WITTED MEGACORP OYJ EO 1 (8OS) - Total Assets
Based on the latest financial reports, WITTED MEGACORP OYJ EO 1 (8OS) holds total assets worth €24.86 Million EUR (≈ $29.07 Million USD) as of December 2024. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore debt repayment capacity of WITTED MEGACORP OYJ EO 1 to assess how comfortably operating cash covers total debt obligations.
WITTED MEGACORP OYJ EO 1 - Total Assets Trend (2021–2024)
This chart illustrates how WITTED MEGACORP OYJ EO 1's total assets have evolved over time, based on quarterly financial data. See 8OS net assets for net asset value and shareholders' equity analysis.
WITTED MEGACORP OYJ EO 1 - Asset Composition Analysis
Current Asset Composition (December 2024)
WITTED MEGACORP OYJ EO 1's total assets of €24.86 Million consist of 66.6% current assets and 33.4% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 31.8% |
| Accounts Receivable | €8.08 Million | 32.5% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €12.91K | 0.1% |
| Goodwill | €7.50 Million | 30.2% |
Asset Composition Trend (2021–2024)
This chart illustrates how WITTED MEGACORP OYJ EO 1's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see WITTED MEGACORP OYJ EO 1 market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: WITTED MEGACORP OYJ EO 1's current assets represent 66.6% of total assets in 2024, a decrease from 85.6% in 2021.
- Cash Position: Cash and equivalents constituted 31.8% of total assets in 2024, up from 19.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 30.0% of total assets, an increase from 6.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 32.5% of total assets.
WITTED MEGACORP OYJ EO 1 Competitors by Total Assets
Key competitors of WITTED MEGACORP OYJ EO 1 based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guidewire Software Inc
NYSE:GWRE
|
USA | $2.69 Billion |
|
Navan, Inc. Class A Common Stock
NASDAQ:NAVN
|
USA | $1.71 Billion |
|
Technology One Ltd
AU:TNE
|
Australia | AU$891.40 Million |
|
Lightspeed Commerce Inc
TO:LSPD
|
Canada | CA$1.67 Billion |
|
One Software Technologies Ltd
TA:ONE
|
Israel | ILA2.85 Billion |
|
Shenzhen Sunline Tech Co Ltd
SHE:300348
|
China | CN¥3.08 Billion |
|
Douzone Bizon Co Ltd
KO:012510
|
Korea | ₩1.13 Trillion |
|
Fujian Boss Software Development Co Ltd
SHE:300525
|
China | CN¥4.27 Billion |
WITTED MEGACORP OYJ EO 1 - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.61 | 1.51 | - |
| Quick Ratio | 1.61 | 1.51 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | €6.30 Million | €6.05 Million | - |
WITTED MEGACORP OYJ EO 1 - Advanced Valuation Insights
This section examines the relationship between WITTED MEGACORP OYJ EO 1's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.78 |
| Latest Market Cap to Assets Ratio | 0.96 |
| Asset Growth Rate (YoY) | -10.9% |
| Total Assets | €24.86 Million |
| Market Capitalization | $23.93 Million USD |
Valuation Analysis
Near Book Valuation: The market values WITTED MEGACORP OYJ EO 1's assets close to their book value (0.96x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: WITTED MEGACORP OYJ EO 1's assets decreased by 10.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for WITTED MEGACORP OYJ EO 1 (2021–2024)
The table below shows the annual total assets of WITTED MEGACORP OYJ EO 1 from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €24.86 Million ≈ $29.07 Million |
-10.90% |
| 2023-12-31 | €27.90 Million ≈ $32.62 Million |
-11.93% |
| 2022-12-31 | €31.68 Million ≈ $37.04 Million |
+262.24% |
| 2021-12-31 | €8.75 Million ≈ $10.23 Million |
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About WITTED MEGACORP OYJ EO 1
Witted Megacorp Oyj, together with its subsidiaries, develops and sells software development solutions in Finland and internationally. It also offers software development consulting and project delivery, growth consulting, and recruitment services. The company was incorporated in 2016 and is based in Helsinki, Finland.