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current assets

   Also found in: Financial, Wikipedia 0.01 sec.
current assets
pl.n.
Cash or assets convertible into cash at short notice.

current assets
pl n
(Economics, Accounting & Finance / Accounting & Book-keeping) cash and operating assets that are convertible into cash within a year Also called floating assets Compare fixed assets
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.current assets - assets in the form of cash (or easily convertible into cash)
plural, plural form - the form of a word that is used to denote more than one
assets - anything of material value or usefulness that is owned by a person or company
capital, working capital - assets available for use in the production of further assets
Translations
current assets [ˈkʌrntˈæsɛts] npl (Fin) → attivo realizzabile e disponibile


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Your bank will be interested in the current ratio (total current assets divided by total current liabilities) and the quick ratio (cash and equivalents plus net trade receivables, divided by total current liabilities).
In many text books working capital refers to current assets, and net working capital is defined as current assets minus current liabilities.
Disabled American Veterans National Headquarters Unaudited Statement of Financial Position * June 30, 2005 Unrestricted Assets Current Assets $31,961,053 investments, at market 250,329,366 Land, buildings and Equipment, Net of Depreciation 12,325,859 Total Unrestricted Assets $294,616,278 Life Membership Assets Current Assets $6,845,700 Investments, at Market 53145679.
 
 
 
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