Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Industrial
Total Asset
=
Tangible Assets
+
Intangible Assets
=
15476.87 B
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of a company property, and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Based on latest financial disclosure Industrial and Commercial Bank of China Limited has Total Asset of 15476.87 B. This is 11841.63% higher than that of Financial sector, and 690.59% higher than that of Money Center Banks industry, The Total Asset for all stocks is 54356.55% lower than the firm.
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