What is Tangible Fixed Assets?

This item shows the Tangible Fixed Assets value of the symbol for the selected quarter. Fixed assets item of the balance sheet shows property, plant and equipment with useful life over one year. Tangible Fixed Assets is taken from the balance sheet statement of the financial report.

Tangible Fixed Assets – AVG

This ratio shows the average of the Tangible Fixed Assets values of the selected quarter and the previous 4 quarters.

Calculation:

Tangible Fixed Assets – AVG is calculated by adding up the Tangible Fixed Assets values of the selected quarter and the preceding four quarters, and then dividing the summation by the number of quarters.