Property Plant and Equipment Net vs Total Assets
Property Plant and Equipment Net
A component of Total Assets
representing the amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale.
Total assets refers to the total amount of Visa assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Visa Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents
,Goodwill and Intangible Assets
, Property Plant and Equipment Net
and Trade and Non Trade Receivables