Fixed Assets vs. Current Assets

Fixed assets are assets to be used by a business for long term use, while current assets are to be used within the year.

Let's dive a little deeper into fixed assets vs. current assets.

fixed assets vs current assets example table

Fixed Assets vs. Current Assets: What's the Difference?

Fixed assets are assets that a company expects to use for more than one year, such as property, plant, and equipment (PPE), while current assets are assets that a company expects to use (or turn into cash) within a year.

Examples of Fixed Assets

  • Buildings
  • Land
  • Office furniture
  • Computer equipment
  • Vehicles
  • Machinery

Examples of Current Assets

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