Current assets
Assets that turn into cash within the year — stock, receivables, cash at bank.
Current assets are the part of a company's assets it normally consumes or converts to cash within a year: inventory, trade receivables, short-term financial assets and cash.
Comparing current assets with short-term liabilities is the simplest read on whether a company can cover what falls due over the coming year.
Where this figure comes from
Balance sheet, assets side, current assets.
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