Tangible Assets

RECENT NEWS
The Economic Times  Apr 25  Comment 
Revising disclosure standards, the ministry of corporate affairs has told companies that supplying the latitude and longitude of their tangible assets is now mandatory.
The Economic Times  Apr 23  Comment 
The Finance Ministry is preparing a draft note on making spectrum a tangible asset so that the airwaves can be considered as collateral by financial institutions for lending to telecom companies.
The Economic Times  Apr 8  Comment 
Bandwidth has been considered an intangible asset by banks, who have been wary of accepting it as collateral all these years.
The Economic Times  Apr 7  Comment 
The telecom department has agreed to the finance ministry’s views of classifying bandwidth as a tangible asset that can be pledged as collateral for raising funds.
Cloud Computing  Oct 22  Comment 
Trōv®, whose applications help people collect and benefit from the information about every thing they own, today announced it has partnered with the leading collateral-based lenders to enable Trōv members to borrow against...
Commodity Online  Nov 16  Comment 
The most viable tangible asset is gold in the context of money that preserves purchasing power. But even quality property that isn't mired in mortgage paper and questionable titles will preserve some relative purchasing power when a phase of...
Hedge Fund Blogs From HedgeCo.Net  Apr 20  Comment 
Seeking Alpha - Usually when Wall Street talks about hard assets, they're talking about precious metals or commodities, things you can touch or feel or consume. But hard assets can mean other things - things that bring pleasure like art,...




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Tangible Assets are assets with long-term physical existence generally acquired for use in company operations

Tangible Assets are balance sheet items such as machinery and land that are used to evaluate a company's overall net worth. They are subjected to depreciation over a life time. However, some tangible assets such as cash do not depreciate in value. Tangible assets may also be liquidated in order to satisfy debts or financial obligations.

The opposite of tangible assets are Intangible assets such as patents, trademarks, and goodwill.

Example

  • A company's laptop purchased for $1,000 in 2004 is considered a $1,000 tangible asset and has a five year life value. By 2006, the same laptop would still be considered a tangible asset, but the value of the five year old machine will drop to $600 due to straight-line depreciation of 2 years. (Calculation: $1,000 - ($1000 x 2/5) = 600)
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