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Resource Capital Gold (Resource Capital Gold) Other Current Assets : $1.23 Mil (As of Sep. 2018)


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What is Resource Capital Gold Other Current Assets?

Resource Capital Gold's other current assets for the quarter that ended in Sep. 2018 was $1.23 Mil.

Resource Capital Gold's quarterly other current assets increased from Mar. 2018 ($0.11 Mil) to Jun. 2018 ($1.20 Mil) and increased from Jun. 2018 ($1.20 Mil) to Sep. 2018 ($1.23Mil).

Resource Capital Gold's annual other current assets increased from Jun. 2016 ($0.03 Mil) to Jun. 2017 ($0.14 Mil) increased from Jun. 2017 ($0.14 Mil) to Jun. 2018 ($1.20 Mil).


Resource Capital Gold Other Current Assets Historical Data

The historical data trend for Resource Capital Gold'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.

Resource Capital Gold Other Current Assets Chart

Resource Capital Gold Annual Data
Trend Apr09 Apr10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.03 0.14 1.20

Resource Capital Gold Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.18 0.16 0.11 1.20 1.23

Resource Capital Gold 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.


Resource Capital Gold Other Current Assets Related Terms

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Resource Capital Gold (Resource Capital Gold) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Resource Capital Gold Corp is a precious-metals developer and producer. The company has the pipeline of late-stage exploration, development and producing gold-silver assets in North America. The company is currently focusing on Dufferin Gold Mine and mill in Nova Scotia. It is also advancing the Corcoran Canyon, Tangier and Forest Hill gold-silver projects. Its mineral operations are located in Canada and the United States of America.

Resource Capital Gold (Resource Capital Gold) Headlines

From GuruFocus

Resource Capital Gold Closes Second Tranche of Non-Brokered Financing

By GlobeNewswire GlobeNewswire 03-16-2018

Resource Capital Gold: Board of Director Resignation

By GlobeNewswire GlobeNewswire 11-03-2018