Definition
Total assets include current assets (cash, receivables, inventory), fixed assets (property, equipment), and intangible assets (goodwill, patents). Asset growth can indicate expansion but also requires analysis of quality and returns generated (ROA).
Formula
Total Assets = Current Assets + Non-Current Assets
Example
A company has $50M cash, $30M receivables, $20M inventory (current: $100M), plus $150M property and $50M goodwill (non-current: $200M). Total assets: $300M.
FAQ
What is Total Assets?
Everything a company owns that has economic value.
How do you calculate Total Assets?
A common formula for Total Assets is: Total Assets = Current Assets + Non-Current Assets
Why is Total Assets important?
Total Assets helps investors evaluate financial statements and make more informed decisions.