Average Total Assets Calculator
Average Total Assets Calculator
Component |
Description |
Beginning Total Assets |
The total assets at the beginning of the period. |
Ending Total Assets |
The total assets at the end of the period. |
Average Total Assets |
The average of total assets over a specific period. |
Formula |
Average Total Assets = (Beginning Total Assets + Ending Total Assets) / 2 |
Purpose |
Used to measure the average amount of assets a company has over a specific period, providing a basis for various financial ratios and analyses. |