Other current assets
Value of non-cash assets, including prepaid expenses and accounts receivable, due within 1 year. |
Similar financial terms
One Cancels the Other Order (OCO)A combination of two orders in which the execution of either one automatically cancels the other.
Other sources
Amount of funds generated during the period from operations by sources other than depreciation or deferred taxes. Part of Free cash flow calculation.
Other long term liabilities
Value of leases, future employee benefits, deferred taxes and other obligations not requiring interest payments that must be paid over a period of more than 1 year.
Other capital
In the balance of payments, other capital is a residual category that groups all the capital transactions that have not been included in direct investment, portfolio investment, and reserves categories. It is divided into long-term capital and short-term capital and, because of its residual status, can differ from country to country. Generally speaking, other long-term capital includes most non-negotiable instruments of a year or more like bank loans and mortgages. Other short-term capital i ...
Common stock/other equity
Value of outstanding common shares at par, plus accumulated retained earnings. Also called shareholders' equity.
Current Assets
The value of assets held at the Balance Sheet date that are represented by cash, or can be expected to be converted into cash within the next 12 months.
Current Liabilities
The value of liabilities at the Balance sheet date that the company is required to settle (pay) either on demand, or within the next 12 months.
Current intrest rate
The rate being earned on a bond based on its current market value; that value varies with the degree of premium or discount value of the bond.
Current portion of long-term dept
Those liabilities that are payable within the next 12 months, including accounts and taxes payable, and the current portion (12 months' payments) of notes payable and current liabilities.
Current ratio
A ratio that tests the strength of a company's working capital. Current assets are divided by current liabilities and the result is expressed as a factor, x to y.
Current account
Net flow of goods, services, and unilateral transactions (gifts) between countries.
Current coupon
A bond selling at or close to par, that is, a bond with a coupon close to the yields currently offered on new bonds of a similar maturity and credit risk.
Current issue
In Treasury securities, the most recently auctioned issue. Trading is more active in current issues than in off-the-run issues.
Current maturity
Current time to maturity on an outstanding debt instrument.
Current / noncurrent method
Under this currency translation method, all of a foreign subsidiary's current assets and liabilities are translated into home currency at the current exchange rate while noncurrent assets and liabilities are translated at the historical exchange rate, that is, the rate in effect at the time the asset was acquired or the liability incurred.
Current rate method
Under this currency translation method, all foreign currency balance-sheet and income statement items are translated at the current exchange rate.
Current yield
For bonds or notes, the coupon rate divided by the market price of the bond.
Assets
Anything that the firm owns. In the balance sheet, assets are divided into intangible assets and tangible assets.
Deferred assets
Payments that will be assigned as expenses in a later period, but that are paid in advance and temporarily set up as assets on the balance sheet.
Fixed assets
Alternative name for noncurrent assets.
Acquisition of assets
A merger or consolidation in which an acquirer purchases the selling firm's assets.
Return on total assets
The ratio of earnings available to common stockholders to total assets.
Return on assets (ROA)
Indicator of profitability. Determined by dividing net income for the past 12 months by total average assets. Result is shown as a percentage. ROA can be decomposed into return on sales (net income/sales) multiplied by asset utilization (sales/assets).
Residual assets
Assets that remain after sufficient assets are dedicated to meet all senior debtholder's claims in full.
Reproducible assets
A tangible asset with physical properties that can be reproduced, such as a building or machinery.
Real assets
Identifiable assets, such as buildings, equipment, patents, and trademarks, as distinguished from a financial obligation.
Quick assets
Current assets minus inventories.
Publicly traded assets
Assets that can be traded in a public market, such as the stock market.
Non-reproducible assets
A tangible asset with unique physical properties, like a parcel of land, a mine, or a work of art.
Net assets
The difference between total assets on the one hand and current liabilities and noncapitalized longterm liabilities on the other hand.
Long-term assets
Value of property, equipment and other capital assets minus the depreciation. This is an entry in the bookkeeping records of a company, usually on a "cost" basis and thus does not necessarily reflect the market value of the assets.
Admitted Assets
Assets admitted by state law to be included in an insurance company's annual statement. These assets are an important item when regulators measure insurance company solvency. They may include mortgages, stocks, bonds and real estate.
