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.

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.

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.

Urals Energy Closes Acquisition of Russian Producer Arctic Oil

workings for the elements in the cost of sales, non-current asset total or taxation.

Paper F1 financial operations: students are often confounded by the large amount of detail provided by questions on single-company financial statements. Using a step-by-step process should make answering them a less daunting task

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.

Chapter 1: Farm financial statements

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.

New solutions in the crediting process of agriculture

To improve its guidance on this topic, the IASB issued IFRS 5, Non-current Assets Held for Sale and Discontinued Operations (www.iasb.org/uploaded_files/documents/8_63_ifrs05-sum.pdf), which generally converges with Statement no.

Convergence: in search of the best: CPAs should understand how U.S. and foreign accounting standards influence each other

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%.

Depository institutions

Current assets declined 5.4 percent, to $1.6 billion, while non-current assets were down 11.4 percent, to $1.3 billion.

Revenue, margins trend downward for nation's top 100 ag cooperatives

* Non-current assets held-for-use impairment losses under SPAS 144 represent operating losses not subject to recovery.

Pitfalls in small business engagements

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;

Cause-and-effect ratio analysis adds decision-making value to credit scoring models

" 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.

Nonowner equity transactions - a review

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