Current Assets

Total Current Assets

Air Products and Chemicals Total Current Assets decreased by 1.8% to $5.01B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.4%, from $5.19B to $5.01B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows a downward trend with a -7.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ2 2026Apr 30, 2026

How to read this metric

Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.

Detailed definition

The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...

Peer comparison

Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.

Metric ID: total_current_assets

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$8.38B$8.38B$6.48B$6.25B$6.37B$6.28B$6.32B$5.72B$5.35B$5.20B$5.65B$6.06B$5.68B$6.36B$5.35B$5.19B$6.15B$5.83B$5.10B$5.01B
QoQ Change-0.0%-22.6%-3.6%+1.9%-1.3%+0.6%-9.5%-6.4%-2.9%+8.6%+7.2%-6.3%+12.1%-15.9%-3.1%+18.5%-5.2%-12.4%-1.8%
YoY Change-24.0%-25.0%-2.5%-8.4%-15.9%-17.2%-10.6%+5.9%+6.0%+22.4%-5.3%-14.4%+8.3%-8.4%-4.6%-3.4%
Range$5.01B$8.38B
CAGR-10.2%
Avg YoY Growth-6.1%
Median YoY Growth-6.9%
Current Streak3 quarters decline

Frequently Asked Questions

What is Air Products and Chemicals's total current assets?
Air Products and Chemicals (APD) reported total current assets of $5.01B in Q1 2026.
How has Air Products and Chemicals's total current assets changed year-over-year?
Air Products and Chemicals's total current assets decreased by 3.4% year-over-year, from $5.19B to $5.01B.
What is the long-term trend for Air Products and Chemicals's total current assets?
Over 5 years (2020 to 2025), Air Products and Chemicals's total current assets has grown at a -7.7% compound annual growth rate (CAGR), from $8.68B to $5.83B.
What does total current assets mean?
The total value of all assets that can be turned into cash within one year.