The Total Assets Growth Rate, also known as the total assets expansion rate, is the ratio of the total assets growth of an enterprise this year to the total assets at the beginning of the year, reflecting the growth of the enterprise's asset scale in the current period. Assets are the resources used by enterprises to obtain income, and also the guarantee for enterprises to repay debts. Asset growth is an important aspect of enterprise development, and enterprises with high development can generally maintain stable asset growth.
Extended data:
computing formula
Total assets growth rate = total assets growth this year/total assets at the beginning of the year × 100%
In which: total assets growth this year = total assets at the end of the year-total assets at the beginning of the year.
The higher the growth rate of total assets, the faster the expansion of asset management scale in a certain period of time. However, in the analysis, we need to pay attention to the relationship between quality and quantity of asset scale expansion and the subsequent development ability of enterprises to avoid blind expansion.
The three-year average asset growth rate index eliminates the influence of short-term fluctuation of assets and reflects the asset growth of enterprises in a long period of time.
Baidu encyclopedia-total assets growth rate