Accumulated Retained Earnings Deficit vs Current Assets
Accumulated Retained Earnings Deficit
A component of Shareholders Equity
representing the cumulative amount of the entities undistributed earnings or deficit. May only be reported annually by certain companies, rather than quarterly.
Current assets of Visa Inc include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Visa. The current portion of Total Assets
, reported if a company operates a classified balance sheet that segments current and non-current assets.