To calculate total assets, add up all of the company‘s tangible and intangible assets, such as cash, accounts receivable, inventory, prepaid expenses, investments, property, equipment, vehicles, patents, copyrights, trademarks, and goodwill. Total assets are the sum of all a company‘s resources, which can be financial or physical. One example of how to calculate total assets may look like this: Total Assets = Current Cash + Fixed Assets - Liabilities. If you work in accounting, you might also find the total assets of clients to understand their investments and sales results. Learning how to calculate this type of asset can help you develop the financial literacy necessary for success in an accounting or money management role.