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Tangible Assets are physical, real-world assets owned by a company that have a measurable monetary value. These include machinery, equipment, land, buildings, vehicles, and inventory. Unlike intangible assets such as patents or goodwill, tangible assets can be seen, touched, and precisely valued. In fundamental analysis, tangible asset value forms the bedrock of a company's balance sheet strength and is particularly important in capital-intensive industries like manufacturing, infrastructure, and real estate.