlari Holding AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Airport Co Ltd
SHE:000089
|
China | CN¥24.07 Billion |
|
Korea Air Svc
KO:005430
|
Korea | ₩532.02 Billion |
|
Aeroporto Guglielmo Marconi di Bologna S.p.A
F:169
|
Germany | €362.71 Million |
|
Guangzhou Baiyun International Airport Co Ltd
SHG:600004
|
China | CN¥27.88 Billion |
|
Shanghai International Airport Co Ltd
SHG:600009
|
China | CN¥69.68 Billion |
|
Xiamen International Airport Co Ltd
SHG:600897
|
China | CN¥6.07 Billion |
|
Skymark Airlines Inc.
F:7SA
|
Germany | €107.74 Billion |
|
Auckland International Airport Limited
PINK:ACKDF
|
USA | $14.06 Billion |
Tav Havalimanlari Holding AS - 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
Lower asset utilization - Tav Havalimanlari Holding AS generates 0.34x 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, Tav Havalimanlari Holding AS generates $ 1.18 in net profit.
Tav Havalimanlari Holding AS - 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 | 0.78 | 1.05 | 1.55 |
| Quick Ratio | 0.73 | 1.00 | 1.54 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-269.39 Million | $ 42.52 Million | $ 355.20 Million |
Tav Havalimanlari Holding AS - Advanced Valuation Insights
This section examines the relationship between Tav Havalimanlari Holding AS'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 | 1.38 |
| Latest Market Cap to Assets Ratio | 0.49 |
| Asset Growth Rate (YoY) | 5.9% |
| Total Assets | $5.15 Billion |
| Market Capitalization | $2.54 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Tav Havalimanlari Holding AS's assets below their book value (0.49 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Tav Havalimanlari Holding AS's assets grew by 5.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tav Havalimanlari Holding AS (2005–2025)
The table below shows the annual total assets of Tav Havalimanlari Holding AS from 2005 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $5.15 Billion | +5.93% |
| 2024-12-31 | $4.86 Billion | +2.31% |
| 2023-12-31 | $4.75 Billion | +11.11% |
| 2022-12-31 | $4.28 Billion | +24.18% |
| 2021-12-31 | $3.44 Billion | -3.11% |
| 2020-12-31 | $3.56 Billion | -7.28% |
| 2019-12-31 | $3.83 Billion | +11.54% |
| 2018-12-31 | $3.44 Billion | +14.50% |
| 2017-12-31 | $3.00 Billion | -3.19% |
| 2016-12-31 | $3.10 Billion | -6.20% |
| 2015-12-31 | $3.31 Billion | +24.93% |
| 2014-12-31 | $2.65 Billion | +17.03% |
| 2013-12-31 | $2.26 Billion | +0.57% |
| 2012-12-31 | $2.25 Billion | +8.05% |
| 2011-12-31 | $2.08 Billion | +2.05% |
| 2010-12-31 | $2.04 Billion | +6.05% |
| 2009-12-31 | $1.92 Billion | +17.92% |
| 2008-12-31 | $1.63 Billion | +10.05% |
| 2007-12-31 | $1.48 Billion | +9.27% |
| 2006-12-31 | $1.36 Billion | +18.02% |
| 2005-12-31 | $1.15 Billion | -- |