Jetpak Top Holding AB
Jetpak Top Holding AB (publ) provides courier and logistics services in Sweden, Norway, Finland, Denmark, and Europe. It operates through two segments: Express Air and Express Road. The Express Air segment provides Jetpak direct, a door-to-door delivery service; Jetpak next day, a next day delivery service; customer specific solutions; and linehaul that offers airport-to-airport transportation se… Read more
Jetpak Top Holding AB (JETPAK) - Total Assets
Latest total assets as of September 2024: Skr1.35 Billion SEK
Based on the latest financial reports, Jetpak Top Holding AB (JETPAK) holds total assets worth Skr1.35 Billion SEK 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.
Jetpak Top Holding AB - Total Assets Trend (2015–2023)
This chart illustrates how Jetpak Top Holding AB’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jetpak Top Holding AB - Asset Composition Analysis
Current Asset Composition (December 2023)
Jetpak Top Holding AB's total assets of Skr1.35 Billion consist of 30.7% current assets and 69.3% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 17.2% |
| Accounts Receivable | Skr167.45 Million | 12.7% |
| Inventory | Skr46.00K | 0.0% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr245.35 Million | 18.6% |
| Goodwill | Skr559.20 Million | 42.3% |
Asset Composition Trend (2015–2023)
This chart illustrates how Jetpak Top Holding AB'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: Jetpak Top Holding AB's current assets represent 30.7% of total assets in 2023, an increase from 11.8% in 2015.
- Cash Position: Cash and equivalents constituted 17.2% of total assets in 2023, up from 1.5% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 60.0% of total assets, a decrease from 87.0% in 2015.
- Asset Diversification: The largest asset category is goodwill at 42.3% of total assets.
Jetpak Top Holding AB Competitors by Total Assets
Key competitors of Jetpak Top Holding AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Citic Offshore Helicopter Co Ltd
SHE:000099
|
China | CN¥7.38 Billion |
|
CJ Korea Express
KO:000120
|
Korea | ₩10.35 Trillion |
|
Guangdong Jushen Logistics Co Ltd
SHE:001202
|
China | CN¥1.87 Billion |
|
Yongtaiyun Chemical Logistics Co.Ltd
SHE:001228
|
China | CN¥4.22 Billion |
|
San Yang Ma (Chongqing) Logistics Co.Ltd.
SHE:001317
|
China | CN¥1.90 Billion |
|
YUNDA Holding Co Ltd
SHE:002120
|
China | CN¥36.46 Billion |
|
Hanjin Transportation Co. Ltd.
KO:002320
|
Korea | ₩4.33 Trillion |
|
S.F. Holding Co. Ltd
SHE:002352
|
China | CN¥217.93 Billion |
Jetpak Top Holding AB - 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 - Jetpak Top Holding AB generates 0.87x 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, Jetpak Top Holding AB generates $ 2.98 in net profit.
Jetpak Top Holding AB - 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 | 2.14 | 1.83 | 1.22 |
| Quick Ratio | 2.14 | 1.83 | 1.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr218.74 Million | Skr 181.26 Million | Skr 37.78 Million |
Jetpak Top Holding AB - Advanced Valuation Insights
This section examines the relationship between Jetpak Top Holding AB'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 | 0.03 |
| Asset Growth Rate (YoY) | 2.6% |
| Total Assets | Skr1.32 Billion |
| Market Capitalization | $35.56 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jetpak Top Holding AB's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Jetpak Top Holding AB's assets grew by 2.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Jetpak Top Holding AB (2015–2023)
The table below shows the annual total assets of Jetpak Top Holding AB from 2015 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Skr1.32 Billion | +2.63% |
| 2022-12-31 | Skr1.29 Billion | +8.67% |
| 2021-12-31 | Skr1.19 Billion | +9.42% |
| 2020-12-31 | Skr1.08 Billion | +9.80% |
| 2019-12-31 | Skr986.29 Million | +9.26% |
| 2018-12-31 | Skr902.68 Million | +3.67% |
| 2017-12-31 | Skr870.71 Million | -2.42% |
| 2016-12-31 | Skr892.29 Million | -1.32% |
| 2015-12-31 | Skr904.26 Million | -- |