Other assets that appear in the balance sheet are called long-term or fixed assets because they're durable and will last more than one year. Examples of long-term assets include the following.

The current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year ... current assets on its balance sheet to satisfy its ...

Again, using an apparel manufacturer as an example, here are the key components of the balance sheet: Current assets. These are the assets in a business that can be converted to cash in one year ...