Ghost assets are a daunting issue for industrial investors because they cause problems in the fixed asset ledger, which is the list of a business’ machinery and equipment and oftentimes an industrial investor’s largest and most significant investment.
A ghost asset is a fixed asset that can’t be accounted for because it is physically missing or otherwise rendered unusable, perhaps after breaking down. They can lead to decreased productivity and can negatively influence a company’s financial costs and impact tax liability.
Are ghost assets weighing you down? Read the full article.