Urban One's Total Assets for the quarter that ended in Sep. 2024 was $962.6 Mil.
During the past 12 months, Urban One's average Total Assets Growth Rate was -14.90% per year.
During the past 3 years, the average Total Assets Growth Rate was -4.50% per year.
During the past 5 years, the average Total Assets Growth Rate was -2.60% per year.
During the past 10 years, the average Total Assets Growth Rate was -2.10% per year.
During the past 13 years, Urban One's highest 3-Year average Total Assets Growth Rate was 191.10%. The lowest was -22.30%. And the median was -0.90%.
Total Assets is connected with ROA %. Urban One's annualizedROA % for the quarter that ended in Sep. 2024 was -12.83%. Total Assets is also linked to Revenue through Asset Turnover. Urban One's Asset Turnover for the quarter that ended in Sep. 2024 was 0.11.
Urban One Total Assets Historical Data
The historical data trend for Urban One'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.
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.
Urban One's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Note:
The Net Income data used here is four times the quarterly (Sep. 2024) 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.
Urban One's Asset Turnover for the quarter that ended in Sep. 2024 is
* 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.
Urban One Total Assets Related Terms
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Urban One Inc is an urban oriented, multi-media company. Its business is radio broadcasting franchise that is the radio broadcasting operation that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes all the broadcasting related operations. The Reach Media segment consists of the Tom Joyner Morning Show and its related activities. The Digital segment focuses on its online business, including the operations of Interactive One. The Cable Television segment deals with TV One's operations.
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