Total assets
Everything a company owns: plants, inventory, cash, receivables.
How to read the number
The size of the asset base speaks to the scale of a business, not to its quality — an idle factory is an asset too.
When the metric lies
Assets are carried at historical cost or at revaluation, and almost never at the price they would actually fetch.
Where it is used
The metric is calculated across every security in the catalogue and appears on the instrument card, in the multiples table and in the screener.
Also known as: total assets, balance sheet total