What is Gross Block?


2 Answer(s)


Gross block is the sum total of all assets of the company valued at their cost of acquisition. This is inclusive of the depreciation that is to be charged on each asset.

Shahin is right. Gross block refers to all the assets a company owns.

For a restaurant that would include the furniture, ovens, equipment, etc.

The higher the gross block, the business is referred to as "asset heavy". Such businesses include manufacturing, power, retail etc

Asset light business include technology businesses.