Current assets
The part of the assets that turns into cash within the year — inventory, receivables, cash.
Current assets are what a company consumes or collects in the ordinary course of trading: inventory, trade receivables, short-term investments and money in the bank. The opposite is fixed assets — buildings, equipment, long-term investments.
The ratio of current assets to current liabilities shows whether a company can meet what falls due over the next year. Where liabilities are larger, it depends on collecting or on new borrowing.
A note on coverage: APR's open data publishes only total business assets, with no split into fixed and current. This term is explained because it appears in full statements, but it is not shown here as a figure.
Where this figure comes from
Not in APR's open data; found in the full financial statement.
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