Enter the assets from the previous year or period and the assets from the current year or period into the calculator to determine the average total assets.

## Average Total Assets Formula

The following formula is used to calculate average total assets.

AA = (ACY + APY) / 2

- Where AA is the average total assets
- ACY is the total assets value of the current year or period
- APY is the total assets value of the previous year or period

## Average Total Assets Definition

The average total assets are defined as the mean asset value over a given amount of time.

## Average Total Assets Example

How to calculate average total assets?

**First, determine the total asset value of the previous year.**Calculate the asset value of the previous period.

**Next, determine the total asset value of the current year.**Calculate the asset value of the current period.

**Finally, calculate the average value.**Calculate the average assets using the equation above.

## FAQ

**What is an asset value?**

An asset value is a monetary value that one could sell an asset for on the open market.