The total assets of an enterprise refer to all assets owned or controlled by the enterprise. Including current assets, long-term investments, fixed assets, intangible and deferred assets, other long-term assets, deferred taxes, etc. , that is, the total assets on the balance sheet of the enterprise.
Criteria for recognition as assets:
1. Ownership of this resource. For example, an asset leased by an outward unit in the form of operating lease is not the asset of the unit, because the ownership of this asset does not belong to the enterprise.
Two, whether the resources are owned or controlled by the unit. For example, if the payment has been made to the foreign company, but the goods have not been issued, the goods cannot be recognized as the assets of the enterprise for the time being. Because the goods have not been owned or controlled by the enterprise.
Three, whether the economic resources can bring economic benefits to the unit. For example, some scrapped machinery and equipment can no longer bring economic benefits to the unit and cannot be recognized as assets in accounting.
Extended data:
Return on total assets: return on total assets = EBIT/average total assets X 100%.
It shows the income level of all assets of the enterprise, and comprehensively reflects the profitability and input-output status of the enterprise. Through the in-depth analysis of this index, all parties can pay more attention to enterprise asset management and promote enterprises to improve the income level of unit assets.
In general, enterprises can compare this indicator with the market capital interest rate. If this index is greater than the market interest rate, it shows that enterprises can make full use of financial leverage to operate and get as much income as possible.
The higher the index, the better the input-output level of the enterprise, and the more effective the asset operation of the enterprise.
Baidu Encyclopedia-Total assets of enterprises
Baidu encyclopedia-total assets