Universal Energy (Universal Energy) Total Equity : $-1.09 Mil (As of Sep. 2009)

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What is Universal Energy Total Equity?

Universal Energy's total equity for the quarter that ended in Sep. 2009 was $-1.09 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.

Universal Energy Total Equity Historical Data

The historical data trend for Universal 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.

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Universal Energy Total Equity Chart

Universal Energy Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Total Equity

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0.03

-0.05

0.52

-10.05

-0.83

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 Equity	Get a 7-Day Free Trial															-3.07	-0.83	-1.56	-2.83	-1.09

Universal Energy Total Equity Calculation

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

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

Total Equity	=	Total Assets(Q: Dec. 2008 )	-	Total Liabilities(Q: Dec. 2008 )
	=	2.351	-	3.185
	=	-0.83

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

Total Equity	=	Total Assets(Q: Sep. 2009 )	-	Total Liabilities(Q: Sep. 2009 )
	=	1.267	-	2.353
	=	-1.09

Universal Energy Total Equity Related Terms

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Universal Energy (Universal Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Universal Energy Corp (OTCPK:UVSE) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1540 International Parkway, Suite 200, Lake Mary, FL, USA, 32746

Website

http://www.universalenergycorp.info

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.

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