GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BK Technologies Corp (AMEX:BKTI) » Definitions » Other Current Assets

BK Technologies (BK Technologies) Other Current Assets : $1.89 Mil (As of Dec. 2023)


View and export this data going back to 1984. Start your Free Trial

What is BK Technologies Other Current Assets?

BK Technologies's other current assets for the quarter that ended in Dec. 2023 was $1.89 Mil.

BK Technologies's quarterly other current assets increased from Jun. 2023 ($1.38 Mil) to Sep. 2023 ($1.96 Mil) but then declined from Sep. 2023 ($1.96 Mil) to Dec. 2023 ($1.89Mil).

BK Technologies's annual other current assets declined from Dec. 2021 ($1.63 Mil) to Dec. 2022 ($1.58 Mil) increased from Dec. 2022 ($1.58 Mil) to Dec. 2023 ($1.89 Mil).


BK Technologies Other Current Assets Historical Data

The historical data trend for BK Technologies'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.

BK Technologies Other Current Assets Chart

BK Technologies 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 1.73 1.88 1.63 1.58 1.89

BK Technologies 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 1.58 1.46 1.38 1.96 1.89

BK Technologies 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.


BK Technologies Other Current Assets Related Terms

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


BK Technologies (BK Technologies) Business Description

Traded in Other Exchanges
N/A
Address
7100 Technology Drive, West Melbourne, FL, USA, 32904
BK Technologies Corp designs, manufactures, markets wireless communication products. The company has divided its products into business and industrial analog, portables, mobiles, base stations, and repeaters. Its product portfolio consists of two-way land mobile radios, handheld radios, radios installed in vehicles. Its products are sold in the government and public safety market and business and industrial market.
Executives
Scott A. Malmanger officer: CFO and Secretary 13506 SUMMERPORT PKWY #160, WINDERMERE FL 34786
E. Gray Payne director C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
John M Suzuki director, officer: CEO 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Fundamental Global Gp, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Robert Joseph Jackson director 743 JETTON STREET, DAVIDSON NC 28036
Bk Technologies Holdings, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Lloyd Roberts Sams director 10849 FLOWERSTONE STREET, OAKTON VA 22124
Michael C Mitchell director C/O BALLANTYNE STRONG, INC., 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Fundamental Global Investors, Llc 10 percent owner 136 CORPORATE PARK DRIVE, SUITE G, MOORESVILLE NC 28117
Joseph H Moglia 10 percent owner AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127
Lewis M Johnson 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Kyle Cerminara director, 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Branko Avanic officer: Chief Technology Officer C/O BK TECHNOLOGIES CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Randy Willis officer: Chief Operating Officer C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
James R. Holthaus officer: Chief Technology Officer C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904