Total assets refer to all assets on the balance sheet of an enterprise. The resources owned or controlled by the enterprise formed by the past transactions and events of the company mainly include current assets, long-term investments, fixed assets, intangible and deferred assets and other long-term assets. "
What's the difference between net assets and total assets?
The difference between net assets and total assets is that the scope of the former is smaller, and total assets include net assets. The net assets of an enterprise refer to its total assets minus its liabilities. In quantity, it is equal to the balance of all assets minus all liabilities of the enterprise. Belong to the owner's equity. The total assets of an enterprise refer to all assets in its balance sheet. Total assets refer to all assets owned or controlled by an enterprise. Includes the following contents:
1. Current assets refer to the total assets that an enterprise can realize or consume within one year or more. Including cash and various deposits, short-term investments, receivables and prepayments, and inventories;
2. Fixed assets refer to the total amount of funds occupied by the enterprise's net fixed assets, fixed assets clearing, projects under construction and losses of fixed assets to be handled;
3. Intangible assets refer to assets that have been used by enterprises for a long time and have no physical form. Including patent right, non-patented technology, trademark right, copyright and land use right.
To sum up, total assets are one of the important indicators of enterprise financial management, which can reflect the asset scale and property right structure of enterprises. When evaluating the financial status and operational risk of an enterprise, other related indicators should be considered in addition to the total assets, so as to fully understand the financial status, operational risk and development prospect of the enterprise.
Legal basis:
Company Law of the People's Republic of China
Article 186
After clearing up the company's property, preparing the balance sheet and property list, the liquidation group shall formulate the liquidation plan and report it to the shareholders' meeting, shareholders' meeting or people's congress for confirmation. After paying the liquidation expenses, employees' wages, social insurance expenses and statutory compensation, paying the taxes owed and paying off the company's debts, the company's property shall be distributed according to the proportion of capital contribution of shareholders of a limited liability company and the proportion of shares of shareholders of a joint stock limited company. During the liquidation period, the company shall survive, but shall not carry out business activities unrelated to liquidation. The company's property shall not be distributed to shareholders before it is paid off in accordance with the provisions of the preceding paragraph.