Facebook Current Assets vs Total Assets Analysis

Current Assets vs Total Assets

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.

Total Assets

Total assets refers to the total amount of Facebook assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Facebook Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents, Investments,Goodwill and Intangible Assets, Property Plant and Equipment Net,Tax Assets and Trade and Non Trade Receivables.

Accounts Relationship

Current Assets vs Total Assets

Significance: Almost Identical Trend

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

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong