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KKR Acquisition Holdings I (OTCPK:KAHC) Other Current Assets

: $0.68 Mil (As of Sep. 2022)
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KKR Acquisition Holdings I's other current assets for the quarter that ended in Sep. 2022 was $0.68 Mil.

KKR Acquisition Holdings I's quarterly other current assets declined from Mar. 2022 ($1.36 Mil) to Jun. 2022 ($0.99 Mil) and declined from Jun. 2022 ($0.99 Mil) to Sep. 2022 ($0.68Mil).

KKR Acquisition Holdings I's annual other current assets stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) increased from . 20 ($0.00 Mil) to Dec. 2021 ($1.48 Mil).

KKR Acquisition Holdings I Other Current Assets Historical Data

The historical data trend for KKR Acquisition Holdings I'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.

KKR Acquisition Holdings I Annual Data
Trend Dec21
Other Current Assets

KKR Acquisition Holdings I Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Other Current Assets Premium Member Only Premium Member Only 1.48 1.48 1.36 0.99 0.68

KKR Acquisition Holdings I 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:

Trade Receivables

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.

KKR Acquisition Holdings I Other Current Assets Related Terms

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KKR Acquisition Holdings I (OTCPK:KAHC) Business Description

Traded in Other Exchanges
30 Hudson Yards, Suite 7500, New York, NY, USA, 10001
KKR Acquisition Holdings I Corp is a blank check company.
Stephanie Plaines director 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Paul E Raether director C/O IDEX CORP, 630 DUNDEE ROAD, NORTHBROOK IL 60062
Kimberly A. Ross director C/O AVON PRODUCTS,INC., 1345 AVENUE OF THE AMERICAS`, NEW YORK NY 10105-0196
Glenn Murphy director, officer: CEO & Executive Chairman C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J1C7
Paula Campbell Roberts director 30 HUDSON YARDS, SUITE 7500, NEW YORK NY 10001