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What is business assets?

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I have heard that the assets that a business has can play a major role in it's liquidity. And that is an important metrics to measure the worth of any business.

What are those things that can be classified as business assets in this context?
 
Business assets refer to anything that has economic/monetary value, and can provide benefits. Business assets can be classified into current assets, non-current assets and fixed assets, and intangible assets. Ratios are often used to measure the value of a business, its ability to make a profit, and its ability to pay off debts, both liquidity and solvency.
 
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