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Xero Current Assets by Asset

Current Assets by Asset is a financial metric that measures a company's short-term liquidity and cash flow by comparing its current assets to the total value of its assets. It helps assess the ability of a company to meet its short-term financial obligations.

With Databox you can track all your metrics from various data sources in one place.

Current Assets by Asset 2.190,879 Start tracking this metric
  • About
  • Tech details
What is "Current Assets by Asset"?
The Current Assets by Asset metric is a financial measure that calculates the proportion of current assets against the total assets of a company. It indicates the liquidity of a company and its ability to meet short-term obligations. A higher ratio indicates that the company has adequate short-term assets to cover its debts, while a lower ratio indicates that the company may face cash flow problems in the short term. It is an important metric for investors and creditors who want to assess a company's financial health and risk level.
Example: A business owner can use the Current Assets by Asset metric to track the balance of their cash, accounts receivable, inventory, and other assets in relation to their total assets, which will help them assess their company's ability to cover their short-term liabilities.

Visualizations

  • Databox visualization

    Bar and Line Chart

    Used to show comparisons between values.

How to track Current Assets by Asset in Databox?

Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.

To track Current Assets by Asset using Databox, follow these steps:

  1. 1
    Connect Xero that contains the metric you want to track
  2. 2
    Select the metric you want to track from the list of available metrics
  3. 3
    Drag and drop the selected metric onto your dashboard
  4. 4
    Watch your dashboard populate in seconds
  5. 5
    Put Current Assets by Asset on the Performance screen
  6. 6
    Get Current Assets by Asset performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Current Assets by Asset
Xero integration with Databox Track Current Assets by Asset from Xero in Databox GET STARTED

Basics

  • Description
    Current Assets by Asset is a financial metric that measures a company's short-term liquidity and cash flow by comparing its current assets to the total value of its assets. It helps assess the ability of a company to meet its short-term financial obligations.
  • Category
    Accounting
  • Subcategory
    Assets
  • Date Added
    2017-03-09
  • Default Format
    PrefixCurrency
  • Cumulative Support
    No
  • Units
    Yes
  • Granularities
    monthly, quarterly, yearly
  • Favorable Trend
    increasing
  • Historical Data
    Yes
  • Changing historical data
    No
  • Forecast Support
    Yes
  • Benchmark Support
    No
  • Media Support
    No
  • Dimension
    Yes
  • Metric Type
    general Learn more
  • API Endpoint
    https://api.xero.com/api.xro/2.0/reports/BalanceSheet

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