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BCM Resources (BCM Resources) Other Current Assets : $0.00 Mil (As of Feb. 2024)


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What is BCM Resources Other Current Assets?

BCM Resources's other current assets for the quarter that ended in Feb. 2024 was $0.00 Mil.

BCM Resources's quarterly other current assets increased from Aug. 2023 ($-0.00 Mil) to Nov. 2023 ($-0.00 Mil) and increased from Nov. 2023 ($-0.00 Mil) to Feb. 2024 ($0.00Mil).

BCM Resources's annual other current assets declined from Aug. 2021 ($0.13 Mil) to Aug. 2022 ($0.05 Mil) declined from Aug. 2022 ($0.05 Mil) to Aug. 2023 ($-0.00 Mil).


BCM Resources Other Current Assets Historical Data

The historical data trend for BCM Resources'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.

BCM Resources Other Current Assets Chart

BCM Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.13 0.05 -

BCM Resources 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 0.15 0.08 - - -

BCM Resources 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.


BCM Resources Other Current Assets Related Terms

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BCM Resources (BCM Resources) Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1780, Vancouver, BC, CAN, V6C 3A6
BCM Resources Corp is principally engaged in the acquisition, exploration, development, and mining of mineral properties. The company holds interests in the Carter property in Canada and Thompson Knolls Property in the United States.