Gogoro Inc
Gogoro Inc., together with its subsidiaries, engages in the research, development, manufacture, sale, and distribution of electric scooters and bikes, and electric scooter enabling components in Taiwan, India, and internationally. The company offers consulting services; battery swapping services, including the Swap & Go battery swapping platform that delivers full power to electric-powered four-w… Read more
Gogoro Inc (GGR) - Total Assets
Latest total assets as of September 2025: $702.02 Million USD
Based on the latest financial reports, Gogoro Inc (GGR) holds total assets worth $702.02 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.
Gogoro Inc - Total Assets Trend (2019–2024)
This chart illustrates how Gogoro Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gogoro Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Gogoro Inc's total assets of $702.02 Million consist of 29.0% current assets and 71.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.7% |
| Accounts Receivable | $16.98 Million | 2.4% |
| Inventory | $44.97 Million | 6.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Gogoro 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: Gogoro Inc's current assets represent 29.0% of total assets in 2024, a decrease from 50.6% in 2019.
- Cash Position: Cash and equivalents constituted 16.7% of total assets in 2024, down from 27.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 6.4% of total assets.
Gogoro Inc Competitors by Total Assets
Key competitors of Gogoro Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ellwee AB
ST:ELLWEE
|
Sweden | Skr5.80 Million |
|
Kia Corp
KO:000270
|
Korea | ₩97.98 Trillion |
|
Weichai Power Co Ltd Class A
SHE:000338
|
China | CN¥364.32 Billion |
|
Haima Automobile Group Co Ltd
SHE:000572
|
China | CN¥4.80 Billion |
|
Chongqing Changan Automobile Co Ltd
SHE:000625
|
China | CN¥185.63 Billion |
|
Faw Car Co Ltd
SHE:000800
|
China | CN¥76.20 Billion |
|
Anhui Ankai Automobile Co Ltd
SHE:000868
|
China | CN¥4.25 Billion |
|
Kunming Yunnei Power Co Ltd
SHE:000903
|
China | CN¥10.27 Billion |
Gogoro 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 - Gogoro Inc generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Gogoro Inc is currently not profitable relative to its asset base.
Gogoro 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 | 0.95 | 1.29 | 1.72 |
| Quick Ratio | 0.77 | 1.02 | 1.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-10.75 Million | $ 61.49 Million | $ 148.67 Million |
Gogoro Inc - Advanced Valuation Insights
This section examines the relationship between Gogoro 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 | 0.34 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -16.0% |
| Total Assets | $700.43 Million |
| Market Capitalization | $34.55 Million USD |
Valuation Analysis
Below Book Valuation: The market values Gogoro Inc's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Gogoro Inc's assets decreased by 16.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Gogoro Inc (2019–2024)
The table below shows the annual total assets of Gogoro Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $700.43 Million | -16.04% |
| 2023-12-31 | $834.23 Million | -4.49% |
| 2022-12-31 | $873.42 Million | +3.44% |
| 2021-12-31 | $844.40 Million | +6.81% |
| 2020-12-31 | $790.59 Million | +17.07% |
| 2019-12-31 | $675.30 Million | -- |