0 a company's assets after its current liabilities (= debts that must be paid within 12 months) have been subtracted from its current assets (= assets that will be used or sold within 12 months):
Shareholder funds and net current assets were in the negative at the end of 2009.
NEW WORDS
European
May 10, 2021
WORD OF THE DAY
Shimmer
net current assets
