Net Fixed Assets is the official business term for all long-term tangible assets which are used by the company in order to generate profit. These assets are expected to be held and used for a period of more than one year. This means that they do not include liquid assets like cash, nor do they include stocks or other financial investments. Examples of net fixed assets may include factory buildings, industrial machinery, technology equipment and vehicles. In short, these are all the physical things which help a company to produce income and grow its operations over the long term.