current assets
Quick-conversion company resources
Current assets are resources a business expects to convert to cash or use up within one year: cash itself, accounts receivable, inventory, and short-term investments.
They appear on the balance sheet and indicate a company's ability to meet short-term obligations.
The ratio of current assets to current liabilities measures financial health.
Ready spending funds
- accounts receivableDebts owed to business
- inventoryCatalog of held assets
- suppliesResources for a task
- work in progressIncomplete ongoing effort
raw materials · finished goods · credit sales · working capital · balance sheet · ledger · depreciation
Ownership stakes or inventory
- bondsTies that unite
- government bondsState-issued debt securities
- corporate bondsDebt issued by businesses
- mutual fundsCollectively managed securities portfolios
Ready spending funds
- checkingAct of verification
- savingsAccumulated money kept
- money market fundsPooled short-term debt investments
- certificate of depositTime-locked bank savings
Unprocessed production inputs
- work in progressIncomplete ongoing effort
- finished goodsManufactured items ready for sale
- suppliesResources for a task
- merchandiseCommercial products offered
cash
Ready spending funds
- accounts receivableDebts owed to business
- inventoryCatalog of held assets
- suppliesResources for a task
work in progress · raw materials · finished goods · credit sales · working capital · balance sheet · ledger · depreciation
stocks
Ownership stakes or inventory
- bondsTies that unite
- government bondsState-issued debt securities
- corporate bondsDebt issued by businesses
mutual funds · ETFs · money market funds · fixed income · portfolio
cash
Ready spending funds
- checkingAct of verification
- savingsAccumulated money kept
- money market fundsPooled short-term debt investments
certificate of deposit · accessible funds · disposable income
raw materials
Unprocessed production inputs
- work in progressIncomplete ongoing effort
- finished goodsManufactured items ready for sale
- suppliesResources for a task
- assetsproperty, cash, money, investments, bank accounts
- accountingbookkeeping, ledger, balance sheet, general ledger, accounts payable
- accounting termscash, expenses, equity, retained earnings, accounts payable
- liquid assetscash, money, funds, savings, ready money
- Asset Valuationbook value, fair value, fair market value, market value, appraised value
- liquiditycash, liquidity, cash reserves, cash position, working capital
current assetsfixed assets
Lasting business property
capital assets · long-term investments · intangible assets · buildings · land
current, asset, currently, currency, currents, assets, assent