Nok Airlines PCL (Nok Airlines PCL) Total Assets : $386.8 Mil (As of Jun. 2023)

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What is Nok Airlines PCL Total Assets?

Nok Airlines PCL's Total Assets for the quarter that ended in Jun. 2023 was $386.8 Mil.

During the past 12 months, Nok Airlines PCL's average Total Assets Growth Rate was 11.30% per year. During the past 3 years, the average Total Assets Growth Rate was -5.60% per year. During the past 5 years, the average Total Assets Growth Rate was -0.60% per year. During the past 10 years, the average Total Assets Growth Rate was 35.20% per year.

During the past 13 years, Nok Airlines PCL's highest 3-Year average Total Assets Growth Rate was 116.40%. The lowest was -5.60%. And the median was 44.50%.

Total Assets is connected with ROA %. Nok Airlines PCL's annualized ROA % for the quarter that ended in Jun. 2023 was -5.99%. Total Assets is also linked to Revenue through Asset Turnover. Nok Airlines PCL's Asset Turnover for the quarter that ended in Jun. 2023 was 0.35.

Nok Airlines PCL Total Assets Historical Data

The historical data trend for Nok Airlines PCL's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nok Airlines PCL Total Assets Chart

Nok Airlines PCL Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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430.30

502.42

594.90

365.00

355.31

Nok Airlines PCL Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial															557.21	365.00	349.48	355.31	386.85

Nok Airlines PCL Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Nok Airlines PCL's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	-345.905	+	701.213
	=	355.3

Nok Airlines PCL's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	-355.61	+	742.458
	=	386.8

Nok Airlines PCL (OTCPK:NOKPF) Total Assets Explanation

Total Assets is connected with ROA %.

Nok Airlines PCL's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-22.242	/	( (355.308	+	386.848)	/ 2 )
	=	-22.242	/	371.078
	=	-5.99 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Nok Airlines PCL's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	128.338	/	( (355.308	+	386.848)	/ 2 )
=	128.338	/	371.078
=	0.35

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Nok Airlines PCL Total Assets Related Terms

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Nok Airlines PCL (Nok Airlines PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nok Airlines PCL (OTCPK:NOKPF) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Vibhavadi Rangsit Road, Central Building, Room No. 4235, 4th Floor, 222 Don Mueang International Airport, Sanambin Sub-district, Don Mueang District, Bangkok, THA, 10210

Website

https://www.nokair.com

Nok Airlines PCL is a Thailand-based company. It is engaged in providing air transport services for passengers. The company operates in two business segments which is Domestic Air Services and International Air Services. The Domestic Air Services business segment generates the maximum revenue for the company.

Nok Airlines PCL (Nok Airlines PCL) Headlines

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