Listed

Current assets

Assets a company expects to turn into cash, sell or use up within a year, on the balance sheet date.

Updated Oct 17, 2026

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Contents, 2 sections
  1. How Listed shows it
  2. When it says "not reported"

Current assets are what a company expects to turn into cash, sell or use up within a year, or within its operating cycle if that is longer. They include cash and equivalents, short-term investments, receivables from customers, inventory and prepaid expenses.

How Listed shows it

As reported, the total of the current section of the balance sheet: AssetsCurrent, or CurrentAssets for IFRS filers. It is an amount on the balance sheet date. It is the numerator of the current ratio.

When it says "not reported"

Banks, insurers and some other financial companies present an unclassified balance sheet, listing assets by liquidity without a current subtotal. There is no figure to report.

All terms

Related terms

  • Current liabilitiesObligations a company must settle within a year, on the balance sheet date.
  • Current ratioCurrent assets divided by current liabilities, on the same balance sheet date.
  • Cash and equivalentsCash and very short-term, highly liquid investments on the balance sheet date.

Guides that use it

No guide links to this term yet.