Current Assets

Appearing on a company's balance sheet, it represents cash, accounts receivable, inventory, marketable securities, prepaid expenses, and other assets that can be converted to cash within one year.


Current assets are important because it is from current assets that a company funds its ongoing, day-to-day operations.



Introduction to Fundamental Analysis - Here's an easy-to-understand tutorial on the techniques of analyzing a company's financial statements, including the annual and quarterly reports, the auditor's report, and much more.

Reading The Balance Sheet - Learn about the components of the statement of financial position and how they relate to each other.
Related Terms

Accounts Receivable

Balance Sheet

Cash

Current Liabilities

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