Typically, non-current assets appear under the headings of long-term investments, fixed assets – such as property, plant and equipment – or intangible assets, including patents and trademarks.

Still, assets on the balance sheet are most commonly referred to as current and non-current assets based on their convertibility into cash. Assets Example: Apple (NASDAQ: AAPL) ...

Example of a non-current asset. As an example of a non-current asset, let’s look at a mobile phone manufacturer. The company needs a machine to make phones, and so it buys one for £2 million. The ...