The formula for computing the Average Total Assets is: Average Total Assets = (Total Assets of the Current Year + Total Assets of Previous Year) / 2. Total Assets include all current and noncurrent assets of the company as of the end of the accounting period (both current and previous) and other assets.

How do you calculate average total assets per year?

To calculate the average total assets, add the total assets for the current year to the total assets for the previous year,and divide by two.