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 ...

Quick ratio: Calculated by dividing current assets (excluding inventory) by current liabilities. By excluding inventory, the ...

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

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Assets generate income and appreciate in value, while liabilities drain resources and depreciate over time. Do you want to improve your net worth? Probably so. But if you’re like many people, you ...

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 ...

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