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|
|RTX Raytheon Technologies Corp||2%||$118.37B||Aerospace & Defense|
|CME Cme Group Inc||2%||$79.03B||Financial Data & Stock Exchanges|
|GLW Corning Inc||2%||$24.61B||Electronic Components|
|PNW Pinnacle West Capital Corp||2%||$8.51B||Utilities - Regulated Electric|
|ENTG Entegris Inc||2%||$16.25B||Semiconductor Equipment & Materials|
|UNM Unum Group||2%||$8.4B||Insurance - Life|
|KRC Kilroy Realty Corp||2%||$4.15B||REIT - Office|
There are may different ways that assets can be classified based on their utility. Some of the more common assets classification are: