Assets are categorized into two types: current and non-current. Current Assets include cash and other assets that can be converted in cash within a year or operating cycle (dependent upon whichever one is longer). All current assets are reported in the list of liquidity.
These are some examples of current assets:
- Cash
- Short Term Investments/Marketable Securities
- Accounts Receivables/Notes Receivables
- Inventories
- Prepaid Expenses