The sum of a company's fixed assets and its current assets. The monetary value of the total assets shown in the accounts may differ to real market value. Assets owned by the company include physical plant, machinery, patents, and goodwill. Goodwill refers to the difference in value between net assets and market value. In a private company, goodwill will not be apparent until a company is sold. For public companies, goodwill can easily be calculated by looking at the difference between net assets and market value, as determined by share price.
Articles in this section
- What is a LEI number?
- On a balance sheet: what is Cash?
- What is stock (Capital or Equity)?
- What are Other Short Term Finances?
- What is overdraft in a balance sheet?
- What are Trade Debtors?
- What are Current Assets?
- What are Fixed Assets?
- What are Intangible Assets?
- What are Tangible Assets?