net current assets Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “net current assets” in the English Dictionary

"net current assets" in Business English

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net current assetsnoun [plural]

uk   us   ACCOUNTING, FINANCE
a company's ​assets after its current liabilities (= ​debts that must be ​paid within 12 months) have been ​subtracted from its currentassets (= ​assets that will be used or ​sold within 12 months): Shareholder ​funds and ​netcurrentassets were in the ​negative at the end of 2009.
(Definition of net current assets from the Cambridge Business English Dictionary © Cambridge University Press)
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