current asset


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Related to current asset: Current liabilities

Current Assets

Cash and other assets expected to be converted to cash within a year. Examples include accounts receivable, prepaid expenses, and many negotiable securities. Current assets are calculated on a balance sheet and are one way to measure a company's liquidity. Current assets tend not to add much to the company's assets, but help keep it running on a day-to-day basis. See also: Fixed asset, Gross working capital.

current asset

Cash or an asset expected to be converted into cash within one year. In addition to cash, current assets include marketable securities, accounts receivable, inventories, and prepaid expenses. Current assets are typically not very profitable but tend to add liquidity and safety to a firm's operation. Also called gross working capital.
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It was revealed that the Kovur Cooperative Sugar Factory maintained current ratio below the standard norms, and the cash and bank balance when compared to current assets were low.
Working capital management in marketing co-operatives--a study of HAFED
Going back to the example of the trading firm, that portion of its total debt which is covered by current assets is self-liquidating.
A fresh approach to financial gearing
As can be seen in the Table, the share taken by current assets item from active assets in 2005-2008 seems to gradually increase on a pro rata basis.
The effects of global economic crisis of 2008 to financial statements and liquidity ratios which companies are settled in bist energy sector (2005-2013 term review)
If the premise is accepted that CPLTD is repaid from CPFA and not from current assets, it must follow that the current ratio is flawed by including CPLTD as a current liability that must be paid from current assets.
The missing piece in liquidity calculations: why calculating the "current portion of fixed assets" would provide a more accurate picture of financial health
If a firm's current assets are large relative to the value of current liabilities, there is a high probability that the firm can pay the liabilities as they come due.
The current and quick ratios: are they only window dressing?
For this purpose ratio of raw materials to current assets, work-in-progress to current assets, finished goods to current assets are examined.
An evaluation of the size in the management of inventory in Tamilnadu cement industry
To the extent that the turnover of the firm's current assets is greater than the turnover of the firm's current liabilities, the CLI will be greater than the standard current ratio.
Liquidity measures: new developments alleviate old deficiencies
To many companies, current assets are more important than fixed assets.
WORKING CAPITAL: A MODERN APPROACH
Montclair Medical Associates Statement of assets and liabilities--modified cash basis December 31, 1994 Assets Current assets Cash $600,000 Prepaids 2,000
Managed health care accounting
The new standard would begin by combining parts of IAS 1, Disclosure of Accounting Policies, IAS 5, Information to Be Disclosed in Financial Statements, IAS 13, Presentation of Current Assets and Current Liabilities, other existing standards and the IASC Frame-work for the Preparation and Presentation of Financial Statements.
IASC outlines projects for the future

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