Current Assets

The current asset section displays Accounts from Xero of the type Current Asset. Current assets are all the assets of a company that are expected to be sold or used as a result of standard business operations over the next year. Current assets include cash, cash equivalents, accounts receivable, stock inventory, marketable securities, pre-paid liabilities, and other liquid assets.

Non-Current Assets

Non-current assets are a company's long-term investments for which the full value will not be realised within the accounting year. Examples of non-current assets include investments in other companies, intellectual property (e.g. patents), and property, plant and equipment.

Current Liabilities

Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle. An example of a current liability is money owed to suppliers in the form of accounts payable.

Non Current Liabilities

Non-current liabilities, also known as long-term liabilities, are obligations listed on the balance sheet not due for more than a year. ... Examples of noncurrent liabilities include long-term loans and lease obligations, bonds payable and deferred revenue.


The Summary section aggregates and balances the Assets and Liabilities.

Equity is a balancing entry (Assets minus Liabilities), and not equal to Xero’s equity value.

Equity Percentage is Total Liabilities divided by Total Assets

Working capital equals Current Assets minus Current Liabilities

Current Ratio equals Current Assets divided by Current Liabilities

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