{"ok":true,"canonical_url":"https://dealroom.so/glossary/current-assets","api_url":"https://dealroom.so/api/public/glossary/current-assets","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"current-assets","term":"Current Assets","group":"Reading the business","definition":"Assets convertible to cash within one year, like inventory and accounts receivable. They show a business's short-term liquidity and ability to meet immediate obligations.","what_it_means":"When analyzing a target business, review the Balance Sheet to understand its current assets. A healthy balance indicates strong working capital and a lower risk of short-term cash crunch, which is crucial for a smooth transition post-acquisition.","url":"https://dealroom.so/glossary/current-assets","official_sources":[],"related":[{"slug":"balance-sheet","term":"Balance Sheet","url":"https://dealroom.so/glossary/balance-sheet"},{"slug":"working-capital","term":"Working capital","url":"https://dealroom.so/glossary/working-capital"},{"slug":"inventory","term":"Inventory","url":"https://dealroom.so/glossary/inventory"},{"slug":"accounts-receivable","term":"Accounts receivable","url":"https://dealroom.so/glossary/accounts-receivable"}],"related_questions":[{"question":"What are the current size standards for a manufacturing business eligibility?","url":"https://dealroom.so/for-lenders/questions/what-are-the-current-size-standards-for-a-manufacturing-business-eligibility"},{"question":"Can I use an SBA 7(a) loan to expand my current business operations?","url":"https://dealroom.so/sba-loans/basics/can-i-use-an-sba-7-a-loan-to-expand-my-current-business-operations"},{"question":"What are the current alternative base rate options for variable rate 7(a) loans?","url":"https://dealroom.so/for-lenders/questions/what-are-the-current-alternative-base-rate-options-for-variable-rate-7-a-loans"},{"question":"Can a partial equity injection come from a deferred management bonus from my current employer?","url":"https://dealroom.so/sba-7a/questions/can-a-partial-equity-injection-come-from-a-deferred-management-bonus-from-my-current-emplo"},{"question":"Can an SBA 7(a) loan be used to buy out a current business partner?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-be-used-to-buy-out-a-current-business-partner"},{"question":"What are the current alternative base rate options available for variable rate 7(a) loans?","url":"https://dealroom.so/for-lenders/questions/what-are-the-current-alternative-base-rate-options-available-for-variable-rate-7-a-loans"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Current Assets","url":"https://dealroom.so/glossary/current-assets","source_type":"DealRoom Data"}}