Current Assets

Total Current Assets

GE Vernova Total Current Assets increased by 6.8% to $42.97B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 26.6%, from $33.94B to $42.97B. Over 2 years (FY 2023 to FY 2025), Total Current Assets shows an upward trend with a 21.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026Apr 22, 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

10 periods
 Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$27.43B$29.24B$30.72B$33.14B$34.15B$33.94B$34.71B$36.28B$40.22B$42.97B
QoQ Change+6.6%+5.1%+7.9%+3.1%-0.6%+2.3%+4.5%+10.9%+6.8%
YoY Change+24.5%+16.0%+13.0%+9.5%+17.8%+26.6%
Range$27.43B$42.97B
CAGR+22.1%
Avg YoY Growth+17.9%
Median YoY Growth+16.9%
Current Streak4 quarters growth

Frequently Asked Questions

What is GE Vernova's total current assets?
GE Vernova (GEV) reported total current assets of $42.97B in Q1 2026.
How has GE Vernova's total current assets changed year-over-year?
GE Vernova's total current assets increased by 26.6% year-over-year, from $33.94B to $42.97B.
What is the long-term trend for GE Vernova's total current assets?
Over 2 years (2023 to 2025), GE Vernova's total current assets has grown at a 21.1% compound annual growth rate (CAGR), from $27.43B to $40.22B.
What does total current assets mean?
The total value of all assets that can be turned into cash within one year.