{"id":10314,"date":"2023-04-05T15:26:37","date_gmt":"2023-04-05T09:56:37","guid":{"rendered":"https:\/\/www.tickertape.in\/glossary\/?p=10314"},"modified":"2023-04-05T15:26:39","modified_gmt":"2023-04-05T09:56:39","slug":"current-assets","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/glossary\/current-assets\/","title":{"rendered":"Current Assets &#8211; Definition, Types, Formula, Calculations, And More"},"content":{"rendered":"\n<p>A company\u2019s assets can directly impact the liquidity of a firm. If a firm has a large amount of money tied up in illiquid assets like land, buildings, etc., it may find it difficult to meet its short-term liabilities and financial obligations.&nbsp;<\/p>\n\n\n\n<p>Now, based on liquidity, a company\u2019s assets can be classified into current assets and non-current assets. Let\u2019s read what current assets are.&nbsp;<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_22 counter-hierarchy counter-numeric\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">You will Learn About: <\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/glossary\/current-assets\/#What-are-current-assets\" title=\"What are current assets?\">What are current assets?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/glossary\/current-assets\/#Return-on-equity-Highlights\" title=\"Return on equity: Highlights\">Return on equity: Highlights<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/glossary\/current-assets\/#Key-components-of-current-assets\" title=\"Key components of current assets\">Key components of current assets<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tickertape.in\/glossary\/current-assets\/#Types-of-current-assets\" title=\"Types of current assets\">Types of current assets<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tickertape.in\/glossary\/current-assets\/#Current-assets-formula\" title=\"Current assets formula\">Current assets formula<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tickertape.in\/glossary\/current-assets\/#Current-assets-calculation-example\" title=\"Current assets calculation example\">Current assets calculation example<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tickertape.in\/glossary\/current-assets\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tickertape.in\/glossary\/current-assets\/#FAQs\" title=\"FAQs\">FAQs<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What-are-current-assets\"><\/span>What are current assets?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"426\" src=\"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/Current-Assets--1024x426.jpeg\" alt=\"\" class=\"wp-image-10324\" srcset=\"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/Current-Assets--1024x426.jpeg 1024w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/Current-Assets--300x125.jpeg 300w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/Current-Assets--1536x638.jpeg 1536w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/Current-Assets--1024x426@2x.jpeg 2048w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/Current-Assets--300x125@2x.jpeg 600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p>A current asset is referred to as a company\u2019s asset that can be easily sold, consumed, or expended and converted into cash or cash equivalent within one year or within the normal operating cycle, whichever is longer through business operations.&nbsp;<\/p>\n\n\n\n<p>In the financial statements, these assets are separately recorded in the balance sheet under the \u201cCurrent Assets\u201d head and are usually listed in order of liquidity. Current assets typically consist of cash and cash equivalents, accounts receivable, temporary investments, inventories and prepaid expenses.<\/p>\n\n\n\n<div class=\"wp-block-uagb-advanced-heading uagb-block-37fca231\"><h2 class=\"uagb-heading-text\"><span class=\"ez-toc-section\" id=\"Return-on-equity-Highlights\"><\/span>Return on equity: Highlights<span class=\"ez-toc-section-end\"><\/span><\/h2><\/div>\n\n\n\n<ul>\n<li>Current assets are company assets that can easily be liquidated within a year or the normal operating cycle to help conduct business.&nbsp;<\/li>\n\n\n\n<li>Current assets include cash or cash equivalents, stock in trade or inventory, accounts receivable, marketable securities, prepaid expenses etc.<\/li>\n\n\n\n<li>Maintaining an appropriate balance of current assets and current liabilities might signal to lenders and investors that the company has the ability to meet its short-term obligations.<\/li>\n\n\n\n<li>Current assets are valuable to the firms because they may be utilised to support day-to-day operations.<\/li>\n<\/ul>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Key-components-of-current-assets\"><\/span>Key components of current assets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Below mentioned are some key components of current assets:<\/p>\n\n\n\n<ul>\n<li><strong>Accounts receivable<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Accounts receivable are owned by a trader or vendor for goods and services delivered but not yet paid for.&nbsp;<\/p>\n\n\n\n<ul>\n<li><strong>Inventory<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Inventory includes raw materials and finished products. However, they must be reviewed before being added to a company\u2019s balance sheet. Sometimes an inventory or goods may be illiquid or cannot be easily converted to cash. This factor depends on the product as well as the industry.