oboloo Glossary

Working Capital Total Assets

oboloo Glossary

Working Capital Total Assets

Working capital total assets are the total value of a company’s current assets, minus its current liabilities. In other words, they represent the liquidity that a company has to cover its daily operating costs and pay its bills. This is important for companies because it helps them remain financially stable and flexible enough to take advantage of new opportunities. Companies with higher working capital total assets have more financial freedom to pursue their goals.