GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Transmissora Alianca de Energia Eletrica SA (BSP:TAEE4) » Definitions » Other Current Assets

Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Other Current Assets : R$296 Mil (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Transmissora Alianca de Energia Eletrica Other Current Assets?

Transmissora Alianca de Energia Eletrica's other current assets for the quarter that ended in Dec. 2023 was R$296 Mil.

Transmissora Alianca de Energia Eletrica's quarterly other current assets increased from Jun. 2023 (R$277 Mil) to Sep. 2023 (R$285 Mil) and increased from Sep. 2023 (R$285 Mil) to Dec. 2023 (R$296Mil).

Transmissora Alianca de Energia Eletrica's annual other current assets increased from Dec. 2021 (R$161 Mil) to Dec. 2022 (R$245 Mil) increased from Dec. 2022 (R$245 Mil) to Dec. 2023 (R$296 Mil).


Transmissora Alianca de Energia Eletrica Other Current Assets Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica'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.

Transmissora Alianca de Energia Eletrica Other Current Assets Chart

Transmissora Alianca de Energia Eletrica 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 101.78 124.36 160.90 244.89 295.56

Transmissora Alianca de Energia Eletrica 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 244.89 260.22 277.23 285.15 295.56

Transmissora Alianca de Energia Eletrica 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.


Transmissora Alianca de Energia Eletrica Other Current Assets Related Terms

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


Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Business Description

Traded in Other Exchanges
Address
Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010
Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the largest electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates most of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Headlines

No Headlines