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United Energy (United Energy) Total Assets : $0.73 Mil (As of Dec. 2010)


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What is United Energy Total Assets?

United Energy's Total Assets for the quarter that ended in Dec. 2010 was $0.73 Mil.

Total Assets is connected with ROA %. United Energy's annualized ROA % for the quarter that ended in Dec. 2010 was -113.11%. Total Assets is also linked to Revenue through Asset Turnover. United Energy's Asset Turnover for the quarter that ended in Dec. 2010 was 0.13.


United Energy Total Assets Historical Data

The historical data trend for United Energy'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.

United Energy Total Assets Chart

United Energy Annual Data
Trend Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 5.99 3.65 1.90 0.93

United Energy Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.09 1.12 1.06 1.02 0.73

United Energy 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.

United Energy's Total Assets for the fiscal year that ended in Mar. 2009 is calculated as

Total Assets=Total Equity (A: Mar. 2009 )+Total Liabilities (A: Mar. 2009 )
=0.451+0.482
=0.93

United Energy's Total Assets for the quarter that ended in Dec. 2010 is calculated as

Total Assets=Total Equity (Q: Dec. 2010 )+Total Liabilities (Q: Dec. 2010 )
=-0.295+1.026
=0.73

* 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.


United Energy  (OTCPK:UNRG) Total Assets Explanation

Total Assets is connected with ROA %.

United Energy's annualized ROA % for the quarter that ended in Dec. 2010 is

ROA %=Net Income (Q: Dec. 2010 )/( (Total Assets (Q: Sep. 2010 )+Total Assets (Q: Dec. 2010 ))/ count )
=-0.988/( (1.016+0.731)/ 2 )
=-0.988/0.8735
=-113.11 %

Note: The Net Income data used here is four times the quarterly (Dec. 2010) 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.

United Energy's Asset Turnover for the quarter that ended in Dec. 2010 is

Asset Turnover
=Revenue (Q: Dec. 2010 )/( (Total Assets (Q: Sep. 2010 )+Total Assets (Q: Dec. 2010 ))/ count )
=0.11/( (1.016+0.731)/ 2 )
=0.11/0.8735
=0.13

* 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.

United Energy Total Assets Related Terms

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United Energy (United Energy) Business Description

Traded in Other Exchanges
N/A
Address
101 East Park Boulevard, 6th Floor, Plano, TX, USA, 75074
United Energy Corp is engaged in the exploration and production of oil and natural gas properties. The company's holdings include assets and operations in Texas, Oklahoma, Kansas, and Louisiana.
Executives
Jack Silver director, 10 percent owner 660 MADISON AVENUE, NEW YORK NY 10021
Adam Hershey director 140 RIVERSIDE BOULEVARD, APT 2302, NEW YORK NY 10069
Grano Joseph J Jr other: Former 10% Owner C/O MEDGENICS, INC., 435 DEVON PARK DRIVE BLDG 700, WAYNE PA 19087

United Energy (United Energy) Headlines

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