What are the non current assets in a balance sheet?
Noncurrent assets fall under three major categories: tangible assets, intangible assets, and natural resources. Examples of noncurrent assets include investments, intellectual property, real estate, and equipment.
How do you calculate current assets?
Current Assets = Cash + Cash Equivalents + Inventory + Accounts Receivables + Marketable Securities + Prepaid Expenses + Other Liquid Assets
- Current ratio (Current Assets / Current Liabilities)
- Quick ratio = [(Current Assets – Inventory + Prepaid Expenses) / Current Liabilities]
What is the total current assets?
Total current assets is the aggregate amount of all cash, receivables, prepaid expenses, and inventory on an organization’s balance sheet. These assets are classified as current assets if there is an expectation that they will be converted into cash within one year.