Net identifiable assets in economics refer to the value of a company’s physical assets, such as property, plant and equipment, after deducting all related liabilities. These assets are also known as “tangible assets”. Examples of net identifiable assets include buildings, machinery, vehicles and equipment.

In financial statements, net identifiable assets are usually reported as part of a company’s balance sheet. They represent the value of a company’s assets that are specifically identifiable and separable from the business as a whole. In other words, these are assets that can be sold or disposed of separately from the company’s ongoing operations.

For example, if a company owns a factory and the factory is worth $100 million, but the company has $50 million of debt related to the factory, the net identifiable assets of the factory would be $50 million ($100 million in value minus $50 million in liabilities).

It is important to note that net identifiable assets do not include intangible assets such as trademarks, patents, and copyrights, which are also important components of a company’s overall value. These intangible assets are usually reported separately as “intangible assets” on the balance sheet.