What are a company’s Current Assets?
Example below from Intel’s (INTC) 2012 2nd quarter earnings.
(Click to Enlarge)
Current Assets are used in valuation metrics such as:
Interpretation of Financial Statements, Defines this as:
“Current assets are those which are immediately convertible into cash or which, in the due course of business, tend to be converted into cash within a reasonably short time. Sometimes they’re called Lakewood or quick or floating assets.”
“Current assets are those assets that are expected to be converted into cash and less than 12 months.
Current asset groupings are listed in order of liquidity with the most easy to convert into cash listed first:
2. Accounts Receivable