fixed asset

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Related to Non-current assets: Non-current liabilities

Fixed asset

Long-lived property owned by a firm that is used by a firm in the production of its income. Tangible fixed assets include real estate, plant, and equipment. Intangible fixed assets include patents, trademarks, and customer recognition.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Fixed Asset

An asset with a long-term useful life that a company uses to make its products or provide its services. Strictly speaking, a fixed asset is any asset that the company does not expect to sell for at least a year, but the term often refers to assets a company expects to have indefinitely. Common examples of fixed assets are real estate and factories, which a company holds for long periods of time.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

fixed asset

An asset not readily convertible to cash that is used in the normal course of business. Examples of fixed assets include machinery, buildings, and fixtures. A firm whose total assets are made up primarily of fixed assets is in a less liquid financial position, thus entailing greater risk of a big tumble in profits if its revenues fall.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Given that Urals Energy is acquiring ANK on a cash free/debt free basis, the directors view non-current assets as being the most appropriate indication of the value of the assets being acquired.
Typical Non-Current Assets for a farm business are land, buildings and improvements, machinery and equipment, breeding livestock, perennial crops, and natural resources; they are expected to provide benefits to the operation for more than one year or at some future date.
large capital of non-current assets and small capital of current assets, Rc is non-corresponding capitalisation (very small reinvested capital), and Rp represents investment projects in execution, too large or too many.
To improve its guidance on this topic, the IASB issued IFRS 5, Non-current Assets Held for Sale and Discontinued Operations (, which generally converges with Statement no.
Problem assets (non-current assets plus other real estate) made up 0.64% of total assets, which represented only a slight decrease in the problem asset ratio from its 2002 level of 0.69%.
Current assets declined 5.4 percent, to $1.6 billion, while non-current assets were down 11.4 percent, to $1.3 billion.
* Non-current assets held-for-use impairment losses under SPAS 144 represent operating losses not subject to recovery.
Poor matching of long-term debt to non-current assets(thereby penalizing working capital): (unfavorable, in this situation) long-term liabilities to total non-current assets;
" Marketable equity securities other than those accounted for by the equity method are classified as either current or non-current assets and reported at the lower of cost or market.