From the course: Corporate Finance: Profitability in a Financial Downturn

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Asset identification

Asset identification

From the course: Corporate Finance: Profitability in a Financial Downturn

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Asset identification

- While asset recovery is a process to recover additional value from the assets you already own, before you can recover the value you have to identify the assets that might be underutilized or could be repurposed, redeployed for something else or that could be divested or disposed of. There are six different kinds of assets that you might identify in your asset recovery project. There are heavy equipment assets, office equipment, software, inventories, physical plant, and other assets. Any of these could bring you more value either being repurposed or redeployed or by being disposed of. One example of an underutilized asset is heavy equipment. This could be forklifts, backhoes, pickup trucks, shredders, oil and gas equipment, all kinds of different physically heavy equipment. These are used in various industries, warehousing, manufacturing, supply chain, minerals and mining. And usually there are these kinds of assets often…

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