Ubiquitech Software (Ubiquitech Software) Total Assets : $0.20 Mil (As of Aug. 2023)

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What is Ubiquitech Software Total Assets?

Ubiquitech Software's Total Assets for the quarter that ended in Aug. 2023 was $0.20 Mil.

Total Assets is connected with ROA %. Ubiquitech Software's annualized ROA % for the quarter that ended in Aug. 2023 was -95.43%. Total Assets is also linked to Revenue through Asset Turnover. Ubiquitech Software's Asset Turnover for the quarter that ended in Aug. 2023 was 0.21.

Ubiquitech Software Total Assets Historical Data

The historical data trend for Ubiquitech Software'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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Ubiquitech Software Total Assets Chart

Ubiquitech Software Annual Data

Trend

Aug08

Total Assets

Ubiquitech Software Quarterly Data
	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug22	Aug23
Total Assets	Get a 7-Day Free Trial								-	-	-	-	0.20

Ubiquitech Software 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.

Ubiquitech Software's Total Assets for the fiscal year that ended in Aug. 2008 is calculated as

Total Assets	=	Total Equity (A: Aug. 2008 )	+	Total Liabilities (A: Aug. 2008 )
	=	-0.004	+	0.006
	=	0.00

Ubiquitech Software's Total Assets for the quarter that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2023 )	+	Total Liabilities (Q: Aug. 2023 )
	=	-1.431	+	1.627
	=	0.20

Ubiquitech Software (OTCPK:UBQU) Total Assets Explanation

Total Assets is connected with ROA %.

Ubiquitech Software's annualized ROA % for the quarter that ended in Aug. 2023 is

ROA %	=	Net Income (Q: Aug. 2023 )	/	( (Total Assets (Q: Aug. 2022 )	+	Total Assets (Q: Aug. 2023 ))	/ count )
	=	-0.188	/	( (0	+	0.197)	/ 1 )
	=	-0.188	/	0.197
	=	-95.43 %

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

Ubiquitech Software's Asset Turnover for the quarter that ended in Aug. 2023 is

	Asset Turnover
=	Revenue (Q: Aug. 2023 )	/	( (Total Assets (Q: Aug. 2022 )	+	Total Assets (Q: Aug. 2023 ))	/ count )
=	0.042	/	( (0	+	0.197)	/ 1 )
=	0.042	/	0.197
=	0.21

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.

Ubiquitech Software Total Assets Related Terms

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Ubiquitech Software (Ubiquitech Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ubiquitech Software Corp (OTCPK:UBQU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3570 East 12th Avenue, Denver, CO, USA, 80206

Website

https://www.cannazall.com

Ubiquitech Software Corp is a United States-based multi-media, multi-faceted company. It is engaged in utilizing global internet marketing, direct response television, radio, and traditional marketing to drive traffic to the new industries. The company also focuses on developing Cannabidiol (CBD) Hemp derived products. It owns the proprietary CBD brand CannazALL. The company offers the products through its internally designed and operated web portal www.cannazall.com.

Executives

Young Yuen

director, 10 percent owner, officer: CEO/Pres/Secretary/Treasurer

7435 S. EASTERN AVENUE, SUITE 5, LAS VEGAS NV 89123