GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Eni SpA (NYSE:E) » Definitions » Other Current Assets

Eni SpA (Eni SpA) Other Current Assets : $7,584 Mil (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Eni SpA Other Current Assets?

Eni SpA's other current assets for the quarter that ended in Mar. 2024 was $7,584 Mil.

Eni SpA's quarterly other current assets increased from Sep. 2023 ($7,797 Mil) to Dec. 2023 ($8,771 Mil) but then declined from Dec. 2023 ($8,771 Mil) to Mar. 2024 ($7,584Mil).

Eni SpA's annual other current assets declined from Dec. 2021 ($19,986 Mil) to Dec. 2022 ($14,347 Mil) declined from Dec. 2022 ($14,347 Mil) to Dec. 2023 ($8,771 Mil).


Eni SpA Other Current Assets Historical Data

The historical data trend for Eni SpA'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.

Eni SpA Other Current Assets Chart

Eni SpA 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 3,582.22 3,020.68 19,986.44 14,347.46 8,770.99

Eni SpA 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 8,341.54 6,404.12 7,797.23 8,770.99 7,583.70

Eni SpA 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.


Eni SpA Other Current Assets Related Terms

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


Eni SpA (Eni SpA) Business Description

Industry
Address
1, Piazzale Enrico Mattei, Rome, ITA, 00144
Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, the company produced 0.8 million barrels of liquids and 4.5 billion cubic feet of natural gas per day. At end-2022, Eni held reserves of 6.6 billion barrels of oil equivalent, 48% of which are liquids. The Italian government owns a 30.1% stake in the company. Eni is placing its renewable and low-carbon business in a separate entity called Plentitude, which it will likely list publicly at some point.

Eni SpA (Eni SpA) Headlines

From GuruFocus

Eni Shareholders Stand to Gain from Restructuring

By Elliott Gue Elliott Gue 09-18-2012

Higher Oil Prices Favor Eni as More Benefits Are Ahead

By Alberto Abaterusso 02-22-2022

Eni Reports 1st-Quarter Numbers

By Alberto Abaterusso Alberto Abaterusso 05-12-2017

Eni SpA's Dividend Analysis

By GuruFocus Research 11-20-2023

Eni's New Strategy to Confront the Challenging European Scenario

By Vanina Egea Vanina Egea 03-31-2014

Buy Eni After a Plunge

By Alberto Abaterusso Alberto Abaterusso 09-04-2018

Italian Government Confirms Eni S.p.A. Chairman, CEO

By Alberto Abaterusso Alberto Abaterusso 03-21-2017

Italian Oil Company Has Recovered

By Mark Yu Mark Yu 07-25-2017