current assets
1
3.6
- noun
- Specialized
:
activos corrientes
- Inventory and accounts receivable are examples of current assets that can be quickly turned into cash.
- current assets account
Examples
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Official government reports refute this claim, giving total withdrawals this year as $12.5 billion, leaving current assets at $9 billion and current liabilities at $8 billion.
Academic text (2007) -
The sharp increase in current liabilities relative to current assets caused farm liquidity to decline significantly.
Academic text (2018) -
Look at this corporate cash as a percentage of current assets by sector.
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Net receivables are part of current assets; current assets are part of total assets that, in turn, form a portion of the Balance Sheet.
Academic text (2002) -
You've got current assets, namely cash, bank accounts, certificates of deposit and so on.
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The current ratio (current assets/current liabilities) is a simple measure of a firm's ability to meet short-term obligations.
Blog text (22) -
For example, in the base year of TEFRA, the median current asset account balance for small (fewer than 100 beds) not-for-profit hospitals is $958,000.
Academic text (1993) -
Greater issuer transparency and more accurate prices in the secondary market signal when an issuer's management is doing a poor job of utilizing the firm's current assets and investing in new projects.
Academic text (2016) -
After this, I listed important balance sheet data: cash (calculated as cash + ST investments), receivables inventory, other current assets, total current assets, LT debt, and total liabilities, and then the NCAV and net cash position for each company.
Blog text (14) -
Furthermore, the amount is labeled as "Receivables, Net" (the standard label for the item as specified in the referenced taxonomy) and located among "Current Assets" under "Assets" in a correctly formatted Balance Sheet.
Academic text (2002)
Antonyms
- Specialized
Not used now, for example an asset not usable within one year or old information
How Liquid
∞
1.0
- Specialized
1
3.9
- Specialized
1
3.6
- Specialized
4
5.2
279
3.6
Surface Forms
Morphology
The constituents 'current' (present/short-term) and 'assets' (valuable items) give learners a clear partial cue that these are assets relevant now or in the short term, so the basic idea is inferable. However, the precise accounting sense — specifically assets convertible to cash within one year — is a technical, conventional restriction not fully predictable from everyday meanings, so prior exposure is usually needed.
Etymology
Current assets uses current like a fast river flow and assets for things a company owns, creating the image of value that moves quickly into cash. These are things like cash, inventory, or money customers owe that can be turned into cash within a year, so the phrase means 'assets available soon'.