Assets

Assets represent the entire value of everything a company owns, both current and long-term, as recorded on its balance sheet. It includes:

• Current Assets: Cash, receivables, inventory, short-term investments (convertible to cash within a year)
• Non-Current Assets: Property, plant, equipment, intangible assets, long-term investments, goodwill, etc.

In simple terms: Total Assets = Current Assets + Non-current Assets.

Rising total assets is a positive sign if backed by healthy revenue, profits, and efficient use of those assets.