Grid Dynamics Holdings Inc
Grid Dynamics Holdings, Inc., together with its subsidiaries, provides technology consulting, platform and product engineering, and analytics services in North America, Europe, and internationally. The company provides cloud platform and product engineering services, such as architecting, designing, and building cloud-based platforms and business applications; and artificial intelligence/machine … Read more
Grid Dynamics Holdings Inc (GDYN) - Total Assets
Latest total assets as of September 2025: $613.17 Million USD
Based on the latest financial reports, Grid Dynamics Holdings Inc (GDYN) holds total assets worth $613.17 Million USD as of September 2025.
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.
Grid Dynamics Holdings Inc - Total Assets Trend (2017–2024)
This chart illustrates how Grid Dynamics Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Grid Dynamics Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Grid Dynamics Holdings Inc's total assets of $613.17 Million consist of 71.5% current assets and 28.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 56.5% |
| Accounts Receivable | $69.37 Million | 11.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $47.92 Million | 8.1% |
| Goodwill | $83.41 Million | 14.1% |
Asset Composition Trend (2017–2024)
This chart illustrates how Grid Dynamics Holdings Inc'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Grid Dynamics Holdings Inc's current assets represent 71.5% of total assets in 2024, a decrease from 93.0% in 2017.
- Cash Position: Cash and equivalents constituted 56.5% of total assets in 2024, up from 33.3% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 22.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 14.1% of total assets.
Grid Dynamics Holdings Inc Competitors by Total Assets
Key competitors of Grid Dynamics Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
China | CN¥2.48 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
China | CN¥4.24 Billion |
Grid Dynamics Holdings Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Grid Dynamics Holdings Inc generates 0.59x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Grid Dynamics Holdings Inc generates $ 0.68 in net profit.
Grid Dynamics Holdings Inc - 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 | 7.63 | 5.96 | 10.11 |
| Quick Ratio | 7.63 | 5.96 | 10.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $382.89 Million | $ 268.76 Million | $ 121.30 Million |
Grid Dynamics Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Grid Dynamics Holdings Inc'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 | 1.04 |
| Latest Market Cap to Assets Ratio | 0.65 |
| Asset Growth Rate (YoY) | 36.1% |
| Total Assets | $592.19 Million |
| Market Capitalization | $384.63 Million USD |
Valuation Analysis
Below Book Valuation: The market values Grid Dynamics Holdings Inc's assets below their book value (0.65 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Grid Dynamics Holdings Inc's assets grew by 36.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Grid Dynamics Holdings Inc (2017–2024)
The table below shows the annual total assets of Grid Dynamics Holdings Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $592.19 Million | +36.08% |
| 2023-12-31 | $435.17 Million | +5.84% |
| 2022-12-31 | $411.15 Million | +60.15% |
| 2021-12-31 | $256.72 Million | +53.60% |
| 2020-12-31 | $167.13 Million | +133.65% |
| 2019-12-31 | $71.53 Million | +71.43% |
| 2018-12-31 | $41.73 Million | +33.94% |
| 2017-12-31 | $31.15 Million | -- |