Tangible Assets is a subgroup of assets that has tangible character. Tangible assets is used in the organization for a long time and either gradually wears (buildings, structures, machinery, manufacturing equipment, instruments, inventory, means of transport), or doesn’t depreciate (land, artwork, gold). These assets are further divided into movable property (one that can be moved - machinery, production equipment, etc.) and real estate - immovable property (cannot be moved - permanent buildings, land).
Tangible assets in practice: Tangible assets are not consumed at once, but by gradually wear derives its value in the form of depreciation in the value of the products, respectively costs of the organization. Depreciation transfers the value of little liquidity assets into assets with higher liquidity.