Financial Statement - Patagonia's Key Assets and Liabilities

Patagonia is a private non-profit corporation with core values of quality and environmental sustainability. Private ownership gives Patagonia the advantage of making quick business decisions without approval from boards, investors, and stakeholders (Pereira, 2023). As a retail operation, Patagonia’s key assets would be those that serve and satisfy consumers. These would include the leased property that their products are sold and stored at, inventory of products, and the plants and equipment needed for production of goods. The key liabilities include the financial obligations Patagonia owes. Patagonia’s extreme efforts for customer and employee satisfaction contribute to their liabilities such as outstanding employee benefits and customer warranty. 



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