UC Asset LP (UC Asset LP) Total Assets : $8.64 Mil (As of Sep. 2021)

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What is UC Asset LP Total Assets?

UC Asset LP's Total Assets for the quarter that ended in Sep. 2021 was $8.64 Mil.

Total Assets is connected with ROA %. UC Asset LP's annualized ROA % for the quarter that ended in Sep. 2021 was -25.56%. Total Assets is also linked to Revenue through Asset Turnover. UC Asset LP's Asset Turnover for the quarter that ended in Sep. 2021 was -0.03.

UC Asset LP Total Assets Historical Data

The historical data trend for UC Asset LP'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.

UC Asset LP Total Assets Chart

UC Asset LP Annual Data

Trend

Dec18

Dec19

Dec20

Total Assets

8.40

8.86

8.98

UC Asset LP Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Total Assets	Get a 7-Day Free Trial						-	8.98	8.81	9.14	8.64

UC Asset LP 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.

UC Asset LP's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets	=	Total Equity (A: Dec. 2020 )	+	Total Liabilities (A: Dec. 2020 )
	=	8.923	+	0.058
	=	8.98

UC Asset LP's Total Assets for the quarter that ended in Sep. 2021 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2021 )	+	Total Liabilities (Q: Sep. 2021 )
	=	8.097	+	0.545
	=	8.64

UC Asset LP (OTCPK:UCASU) Total Assets Explanation

Total Assets is connected with ROA %.

UC Asset LP's annualized ROA % for the quarter that ended in Sep. 2021 is

ROA %	=	Net Income (Q: Sep. 2021 )	/	( (Total Assets (Q: Jun. 2021 )	+	Total Assets (Q: Sep. 2021 ))	/ count )
	=	-2.272	/	( (9.137	+	8.642)	/ 2 )
	=	-2.272	/	8.8895
	=	-25.56 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) 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.

UC Asset LP's Asset Turnover for the quarter that ended in Sep. 2021 is

	Asset Turnover
=	Revenue (Q: Sep. 2021 )	/	( (Total Assets (Q: Jun. 2021 )	+	Total Assets (Q: Sep. 2021 ))	/ count )
=	-0.246	/	( (9.137	+	8.642)	/ 2 )
=	-0.246	/	8.8895
=	-0.03

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.

UC Asset LP Total Assets Related Terms

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