Current Assets

Total Current Assets

Target Total Current Assets increased by 8.8% to $20.70B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 0.7%, from $20.55B to $20.70B. Over 4 years (FY 2021 to FY 2025), Total Current Assets shows relatively stable performance with a -1.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.

Detailed definition

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

Peer comparison

High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.

Metric ID: total_current_assets

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$20.23B$22.58B$21.57B$17.95B$18.45B$20.39B$17.85B$15.77B$16.10B$18.60B$17.50B$17.08B$17.92B$20.55B$19.45B$17.76B$19.03B$20.70B
QoQ Change+11.6%-4.4%-16.8%+2.8%+10.5%-12.5%-11.6%+2.1%+15.5%-5.9%-2.4%+4.9%+14.7%-5.4%-8.7%+7.2%+8.8%
YoY Change-8.8%-9.7%-17.3%-12.1%-12.8%-8.8%-2.0%+8.3%+11.3%+10.5%+11.2%+4.0%+6.2%+0.7%
Range$15.77B$22.58B
CAGR+0.5%
Avg YoY Growth-1.4%
Median YoY Growth-0.6%
Current Streak2 quarters growth

Frequently Asked Questions

What is Target's total current assets?
Target (TGT) reported total current assets of $20.70B in Q3 2025.
How has Target's total current assets changed year-over-year?
Target's total current assets increased by 0.7% year-over-year, from $20.55B to $20.70B.
What is the long-term trend for Target's total current assets?
Over 4 years (2021 to 2025), Target's total current assets has grown at a -1.6% compound annual growth rate (CAGR), from $20.76B to $19.45B.
What does total current assets mean?
Everything the company owns that can be turned into cash within a single year.