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GitLab (MEX:GTLB) Total Assets : MXN28,865 Mil (As of Jan. 2025)


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What is GitLab Total Assets?

GitLab's Total Assets for the quarter that ended in Jan. 2025 was MXN28,865 Mil.

Warning Sign:

If a company builds assets at 52.9% a year, faster than its revenue growth rate of 47.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, GitLab's average Total Assets Growth Rate was 42.70% per year. During the past 3 years, the average Total Assets Growth Rate was 37.40% per year. During the past 5 years, the average Total Assets Growth Rate was 52.90% per year.

During the past 6 years, GitLab's highest 3-Year average Total Assets Growth Rate was 68.60%. The lowest was 37.40%. And the median was 52.90%.

Total Assets is connected with ROA %. GitLab's annualized ROA % for the quarter that ended in Jan. 2025 was 1.78%. Total Assets is also linked to Revenue through Asset Turnover. GitLab's Asset Turnover for the quarter that ended in Jan. 2025 was 0.16.


GitLab Total Assets Historical Data

The historical data trend for GitLab'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.

GitLab Total Assets Chart

GitLab Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Total Assets
Get a 7-Day Free Trial 7,343.77 22,524.01 21,978.62 22,696.68 28,865.40

GitLab Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22,696.68 22,552.51 25,595.03 25,092.11 28,865.40

GitLab 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.

GitLab's Total Assets for the fiscal year that ended in Jan. 2025 is calculated as

Total Assets=Total Equity (A: Jan. 2025 )+Total Liabilities (A: Jan. 2025 )
=16942.721+11922.675
=28,865

GitLab's Total Assets for the quarter that ended in Jan. 2025 is calculated as

Total Assets=Total Equity (Q: Jan. 2025 )+Total Liabilities (Q: Jan. 2025 )
=16942.721+11922.675
=28,865

* 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.


GitLab  (MEX:GTLB) Total Assets Explanation

Total Assets is connected with ROA %.

GitLab's annualized ROA % for the quarter that ended in Jan. 2025 is

ROA %=Net Income (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=478.924/( (25092.113+28865.396)/ 2 )
=478.924/26978.7545
=1.78 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) 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.

GitLab's Asset Turnover for the quarter that ended in Jan. 2025 is

Asset Turnover
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=4361.61/( (25092.113+28865.396)/ 2 )
=4361.61/26978.7545
=0.16

* 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.

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.

GitLab Total Assets Related Terms

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GitLab Business Description

Traded in Other Exchanges
Address
268 Bush Street, Suite 350, San Francisco, CA, USA, 94104-3503
GitLab Inc operates on an all-remote model. GitLab, a complete DevSecOps platform delivered as a single application. It operates in two competitive landscapes: DevOps point solutions and DevOps platforms. In terms of point solutions that are stitched together, GitLab's offering is substantially different in that it is one platform, one codebase, one interface, and a unified data model that spans the entire DevSecOps lifecycle. DevOps platforms, the principal competitor is Microsoft Corporation following their acquisition of GitHub. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. It is located in the United States, Europe, and Asia Pacific. It focused on accelerating innovation and broadening the distribution of its platform to companies across the world.