An asset is anything, tangible or intangible, that has economic value to its owner or could have economic value in the future.

Accounting divides your company assets into two classes: current and long-term. Current assets include cash and anything you use up or convert to cash over the next 12 months. Typical examples are ...

Fixed assets are assets that are staples of your business, like property, equipment, and plants. These assets are tangible and depreciable, and typically last for longer than one year. Understanding ...

A company's assets include everything of value the company has, such as cash, investments, or property. Assets are split into two categories: current assets and long-term assets. Current assets are ...

Understand what the current ratio measures, why it matters, and how to use it to assess and improve short-term liquidity.

If you’ve been wondering what are liquid assets and why they matter, here’s the quick answer: liquid assets are anything you own that can be turned into cash quickly without losing value. These are ...

A restaurant's assets in accounting are the resources it uses to run its operations and serve its guests. These items range from food ingredients to real estate. To make it easy to see what it owns, a ...

An asset constitutes anything that holds monetary value, whether current or future, to a person or organization. Businesses, ...

Julia is a writer in New York and started covering tech and business during the pandemic. She also covers books and the publishing industry. With over a decade of editorial experience, Rob Watts ...