Related Words

Asset Activity Ratios: Ratios that measure how effectively the firm is managing its assets.

Net Quick Assets: Cash, marketable securities, and accounts receivable less current liabilities.

Non-Current Assets: Assets that are not convertible to cash within one year in the normal course of business. Property and Goodwill are examples of non-current assets. See also current assets.

Net Tangible Assets Per Share: All of a company's assets except patents, trademarks, and other intangible assets minus all liabilities and the par value of preferred stock, divided by the number of shares outstanding.

Net Current Assets: The difference between current assets and current liabilities, also known as working capital.

Net Assets: Total assets minus total liabilities of an individual or company.

Net Assets (Owners Equity): The ownership interest in the assets of an entity: equal total assets minus total liabilities.

Noncurrent Asset: Any asset that is expected to be held for the whole year, not sold or exchanged, such as real estate, machinery, or a patent.

Nonoperating Assets: Investment and other assets not used in a business but held to earn a return separate from operations.

Optical Activity: A substance that is capable of rotating plane-polarized light. Molecules of an optically active substance cannot be superimposed on their own mirror images, just as your left hand cannot be . . . View Full Definition