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Thoughtworks Holding (Thoughtworks Holding) Total Assets : $1,269 Mil (As of Mar. 2024)


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What is Thoughtworks Holding Total Assets?

Thoughtworks Holding's Total Assets for the quarter that ended in Mar. 2024 was $1,269 Mil.

During the past 12 months, Thoughtworks Holding's average Total Assets Growth Rate was -4.40% per year. During the past 3 years, the average Total Assets Growth Rate was 7.60% per year.

During the past 5 years, Thoughtworks Holding's highest 3-Year average Total Assets Growth Rate was 9.20%. The lowest was 7.60%. And the median was 8.40%.

Total Assets is connected with ROA %. Thoughtworks Holding's annualized ROA % for the quarter that ended in Mar. 2024 was -9.52%. Total Assets is also linked to Revenue through Asset Turnover. Thoughtworks Holding's Asset Turnover for the quarter that ended in Mar. 2024 was 0.19.


Thoughtworks Holding Total Assets Historical Data

The historical data trend for Thoughtworks Holding's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Thoughtworks Holding Total Assets Chart

Thoughtworks Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
1,028.65 1,475.22 1,481.86 1,461.85 1,327.24

Thoughtworks Holding Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,360.70 1,327.23 1,312.75 1,327.24 1,268.52

Thoughtworks Holding Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Thoughtworks Holding's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=773.13+554.106
=1,327

Thoughtworks Holding's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=753.356+515.164
=1,269

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Thoughtworks Holding  (NAS:TWKS) Total Assets Explanation

Total Assets is connected with ROA %.

Thoughtworks Holding's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-123.528/( (1327.236+1268.52)/ 2 )
=-123.528/1297.878
=-9.52 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Thoughtworks Holding's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=248.593/( (1327.236+1268.52)/ 2 )
=248.593/1297.878
=0.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Thoughtworks Holding Total Assets Related Terms

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Thoughtworks Holding (Thoughtworks Holding) Business Description

Traded in Other Exchanges
Address
200 East Randolph Street, 25th Floor, Chicago, IL, USA, 60601
Thoughtworks Holding Inc is a global technology consultancy that integrates strategy, design and software engineering to enable enterprises and technology disruptors across the globe to thrive as modern digital businesses. Its global service lines include Enterprise Modernization, Platforms and Cloud; Customer Experience, Product and Design; Data and Artificial Intelligence (AI), and Digital Transformation and Operations. Geographically, it derives a majority of its revenue from North America and also has a presence in APAC; Europe, and LATAM.
Executives
Joanna Parke officer: Chief Talent Officer C/O TURING HOLDING CORP., 200 EAST RANDOLPH STREET, 25TH FLOOR, CHICAGO IL 60601
Sudhir Tiwari officer: See Remarks 300 EAST RANDOLPH STREET, 25TH FLOOR, CHICAGO IL 60601
Erin Cummins officer: Chief Financial Officer C/O TURING HOLDING CORP., 200 EAST RANDOLPH STREET, 25TH FLOOR, CHICAGO IL 60601
Guo Xiao director, officer: Chief Executive Officer C/O TURING HOLDING CORP., 200 EAST RANDOLPH STREET, 25TH FLOOR, CHICAGO IL 60601
Ian Davis director JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Christopher Gerard Murphy officer: See Remarks C/O TURING HOLDING CORP., 200 EAST RANDOLPH STREET, 25TH FLOOR, CHICAGO IL 60601
Sai Krishna Mandapaty officer: Chief Commercial Officer C/O TURING HOLDING CORP., 200 EAST RANDOLPH STREET, 25TH FLOOR, CHICAGO IL 60601
Julie Woods-moss officer: Chief Marketing Officer C/O TURING HOLDING CORP., 200 EAST RANDOLPH STREET, 25TH FLOOR, CHICAGO IL 60601
Angela Ferguson officer: Chief Transformation Officer C/O TURING HOLDING CORP., 200 EAST RANDOLPH STREET, 25TH FLOOR, CHICAGO IL 60601
William G Parrett director THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Ramona Mateiu officer: See Remarks C/O TURING HOLDING CORP., 200 EAST RANDOLPH STREET, 25TH FLOOR, CHICAGO IL 60601
Chad-affonso Wathington officer: Chief Strategy Officer C/O TURING HOLDING CORP., 200 EAST RANDOLPH STREET, 25TH FLOOR, CHICAGO IL 60601
Rebecca J Parsons officer: Chief Technology Officer C/O TURING HOLDING CORP., 200 EAST RANDOLPH STREET, 25TH FLOOR, CHICAGO IL 60601
Rohan Haldea director C/O TURING HOLDING CORP., 200 EAST RANDOLPH STREET, 25TH FLOOR, CHICAGO IL 60601
Turing Gp Co. Ltd 10 percent owner 200 EAST RANDOLPH STREET, 25TH FLOOR, CHICAGO IL 60601