Quarterly Financial Report: U.S. Corporations: Nonferrous Metals: Total Current Assets

QFRTCA381USNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

45,691.00

Year-over-Year Change

-4.17%

Date Range

10/1/2000 - 1/1/2025

Summary

This economic indicator tracks the total current assets of U.S. corporations in the nonferrous metals sector, providing insight into the financial health and liquidity of this specific industrial segment. The metric is crucial for understanding investment capacity, operational readiness, and potential economic performance in metal-related industries.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The trend represents the aggregate short-term assets held by nonferrous metals corporations, including cash, inventory, and receivables that can be converted to cash within one year. Economists use this data to assess sector-specific financial strength, potential investment opportunities, and broader industrial economic trends.

Methodology

Data is collected through quarterly financial reports submitted by corporations in the nonferrous metals industry, compiled and standardized by federal economic research agencies.

Historical Context

This indicator is used by policymakers, investors, and economic analysts to evaluate industrial sector performance, potential economic shifts, and strategic investment decisions.

Key Facts

  • Measures short-term financial resources in nonferrous metals corporations
  • Provides insights into sector-specific financial health
  • Reflects potential investment and operational capabilities

FAQs

Q: What does 'total current assets' mean?

A: Total current assets represent all short-term assets that can be quickly converted to cash within one year, including cash, inventory, and accounts receivable.

Q: Why are nonferrous metals important in economic analysis?

A: Nonferrous metals are critical in manufacturing, technology, and infrastructure, making their financial indicators significant for understanding industrial economic trends.

Q: How often is this data updated?

A: The Quarterly Financial Report is typically updated every three months, providing a consistent snapshot of the sector's financial condition.

Q: How do investors use this data?

A: Investors analyze this trend to assess the financial health, potential growth, and investment opportunities within the nonferrous metals sector.

Q: What are the limitations of this indicator?

A: While valuable, this metric represents only one sector and should be considered alongside other economic indicators for comprehensive analysis.

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Citation

U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: Nonferrous Metals: Total Current Assets [QFRTCA381USNO], retrieved from FRED.

Last Checked: 8/1/2025