&nbsp;<\/p>\n\n\n\n<ul>\n<li><strong>Prepaid expenses<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Any expenses paid for in advance classify as current assets. They are advance payments for goods and services that a business or a firm will utilise\/receive in the future. For instance, any payment made to insurance companies or contractors before its due can be considered a prepaid or advance expense.&nbsp;<\/p>\n\n\n\n<ul>\n<li><strong>Cash and equivalents<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Any ready liquid assets like currency, cheques, and bank accounts can classify as cash and equivalents.&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Types-of-current-assets\"><\/span>Types of current assets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"488\" src=\"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/Types-of-current-assets-1024x488.jpeg\" alt=\"\" class=\"wp-image-10325\" srcset=\"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/Types-of-current-assets-1024x488.jpeg 1024w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/Types-of-current-assets-300x143.jpeg 300w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/Types-of-current-assets-1536x732.jpeg 1536w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/Types-of-current-assets-1024x488@2x.jpeg 2048w, https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/Types-of-current-assets-300x143@2x.jpeg 600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p>Many assets can be classified under current assets. Below are the types of current assets:<\/p>\n\n\n\n<ul>\n<li><strong>Cash and cash equivalents<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Companies can use cash or cash equivalent to supplement their day-to-day requirements. Marketable securities, foreign currency, cheques, and petty cash are a few examples of cash and cash equivalent.<\/p>\n\n\n\n<ul>\n<li><strong>Accounts receivable<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Accounts receivable can be defined as the balance of money due on services or goods provided. Debtors and accounts receivable directly impact future inflows and a company\u2019s capacity to pay its liabilities.<\/p>\n\n\n\n<ul>\n<li><strong>Prepaid expenses<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Companies frequently pay in advance to ensure they receive the necessary service or product from third parties to run their business smoothly.&nbsp;<\/p>\n\n\n\n<ul>\n<li><strong>Inventory or stock<\/strong><\/li>\n<\/ul>\n\n\n\n<p>All cash flow and sales are affected by inventory availability and demand. Inventories may include raw materials, products in progress, or finished products, depending on the nature of the firm and demand.<\/p>\n\n\n\n<ul>\n<li><strong>Marketable securities<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Marketable securities are those that frequently trade on public markets. There are two types of marketable securities: equity securities and debt securities.<\/p>\n\n\n\n<ul>\n<li><strong>Other receivable income<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Other inflows are included in current assets. However, the calculation must be entered into the book within one year. Tax refunds can be an apt example here.&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Current-assets-formula\"><\/span>Current assets formula<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The current asset formula is represented as \u2013<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Current assets = Cash and cash equivalents + Accounts receivables + Inventory + Marketable securities + Prepaid expenses + Other liquid assets<\/strong><\/p>\n\n\n\n<p><em>Note: All above-mentioned components can be liquidated in a year or less.<\/em><\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Current-assets-calculation-example\"><\/span>Current assets calculation example<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Consider the following example for calculating the current assets of a corporation called XYZ Ltd. The data from XYX Ltd for the computation of current assets for the <a href=\"https:\/\/www.tickertape.in\/glossary\/fiscal-year\/\">fiscal year<\/a> ending 31st March 2023 is shown in the table below.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Current assets<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td>Cash and cash equivalent<\/td><td>Rs. 10,00,000<\/td><\/tr><tr><td>Accounts receivable<\/td><td>Rs. 4,00,000<\/td><\/tr><tr><td>Inventory and trade<\/td><td>Rs. 1,20,000<\/td><\/tr><tr><td>Marketable securities&nbsp;<\/td><td>Rs. 3,30,000<\/td><\/tr><tr><td>Prepaid expenses<\/td><td>Rs. 60,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>So, using the above method, XYZ Ltd&#8217;s current assets will be:<\/p>\n\n\n\n<p>= Rs. 10,00,000+4,00,000+1,20,000+3,30,000+60,000 = Rs. 19,10,000<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Current assets imply those assets that can be easily sold or expended within a year. Managers, analysts, and investors use a company\u2019s current assets, in contrast to current liabilities, to evaluate whether the company has adequate liquidity to cover its short-term obligations. Maintaining an ideal balance of current assets indicates that the company has adequate cash on hand. Understanding the concept of the current asset is critical because it is a vital indicator of a company\u2019s short-term financial health.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-uagb-faq uagb-faq__outer-wrap uagb-block-895cb4cb uagb-faq-icon-row uagb-faq-layout-accordion uagb-faq-expand-first-true uagb-faq-inactive-other-true uagb-faq__wrap uagb-buttons-layout-wrap uagb-faq-equal-height\" data-faqtoggle=\"true\" role=\"tablist\">\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-14d1dcfd\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>Is inventory a current asset?