In business, assets are useful property that are owned by the company. These assets can be divided into three categories: current assets, fixed assets, and intangible assets. Current assets are things like cash, marketable securities, and other assets that are expected to be converted to cash or consumed within a year. Fixed assets, such as buildings, machinery, and equipment, have a useful life of more than a year. Intangible assets are things that cannot be touched, such as the value of a brand, customer list, or trademark.
Some common types of business assets include:
- Accounts Receivable
- Bank Deposits
- Buildings
- Cash
- Cash Equivalents
- Communication Equipment
- Computers
- Concessions & Franchises
- Construction Equipment
- Cultural Assets
- Debt Securities
- Elevators
- Equipment
- Equity Securities
- Fixtures
- Furnishings
- Goodwill
- HVAC
- Infrastructure
- Interest Receivable
- Inventory
- Kitchen Equipment
- Land
- Land Improvements
- Licenses
- Loans, Advances & Deposits
- Machines
- Marketable Securities
- Media Equipment
- Mobile Devices
- Musical Instruments
- Natural Resources
- Prepaid Expenses
- Prepaid Taxes
- Production Equipment
- Property, Plant & Equipment
- Raw Materials
- Recreational Facilities
- Research & Development
- Rights
- Safety Equipment
- Satellites
- Shipping Equipment
- Ships & Boats
- Signs
- Software
- Storage Systems
- Supplies
- Taxes Receivable
- Tools & Dies
- Trademarks & Patents
- Transportation Equipment
- Uniforms
- Utensils
- Vehicles
- Work in Progress (goods in process)
