tangible asset


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Related to tangible asset: Current asset

Tangible asset

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

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 asset

An asset such as a building or piece of equipment that has physical properties. Also called hard asset. Compare intangible asset. See also net tangible assets per share.
References in periodicals archive ?
(7) Regularly discuss your tangible assets with your circle of advisors.
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. In a situation such as this, the 'goodwill' could be quantified on the balance sheet, but a are alive lender would find a way to recognize this without strapping working capital that might be needed to fund integration and growth.
By applying this rate extraction technique to a set of comparable sales, the appraiser formulates a reliable set of tangible asset capitalization rates that can be employed in the HUD valuation.
It is well-established that the value of any enterprise rests upon the net current value of its tangible assets and its ability (or lack thereof) to generate excess earnings (I prefer the term "residual profit"), over and above fair compensation to any owner-employee(s) for work performed, and over and above a fair return on the current value of such tangible assets.
Assume the practice has no material investment in tangible assets and the appropriate capitalization rate for a physician's practice is 20% (reflecting the value of the practice is primarily goodwill).
* The industry average pro-tax return on the book value of net tangible assets is 13 per cent, while that of Lolly Co is 16 per cent.
They, along with telecom operators, however have been demanding that spectrum should be categorized as a tangible asset which could then be pledged, considering that the scarce natural resource is the most valuable asset that a telco has.
Here's why: 1) Cashflow lending can maximise the debt capacity of the business As we are not restricted to the lending against the tangible assets of the business there is the potential to leverage more debt than conventional lending; 2) It levels the playing field for service companies Thousands of SMEs are servicesfocused, with little or no tangible assets.
Under this restatement, IFRS 16 impact to opening balance on 1 January 2018 amounted to EUR44.0m in tangible assets, EUR0.4m in deferred tax asset, EUR45.9m in interest-bearing liabilities and a negative EUR1.5m in retained earnings.
Applications under the Rural Development 2014-2020 Program (RDP) Measure Investment in Tangible Assets Activity Support to Investments in Agricultural Holdings shall be accepted in the territorial support administration departments of the NPA.
Shareholders' equity to assets and tangible common equity to tangible assets ended the quarter at 10.33% and 8.84%, respectively
As currently proposed, the new listing requirements pertaining to those entities applying under the "assets test" include increasing the minimum financial thresholds (net tangible assets greater than A$5 million or market cap greater than A$20 million) and having audited financial reports for the past three years.