current assets
DefinitionA balance sheet item which equals the sum of cash and cash equivalents, accounts receivable, inventory, marketable securities, prepaid expenses, and other assets that could be converted to cash in less than one year. A company's creditors will often be interested in how much that company has in current assets, since these assets can be easily liquidated in case the company goes bankrupt. In addition, current assets are important to most companies as a source of funds for day-to-day operations.
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current assets is ...
... part of the Accounting and Investor Relations subjects.
... part of the Accounting and Investor Relations subjects.
... #30 on our list of the most popular terms.
Related Terms
acid-test ratio, current capital, net current assets, quick ratio, raw materials, Return on Total Assets, working capital, capital employed, ROTA, classification of assets
current assets appears in these other terms
other current assets
current assets appears in the definitions of these other terms on BusinessDictionary.com
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