Current Asset is all of company's assets that can be used to pay off current liabilities within current fiscal period or over next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets, since these assets can be easily liquidated in case the company goes bankrupt. However it is usually not enough to know if a company is in a good shape just based on current asset alone; the amount of current liabilities should always be considered.
Walgreen Current Asset Assessment
In accordance with recently published financial statements Walgreen Co has Current Asset of 11.87 B. This is 305.49% higher than that of Services sector, and 101.25% higher than that of Drug Stores industry, This indicator is about the same for all stocks average (which is currently at 1.19786616229E10).
Filter other Stocks by Current Asset
Walgreen is rated second in current asset category among related companies.
Follow Walgreen Current Asset with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Other Walgreen Fundamentals