United Express (United Express) Total Assets : $13.14 Mil (As of Mar. 2024)

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What is United Express Total Assets?

United Express's Total Assets for the quarter that ended in Mar. 2024 was $13.14 Mil.

During the past 6 years, United Express's highest 3-Year average Total Assets Growth Rate was -7.20%. The lowest was -7.20%. And the median was -7.20%.

Total Assets is connected with ROA %. United Express's annualized ROA % for the quarter that ended in Mar. 2024 was 0.30%. Total Assets is also linked to Revenue through Asset Turnover. United Express's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

United Express Total Assets Historical Data

The historical data trend for United Express'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.

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United Express Total Assets Chart

United Express Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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0.08

0.02

0.05

0.01

United Express Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															-	-	0.10	13.13	13.14

United Express 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.

United Express's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	0.001	+	N/A
	=	N/A

United Express'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 )
	=	13.136	+	N/A
	=	N/A

United Express (OTCPK:UNXP) Total Assets Explanation

Total Assets is connected with ROA %.

United Express'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 )
	=	0.04	/	( (13.126	+	13.136)	/ 2 )
	=	0.04	/	13.131
	=	0.30 %

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.

United Express'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 )
=	0.047	/	( (13.126	+	13.136)	/ 2 )
=	0.047	/	13.131
=	0.00

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.

United Express Total Assets Related Terms

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United Express (United Express) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » United Express Inc (OTCPK:UNXP) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

4345 W. Post Road, Las Vegas, NV, USA, 89118

Website

https://www.unitedexpress.in

United Express Inc is engaged in providing service for long and short distance logistics for clients in the company's target market area. It operates as a general company of transportation, dispatch service logistics, delivery merchandises and other items for companies and individuals across the United State. The firm offers various services such as logistics, commodities freight and transportation, carriers, consistent fleet, and other related services. It generates its revenue from transportation service and logistics. The United Express operates as a general company of transportation, dispatch service logistics, delivery merchandises and other items for companies and individuals across the United State.

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