Is Cash an Asset?

True Tamplin

Written by True Tamplin, BSc, CEPF®
Updated on January 11, 2021

Yes, cash is an asset

It is the first in-line item on a company’s balance sheet. 

Cash is also the most liquid asset a company has available, making it a current asset

The liquidity of cash is what the liquidity of all other assets is measured against.

Are Accounts Receivable an Asset FAQs

Yes, cash is an asset.
In accounting terms, cash is a current asset.
Cash is the first in-line item on a company’s balance sheet.
Yes, cash is a liquid asset. In fact, it is a company's most liquid asset, such that the liquidity of all other assets are compared to the liquidity of cash.