Gulf Coast Ultra Deep Royalty Trust (Gulf Coast Ultra Deep Royalty Trust) Total Assets : $1.16 Mil (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Gulf Coast Ultra Deep Royalty Trust Total Assets?

Gulf Coast Ultra Deep Royalty Trust's Total Assets for the quarter that ended in Dec. 2023 was $1.16 Mil.

During the past 12 months, Gulf Coast Ultra Deep Royalty Trust's average Total Assets Growth Rate was -20.00% per year. During the past 3 years, the average Total Assets Growth Rate was -12.50% per year. During the past 5 years, the average Total Assets Growth Rate was -12.40% per year. During the past 10 years, the average Total Assets Growth Rate was -39.80% per year.

During the past 12 years, Gulf Coast Ultra Deep Royalty Trust's highest 3-Year average Total Assets Growth Rate was -9.30%. The lowest was -77.20%. And the median was -22.25%.

Total Assets is connected with ROA %. Gulf Coast Ultra Deep Royalty Trust's annualized ROA % for the quarter that ended in Dec. 2023 was -86.77%. Total Assets is also linked to Revenue through Asset Turnover. Gulf Coast Ultra Deep Royalty Trust's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Gulf Coast Ultra Deep Royalty Trust Total Assets Historical Data

The historical data trend for Gulf Coast Ultra Deep Royalty Trust'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.

Gulf Coast Ultra Deep Royalty Trust Total Assets Chart

Gulf Coast Ultra Deep Royalty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

2.28

1.99

2.27

2.31

1.16

Gulf Coast Ultra Deep Royalty Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															2.31	1.58	1.24	1.15	1.16

Gulf Coast Ultra Deep Royalty Trust 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.

Gulf Coast Ultra Deep Royalty Trust'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 )
	=	0.044	+	1.116
	=	1.16

Gulf Coast Ultra Deep Royalty Trust's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	0.044	+	1.116
	=	1.16

Gulf Coast Ultra Deep Royalty Trust (OTCPK:GULTU) Total Assets Explanation

Total Assets is connected with ROA %.

Gulf Coast Ultra Deep Royalty Trust's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-1	/	( (1.145	+	1.16)	/ 2 )
	=	-1	/	1.1525
	=	-86.77 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Gulf Coast Ultra Deep Royalty Trust's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (1.145	+	1.16)	/ 2 )
=	0	/	1.1525
=	0.00

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.

Gulf Coast Ultra Deep Royalty Trust Total Assets Related Terms

Thank you for viewing the detailed overview of Gulf Coast Ultra Deep Royalty Trust's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Gulf Coast Ultra Deep Royalty Trust (Gulf Coast Ultra Deep Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gulf Coast Ultra Deep Royalty Trust (OTCPK:GULTU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Travis Street, 16th Floor, Houston, TX, USA, 77002

Website

https://gultu.q4web.com

Gulf Coast Ultra Deep Royalty Trust is a statutory trust. It holds overriding royalty interests in future production from each of McMoRan Oil & Gas LLC's Inboard Lower Tertiary/Cretaceous exploration prospects located in South Louisiana. The Royalty Trust holds short-term investments acquired with funds that it holds for the payment of its administrative and other expenses. The company's subject interests consist of approximately Inboard Lower Tertiary/Cretaceous. Its offshore subject interests consist of exploration prospects, including Barataria; Barbosa; Blackbeard East; Blackbeard West; Bonnet; Calico Jack; Captain Blood; Davy Jones; Davy Jones West; Drake; England; Hook and Hurricane, Lafitte, Morgan. The onshore subject interests consist of Highlander, Lineham Creek, and Tortuga.

Executives

Magnolia Oil & Gas Corp	10 percent owner	NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Montex Highlander, Llc	10 percent owner	420 THROCKMORTON STREET, SUITE 550, FORT WORTH TX 76102
Neil S Subin	10 percent owner	2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Freeport Mcmoran Copper & Gold Inc	10 percent owner	333 NORTH CENTRAL AVENUE, PHOENIX AZ 85004
Highlander Oil & Gas Assets Llc	10 percent owner	NINE GREENWAY PLAZA, SUITE 1400, HOUSTON TX 77046
Miller Lloyd I Iii	10 percent owner
Mount Kellett Capital Management Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fig Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105
Fortress Investment Group Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fortress Operating Entity I Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fig Corp.	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fortress Mk Advisors Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Leon G Cooperman	10 percent owner	7118 MELROSE CASTLE LANE, BOCA RATON FL 33496

Gulf Coast Ultra Deep Royalty Trust (Gulf Coast Ultra Deep Royalty Trust) Headlines

No Headlines