A tangible asset is an asset with a physical form — something you can see or touch — such as cash, real estate (like buildings or land), or equipment. The value of tangible assets is recorded on a company’s balance sheet and plays a key role in assessing the company’s overall worth. If you’re exploring what is a tangible asset or how tangible assets differ from intangible assets, they represent the physical resources a business owns and uses to operate and generate value.

Building Blocks: Financial Statements: Balance Sheet