Other Current Assets - OCA

AAA

DEFINITION of 'Other Current Assets - OCA'

A firm's assets that do not include cash, securities, receivables, inventory and prepaid assets, and can be convertible into cash within one business cycle, which is usually one year. Other current assets are listed on a firm's balance sheet, and are a component of a firm's total assets. Restricted cash or investments may be included in this figure.

INVESTOPEDIA EXPLAINS 'Other Current Assets - OCA'

There is a category of assets, in financial statements, that are called "current" because they can be considered when calculating a firm's ability to pay short-term liabilities. Inside these current assets there are certain subcategories you will usually find like "cash." Other current assets (OCA) are not common enough to have their own category. Instead, they are lumped into this generic "other" category.

The value of a company's other current assets may vary greatly from year to year depending on the health of the company and how it spends its money. It is important to determine how material these assets are, as they may distort a firm's liquidity. An example of another current asset would be a piece of property that is being readied for sale.

RELATED TERMS
  1. Spontaneous Assets

    The assets of a company that are accumulated automatically as ...
  2. Balance Sheet

    A financial statement that summarizes a company's assets, liabilities ...
  3. Current Liabilities

    A company's debts or obligations that are due within one year. ...
  4. Current Assets

    1. A balance sheet account that represents the value of all assets ...
  5. Current Ratio

    A liquidity ratio that measures a company's ability to pay short-term ...
  6. Asset

    1. A resource with economic value that an individual, corporation ...
Related Articles
  1. Investing Basics

    Reading The Balance Sheet

    Learn about the components of the statement of financial position and how they relate to each other.
  2. Professionals

    Warning Signs Of A Company In Trouble

    Don't let your clients go down with ship! Learn how to escape sinking with these tips.
  3. Options & Futures

    Understanding Financial Liquidity

    Understanding how this measure works in the market can help keep your finances afloat.
  4. Markets

    How To Analyze A Company's Financial Position

    Find out how to calculate important ratios and compare them to market value.
  5. Markets

    Company Clone Cost Reveals True Value

    Find out how calculating a reproduction cost for a company can beat out the dividend discount model.
  6. Markets

    Introduction To Fundamental Analysis

    Learn this easy-to-understand technique of analyzing a company's financial statements and reports.
  7. Charts & Patterns

    Why These Could Be 2015's 10 Best Biotech Stocks

    A quick look at a 10 biotech companies that are poised to deliver for shareholders in 2015.
  8. Mutual Funds & ETFs

    How To Build A Bond Ladder?

    Bond laddering is a strategy used when building a portfolio: an investor can spread out interest rate risk and create a stream of cash flows for income.
  9. Charts & Patterns

    Why These Could Be 2015's 10-Best Media Stocks

    A list of top-tier and speculative media stocks for 2015.
  10. Investing

    Why Is The Nasdaq 5,000 Different This Time?

    The Nasdaq this week has slipped below the 5,000 high-water mark it reached last week. The last time it hit above 5,000 was in March 2000.

You May Also Like

Hot Definitions
  1. Income Effect

    In the context of economic theory, the income effect is the change in an individual's or economy's income and how that change ...
  2. Price-To-Sales Ratio - PSR

    A valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the ...
  3. Hurdle Rate

    The minimum rate of return on a project or investment required by a manager or investor. In order to compensate for risk, ...
  4. Market Value

    The price an asset would fetch in the marketplace. Market value is also commonly used to refer to the market capitalization ...
  5. Preference Shares

    Company stock with dividends that are paid to shareholders before common stock dividends are paid out. In the event of a ...
  6. Accrued Interest

    1. A term used to describe an accrual accounting method when interest that is either payable or receivable has been recognized, ...
Trading Center