Average assets

RECENT NEWS
The Times of India  Apr 2  Comment 
The average assets under management (AUM) of the mutual fund (MF) industry surged to a record high of 9.04 lakh crore in the last quarter of the just concluded financial year.     
The Hindu Business Line  Mar 27  Comment 
In Assam and Tripura, 16 out of the 64 candidates in the fray in the first phase of elections on April 7, are 'crorepatis', with average assets of ₹5.75 crore, says an analysis of their...
The Hindu Business Line  Nov 1  Comment 
The link between elections and growth of personal wealth is once again clear from the rise in average assets of the 24 re-contesting candidates in phase-1 of Chhattisgarh Assembly elections to b...
Business Standard  May 4  Comment 
The domestic mutual fund industry registered 2.89 per cent rise in average assets under management (AAUM) in April as compared to March.




 

Average assets, as the name suggests, is the average amount of assets held during a period. For practical purposes, it is calculated by taking the sum of assets at the beginning of a period and assets at the end of the period and then dividing the sum by 2.

  • Average Assets = (Asset in the beginning + Assets in the end)/2

Example

Company A had $100 million in Assets on 31st December 2007, and $200 million in Assets on 31st December 2008. Its Average Assets for the year were $150 million ((100+200)/2).

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