A derivative asset can be classified as a current asset if it is expected to be settled or converted into cash within one year or within the operating cycle of the business, whichever is longer. Common examples include options and futures contracts that are held for trading purposes. However, if a derivative asset is intended for long-term investment or hedging, it may be classified as a non-current asset. The classification ultimately depends on the intent and timing of the asset's settlement.
Current asset
Current asset.
Current Asset
Current Asset
non-current assets.
Yes.
Current asset
Current asset.
Current Asset
non current asset
Current Asset
Basis Risk. This is the spot (cash) price of the underlying asset being hedged, less the price of the derivative contract used to hedge the asset.
non current
non-current assets.
it is a expense
is closing inventory a current or non current asset
expense owing is a current asset