Grid Dynamics Holdings's Total Assets for the quarter that ended in Mar. 2024 was $435.3 Mil.
Warning Sign:
If a company builds assets at 56.8% a year, faster than its revenue growth rate of 20.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Grid Dynamics Holdings's average Total Assets Growth Rate was 15.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 48.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 56.80% per year.
During the past 7 years, Grid Dynamics Holdings's highest 3-Year average Total Assets Growth Rate was 73.90%. The lowest was 48.50%. And the median was 67.60%.
* 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.
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.
Grid Dynamics Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Grid Dynamics Holdings (NAS:GDYN) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 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.
Grid Dynamics Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Grid Dynamics Holdings Total Assets Related Terms
Thank you for viewing the detailed overview of Grid Dynamics Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Grid Dynamics Holdings (Grid Dynamics Holdings) Business Description
Grid Dynamics Holdings Inc provides enterprise-level digital transformation in the areas of search, analytics, and release automation to Fortune 1000 companies. The company delivers tailored solutions in several industry verticals like Tech, Media and Telecom, Retail, Finance and Consumer Packaged goods (CPG)/manufacturing. Geographically company earns revenue from North America, Europe and other regions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GDYN has been successfully added to your 