: assets of a short-term nature that are readily convertible to cash
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As of October 31, 2024, Healthcare Integrated Technologies had current assets of $2,266,684 and current liabilities of $944,223, resulting in a working capital surplus of $1,322,461.—Quartz Bot, Quartz, 13 Dec. 2024 The plan to distribute up to $5 billion in grants will represent an increase of about $1 billion over what the Endowment would be projected to award in the next 15 years, based on its current assets.—Michael T. Nietzel, Forbes, 11 Dec. 2024 While bankruptcy often allows a debtor to wipe out debts or legal judgments, Jones will continue to owe the families even after his current assets are gone.—Bayliss Wagner, Austin American-Statesman, 14 June 2024 And Its Role In Business Growth At its core, working capital represents the difference between a company’s current assets and liabilities.—Marek Niedzwiedz, Forbes, 22 Oct. 2024 See all Example Sentences for current assets
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