tangible assets


Also found in: Legal.

Tangible Asset

In accounting, any asset that can be seen and touched. Tangible assets include things that can be reproduced, such as widgets or a widget factory, and things that cannot be reproduced, such as the land upon which the widget factory is built. Tangible assets are comparatively easy to price, and therefore they are often used to express the value of a company. However, because they do not include intangible but still valuable things like patents and brand recognition, they may not truly express a company's value. Less commonly, tangible assets are called hard assets. See also: Intangible Assets.

tangible assets

any physical ASSETS such as plant, machinery, equipment, vehicles and STOCK that have a money value. Compare INTANGIBLE ASSETS.
References in periodicals archive ?
Procurement Acquisition of Tangible Assets Data Room and in Good Condition to Realize the Activities in the Project Plan, According to Art.
Breakthroughs in Managing Tangible Assets: Completing the Picture of Wealth," a white paper from ACE Private Risk Services and Trov, explores issues surrounding tangible asset management and presents seven steps to address these issues.
These tangible assets hold aesthetic value as well as being subject to appreciation.
For example, if a mining service company wanted to purchase a competitor, a suitable financing structure might give value to the machinery and equipment being acquired, but also recognize the value of the target company in excess of its tangible assets.
A ratio of intangible assets to tangible assets from a similar company or an industry average ratio can be applied to the tangible assets of a company to calculate an intangible asset value.
The goal is to get camp professionals to think about their relationships, business practices, and actions in new and perhaps different ways, helping them to understand that within their risk management plans the intangible assets of their organization are worthy of being preserved and managed along with their tangible assets.
Today, the acquirer may prefer a large amount be allocated to tangible assets with shorter useful lives rather than a covenant not to compete, thereby making the buyer and seller adverse and the courts more likely to honor the stated allocations.
The researchers suggest that elements of the communication function must be acknowledged as assets for the company in financial documentation because the company's structural and tangible assets would not exist without it.
Values assigned to other tangible assets, like widgets, and intangible assets, like patents, can reduce future earnings.
CIV measures the gap between a firm's market capitalization and its tangible assets.
To determine going concern value, the prevailing view appears to be that the FMV of the debtor's assets should include tangible assets, as well as goodwill and other intangible assets (e.
He says the future of the industry involves a better understanding of the power of tangible assets, transparency with clients, and advanced educational opportunities, such as CTGroup's University of Rare Coins (CTGroup.