GURUFOCUS.COM » STOCK LIST » Technology » Software » Urgently Inc (NAS:ULY) » Definitions » Total Assets

Urgently (Urgently) Total Assets : $83.4 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Urgently Total Assets?

Urgently's Total Assets for the quarter that ended in Mar. 2024 was $83.4 Mil.

During the past 12 months, Urgently's average Total Assets Growth Rate was 19.40% per year.

Total Assets is connected with ROA %. Urgently's annualized ROA % for the quarter that ended in Mar. 2024 was -50.90%. Total Assets is also linked to Revenue through Asset Turnover. Urgently's Asset Turnover for the quarter that ended in Mar. 2024 was 0.39.


Urgently Total Assets Historical Data

The historical data trend for Urgently'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.

Urgently Total Assets Chart

Urgently Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
67.81 46.94 121.19

Urgently Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.72 45.92 39.99 121.19 83.37

Urgently 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.

Urgently's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=9.604+111.59
=121.2

Urgently's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=-2.693+86.061
=83.4

* 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.


Urgently  (NAS:ULY) Total Assets Explanation

Total Assets is connected with ROA %.

Urgently's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-52.06/( (121.194+83.368)/ 2 )
=-52.06/102.281
=-50.90 %

Note: The Net Income data used here is four times the quarterly (Mar. 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.

Urgently's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=40.092/( (121.194+83.368)/ 2 )
=40.092/102.281
=0.39

* 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.

Urgently Total Assets Related Terms

Thank you for viewing the detailed overview of Urgently's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Urgently (Urgently) Business Description

Traded in Other Exchanges
N/A
Address
8609 Westwood Center Drive, Suite 810, Vienna, VA, USA, 22182
Urgent.ly Inc is a leading connected mobility assistance software platform, matching vehicle owners and operators with service professionals who deliver traditional roadside assistance, proactive maintenance and repair services. The traditional experience of a vehicle breakdown is often stressful and inconvenient, compounded by processes that lack transparency and lead to long wait times. Urgently offers an innovative alternative to this traditional experience, leveraging its digitally native software platform to match supply and demand in its network and deliver exceptional mobility assistance experiences at scale.
Executives
Volkow Ben director 16 ABBA EBAN BLVD., HERZLIYA PITUACH L3 467256
Andrew M Geisse director 208 S. AKARD ST., DALLAS TX 75202
Timothy C. Huffmyer officer: Chief Financial Officer 1000 PARK DRIVE, LAWRENCE PA 15055
James M Micali director C/O SONOCO PRODUCTS COMPANY, 1 NORTH SECOND STREET, HARTSVILLE SC 29550
Gina Domanig director 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182
Ryan Pollock director 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182
Matthew Booth director, officer: Chief Executive Officer 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182
Suzie Doran director 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182