UMLS (Ultimate Lifestyle) Total Assets: $56.8 Mil (As of Jun. 2001)


What is Ultimate Lifestyle Total Assets?

Ultimate Lifestyle UMLS Total Assets is $56.8 Mil as of Jun. 2001.

Ultimate Lifestyle's Total Assets for the quarter that ended in Jun. 2001 was $56.8 Mil.

Total Assets is connected with ROA %. Ultimate Lifestyle's annualized ROA % for the quarter that ended in Jun. 2001 was -20.30%. Total Assets is also linked to Revenue through Asset Turnover. Ultimate Lifestyle's Asset Turnover for the quarter that ended in Jun. 2001 was 0.54.

Ultimate Lifestyle  (OTCPK:UMLS) Total Assets Explanation

Total Assets is connected with ROA %.

Ultimate Lifestyle's annualized ROA % for the quarter that ended in Jun. 2001 is

ROA %=Net Income (Q: Jun. 2001 )/( (Total Assets (Q: Mar. 2001 )+Total Assets (Q: Jun. 2001 ))/ count )
=-13.316/( (74.396+56.808)/ 2 )
=-13.316/65.602
=-20.30 %

Note: The Net Income data used here is four times the quarterly (Jun. 2001) 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 Lifestyle's Asset Turnover for the quarter that ended in Jun. 2001 is

Asset Turnover
=Revenue (Q: Jun. 2001 )/( (Total Assets (Q: Mar. 2001 )+Total Assets (Q: Jun. 2001 ))/ count )
=35.277/( (74.396+56.808)/ 2 )
=35.277/65.602
=0.54

* 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 Lifestyle Total Assets Related Terms

Ultimate Lifestyle Total Assets Historical Data

* Premium members only.

The historical data trend for Ultimate Lifestyle'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 Lifestyle Total Assets Chart

Ultimate Lifestyle Annual Data
Trend Apr98 Dec99 Dec00
Total Assets
0.00 173.62 79.91

Ultimate Lifestyle Quarterly Data
Jul97 Oct97 Jan98 Apr98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 116.80 112.74 79.91 74.40 56.81

Ultimate Lifestyle 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 Lifestyle's Total Assets for the fiscal year that ended in Dec. 2000 is calculated as

Total Assets=Total Equity (A: Dec. 2000 )+Total Liabilities (A: Dec. 2000 )
=-9.383+89.29
=79.9

Ultimate Lifestyle's Total Assets for the quarter that ended in Jun. 2001 is calculated as

Total Assets=Total Equity (Q: Jun. 2001 )+Total Liabilities (Q: Jun. 2001 )
=-17.318+74.126
=56.8

* 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 $56.8 Mil mean?
Ultimate Lifestyle (UMLS) has a Total Assets of $56.8 Mil as of Jun. 2001. The total amount of assets as recorded on a company's balance sheet. View historical data on Ultimate Lifestyle and its competitors.
Is Ultimate Lifestyle's Total Assets too high?
Ultimate Lifestyle's current Total Assets is $56.8 Mil.
How does Ultimate Lifestyle's Total Assets compare to FCHAF and CRFQF?
Ultimate Lifestyle's Total Assets of $56.8 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Total Assets depends on the Real Estate 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 Lifestyle and its competitors. Ultimate Lifestyle's current Total Assets is $56.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Lifestyle stock overvalued right now?
Ultimate Lifestyle (UMLS) has a current Total Assets of $56.8 Mil. The current Total Assets is $56.8 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 Lifestyle (UMLS), the current Total Assets is $56.8 Mil as of Jun. 2001. 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 Lifestyle Business Description

Address 375 North Stephanie Street, Suite 1411, Hendersen, NV, USA, 89014-8909
Ultimate Lifestyle Corp offers offers a share in luxurious and exclusive vacation homes either on full-time or shared ownership basis.