Financial term used in accounting, corporate reports, and economic contexts. Refers to the sum of all assets owned by an entity.
Our company's total assets increased by 10% compared to the previous year.
Net assets can be calculated by subtracting liabilities from total assets.
Compound of 総 (そう, 'total') and 資産 (しさん, 'assets'). The term is a straightforward Sino-Japanese financial compound.