Gross financial assets (GFAs) are the sum of net financial assets (NFAs) and financial liabilities of an entity.

In a different sense, gross value of financial assets reflects the total amount of financial assets held regardless of amortization or impairment (which involves writing down/ reduction of the recognized value of the asset over a period of time in an entity’s accounts, either due partial repayment or uncollectbility or increased credit risk, etc.) The overall period (term) is usually divided to regular intervals in each of which the cost of the asset is incrementally charged to an expense account.

This measure is also known total financial assets.