total assets
Everything one owns
Total assets is an accounting term for everything of value that a person or organization owns.
This includes cash, investments, property, equipment, and money owed to them.
On a balance sheet, total assets equals liabilities plus equity: The company's total assets exceeded $50 million.
- cash on handCurrency immediately accessible
- patentsExclusive rights to inventions
- stocksOwnership stakes or inventory
- real estateLand and its structures
- goodwillKindly, generous spirit
trademarks · bonds · copyrights · brand equity · trade secrets · machinery · accounts receivable · domain names · office buildings · furniture · mutual funds · raw materials · equipment · land · factories · vehicles · savings accounts · warehouses
- accounting termscash, expenses, equity, retained earnings, accounts payable
total assetsliabilities
Amounts owed to others
debts · obligations · accounts payable · long-term debt · short-term debt
total assetsinsolvency
Inability to pay debts
bankruptcy · deficit · total losses · financial ruin · indebtedness
total assetscurrent assets
Resources convertible within a year
liquid assets · cash · fixed assets · net assets · intangible assets
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