Company’s ability to produce cash and grow comes from its assets. Assets are recorded at their cost and (except for some securities) are not adjusted for changes in market value. It could be anything; cash, temporary investments, accounts receivable, inventory, long-term investments, land, buildings, machines, equipment.
“Asset is a resource controlled by the company as a result of past events and the future economic benefits are expected to flow to the company.”
In terms of liabilities and equity, we can define the assets as;
Assets = Liabilities + Shareholders’ Equity
Assets are a key component of a company’s net worth. Lenders may also factor in a company’s assets when issuing loans. We have listed down the top companies in India by their assets value: