What is a Non-Financial Asset?
A non-financial asset has a value based on its tangible characteristics and properties.
Non-Financial Asset Examples
A company's balance sheet includes several types of assets and liabilities. Assets include financial assets, such as cash, stocks, bonds and non-financial assets. Examples of non-financial assets include land, buildings, vehicles and equipment. Non-financial assets also include R&D, technologies, patents and other intellectual properties.
Why Non-Financial Assets Are Important
While financial assets pay the bills, non-financial assets are important in evaluating the long term viability of a company. Non-financial assets are an important part of the company's ability to incur debt by providing collateral with sustainable market value.
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.
