Total Assets definition

Total Assets as of any date means the sum of (i) the Undepreciated Real Estate Assets and (ii) all other assets of the Company and its Subsidiaries determined in accordance with GAAP (but excluding accounts receivable and intangibles).
Total Assets means the total assets of the Borrower and the Restricted Subsidiaries on a consolidated basis in accordance with GAAP, as shown on the most recent balance sheet of the Borrower delivered pursuant to Section 6.01(a) or (b) or, for the period prior to the time any such statements are so delivered pursuant to Section 6.01(a) or (b), the Pro Forma Financial Statements.
Total Assets means the total consolidated assets of the Company and its Restricted Subsidiaries, as shown on the most recent balance sheet of the Company.

Examples of Total Assets in a sentence

We expect the relationship between the distance to default and the spreads of CODELCO’s bonds to be positive, since increasing the risk of deafult should increase the spread of the bonds.With respect to liquidity risk, the variables are Cash over Total Assets and Maturity.

Any determination of Total Assets shall be made by reference to the last day of the Test Period most recently ended for which financial statements of the Borrower have been delivered pursuant to Section 6.01(1) or (2), as applicable, on or prior to the relevant date of determination.

But the whole financial litterature reports on the Altman Z-score (1968) when it comes about credit scoring models; Altman integrated into a function 5 ratios expressing liquidity, solvency and profitability selected by the intermediary of the Multiliniar Discriminant Analysis: Working Capital/Total Assets, Total Profit/ Total Assets, Equity/Total Debts, Turnover/ Total Assets.

Statistical tests have outlined that default point may be conceived as: Total Assets < DTS + 0.5 DT where DTS – short term debts; DTL – long term debts.

The earnings before taxes (EBT) indicator is highly correlated with the company activity indicators (AR turnover, AP turnover, Total Assets turnover).


More Definitions of Total Assets

Total Assets means, as of any date, the total consolidated assets of the Issuer and its Restricted Subsidiaries on a consolidated basis, as shown on the most recent consolidated balance sheet of the Issuer and its Restricted Subsidiaries, determined on a pro forma basis in a manner consistent with the pro forma basis contained in the definition of Fixed Charge Coverage Ratio.
Total Assets means, with respect to any Person, the total consolidated assets of such Person and its Restricted Subsidiaries, as shown on the most recent balance sheet of such Person.
Total Assets means the total assets of the Issuer and its Restricted Subsidiaries on a consolidated basis, as shown on the most recent consolidated balance sheet of the Issuer or such other Person as may be expressly stated.
Total Assets means the total assets of the Company and its Restricted Subsidiaries on a consolidated basis determined in accordance with GAAP, as shown on the most recently available consolidated balance sheet of the Company and its Restricted Subsidiaries.
Total Assets means all assets of the Borrower and its Subsidiaries as shown on its most recent quarterly consolidated balance sheet, as determined in accordance with GAAP.
Total Assets means the consolidated total assets of the Company and its Restricted Subsidiaries in accordance with GAAP as shown on the most recent balance sheet of such Person.
Total Assets means, as of any date of determination with respect to any Person, the amount that would, in conformity with GAAP, be set forth opposite the caption “total assets” (or any like caption) on a balance sheet of such Person at such date.