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What is the total value of current assets on the balance sheet?

Value of Current Assets

The aggregate value of Current Assets displayed on a balance sheet can fluctuate based on the enterprise.

Nevertheless, some frequently encountered current assets encompass:

The cumulative value of current asset bears significance as it offers insight into a company’s liquidity. Liquidity pertains to a company’s capacity to swiftly convert its assets into cash.

A company boasting substantial current assets is deemed more liquid compared to one with fewer current assets.

 

Additionally, the combined value of current assets holds importance in the computation of a company’s working capital.

This is achieved by subtracting current liabilities from current assets. A company boasting a positive working capital is regarded as financially robust.

 

If you’re keen on ascertaining the total value of current asset featured on a specific company’s balance sheet, you can refer to the company’s financial statements. These statements are typically accessible on the company’s official website or on financial platforms such as Yahoo Finance.

To visit: https://www.incometax.gov.in

 

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