What type of assets are addressed in the premise of value discussion?

In discussions of the premise of value, the focus is generally on tangible assets. Tangible assets are physical items that have a concrete presence, such as real estate, machinery, and inventory. The premise of value is essential in business valuation as it establishes the basis on which the business's worth is assessed. When valuing a business, understanding the tangible assets gives insight into the company's operational capacity and physical footprint.

While financial assets, equity assets, and intangible assets are also significant in the overall valuation process, they may not be the primary focus in the context of the premise of value. Financial assets refer to stocks, bonds, and other forms of investment, while equity assets pertain to ownership interest in companies. Intangible assets encompass non-physical items like patents or trademarks. However, the tangible assets form the groundwork from which the value is often derived and evaluated, making them central to this specific discussion in business valuation.