Balance sheets are funny things. In one stroke, they tell your positives and negatives. And it takes no time for assets to convert into liabilities also. The best examples of assets and liabilities can be taken from our daily life. If the kid turn out to be good (whatever it means to one), the kids are assets otherwise they become liability. A marriage or a partnership can become both asset or liability.
Companies should also look into their data from a similar perspective. Data in itself has no meaning if you can't mint it. You can boast of having Terabytes and Petabytes of data, having clusters and farms and ranches and villas and islands of servers to store them. However if you are not able to make any money about of it, is it even worth the salt?