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Orosur Mining (Orosur Mining) Other Current Assets : $1.13 Mil (As of Feb. 2024)


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What is Orosur Mining Other Current Assets?

Orosur Mining's other current assets for the quarter that ended in Feb. 2024 was $1.13 Mil.

Orosur Mining's quarterly other current assets declined from Aug. 2023 ($1.07 Mil) to Nov. 2023 ($1.04 Mil) but then increased from Nov. 2023 ($1.04 Mil) to Feb. 2024 ($1.13Mil).

Orosur Mining's annual other current assets declined from May. 2021 ($3.76 Mil) to May. 2022 ($1.60 Mil) declined from May. 2022 ($1.60 Mil) to May. 2023 ($1.10 Mil).


Orosur Mining Other Current Assets Historical Data

The historical data trend for Orosur Mining'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.

Orosur Mining Other Current Assets Chart

Orosur Mining Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.56 3.18 3.76 1.60 1.10

Orosur Mining Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.50 1.10 1.07 1.04 1.13

Orosur Mining 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.


Orosur Mining Other Current Assets Related Terms

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Orosur Mining (Orosur Mining) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, 1st Floor, Toronto, ON, CAN, M5C 1P1
Orosur Mining Inc is a South American-focused gold development and exploration company. In Colombia, the company wholly owns the Anza exploration gold project located in the Middle Cauca Belt in Antioquia, Colombia which hosts such projects as Buritica, Titiribi, Marmato and La Colosa. The company is only engaged in the Ariquemes Project located in Brazil, and the El Pantano Project located in Argentina. The segment additionally includes the evaluation of mining asset acquisitions throughout Latin America.

Orosur Mining (Orosur Mining) Headlines

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Orosur Mining Inc Announces Colombia Update

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Orosur Mining Inc Announces Notice of AGM

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Orosur Mining Inc Announces Investor Presentation

By ACCESSWIRE ACCESSWIRE 06-29-2022

Orosur Mining Inc Announces AGM Results

By ACCESSWIRE 12-19-2023