Recent Examples of current assets from the Web
Sumitomo's acquisition includes all of Crescent's current assets aside from the resort at Palmetto Bluff, totaling 6,400 apartments in 20 communities, 1,700 single-family lots and 1.5 million square feet of commercial square feet.
Wells Fargo will also have to improve risk management, governance, and board oversight practices, and cannot increase its current asset size until the Fed is convinced of the improvements.
Most of the current assets are those of Mr. Paulson and his executives, the investor said.
The aim is to get the plan, just 39.5% funded using current asset values, to 80% funding by 2031.
Except that less than four months before the current asset-purchase program is due to end, the Governing Council hasn’t provided any details on the scale of stimulus beyond 2017.
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.
Financial Definition of CURRENT ASSETS
What It Is
How It Works
Restricted cash (that is, cash that cannot be withdrawn or used for current operations), depreciable assets, receivables that are not due in 12 months or less, and land are examples of things that are not current assets.
Why It Matters
Current assets are important because they indicate how much cash a company essentially has access to within the next 12 months outside of third-party sources. It is indicative of how the company funds its ongoing, day-to-day operations, and how liquid a firm is. The ratio of current assets to current liabilities is particularly important in judging liquidity.
Learn More about current assets
Britannica English: Translation of current assets for Arabic speakers
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