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Universal Infotainment Systems (Universal Infotainment Systems) Total Assets : $0.07 Mil (As of Oct. 2009)


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What is Universal Infotainment Systems Total Assets?

Universal Infotainment Systems's Total Assets for the quarter that ended in Oct. 2009 was $0.07 Mil.

Total Assets is connected with ROA %. Universal Infotainment Systems's annualized ROA % for the quarter that ended in Oct. 2009 was -576.00%. Total Assets is also linked to Revenue through Asset Turnover. Universal Infotainment Systems's Asset Turnover for the quarter that ended in Oct. 2009 was 0.00.


Universal Infotainment Systems Total Assets Historical Data

The historical data trend for Universal Infotainment Systems'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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Universal Infotainment Systems Total Assets Chart

Universal Infotainment Systems Annual Data
Trend Apr08 Apr09
Total Assets
- 0.06

Universal Infotainment Systems Quarterly Data
Apr08 Jul08 Oct08 Apr09 Jul09 Oct09
Total Assets Get a 7-Day Free Trial 0.15 0.08 0.06 0.06 0.07

Universal Infotainment Systems 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.

Universal Infotainment Systems's Total Assets for the fiscal year that ended in Apr. 2009 is calculated as

Total Assets=Total Equity (A: Apr. 2009 )+Total Liabilities (A: Apr. 2009 )
=-0.146+0.207
=0.06

Universal Infotainment Systems's Total Assets for the quarter that ended in Oct. 2009 is calculated as

Total Assets=Total Equity (Q: Oct. 2009 )+Total Liabilities (Q: Oct. 2009 )
=-0.173+0.24
=0.07

* 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.


Universal Infotainment Systems  (OTCPK:UNIV) Total Assets Explanation

Total Assets is connected with ROA %.

Universal Infotainment Systems's annualized ROA % for the quarter that ended in Oct. 2009 is

ROA %=Net Income (Q: Oct. 2009 )/( (Total Assets (Q: Jul. 2009 )+Total Assets (Q: Oct. 2009 ))/ count )
=-0.36/( (0.058+0.067)/ 2 )
=-0.36/0.0625
=-576.00 %

Note: The Net Income data used here is four times the quarterly (Oct. 2009) 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.

Universal Infotainment Systems's Asset Turnover for the quarter that ended in Oct. 2009 is

Asset Turnover
=Revenue (Q: Oct. 2009 )/( (Total Assets (Q: Jul. 2009 )+Total Assets (Q: Oct. 2009 ))/ count )
=0/( (0.058+0.067)/ 2 )
=0/0.0625
=0.00

* 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.

Universal Infotainment Systems Total Assets Related Terms

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Universal Infotainment Systems (Universal Infotainment Systems) Business Description

Traded in Other Exchanges
N/A
Address
4728 Cepa Lane, Tucson, AZ, USA, 85741
Universal Infotainment Systems Corp is a development stage company.

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