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.
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. Also see 8OS market cap for the company's overall valuation and market capitalisation.
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. Review 8OS liabilities breakdown to assess the company's total debt and financial obligations.
| 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. See 8OS share price today for real-time trading data and today's change.
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 |
|---|---|---|
|
Beijing Kingsoft Office Software In
SHG:688111
|
China | CN¥20.22 Billion |
|
Duolingo Inc
NASDAQ:DUOL
|
USA | $2.07 Billion |
|
TaTaTu SpA
PA:ALTTU
|
France | €87.76 Million |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥15.85 Billion |
|
Beijing Teamsun Technology Co Ltd
SHG:600410
|
China | CN¥9.22 Billion |
|
Beijing Join-Cheer Software Co Ltd
SHE:002279
|
China | CN¥2.33 Billion |
|
Rpmglobal Holdings Ltd
AU:RUL
|
Australia | AU$140.65 Million |
|
Shanghai Baosight Software Co Ltd B
SHG:900926
|
China | $22.90 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.