Gogo Inc
Gogo Inc., together with its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. The company's product platform includes networks, antennas, and airborne equipment and software. The company offers in-flight systems; in-flight services; aviation partner support; and engineering, design, and development services, as well as produ… Read more
Gogo Inc (GOGO) - Total Assets
Latest total assets as of September 2025: $1.30 Billion USD
Based on the latest financial reports, Gogo Inc (GOGO) holds total assets worth $1.30 Billion 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.
Gogo Inc - Total Assets Trend (2009–2024)
This chart illustrates how Gogo Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Gogo Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Gogo Inc's total assets of $1.30 Billion consist of 26.3% current assets and 73.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.4% |
| Accounts Receivable | $143.42 Million | 11.7% |
| Inventory | $97.93 Million | 8.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $275.33 Million | 22.4% |
| Goodwill | $184.83 Million | 15.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Gogo 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: Gogo Inc's current assets represent 26.3% of total assets in 2024, a decrease from 31.1% in 2009.
- Cash Position: Cash and equivalents constituted 3.4% of total assets in 2024, down from 24.9% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 37.0% of total assets, an increase from 22.0% in 2009.
- Asset Diversification: The largest asset category is intangible assets at 22.4% of total assets.
Gogo Inc Competitors by Total Assets
Key competitors of Gogo Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
XOX Technology Bhd
KLSE:0017
|
Malaysia | RM95.64 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
China | CN¥1.41 Billion |
|
Net263 Ltd
SHE:002467
|
China | CN¥2.46 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
China | CN¥21.50 Billion |
|
Redtone International Bhd
KLSE:0032
|
Malaysia | RM403.21 Million |
|
Inscobee
KO:006490
|
Korea | ₩77.14 Billion |
|
Green Packet Bhd
KLSE:0082
|
Malaysia | RM167.93 Million |
|
mTouche Technology Bhd
KLSE:0092
|
Malaysia | RM83.52 Million |
Gogo 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
Lower asset utilization - Gogo Inc generates 0.36x 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, Gogo Inc generates $ 1.12 in net profit.
Gogo 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 | 1.74 | 3.58 | 1.17 |
| Quick Ratio | 1.40 | 2.81 | 1.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $179.88 Million | $ 250.40 Million | $ 74.09 Million |
Gogo Inc - Advanced Valuation Insights
This section examines the relationship between Gogo 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 | 4.98 |
| Latest Market Cap to Assets Ratio | 0.38 |
| Asset Growth Rate (YoY) | 57.3% |
| Total Assets | $1.23 Billion |
| Market Capitalization | $463.72 Million USD |
Valuation Analysis
Below Book Valuation: The market values Gogo Inc's assets below their book value (0.38 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Gogo Inc's assets grew by 57.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Gogo Inc (2009–2024)
The table below shows the annual total assets of Gogo Inc from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.23 Billion | +57.28% |
| 2023-12-31 | $781.54 Million | +2.90% |
| 2022-12-31 | $759.53 Million | +17.27% |
| 2021-12-31 | $647.69 Million | -3.85% |
| 2020-12-31 | $673.59 Million | -44.55% |
| 2019-12-31 | $1.21 Billion | -3.98% |
| 2018-12-31 | $1.27 Billion | -9.84% |
| 2017-12-31 | $1.40 Billion | +12.60% |
| 2016-12-31 | $1.25 Billion | +24.08% |
| 2015-12-31 | $1.00 Billion | +30.84% |
| 2014-12-31 | $767.64 Million | +11.41% |
| 2013-12-31 | $689.00 Million | +59.45% |
| 2012-12-31 | $432.12 Million | +51.28% |
| 2011-12-31 | $285.64 Million | +20.55% |
| 2010-12-31 | $236.94 Million | -13.79% |
| 2009-12-31 | $274.85 Million | -- |