Calculate your current assets, long-term investments, fixed assets and intangible assets and add them up to get your total business assets.

Current ratio: Current Assets/Current Liabilities—measures the ability of an entity to pay its near-term obligations. “Current” usually is defined as within one year.

Is a Patent a Current Asset?. A patent is the exclusive right to market a particular invention. A patent definitely meets the balance-sheet definition of an asset, which is something of future ...