An asset is anything, which you own and which is valuable, whether it is tangible or intangible. Assets are said to have positive economic value. Simply put an asset is something that is worth money ...

Understanding the difference between liquid and illiquid assets is crucial for financial planning. Liquid assets are those that can be easily converted into cash with minimal loss in value.

Difference Between Total Claims & Total Assets. Claims and assets make up the backbone of the accounting systems. The famed accounting equation, seen in the budget sheet, is actually a rendition ...

When it comes to a company's taxes, there are two important categories to understand: assets and liabilities. Tax liability is anything that a person or company owes taxes on, such as income or ...

Assets on a balance sheet include current assets like cash and inventory, and fixed assets like property. Asset turnover and return on assets measure a company's efficiency in using assets to generate ...

Shareholders' equity highlights total capital given to a company by its owners. It is calculated by subtracting total liabilities from total assets. Key components include share capital, retained ...

Once you understand the difference between cash you can raise quickly from liquid assets and your total net worth, you can use that information with lenders.