Freshworks (STU:7DF) Total Assets : €1,335.9 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Freshworks Total Assets?

Freshworks's Total Assets for the quarter that ended in Dec. 2023 was €1,335.9 Mil.

During the past 12 months, Freshworks's average Total Assets Growth Rate was 15.60% per year. During the past 3 years, the average Total Assets Growth Rate was 27.70% per year.

During the past 5 years, Freshworks's highest 3-Year average Total Assets Growth Rate was 33.00%. The lowest was 27.70%. And the median was 30.35%.

Total Assets is connected with ROA %. Freshworks's annualized ROA % for the quarter that ended in Dec. 2023 was -7.73%. Total Assets is also linked to Revenue through Asset Turnover. Freshworks's Asset Turnover for the quarter that ended in Dec. 2023 was 0.11.

Freshworks Total Assets Historical Data

The historical data trend for Freshworks'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.

* Premium members only.

Freshworks Total Assets Chart

Freshworks Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

289.59

302.02

1,312.29

1,302.92

1,335.86

Freshworks Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial											1,302.92	1,299.05	1,292.48	1,328.75	1,335.86

Freshworks 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.

Freshworks's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	983.264	+	352.596
	=	1,335.9

Freshworks's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	983.264	+	352.596
	=	1,335.9

Freshworks (STU:7DF) Total Assets Explanation

Total Assets is connected with ROA %.

Freshworks's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-103	/	( (1328.748	+	1335.86)	/ 2 )
	=	-103	/	1332.304
	=	-7.73 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Freshworks's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	146.822	/	( (1328.748	+	1335.86)	/ 2 )
=	146.822	/	1332.304
=	0.11

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.

Freshworks Total Assets Related Terms

Thank you for viewing the detailed overview of Freshworks's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Freshworks (STU:7DF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Freshworks Inc (STU:7DF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

FRSH:USA 7DF:Germany

Address

2950 S. Delaware Street, Suite 201, San Mateo, CA, USA, 94403

Website

https://www.freshworks.com

Freshworks Inc provides software as a service platform that enables small and medium-sized businesses to support customers through e-mail, phone, website, and social networks. It offers solutions that serve the needs of users in the CX and ITSM categories and has also expanded its offering with Sales and Marketing automation products. These product offerings enable organizations to acquire, engage, and better serve their customers and employees. The group derives revenue from North America, Europe, the Middle East and Africa, Asia Pacific, and Other regions.

Freshworks (STU:7DF) Headlines

No Headlines