Fixed assets are objects that the company plans to use in the long term to generate income.#

  • Fixed assets are often referred to as fixed assets.
  • Current assets are any assets that are expected to be converted into cash or used during the year.
  • Non-current assets, in addition to fixed assets, include intangible assets and long-term investments.
  • Fixed assets are subject to depreciation to account for the loss of value as assets are used, while intangible assets are depreciated.