Tangible assets are assets that have a physical form on a company's books and balance sheet. They include a company's machinery, office equipment, and buildings (fixed assets), as well as the materials used in product production (current assets).

Tangible assets are the non-physical assets on a company's balance sheet, such as intellectual property or licences, and are the inverse of intangible assets.

Accounting will treat various types of tangible assets differently. Current assets are typically converted into cash in the short term before appearing as revenue in an earnings report. Many fixed assets will depreciate and thus have their cost spread out over their useful life.

Tangible assets are physical assets that have a material form and can be touched, seen, or felt. These assets hold inherent value due to their physical presence and are typically used by businesses to generate income. Examples of tangible assets include real estate properties, machinery, equipment, vehicles, inventory, and cash. Real estate properties, such as land, buildings, and factories, are tangible assets that can appreciate over time and provide rental income. Machinery and equipment are tangible assets used in production processes to manufacture goods or provide services. Vehicles, including trucks and company cars, are tangible assets used for transportation purposes. Inventory represents tangible goods held by a business for sale or raw materials used in production. Cash, while intangible in nature, is considered a tangible asset because it physically exists in the form of currency or coins. Tangible assets play a crucial role in a company's balance sheet and are essential for its operations and growth.