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Any assets that a business will sell or use up within one year are considered current assets. See the full list of current assets with examples.
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Current Assets vs. Noncurrent Assets: What's the Difference?Current Assets vs. Noncurrent Assets Example The portion of ExxonMobil's (XOM) balance sheet pictured below from its 10-K 2021 annual filing displays where you will find current and noncurrent assets.
Examples are property, buildings, furniture, vehicles, equipment and machinery. Note that some companies refer to these as “noncurrent assets” or “fixed assets.” Types of Current Assets ...
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