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Carbonite (Carbonite) Other Current Assets : $22.9 Mil (As of Sep. 2019)


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What is Carbonite Other Current Assets?

Carbonite's other current assets for the quarter that ended in Sep. 2019 was $22.9 Mil.

Carbonite's quarterly other current assets declined from Mar. 2019 ($30.7 Mil) to Jun. 2019 ($22.6 Mil) but then increased from Jun. 2019 ($22.6 Mil) to Sep. 2019 ($22.9Mil).

Carbonite's annual other current assets declined from Dec. 2016 ($7.5 Mil) to Dec. 2017 ($6.8 Mil) increased from Dec. 2017 ($6.8 Mil) to Dec. 2018 ($10.4 Mil).


Carbonite Other Current Assets Historical Data

The historical data trend for Carbonite's Other Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Carbonite Other Current Assets Chart

Carbonite Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.05 3.32 7.46 6.82 10.41

Carbonite Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.06 10.41 30.74 22.57 22.85

Carbonite Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.


Carbonite Other Current Assets Related Terms

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Carbonite (Carbonite) Business Description

Traded in Other Exchanges
N/A
Address
Two Avenue de Lafayette, Boston, MA, USA, 02111
Carbonite Inc is a provider of cloud and hybrid business continuity solutions. Its solutions include Carbonite Personal, which offers unlimited cloud backup for individuals, and Carbonite which offers cloud backup for small and midsize businesses, for an annual flat fee based on the amount of storage needed. Both solutions are packaged at three different service levels. The company derives revenues from subscription fees for its software-as-a-service offerings. A large majority of the firm's revenue is generated in the United States.
Executives
Linda Connly director C/O CARBONITE, INC., TWO AVENUE DE LAFAYETTE, BOSTON MA 02111
Charles Kane director 289 TURNPIKE RD, WESTBORO MA 01581
Anthony Folger officer: Chief Financial Officer C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Todd Krasnow director C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Marina Levinson director C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Mohamad Ali director, officer: CEO and President 2 AVENUE DE LAFAYETTE, BOSTON MA 02111
Peter Gyenes director 50 WASHINGTON ST, WESBOROUGH MA 012581
Mv Management X, L.l.c. 10 percent owner 3000 SAND HILL ROAD, BUILDING 4, SUITE 100, MENLO PARK CA 94025
Menlo Ventures X L P 10 percent owner 2884 SAND HILL RD, SUITE 100, MENLO PARK CA 94025
Menlo Entrepreneurs Fund X Lp 10 percent owner C/O MENLO VENTURES, 2884 SAND HILL RD SUITE 100, MENLO PARK CA 94025
Mmef X Lp 10 percent owner C/O MENLO VENTURES, 2884 SAND HILL RD SUITE 100, MENLO PARK CA 94025
Tim Clifford director C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Thomas A. Murray officer: SVP, Marketing C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Gary Hromadko director 301 VELOCITY WAY 5TH FLOOR, FOSTER CITY CA 94404
Crosslink Capital Inc other: Affiliate of Director 2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025

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