Types of assets and examples When it comes to assets, the most common types are tangible and intangible, and liquid and illiquid (aka, fixed) assets. Tangible vs. intangible assets Simply put, tangible assets can be physically touched. Tangible asset examples: Cash Jewelry Real estate Vehicles ...
What are assets? Learn the meaning of an asset, the difference between personal and business assets, and who can own assets. See a list of asset...
Fixed assets are those tangible physical assets acquired to carry on the business of a company with a life exceeding one year. Examples may include land, buildings, vehicles, boats, aircraft, tools, machinery, computer hardware, mobile phones, and other equipment. ...
patents or trademarks), contractual obligations, royalties, and goodwill.Brand equityand reputation are also examples of non-physical or intangible assets that can be quite valuable.
Example of Assets Examples of assets that are likely to be listed on a company’s balance sheet include: cash, temporary investments, accounts receivable, inventory, prepaid expenses, long-term investments, land, buildings, machines, equipment, furniture, fixtures, vehicles, goodwill, and more. Re...
Fixed assets are tangible assets that you own and use only to produce or sell goods and services to customers. Fixed assets are subject to depreciation. Examples of tangible assets include cash and cash equivalents, property and land, furniture, raw materials, and inventory. Intangible assets ...
While hard assets are physical and tangible, other asset types can provide different benefits and opportunities. Here are some examples: Financial Assets:These include stocks, bonds, mutual funds, and other securities that represent ownership of companies or debt instruments. Financial assets are traded...
Hard Assets vs. Intangible Assets Hard assets are the opposite ofintangible assets, which are non-physical assets that are used over the long-term. Examples of intangible assets include: A brand of a company Investments in securities Trademarks ...
Short term assets, also called current assets, are resources that are expected to be used or could be used in the current period. These resources include examples like cash and accounts receivable. Keep in mind that a company might doesn’t always use all of its cash every period, but it...
Types of Current Assets Examples of Current Assets What is a current asset? Current assets are cash and short-term assets that can be quickly converted to cash within one year or operating cycle. They're also referred to as liquid assets. When an asset isliquid, it can be converted to ca...