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Types of Asset

33 Examples of a Fixed Asset

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Fixed assets are long-lived assets that cannot be easily converted into cash. In order to qualify as a fixed asset it must be possible to accurately value the asset. For this reason, intangible assets are normally not considered fixed assets. The following are common examples of fixed assets.
Airplanes
Buildings
Communication towers
Computer hardware
Elevators
Equipment
Farm machinery
Fixtures
Furniture
Generators
Heating, ventilation and air conditioning
IT infrastructure
Land
Land improvements
Machinery
Medical equipment
Musical instruments
Production lines
Railroads
Satellites
Security systems
Ships
Software
Solar panels
Spacecraft
Store displays and shelving
Structures such as silos
Testing equipment
Tools
Transmission lines
Transportation infrastructure
Vehicles
Wind turbines

Counterexamples

Assets with an unclear value such as artwork.
Assets that are easily converted into cash such as stocks and other securities.
Intangible assets such as trademarks.

Notes

It is common to refer to fixed assets as Property, Plant and Equipment or PP&E.
Overview: Fixed Assets
Type
Definition
Long-lived physical assets with a clear value that cannot be easily converted into cash.
Related Concepts

Asset

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Fixtures
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Property
Tangible Assets
White Elephant
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