A-Z Popular Blog Top Search »
Management
 Advertisements
Types of Asset

What are Current Assets?

 , updated on September 27, 2017
Current assets include cash and assets that are expected to be converted into cash, consumed or exhausted in the next year or current operating cycle.

Examples

Examples of current assets include cash, cash equivalents, foreign currency, short-term investments, accounts receivable, inventory and prepaid liabilities.

Balance Sheet

On a balance sheet, current assets are typically listed separately from long-term assets. It is customary to list items in order of liquidity with items that are easiest to turn into cash coming first. Current assets are an important consideration in judging the financial health of an entity as a measure of liquidity or ability to pay for short term obligations.
Overview: Current Assets
Type
Definition
Cash and assets that are expected to be converted into cash, consumed or exhausted in the next year or current operating cycle.
Also Known As
Current accounts
Related Concepts

Asset

This is the complete list of articles we have written about asset.
Asset Tracking
Capital Asset
Collectibles
Current Assets
Data Asset
Digital Asset
Financial Asset
Fixed Asset
Fixed Assets
Fixtures
Goodwill
Home Inventory
Intangible Assets
Personal Assets
Personal Property
Property
Tangible Assets
White Elephant
More ...
If you enjoyed this page, please consider bookmarking Simplicable.
 

Asset

An overview of the common types of assets.

Asset Management

A guide to asset management.

Information Asset

A definition of information asset with examples.

Capital Assets

An overview of capital assets with examples.

Assets

A definition of asset with a few examples.

Fixed Assets

Long-lived assets that cannot be easily converted into cash.

Intangible Assets

Assets that have no physical presence.

Money

A basic overview of money.

Tangible

The definition of tangible with examples.
The most popular articles on Simplicable in the past day.

New Articles

Recent posts or updates on Simplicable.
Site Map