GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Endurance Gold Corp (TSXV:EDG) » Definitions » Other Current Assets

Endurance Gold (TSXV:EDG) Other Current Assets : C$0.02 Mil (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Endurance Gold Other Current Assets?

Endurance Gold's other current assets for the quarter that ended in Mar. 2024 was C$0.02 Mil.

Endurance Gold's quarterly other current assets declined from Sep. 2023 (C$0.32 Mil) to Dec. 2023 (C$0.03 Mil) and declined from Dec. 2023 (C$0.03 Mil) to Mar. 2024 (C$0.02Mil).

Endurance Gold's annual other current assets declined from Dec. 2021 (C$0.03 Mil) to Dec. 2022 (C$0.03 Mil) increased from Dec. 2022 (C$0.03 Mil) to Dec. 2023 (C$0.03 Mil).


Endurance Gold Other Current Assets Historical Data

The historical data trend for Endurance 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.

Endurance Gold Other Current Assets Chart

Endurance Gold 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 0.01 0.02 0.03 0.03 0.03

Endurance Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.02 0.32 0.32 0.03 0.02

Endurance 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.


Endurance Gold Other Current Assets Related Terms

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


Endurance Gold (TSXV:EDG) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 1900, Vancouver, BC, CAN, V6E 2E9
Endurance Gold Corp is an operator of mineral properties intended for exploration and development company that focuses on the exploration and development of mineral properties in North America. The company focuses on gold discovery in a gold camp, with other important projects including the Elephant Mountain Gold Project and the Bandito Rare Earth Property and develops high-quality mineral projects that can generate returns, thereby enabling clients-centered expertise in mineral exploration and development, to identify and develop high-potential mineral projects that have the potential to generate significant value.
Executives
Robert T. Boyd Director, Senior Officer

Endurance Gold (TSXV:EDG) Headlines

No Headlines