UVSE (Universal Energy) Total Assets: $1.27 Mil (As of Sep. 2009)


What is Universal Energy Total Assets?

Universal Energy UVSE -98.00% Total Assets is $1.27 Mil as of Sep. 2009.

Universal Energy's Total Assets for the quarter that ended in Sep. 2009 was $1.27 Mil.

Total Assets is connected with ROA %. Universal Energy's annualized ROA % for the quarter that ended in Sep. 2009 was -2,402.05%. Total Assets is also linked to Revenue through Asset Turnover. Universal Energy's Asset Turnover for the quarter that ended in Sep. 2009 was 0.05.

Universal Energy  (OTCPK:UVSE) Total Assets Explanation

Total Assets is connected with ROA %.

Universal Energy's annualized ROA % for the quarter that ended in Sep. 2009 is

ROA %=Net Income (Q: Sep. 2009 )/( (Total Assets (Q: Jun. 2009 )+Total Assets (Q: Sep. 2009 ))/ count )
=-32.86/( (1.469+1.267)/ 2 )
=-32.86/1.368
=-2,402.05 %

Note: The Net Income data used here is four times the quarterly (Sep. 2009) 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 Energy's Asset Turnover for the quarter that ended in Sep. 2009 is

Asset Turnover
=Revenue (Q: Sep. 2009 )/( (Total Assets (Q: Jun. 2009 )+Total Assets (Q: Sep. 2009 ))/ count )
=0.073/( (1.469+1.267)/ 2 )
=0.073/1.368
=0.05

* 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 Energy Total Assets Related Terms

Universal Energy Total Assets Historical Data

* Premium members only.

The historical data trend for Universal 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.

Universal Energy Total Assets Chart

Universal Energy Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Total Assets
Get a 7-Day Free Trial 0.08 0.04 0.60 3.55 2.35

Universal Energy Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 3.95 2.35 2.13 1.47 1.27

Universal 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.

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

Total Assets=Total Equity (A: Dec. 2008 )+Total Liabilities (A: Dec. 2008 )
=-0.834+3.185
=2.35

Universal Energy's Total Assets for the quarter that ended in Sep. 2009 is calculated as

Total Assets=Total Equity (Q: Sep. 2009 )+Total Liabilities (Q: Sep. 2009 )
=-1.087+2.353
=1.27

* 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 $1.27 Mil mean?
Universal Energy (UVSE) has a Total Assets of $1.27 Mil as of Sep. 2009. The total amount of assets as recorded on a company's balance sheet. View historical data on Universal Energy and its competitors.
Is Universal Energy's Total Assets too high?
Universal Energy's current Total Assets is $1.27 Mil.
How does Universal Energy's Total Assets compare to CEI and MKSEF?
Universal Energy's Total Assets of $1.27 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Total Assets depends on the Oil & Gas 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 Universal Energy and its competitors. Universal Energy's current Total Assets is $1.27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Energy stock overvalued right now?
Universal Energy (UVSE) has a current Total Assets of $1.27 Mil. The current Total Assets is $1.27 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 Universal Energy (UVSE), the current Total Assets is $1.27 Mil as of Sep. 2009. 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.

Universal Energy Business Description

Industry EnergyOil & Gas
Address 1540 International Parkway, Suite 200, Lake Mary, FL, USA, 32746
Universal Energy Corp is an independent energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada.