Non-Financial Asset

Non-Financial Asset

In accounting, any asset that can be seen and touched. Non-financial assets include things that can be reproduced, such as widgets or a widget factory, and things than cannot be reproduced, such as the land upon which the widget factory is built. Non-financial assets are comparatively easy to price, and, therefore, are often used to express the value of a company. However, because they do not include intangible but still valuable things like stocks and bonds, they may not truly express a company's value.