kiinteiset

Kiinteiset, also known as fixed assets, are tangible resources owned by a company that are expected to provide economic benefits for a period of more than one year. These assets are typically non-current assets, meaning they are not expected to be converted into cash or used up within the accounting period. Examples of kiinteiset include buildings, machinery, vehicles, and equipment.

The accounting treatment of kiinteiset involves recording their initial cost and then depreciating the value over time. This depreciation reflects the wear and tear, obsolescence, and other factors that reduce the asset's value. The depreciation expense is then included in the company's income statement, while the asset's book value is reduced accordingly in the balance sheet.

Kiinteiset are important for a company's financial health as they represent significant investments in long-term assets. They also play a crucial role in determining the company's net working capital, which is the difference between current assets and current liabilities. A higher ratio of kiinteiset to current assets can indicate a stronger financial position, as it suggests that the company has a larger base of long-term assets to support its operations.