Total assets refers to the total amount of assets that the company owns. Assets are things that a company owns that have economic vale that can be driven from in the future. These assets are recorded on the company balance sheet and can be categorised as: cash, marketable securities, inventory, fixed assets , accounts receivable, intangible assets, goodwill etc.
Total assets are balance sheet entries and are calculated as sum of all the assets on the balance sheet. Assets are usually separated in two groups:
Total assets = Current assets + Non-current assets
The value of an assets is what sometimes is called book value and its priced at the value that the accountants of the company have estimated. Depending on the applicable accounting standards, the assets value may be recorded at their current market values or based on historical cost (the price that the asset was purchased at).
|Name||Return on assets||Marketcap||Industry|
|CMCSA Comcast Corp||2%||$170.32B||Entertainment|
|PPL PPL Corp||2%||$21.78B||Utilities - Regulated Electric|
|WHR Whirlpool Corp||2%||$8.38B||Furnishings, Fixtures & Appliances|
|RJF Raymond James Financial Inc||2%||$24.12B||Capital Markets|
|FDP Fresh Del Monte Produce Inc||2%||$1.31B||Farm Products|
|GHC Graham Holdings Co||2%||$3.02B||Education & Training Services|
|NWN Northwest Natural Holding Co||2%||$1.72B||Utilities - Regulated Gas|
There are may different ways that assets can be classified based on their utility. Some of the more common assets classification are: