Dev Information Technology Limited (DEVIT) - Total Assets
Based on the latest financial reports, Dev Information Technology Limited (DEVIT) holds total assets worth Rs2.07 Billion INR (≈ $22.42 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.
Dev Information Technology Limited - Total Assets Trend (2012–2024)
This chart illustrates how Dev Information Technology Limited's total assets have evolved over time, based on quarterly financial data. Also see how much is Dev Information Technology Limited worth for the company's overall valuation and market capitalisation.
Dev Information Technology Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Dev Information Technology Limited's total assets of Rs2.07 Billion consist of 69.5% current assets and 30.6% non-current assets. Review Dev Information Technology Limited debt and liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs19.05 Million | 1.6% |
| Accounts Receivable | Rs745.57 Million | 61.1% |
| Inventory | Rs73.07 Million | 6.0% |
| Property, Plant & Equipment | Rs118.10 Million | 9.7% |
| Intangible Assets | Rs38.22 Million | 3.1% |
| Goodwill | Rs62.78 Million | 5.1% |
Asset Composition Trend (2012–2024)
This chart illustrates how Dev Information Technology Limited'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 Dev Information Technology Limited stock quote for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Dev Information Technology Limited's current assets represent 69.5% of total assets in 2024, a decrease from 73.1% in 2012.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2024, down from 4.4% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 61.1% of total assets.
Dev Information Technology Limited Competitors by Total Assets
Key competitors of Dev Information Technology Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
HCL Technologies Limited
NSE:HCLTECH
|
India | Rs1.12 Trillion |
|
Fidelity National Information Services Inc
NYSE:FIS
|
USA | $33.04 Billion |
|
Wavestone S.A.
PA:WAVE
|
France | €934.48 Million |
|
Asiainfo Security Technologies Corp. A
SHG:688225
|
China | CN¥11.18 Billion |
|
DATAGROUP SE
F:D6H
|
Germany | €537.33 Million |
|
Zhongtong Guomai Communication
SHG:603559
|
China | CN¥1.31 Billion |
|
ArcSoft Corp Ltd
SHG:688088
|
China | CN¥3.03 Billion |
|
Econocom Group SA/NV
BR:ECONB
|
Belgium | €2.38 Billion |
Dev Information Technology Limited - 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 | 1.73 | 2.25 | 2.10 |
| Quick Ratio | 1.58 | 2.08 | 1.93 |
| Cash Ratio | 0.04 | 0.17 | 0.20 |
| Working Capital | Rs360.33 Million | Rs417.08 Million | Rs222.82 Million |
Dev Information Technology Limited - Advanced Valuation Insights
This section examines the relationship between Dev Information Technology Limited'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 | 1.37 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 27.9% |
| Total Assets | Rs1.22 Billion |
| Market Capitalization | $14.10 Million USD |
Valuation Analysis
Below Book Valuation: The market values Dev Information Technology Limited's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Dev Information Technology Limited's assets grew by 27.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Dev Information Technology Limited (2012–2024)
The table below shows the annual total assets of Dev Information Technology Limited from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Rs1.22 Billion ≈ $13.20 Million |
+27.87% |
| 2023-12-31 | Rs954.86 Million ≈ $10.33 Million |
+40.96% |
| 2022-12-31 | Rs677.40 Million ≈ $7.33 Million |
+1.89% |
| 2021-12-31 | Rs664.81 Million ≈ $7.19 Million |
+5.57% |
| 2020-12-31 | Rs629.74 Million ≈ $6.81 Million |
+8.44% |
| 2019-12-31 | Rs580.74 Million ≈ $6.28 Million |
+3.33% |
| 2018-12-31 | Rs562.04 Million ≈ $6.08 Million |
+3.66% |
| 2017-12-31 | Rs542.21 Million ≈ $5.86 Million |
+24.84% |
| 2016-12-31 | Rs434.31 Million ≈ $4.70 Million |
+40.24% |
| 2015-12-31 | Rs309.69 Million ≈ $3.35 Million |
+15.21% |
| 2014-12-31 | Rs268.81 Million ≈ $2.91 Million |
-28.51% |
| 2013-12-31 | Rs375.98 Million ≈ $4.07 Million |
+52.72% |
| 2012-12-31 | Rs246.18 Million ≈ $2.66 Million |
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About Dev Information Technology Limited
Dev Information Technology Limited provides information technology enabled services in India, Europe, and internationally. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, enterprise devOps, and backup and recovery services; and managed IT services, such as managed digital workplace and data center support services, as well as applicatio… Read more