Corporate Universe (Corporate Universe) Total Assets : $2.50 Mil (As of Sep. 2023)

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What is Corporate Universe Total Assets?

Corporate Universe's Total Assets for the quarter that ended in Sep. 2023 was $2.50 Mil.

During the past 12 months, Corporate Universe's average Total Assets Growth Rate was -7.90% per year. During the past 3 years, the average Total Assets Growth Rate was -0.80% per year.

During the past 5 years, Corporate Universe's highest 3-Year average Total Assets Growth Rate was -0.80%. The lowest was -11.60%. And the median was -6.20%.

Total Assets is connected with ROA %. Corporate Universe's annualized ROA % for the quarter that ended in Sep. 2023 was -139.66%. Total Assets is also linked to Revenue through Asset Turnover. Corporate Universe's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Corporate Universe Total Assets Historical Data

The historical data trend for Corporate Universe'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.

Corporate Universe Total Assets Chart

Corporate Universe Annual Data

Trend

Mar00

Mar01

Dec20

Dec21

Dec22

Total Assets

3.22

2.11

0.88

2.13

2.42

Corporate Universe Quarterly Data
	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															2.29	2.42	2.05	1.99	2.50

Corporate Universe 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.

Corporate Universe's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	-1.442	+	3.861
	=	2.42

Corporate Universe's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	-2.569	+	5.07
	=	2.50

Corporate Universe (OTCPK:COUV) Total Assets Explanation

Total Assets is connected with ROA %.

Corporate Universe's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-3.136	/	( (1.991	+	2.5)	/ 2 )
	=	-3.136	/	2.2455
	=	-139.66 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Corporate Universe's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0	/	( (1.991	+	2.5)	/ 2 )
=	0	/	2.2455
=	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.

Corporate Universe Total Assets Related Terms

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Corporate Universe (Corporate Universe) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Corporate Universe Inc (OTCPK:COUV) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2093 Philadelphia Pike, Suite 8334, Claymont, DE, USA, 33431

Website

http://www.corpuniverse.com

Corporate Universe Inc along with its subsidiaries is engaged in developing next generation supercapacitor technology aimed at the grid and other energy storage applications.