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International Tower Hill Mines (International Tower Hill Mines) Other Current Assets : $0.30 Mil (As of Dec. 2023)


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What is International Tower Hill Mines Other Current Assets?

International Tower Hill Mines's other current assets for the quarter that ended in Dec. 2023 was $0.30 Mil.

International Tower Hill Mines's quarterly other current assets declined from Jun. 2023 ($0.30 Mil) to Sep. 2023 ($0.20 Mil) but then increased from Sep. 2023 ($0.20 Mil) to Dec. 2023 ($0.30Mil).

International Tower Hill Mines's annual other current assets increased from Dec. 2021 ($0.14 Mil) to Dec. 2022 ($0.15 Mil) increased from Dec. 2022 ($0.15 Mil) to Dec. 2023 ($0.30 Mil).


International Tower Hill Mines Other Current Assets Historical Data

The historical data trend for International Tower Hill Mines'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.

International Tower Hill Mines Other Current Assets Chart

International Tower Hill Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.16 0.14 0.15 0.30

International Tower Hill Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.15 0.17 0.30 0.20 0.30

International Tower Hill Mines 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.


International Tower Hill Mines Other Current Assets Related Terms

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International Tower Hill Mines (International Tower Hill Mines) Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4
International Tower Hill Mines Ltd is a mining company. It is engaged in the acquisition, exploration, and development of mineral properties. The company holds interests in an exploration project namely the Livengood Gold Project. It is located approximately 70 miles northwest of Fairbanks, Alaska in the Tolovana mining district within the Tintina gold belt. The project property consists of land leased from the Alaska mental health trust, a number of smaller private mineral leases, Alaska state mining claims purchased or located by the company and patented ground held by the company.
Executives
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
Edel Tully director C/O INTERNATIONAL TOWER HILL MINES LTD., 2710-200 GRANVILLE STREET, VANCOUVER A1 V6C 1S4
Karl L Hanneman director, officer: Chief Executive Officer 506 GAFFNEY ROAD, SUITE 200, FAIRBANKS AK 99701
David Allen Cross officer: Chief Financial Officer C/O INERNATIONAL TOWER HILL MINES LTD., 1177 WEST HASTINGS STREET, SUITE 2300, VANCOUVER A1 V6E 2K3
Stuart Alan Harshaw director C/O INTERNATIONAL TOWER HILL MINES LTD., 1177 WEST HASTINGS ST., SUITE 2300, VANCOUVER A1 V6E 2K3
Anton J Drescher director 837 WEST HASTINGS STREET #507, VANCOUVER BC, CANADA V6C 3N6 A1 0000
Electrum Strategic Opportunities Fund Ii Gp L.p. 10 percent owner C/O THE ELECTRUM GROUP LLC, 535 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022
Christopher Papagianis director C/O INTERNATIONAL TOWER HILL MINES LTD., 1177 WEST HASTINGS STREET, SUITE 2300, VANCOUVER A1 V6E 2K3
Electrum Strategic Opportunities Fund Ii L.p. 10 percent owner C/O THE ELECTRUM GROUP LLC, 700 MADISON AVENUE, 5TH FL., NEW YORK NY 10065
Esof Ii Gp Ltd. 10 percent owner C/O THE ELECTRUM GROUP LLC, 535 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10022
Electrum Group Llc 10 percent owner 535 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10022
Thomas S. Weng director C/O INTERNATIONAL TOWER HILL MINES LTD., 1177 W. HASTINGS STREET, SUITE 2300, VANCOUVER A1 V6E 2K3
Mark R Hamilton director 2300 - 1177 WEST HASTINGS STREET, VANCOUVER A1 V6E 2K3
Tom Sq Yip officer: CFO 2300 - 1177 WEST HASTINGS STREET, VANCOUVER A1 V6E 2K3
Thomas E Irwin officer: CEO AND PRESIDENT 2300 - 1177 WEST HASTINGS STREET, VANCOUVER A1 V6E 2K3