The Ultimate Software Group (The Ultimate Software Group) Total Assets : $2,716 Mil (As of Mar. 2019)

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What is The Ultimate Software Group Total Assets?

The Ultimate Software Group's Total Assets for the quarter that ended in Mar. 2019 was $2,716 Mil.

Total Assets is connected with ROA %. The Ultimate Software Group's annualized ROA % for the quarter that ended in Mar. 2019 was 2.27%. Total Assets is also linked to Revenue through Asset Turnover. The Ultimate Software Group's Asset Turnover for the quarter that ended in Mar. 2019 was 0.14.

The Ultimate Software Group Total Assets Historical Data

The historical data trend for The Ultimate Software Group'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.

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The Ultimate Software Group Total Assets Chart

The Ultimate Software Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Assets

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1,190.30

1,465.57

1,134.69

1,377.21

1,920.72

The Ultimate Software Group Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Total Assets	Get a 7-Day Free Trial															2,057.52	1,560.02	1,810.59	1,920.72	2,716.27

The Ultimate Software Group 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.

The Ultimate Software Group's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets	=	Total Equity (A: Dec. 2018 )	+	Total Liabilities (A: Dec. 2018 )
	=	844.978	+	1075.739
	=	1,921

The Ultimate Software Group's Total Assets for the quarter that ended in Mar. 2019 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2019 )	+	Total Liabilities (Q: Mar. 2019 )
	=	826.349	+	1889.922
	=	2,716

The Ultimate Software Group (NAS:ULTI) Total Assets Explanation

Total Assets is connected with ROA %.

The Ultimate Software Group's annualized ROA % for the quarter that ended in Mar. 2019 is

ROA %	=	Net Income (Q: Mar. 2019 )	/	( (Total Assets (Q: Dec. 2018 )	+	Total Assets (Q: Mar. 2019 ))	/ count )
	=	52.704	/	( (1920.717	+	2716.271)	/ 2 )
	=	52.704	/	2318.494
	=	2.27 %

Note: The Net Income data used here is four times the quarterly (Mar. 2019) 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.

The Ultimate Software Group's Asset Turnover for the quarter that ended in Mar. 2019 is

	Asset Turnover
=	Revenue (Q: Mar. 2019 )	/	( (Total Assets (Q: Dec. 2018 )	+	Total Assets (Q: Mar. 2019 ))	/ count )
=	335.005	/	( (1920.717	+	2716.271)	/ 2 )
=	335.005	/	2318.494
=	0.14

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.

The Ultimate Software Group Total Assets Related Terms

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The Ultimate Software Group (The Ultimate Software Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Ultimate Software Group Inc (NAS:ULTI) » Definitions » Total Assets

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N/A

Address

2000 Ultimate Way, Weston, FL, USA, 33326

Website

http://www.ultimatesoftware.com

The Ultimate Software Group is a provider of human capital management software solutions. The firm's UltiPro product suite includes human resources, payroll, and benefits management functionality, available in 12 languages and 35 country-specific localizations. Its solutions manage the complete employee lifecycle from recruitment to retirement, and include talent acquisition and onboarding, performance management, salary planning, budgeting, succession management, reporting, and analytical capabilities. The firm generates revenue through cloud subscription fees and implementation consulting services fees. All of the firm's revenue is generated in the United States and Canada.

Executives