Gofore (LTS:0CXS) Total Assets : €171.7 Mil (As of Dec. 2024)

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What is Gofore Total Assets?

Gofore's Total Assets for the quarter that ended in Dec. 2024 was €171.7 Mil.

Warning Sign:

If a company builds assets at 28.6% a year, faster than its revenue growth rate of 23% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Gofore's average Total Assets Growth Rate was -10.80% per year. During the past 3 years, the average Total Assets Growth Rate was 22.40% per year. During the past 5 years, the average Total Assets Growth Rate was 28.60% per year. During the past 10 years, the average Total Assets Growth Rate was 56.20% per year.

During the past 11 years, Gofore's highest 3-Year average Total Assets Growth Rate was 113.30%. The lowest was 22.40%. And the median was 46.50%.

Total Assets is connected with ROA %. Gofore's annualized ROA % for the quarter that ended in Dec. 2024 was 11.32%. Total Assets is also linked to Revenue through Asset Turnover. Gofore's Asset Turnover for the quarter that ended in Dec. 2024 was 0.29.

Gofore Total Assets Historical Data

The historical data trend for Gofore'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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Gofore Total Assets Chart

Gofore Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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78.36

101.90

148.43

167.09

171.72

Gofore Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															167.09	173.17	168.87	166.95	171.72

Gofore 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.

Gofore's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	105.728	+	65.987
	=	171.7

Gofore's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	105.728	+	65.987
	=	171.7

Gofore (LTS:0CXS) Total Assets Explanation

Total Assets is connected with ROA %.

Gofore's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	19.16	/	( (166.947	+	171.715)	/ 2 )
	=	19.16	/	169.331
	=	11.32 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) 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.

Gofore's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	49.829	/	( (166.947	+	171.715)	/ 2 )
=	49.829	/	169.331
=	0.29

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.

Gofore Total Assets Related Terms

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Gofore Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gofore PLC (LTS:0CXS) » Definitions » Total Assets

Comparable Companies

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GOFORE:Finland 1E2:Germany

Address

Peltokatu 34, Tampere, FIN, 33100

Website

https://www.gofore.com

Gofore PLC is a digital services company. The company offers services that help operators in the private and public sectors face digital change. The company offers services such as Digital transformation advisory, agile software development, service design, cloud technology, data & analytics, Digital quality assurance, and testing automation. The vast majority of its revenue comes from Finland.

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