GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Public Power Corp SA (FRA:PU8) » Definitions » Other Current Assets

Public Power (FRA:PU8) Other Current Assets : €465 Mil (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Public Power Other Current Assets?

Public Power's other current assets for the quarter that ended in Dec. 2023 was €465 Mil.

Public Power's quarterly other current assets declined from Dec. 2022 (€189 Mil) to Jun. 2023 (€140 Mil) but then increased from Jun. 2023 (€140 Mil) to Dec. 2023 (€465Mil).

Public Power's annual other current assets declined from Dec. 2021 (€252 Mil) to Dec. 2022 (€189 Mil) increased from Dec. 2022 (€189 Mil) to Dec. 2023 (€465 Mil).


Public Power Other Current Assets Historical Data

The historical data trend for Public Power'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.

Public Power Other Current Assets Chart

Public Power 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 205.35 202.22 252.21 188.82 465.16

Public Power Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 252.21 132.88 188.82 139.58 465.16

Public Power 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.


Public Power Other Current Assets Related Terms

Thank you for viewing the detailed overview of Public Power's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Public Power (FRA:PU8) Business Description

Traded in Other Exchanges
Address
30, Chalkokondyli Street, Athens, GRC, 104 32
Public Power Corp SA, or PPC, is a public electric utility company of which the Hellenic Republic is the majority shareholder. PPC is engaged in the generation, transmission, and distribution of electric energy. With its subsidiaries, the company operates a portfolio of natural gas, coal, hydroelectric, wind, and solar power plants. PPC's thermal energy generating facilities are responsible for the majority of the company's electricity production. The company generates the vast majority of its revenue from energy sales. These mostly take the form of sales of low-voltage electricity to residential and small commercial consumers. PPC retains a considerable market share in Europe's Interconnected System electric grid.

Public Power (FRA:PU8) Headlines

No Headlines