

2. A balance sheet item representing what a firm owns.



2. In the context of accounting, assets are either current or fixed (non-current). Current means that the asset will be consumed within one year. Generally, this includes things like cash, accounts receivable and inventory. Fixed assets are those that are expected to keep providing benefit for more than one year, such as equipment, buildings and real estate.

  1. Current Assets

  2. Surplus

  3. Asset Accumulation

    The increase in the value of financial property and investments ...
  4. Active Asset

    An asset that is used by a business in its daily or routine operations. ...
  5. Contingent Asset

    An asset in which the possibility of an economic benefit depends ...
  6. Alternative Asset

    Any non-traditional asset with potential economic value that ...
Related Articles
  1. Stock Analysis

    Gazprom and Shell: The Right Partnership?

    Learn about Shell and Gazprom, what industry they operate in and if they're competitors. Understand if their recent partnership is worth it for Shell.
  2. Investing Basics

    Reading The Balance Sheet

  3. Personal Finance

    Breaking Down The Balance Sheet

  4. Investing Basics

    Defining The 3 Types Of Investments

  5. Retirement

    7 Reasons To Review Or Revise Your Will

  6. Budgeting

    Use ROA To Gauge A Company's Profits

  7. Retirement

    Estate Planning Basics

    Deciding what will happen to your assets when you pass away is a must - no matter how wealthy you are.
  8. Markets

    Introduction To Fundamental Analysis

  9. Stock Analysis

    Fortinet: A Great Play on Cybersecurity

  10. Stock Analysis

    2 Catalysts Driving Intrexon to All-Time Highs

  1. What is the average price-to-book ratio of companies in the retail sector?

    The retail sector includes seven types of retail companies: automotive; building supply; distributors; general; grocery and ... Read Full Answer >>
  2. What is the formula for calculating return on assets (ROA) in Excel?

    Return on assets (ROA) is used in fundamental analysis to determine the profitability of a company in relation to its total ... Read Full Answer >>
  3. What is the difference between a revocable trust and an irrevocable trust?

    An irrevocable trust and a revocable trust are differentiated through the ability to change the trust. With an irrevocable ... Read Full Answer >>
  4. How can I calculate funds from operation in Excel?

  5. How can a company raise its asset turnover ratio?

    The asset turnover ratio measures a company's efficiency and productivity. A company can increase a low asset turnover ratio ... Read Full Answer >>
  6. Who can attend the meeting of creditors (341 hearing)?

    The meeting of creditors, otherwise known as a 341 hearing, is a mandatory meeting for personal bankruptcy filers. A few ... Read Full Answer >>
  7. What is the difference between an operating expense and a capital expense?

    An operating expense (OPEX) is an expense required for the day-to-day functioning of a business. In contrast, a capital expense ... Read Full Answer >>
  8. How is market to market accounting different than historical cost accounting?

    Historical cost accounting and mark-to-market, or fair value, accounting are two methods used to record the price or value ... Read Full Answer >>
  9. Where did DuPont Analysis come from?

    The DuPont Analysis is a method of evaluating a company's financial performance. It was created in 1920 by DuPont, an American ... Read Full Answer >>
  10. How is asset turnover calculated?

    The asset turnover ratio measures the efficiency of a company's assets to generate revenue or sales. It compares the dollar ... Read Full Answer >>
  11. What is the formula for calculating return on assets (ROA)?

    The return on assets (ROA) calculation is used to analyze a company's ability to generate profits from its assets: ROA = ... Read Full Answer >>
  12. What is double entry bookkeeping and how does it work in the general ledger?

    Double entry bookkeeping is the concept that every accounting transaction has two affects on a company’s finances. The general ... Read Full Answer >>
  13. How should investors interpret accounts receivable information on a company's balance ...

    Investors should interpret accounts receivable information on a company's balance sheet as money that the company has a reasonable ... Read Full Answer >>
  14. What does your net-worth consist of?

    Your net worth consists of your assets less your liabilities. Assets include cash, investments, bank accounts, retirement ... Read Full Answer >>

You May Also Like

Hot Definitions
  1. Financial Crisis

  2. Election Period

  3. Shanghai Stock Exchange

  4. Dead Cat Bounce

  5. Bear Market

  6. Alligator Spread

Trading Center

You are using adblocking software

so you'll never miss a feature!