Definitions for current asset
cur·rent as·set

WiktionaryRate this definition:0.0 / 0 votes

1. current assetnoun

   An asset on the balance sheet which is expected to be sold or otherwise used up in the near future, usually within one year, or one business cycle - whichever is longer, such as cash, accounts receivable, and inventory.

WikipediaRate this definition:0.0 / 0 votes

1. Current asset

   In accounting, a current asset is any asset which can reasonably be expected to be sold, consumed, or exhausted through the normal operations of a business within the current fiscal year or operating cycle or financial year (whichever period is longer). Typical current assets include cash, cash equivalents, short-term investments which in the ordinary activity are mainly related to non-strategic companies in the process of being sold (usually as a result of private negotiations), accounts receivable, stock inventory, supplies, and the portion of prepaid liabilities (sometimes referred to as prepaid expenses) which will be paid within a year. In simple words, assets which are held for a short period are known as current assets. Such assets are expected to be realised in cash or consumed during the normal operating cycle of the business. On a balance sheet, assets will typically be classified into current assets and long-term assets.The current ratio is calculated by dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, which is its ability to meet short-term obligations. The difference between current assets and current liability is referred to as trade working capital. The quick ratio, or acid-test, measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately. Quick assets are those that can be quickly turned into cash if necessary. It would not be used for substantial period of time such as, normally, twelve months.

WikidataRate this definition:0.0 / 0 votes

1. Current asset

   In accounting, a current asset is an asset which can either be converted to cash or used to pay current liabilities within 12 months. Typical current assets include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. On a balance sheet, assets will typically be classified into current assets and long-term assets. The current ratio is calculated by dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

How to pronounce current asset?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say current asset in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of current asset in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of current asset in Pythagorean Numerology is: 1

Examples of current asset in a Sentence

1. Kazumasa Hironaka:

   We judged that the current asset size is suitable to maintain the link between the ETFs' price and index, considering the balance with trading volume of futures.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Current_Asset
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Current_Asset
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=current asset