<\/strong><\/span><\/div><p class=\"uagb-faq-content\">Inventory, in simpler terms, includes the stock of raw materials and finished goods that the company owns. It is reasonably expected to be converted into cash or cash equivalents within a year. So, yes, inventory is a current asset.\u00a0<\/p><\/div>\n\n\n\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-4712c6b9\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>Is the stock a current asset?<\/strong><\/span><\/div><p class=\"uagb-faq-content\">Stock is part of an inventory. So yes, it is a current asset. However, there may be instances where stock cannot be converted to ready cash. Hence caution is required when dealing with such components.\u00a0<\/p><\/div>\n\n\n\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-c2d9ebc8\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>Is prepaid expense a current asset?<\/strong><\/span><\/div><p class=\"uagb-faq-content\">Paying for a commitment or bill in advance classifies as prepaid expenses.<\/p><\/div>\n\n\n\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-99c4e34a\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>Is goodwill a current asset?<\/strong><\/span><\/div><p class=\"uagb-faq-content\">No, goodwill is an intangible asset and can not be accounted for as current assets in any period of time.\u00a0<\/p><\/div>\n\n\n\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-c09ea30c\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>What are current assets and current liabilities<\/strong>?<\/span><\/div><p class=\"uagb-faq-content\">Any asset that can be converted to cash and equivalents is called a current asset, e.g., cash at the bank, inventory, etc. Any obligation or commitment that needs to be fulfilled in a year\u2019s time qualifies as current liabilities, e.g., short-term debt, <a href=\"https:\/\/www.tickertape.in\/glossary\/accounts-payable\/\">accounts payable<\/a> and more.<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Current assets are those assets that can readily be converted into cash and cash equivalents. Read more to understand what current assets are all about.<\/p>\n","protected":false},"author":90,"featured_media":10315,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[1],"tags":[1929],"jetpack_featured_media_url":"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1.png","uagb_featured_image_src":{"full":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1.png",2086,1086,false],"thumbnail":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-150x150.png",150,150,true],"medium":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-300x156.png",300,156,true],"medium_large":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1.png",768,400,false],"large":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-1024x533.png",770,401,true],"1536x1536":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-1536x800.png",1536,800,true],"2048x2048":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-2048x1066.png",2048,1066,true],"authorship-box-avatar":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-150x150.png",150,150,true],"authorship-box-related":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-70x70.png",70,70,true],"post-thumbnail":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-270x180.png",270,180,true],"contentberg-main":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-770x515.png",770,515,true],"contentberg-main-full":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-1170x508.png",1170,508,true],"contentberg-slider-stylish":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-900x515.png",900,515,true],"contentberg-slider-carousel":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-370x370.png",370,370,true],"contentberg-slider-grid-b":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-554x466.png",554,466,true],"contentberg-slider-grid-b-sm":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-306x466.png",306,466,true],"contentberg-slider-bold-sm":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-150x150.png",150,150,true],"contentberg-grid":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-370x245.png",370,245,true],"contentberg-list":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-260x200.png",260,200,true],"contentberg-list-b":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-370x305.png",370,305,true],"contentberg-thumb":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-87x67.png",87,67,true],"contentberg-thumb-alt":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/04\/2-1-150x150.png",150,150,true]},"uagb_author_info":{"display_name":"Anjali Chourasiya","author_link":""},"uagb_comment_info":0,"uagb_excerpt":"Current assets are those assets that can readily be converted into cash and cash equivalents. Read more to understand what current assets are all about.","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/10314"}],"collection":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/users\/90"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/comments?post=10314"}],"version-history":[{"count":2,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/10314\/revisions"}],"predecessor-version":[{"id":10327,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/10314\/revisions\/10327"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/media\/10315"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/media?parent=10314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/categories?post=10314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/tags?post=10314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}