Glossary
With over 200 terms in both English and French, our M&A Dictionary is designed to help you better understand the key words and concepts related to the sale oe purchase of a business in Canada.
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Tangible Asset
« Back to Glossary IndexCategory: Accounting and Finance
Tangible assets refer to the physical, measurable assets owned by a business that hold inherent value and contribute to its net worth. These assets include real property, such as land and buildings, machinery, equipment, and inventory. Tangible assets are distinguishable from intangible assets, as they have a concrete existence and can be touched or seen. In the context of business valuation, tangible assets play a crucial role, representing the tangible value of a company that can be quantified on the balance sheet. Evaluating tangible assets is essential for assessing a company’s financial health, determining its overall worth, and making informed investment or acquisition decisions.
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