Total Asset AnalysisTotal 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.
About Total AssetTotal 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.
|Compare to competition|
Based on latest financial disclosure ETFS Wheat ETC has Total Asset of 103.69 M. This is much higher than that of the ETFS Commodity Securities Ltd sector, and significantly higher than that of Total Asset industry, The Total Asset for all etfs is over 1000% lower than the firm.