UNRG (United Energy) Total Equity: $-0.30 Mil (As of Dec. 2010)


What is United Energy Total Equity?

United Energy UNRG -6.19% Total Equity is $-0.30 Mil as of Dec. 2010.

United Energy's total equity for the quarter that ended in Dec. 2010 was $-0.30 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

United Energy Total Equity Historical Data

* Premium members only.

The historical data trend for United Energy's Total Equity 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.

United Energy Total Equity Chart

United Energy Annual Data
Trend Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.13 3.18 1.37 0.45 0.04

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 Equity 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 0.22 0.04 -0.02 -0.07 -0.30

United Energy Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

United Energy's Total Equity for the fiscal year that ended in Mar. 2010 is calculated as

Total Equity=Total Assets(Q: Mar. 2010 )-Total Liabilities(Q: Mar. 2010 )
=1.12-1.082
=0.04

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

Total Equity=Total Assets(Q: Dec. 2010 )-Total Liabilities(Q: Dec. 2010 )
=0.731-1.026
=-0.30

* 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 Equity →
What does a Total Equity of $-0.30 Mil mean?
United Energy (UNRG) has a Total Equity of $-0.30 Mil as of Dec. 2010. The total amount of equity as record on a company's balance sheet. View historical data for United Energy and its competitors.
Is United Energy's Total Equity too high?
United Energy's current Total Equity is $-0.30 Mil.
How does United Energy's Total Equity compare to GLYE?
United Energy's Total Equity of $-0.30 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 Equity for an Oil & Gas company?
A good Total Equity depends on the Oil & Gas industry context. However, Total Equity 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 Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for United Energy and its competitors. United Energy's current Total Equity is $-0.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Energy stock overvalued right now?
United Energy (UNRG) has a current Total Equity of $-0.30 Mil. The current Total Equity is $-0.30 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Equity calculated?
Total Equity is calculated from a company's financial statements. For United Energy (UNRG), the current Total Equity is $-0.30 Mil as of Dec. 2010. 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.

United Energy Business Description

Industry EnergyOil & Gas
Address 101 East Park Boulevard, 6th Floor, Suite 600, 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. It owns or has operations in over 200,000 acres of leasehold properties, 2,000 wells, and 1,100 miles of natural gas pipelines.