Prepaid and other current assets
Prepaid expenses and other assets classified as current.
Worked example · a round-number company
Prepaid and other current assets$1.0B÷Total assets$10.0B=Share of assets10.0%This period$1.0B÷A year before$800M− 1 =Change+25.0%How to read it
↕Neither higher nor lower is better. Shows other resources within the operating cycle.
Keep in mind
- Prepayments are not cash available to pay obligations.