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current assets

plural noun

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

Example Sentences

Recent Examples on the Web Revenue 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

Word History

First Known Use

circa 1909, in the meaning defined above

Time Traveler
The first known use of current assets was circa 1909

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