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Universal Potash (Universal Potash) Total Assets : $0.79 Mil (As of Jun. 2008)


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What is Universal Potash Total Assets?

Universal Potash's Total Assets for the quarter that ended in Jun. 2008 was $0.79 Mil.

Total Assets is connected with ROA %. Universal Potash's annualized ROA % for the quarter that ended in Jun. 2008 was -44.56%. Total Assets is also linked to Revenue through Asset Turnover. Universal Potash's Asset Turnover for the quarter that ended in Jun. 2008 was 0.00.


Universal Potash Total Assets Historical Data

The historical data trend for Universal Potash'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.

Universal Potash Total Assets Chart

Universal Potash Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08
Total Assets
0.06 0.02 0.01 0.03 0.78

Universal Potash Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
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 0.04 0.89 0.98 0.78 0.79

Universal Potash 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.

Universal Potash's Total Assets for the fiscal year that ended in Mar. 2008 is calculated as

Total Assets=Total Equity (A: Mar. 2008 )+Total Liabilities (A: Mar. 2008 )
=0.139+0.636
=0.78

Universal Potash's Total Assets for the quarter that ended in Jun. 2008 is calculated as

Total Assets=Total Equity (Q: Jun. 2008 )+Total Liabilities (Q: Jun. 2008 )
=0.096+0.692
=0.79

* 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.


Universal Potash  (OTCPK:UPCO) Total Assets Explanation

Total Assets is connected with ROA %.

Universal Potash's annualized ROA % for the quarter that ended in Jun. 2008 is

ROA %=Net Income (Q: Jun. 2008 )/( (Total Assets (Q: Mar. 2008 )+Total Assets (Q: Jun. 2008 ))/ count )
=-0.348/( (0.775+0.787)/ 2 )
=-0.348/0.781
=-44.56 %

Note: The Net Income data used here is four times the quarterly (Jun. 2008) 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.

Universal Potash's Asset Turnover for the quarter that ended in Jun. 2008 is

Asset Turnover
=Revenue (Q: Jun. 2008 )/( (Total Assets (Q: Mar. 2008 )+Total Assets (Q: Jun. 2008 ))/ count )
=0/( (0.775+0.787)/ 2 )
=0/0.781
=0.00

* 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.

Universal Potash Total Assets Related Terms

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Universal Potash (Universal Potash) Business Description

Traded in Other Exchanges
N/A
Address
1300 East Street, Fairport Harbor, OH, USA, 44077
Universal Potash Corp is an exploration stage company. It is engaged in the mining of natural resources in the United States.

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