Facebook Current Assets vs Current Liabilities Analysis

Current Assets vs Current Liabilities

Current Assets

Current assets of Facebook 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 Facebook. The current portion of Total Assets, reported if a company operates a classified balance sheet that segments current and non-current assets.

Current Liabilities

The current portion of Total Liabilities, reported if the company operates a classified balance sheet that segments current and non-current liabilities.

Accounts Relationship

Current Assets vs Current Liabilities

Significance: Totally Related

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Facebook Inc Current Assets account and Current Liabilities

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong