Gross fixed assets is an accounting term that refers to the total price a business has paid for its fixed assets. A fixed asset is physical property that a business owns that can't be easily converted to cash. Examples of fixed assets include land, buildings and equipment. Gross fixed assets can be used in various profitability formulas. To determine gross fixed assets, you need to sum the prices that a business paid for all its fixed assets.

Determine what fixed assets a business owns. Fixed assets are also called long-term assets and generally include buildings, land and equipment.

Find the price the business paid for its fixed assets.

Sum the price paid for a business's fixed assets to find its gross fixed assets. For example, if a business paid $500 for land, $200 for a building and $800 for equipment, its gross fixed assets would be $1,500.


Be sure to disregard any depletion or depreciation allowances, because these do not figure into the calculation of gross fixed assets.