Noncurrent assets are long-term assets that have a useful life of more than a year. Examples of current assets include cash, marketable securities, inventory, and accounts receivable.

These are examples of assets not normally easily disposed of. Key Takeaway: Formally, if an asset isn't expected to be cashable within a year, it isn’t considered a current asset. In business, a ...

Still, assets on the balance sheet are most commonly referred to as current and non-current assets based on their convertibility into cash. Assets Example: Apple (NASDAQ: AAPL) ...

Table of Contents. Expand. ... Capital assets are reported as non-current assets and most are ... Companies may incur spending over time to assemble assets that may be capitalized. For example, ...