current assets

plural noun

Definition of current assets

: assets of a short-term nature that are readily convertible to cash

Examples of current assets in a Sentence

Recent Examples on the Web The museum raises and spends about $5 million a year and holds current assets of approximately $20 million, according to federal tax filings. Jeff Mcdonald, San Diego Union-Tribune, "New Children’s Museum reaches agreement with union after laying off dozens of employees due to COVID-19," 30 Mar. 2021 It’s the company’s current assets divided by its current liabilities. Dallas News, "The Motley Fool: Netflix still has plenty of potential for global growth," 28 Mar. 2021 Minority shareholders who opposed the buyout offer told the FT that the price neither reflects the fair value of KAZ Minerals current assets, including their Aktogay-2 mine scheduled to be launched this year. Kenneth Rapoza, Forbes, "Old School KAZ Minerals Becomes Latest Kazakh Stock Story," 3 Mar. 2021 Still, there is chatter that the Magic could, eventually, be forced to cash in on their current assets to look toward the future. Sean Deveney, Forbes, "NBA Teams Eager For The Orlando Magic Fire Sale — Except The Magic," 27 Feb. 2021 Among investment-grade borrowers tracked by BNP Paribas , the ratio of current assets to current liabilities—which BNP uses to estimate liquidity—has risen this year to 86% in Europe and 97% in the U.S. Sebastian Pellejero And Paul J. Davies, WSJ, "Investors Circle Largest Corporate Cash Hoard Ever," 4 Dec. 2020 As of June 30, the airline had an unaudited deficit in shareholders’ equity of 960 million ringgit, and its unaudited current liabilities of 3.38 billion ringgit exceeded unaudited current assets of 1.39 billion ringgit. Kyunghee Park,, "AirAsia Long-Haul Arm Pitches Dramatic Overhaul to Survive," 6 Oct. 2020 However, the protest letter advises city officials that AMR’s current assets of $1.3 billion are more than double its existing liabilities. Jeff Mcdonald, San Diego Union-Tribune, "AMR protests latest losing bid to retain San Diego ambulance contract," 30 Aug. 2020 Villere's fund has a current asset allocation of 70% in stocks, 20% in bonds and 10% in cash. Paul R. La Monica, CNN, "Why older investors should still invest like they're Millennials," 8 Feb. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'current assets.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of current assets

circa 1909, in the meaning defined above

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The first known use of current assets was circa 1909

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Statistics for current assets

Last Updated

7 Apr 2021

Cite this Entry

“Current assets.” Dictionary, Merriam-Webster, Accessed 6 May. 2021.

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