UMAX (Umax Group) Total Assets: $0.02 Mil (As of Apr. 2018)


What is Umax Group Total Assets?

Umax Group UMAX -99.50% Total Assets is $0.02 Mil as of Apr. 2018.

Umax Group's Total Assets for the quarter that ended in Apr. 2018 was $0.02 Mil.

Total Assets is connected with ROA %. Umax Group's annualized ROA % for the quarter that ended in Apr. 2018 was -211.96%. Total Assets is also linked to Revenue through Asset Turnover. Umax Group's Asset Turnover for the quarter that ended in Apr. 2018 was 0.03.

Umax Group  (OTCPK:UMAX) Total Assets Explanation

Total Assets is connected with ROA %.

Umax Group's annualized ROA % for the quarter that ended in Apr. 2018 is

ROA %=Net Income (Q: Apr. 2018 )/( (Total Assets (Q: Apr. 2017 )+Total Assets (Q: Apr. 2018 ))/ count )
=-0.319/( (0.28+0.021)/ 2 )
=-0.319/0.1505
=-211.96 %

Note: The Net Income data used here is one times the annual (Apr. 2018) 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.

Umax Group's Asset Turnover for the quarter that ended in Apr. 2018 is

Asset Turnover
=Revenue (Q: Apr. 2018 )/( (Total Assets (Q: Apr. 2017 )+Total Assets (Q: Apr. 2018 ))/ count )
=0.004/( (0.28+0.021)/ 2 )
=0.004/0.1505
=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.

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.

Umax Group Total Assets Related Terms

Umax Group Total Assets Historical Data

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The historical data trend for Umax Group'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.

Umax Group Total Assets Chart

Umax Group Annual Data
Trend Apr12 Apr13 Apr17 Apr18
Total Assets
0.02 0.00 0.28 0.02

Umax Group Semi-Annual Data
Apr12 Apr13 Apr17 Apr18
Total Assets 0.02 0.00 0.28 0.02

Umax Group 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.

Umax Group's Total Assets for the fiscal year that ended in Apr. 2018 is calculated as

Total Assets=Total Equity (A: Apr. 2018 )+Total Liabilities (A: Apr. 2018 )
=-0.071+0.093
=0.02

Umax Group's Total Assets for the quarter that ended in Apr. 2018 is calculated as

Total Assets=Total Equity (Q: Apr. 2018 )+Total Liabilities (Q: Apr. 2018 )
=-0.071+0.093
=0.02

* 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 $0.02 Mil mean?
Umax Group (UMAX) has a Total Assets of $0.02 Mil as of Apr. 2018. The total amount of assets as recorded on a company's balance sheet. View historical data on Umax Group and its competitors.
Is Umax Group's Total Assets too high?
Umax Group's current Total Assets is $0.02 Mil.
How does Umax Group's Total Assets compare to CSSEQ and NFLX?
Umax Group's Total Assets of $0.02 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 Umax Group and its competitors. Umax Group's current Total Assets is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Umax Group stock overvalued right now?
Umax Group (UMAX) has a current Total Assets of $0.02 Mil. The current Total Assets is $0.02 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 Umax Group (UMAX), the current Total Assets is $0.02 Mil as of Apr. 2018. 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.

Umax Group Business Description

Address 2020 Bay Street, Los Angeles, CA, USA, 90012
Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.