The article How to Find Total Current Assets originally appeared on Fool.com. the_motley_fool has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

What are current assets? Current assets are defined as all assets that can be expected to be converted to cash or equivalents within one year and are also known as short-term assets.

Understand the basics of the current ratio, including its use in assessing a company's liquidity and learn how it is calculated in Microsoft Excel.