Capital stock is the number of common and preferred shares that a company is authorized to issue, and is recorded in shareholders' equity. Capital stock refers to the total value of all physical assets and equipment that a company uses to produce goods and services.Capital stock in accounting is ownership value received for preferred and common shares of a corporation. In economics, Capital stock is production assets. Outflow below the dam is gross Investment. Level of water in the reservoir is the stock of capital. Capital assets, which include property, plant, equipment, and infrastructure assets ( e.g. , roads, bridges, sidewalks, right of way, and similar items), are. Service Area and the state of California at the midpoint of the average-aged. See definition in the General Plan.