An asset that has physical substance, such as land, buildings, computing equipment, or cash and often, accounts receivable, even though it could be argued that they do not have physical existence Contrast with intangible asset
Assets that can be touched, such as equipment, machinery, natural resources, and land (See p 412)
physical assets (such as cash, accounts receivable, inventory, property, plant and equipment, etc ) Terminal Valuesee Residual Value Transaction Methodsee Merger and Acquisition Method back to top U
{i} real properties, material properties, physical assets owned by a firm or individual that can be seen or touched
The total assets of a company, less any intangible asset such as goodwill, patents, and trademarks, less all liabilities and the par value of preferred stock. Similar to Book Value and Net Asset Value
An asset whose value depends on particular physical properties These include reproducible assets such as buildings or machinery and non-reproducible assets such as land, a mine, or a work of art Also called real assets Converse of: Intangible asset
Assets having a physical existence, such as cash, equipment, and real estate; accounts receivable are also usually considered tangible assets for accounting purposes opposite of intangible asset
A tangible asset has a value and physically exists Land, machines, equipment, automobiles, and even currencies, are examples of tangible assets On some financial statements, however, a nonmaterial item may often be listed as a tangible asset, such as, a payment to be made on products or goods already delivered
An asset whose value depends on particular physical properties These i nclude reproducible assets such as buildings or machinery and non-reproducible assets such as land, a mine, or a work of art Also called real assets Related: Intangible asset