: assets of a short-term nature that are readily convertible to cash
Example Sentences
Recent Examples on the WebRevenue for the first six months of 2022 reached €4.87 billion ($4.94 billion), up 10.9 percent, or 5.4 percent on an organic basis, which focuses on constant currencies and current assets, compared to the year-ago period. Georg Szalai, The Hollywood Reporter, 28 July 2022 First-half revenue at pay TV unit Canal+ rose 2.2 percent when focusing on constant currencies and current assets, or 3.3 percent otherwise, to €2.87 billion ($2.91 billion). Georg Szalai, The Hollywood Reporter, 28 July 2022 These were situations where a company could be purchased at prices meaningfully below a conservative estimate of liquidation value (Ben Graham defined this value as current assets minus all liabilities). Jeff Henriksen, Forbes, 4 Mar. 2021 Quarterly revenue at pay TV unit Canal+ increased 6 percent when focusing on constant currencies and current assets, or 6.5 percent otherwise, to 1.45 billion euros ($1.57 billion). Georg Szalai, The Hollywood Reporter, 24 Apr. 2022 The current ratio is defined as the ratio of current assets to current liabilities at fiscal year-end. Charles Rotblut, Forbes, 15 Oct. 2021 The current ratio is defined as the ratio of current assets to current liabilities at fiscal year-end. Charles Rotblut, Forbes, 15 Oct. 2021 The current ratio is defined as the ratio of current assets to current liabilities at fiscal year-end. Charles Rotblut, Forbes, 15 Oct. 2021 Too high of a ratio may point to unnecessary investment in current assets, failure to collect receivables or bloated inventory—all factors that negatively affect earnings. Charles Rotblut, Forbes, 15 Oct. 2021 See More