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.
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.
Western Total Asset Assessment
Based on latest financial disclosure Western Asset Global High Income Fund Inc has Total Asset of 556.1 M. This is 99.58% lower than that of Financial sector, and 34.06% higher than that of Closed-End Fund - Debt industry, The Total Asset for all stocks is 98.49% higher than the company.
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Western is currently under evaluation in total asset category among related companies.
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