Cars are the second - largest hard asset for the average young family to own, accounting for about 14 % of
nonfinancial assets.
(Among those that do have them, the businesses represent just over 11 % of their total
nonfinancial assets.)
For the average - earning older millennial family, housing represents more than two - thirds of the value of
its nonfinancial assets — 66.4 %.
The homes of rich millennial households are worth 4.6 times more, averaging $ 470,000 — though they represents a lower share of total
nonfinancial assets — 50 %.
Formally, net worth is the value of the household's assets (
both nonfinancial assets, for example, homes and cars, as well as financial assets) minus the value of all the household's debts, or what it owns minus what it owes.
Current law generally prohibits employers from requesting an employee's or applicant's credit report, but allows it for positions involving access to $ 2,500 or more of
nonfinancial assets, including museum and library collections and prescription drugs and other pharmaceuticals.
Not exact matches
The $ 1.8 trillion in liquid
assets — the line item most people are referring to when they talk about «corporate cash» — accounted for 5.4 % of all
assets held by
nonfinancial corporations in the second quarter, down from 6 % in 2009 and pretty much flat for the past two years.
Investors across the board — from
asset managers and retail investors to foundations — want to understand the
nonfinancial impact of their portfolios.
About half of the
assets of
nonfinancial corporate businesses are financial
assets (stocks, bonds, etc).
Included were financial
assets (cash, retirement accounts, stocks, bonds, checking and savings deposits), as well as
nonfinancial ones (real estate, businesses and cars).
The main components of this sector are the real estate lessors industries (including equity real estate investment trusts (REITs)-RRB-; equipment lessors industries (including motor vehicles, computers, and consumer goods); and lessors of
nonfinancial intangible
assets (except copyrighted works).