Non-Current Assets

What Are Non-Current Assets?

Non-current assets are long term assets the business plans to own for a year or more.

How it Works

A business will have assets.

Some of a business’s assets will be current assets. 

Others will be non-current. 

Non-current assets are long term assets that the business expects to hold for a year or more.

These include tangible assets such as buildings, equipment, office furniture. 

They also include intangible assets such as good will and patents.