ULSP (Ultimate Sports Entertainment) Total Assets: $0.03 Mil (As of Oct. 2002)


What is Ultimate Sports Entertainment Total Assets?

Ultimate Sports Entertainment ULSP Total Assets is $0.03 Mil as of Oct. 2002.

Ultimate Sports Entertainment's Total Assets for the quarter that ended in Oct. 2002 was $0.03 Mil.

Total Assets is connected with ROA %. Ultimate Sports Entertainment's annualized ROA % for the quarter that ended in Oct. 2002 was 7.31%. Total Assets is also linked to Revenue through Asset Turnover. Ultimate Sports Entertainment's Asset Turnover for the quarter that ended in Oct. 2002 was 3.57.

Ultimate Sports Entertainment  (OTCPK:ULSP) Total Assets Explanation

Total Assets is connected with ROA %.

Ultimate Sports Entertainment's annualized ROA % for the quarter that ended in Oct. 2002 is

ROA %=Net Income (Q: Oct. 2002 )/( (Total Assets (Q: Jul. 2002 )+Total Assets (Q: Oct. 2002 ))/ count )
=0.008/( (0.187+0.032)/ 2 )
=0.008/0.1095
=7.31 %

Note: The Net Income data used here is four times the quarterly (Oct. 2002) 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.

Ultimate Sports Entertainment's Asset Turnover for the quarter that ended in Oct. 2002 is

Asset Turnover
=Revenue (Q: Oct. 2002 )/( (Total Assets (Q: Jul. 2002 )+Total Assets (Q: Oct. 2002 ))/ count )
=0.391/( (0.187+0.032)/ 2 )
=0.391/0.1095
=3.57

* 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.

Ultimate Sports Entertainment Total Assets Related Terms

Ultimate Sports Entertainment Total Assets Historical Data

* Premium members only.

The historical data trend for Ultimate Sports Entertainment'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.

Ultimate Sports Entertainment Total Assets Chart

Ultimate Sports Entertainment Annual Data
Trend Jan00 Jan01 Jan02
Total Assets
0.21 0.00 0.10

Ultimate Sports Entertainment Quarterly Data
Jan00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.10 0.09 0.19 0.03

Ultimate Sports Entertainment 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.

Ultimate Sports Entertainment's Total Assets for the fiscal year that ended in Jan. 2002 is calculated as

Total Assets=Total Equity (A: Jan. 2002 )+Total Liabilities (A: Jan. 2002 )
=-2.467+2.57
=0.10

Ultimate Sports Entertainment's Total Assets for the quarter that ended in Oct. 2002 is calculated as

Total Assets=Total Equity (Q: Oct. 2002 )+Total Liabilities (Q: Oct. 2002 )
=-2.895+2.927
=0.03

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.03 Mil mean?
Ultimate Sports Entertainment (ULSP) has a Total Assets of $0.03 Mil as of Oct. 2002. The total amount of assets as recorded on a company's balance sheet. View historical data on Ultimate Sports Entertainment and its competitors.
Is Ultimate Sports Entertainment's Total Assets too high?
Ultimate Sports Entertainment's current Total Assets is $0.03 Mil.
How does Ultimate Sports Entertainment's Total Assets compare to GPIW and FRLF?
Ultimate Sports Entertainment's Total Assets of $0.03 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Media - Diversified company?
A good Total Assets depends on the Media - Diversified industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Ultimate Sports Entertainment and its competitors. Ultimate Sports Entertainment's current Total Assets is $0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Sports Entertainment stock overvalued right now?
Ultimate Sports Entertainment (ULSP) has a current Total Assets of $0.03 Mil. The current Total Assets is $0.03 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Ultimate Sports Entertainment (ULSP), the current Total Assets is $0.03 Mil as of Oct. 2002. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ultimate Sports Entertainment Business Description