The quarterly average of total assets refers to the average of the total assets of an enterprise over the four quarters of a year. Calculating the quarterly average of total assets requires adding up the total assets of the business in each quarter and then dividing by four quarters.
Here are the steps to calculate the quarterly average of total assets:
Step 1: Determine the value of the total asset.
First of all, it is necessary to determine the value of the company's total assets in each quarter. These values can be obtained through financial statements or internal asset statements. If an enterprise has multiple subsidiaries or branches, you need to add up the total assets of all subsidiaries to obtain the total assets of the enterprise in that quarter.
Step 2: Calculate the sum of total assets for the four quarters.
Add up the total assets of each quarter to get the sum of the total assets of the company for the four quarters of the year.
Step 3: Calculate the quarterly average.
Divide the sum of the total assets for the four quarters by the four quarters to get the quarterly average of the total assets.
For example, if the total assets of the enterprise in the first quarter of 2019 are 10 million yuan, the second quarter is 12 million yuan, the third quarter is 11 million yuan, and the fourth quarter is 9 million yuan, then the quarterly average of the total assets of the enterprise in 2019 is: (1000 + 1200 + 1100 + 900) 4 = 10.5 million yuan.
By calculating quarterly averages of total assets, you can get a more complete picture of how your company's asset size changes over the course of the year. At the same time, you can also use quarterly averages to conduct some financial analysis, such as calculating financial indicators such as asset turnover ratio and debt ratio.