Rytvae Consulting · Think Right · Invest Right
Current Assets Calculator
Result
Chart
Show formula & working
Current assets = Current investments + Inventories + Trade receivables + Cash and cash equivalents + Other bank balances + Short-term loans and advances + Other current assets
Details
Schedule III balance-sheet classification: rates and rules as of 24-Mar-2021 · Source: Ministry of Corporate Affairs — Schedule III amendment notification dated 24 March 2021; ICAI Guidance Note on Division I. Every figure based on it stays editable.
How this works
Schedule III lists current assets in this order. They fund day-to-day operations and support working capital limits.
Quick assets leave out inventories, which take longest to turn into cash.
Frequently asked questions
Are fixed deposits current assets?
Deposits maturing within twelve months are other bank balances (current); longer ones are non-current.
Do lenders count all receivables?
For drawing power, usually only those within an age limit, such as 90 days.
Getting accounts ready for a lender?
How figures are classified changes the ratios lenders read. Talk to Rytvae before you submit.