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Kraton (Kraton) Other Current Assets : $38 Mil (As of Dec. 2021)


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What is Kraton Other Current Assets?

Kraton's other current assets for the quarter that ended in Dec. 2021 was $38 Mil.

Kraton's quarterly other current assets declined from Jun. 2021 ($33 Mil) to Sep. 2021 ($32 Mil) but then increased from Sep. 2021 ($32 Mil) to Dec. 2021 ($38Mil).

Kraton's annual other current assets declined from Dec. 2019 ($81 Mil) to Dec. 2020 ($27 Mil) increased from Dec. 2020 ($27 Mil) to Dec. 2021 ($38 Mil).


Kraton Other Current Assets Historical Data

The historical data trend for Kraton'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.

Kraton Other Current Assets Chart

Kraton Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.58 40.14 80.73 27.18 37.57

Kraton Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 27.18 27.58 33.35 31.80 37.57

Kraton 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.


Kraton Other Current Assets Related Terms

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Kraton (Kraton) Business Description

Traded in Other Exchanges
N/A
Address
15710 John F. Kennedy Boulevard, Suite 300, Houston, TX, USA, 77032
Kraton Corp is a specialty chemicals company that primarily manufactures elastomers and synthetic replacements for rubber. The company's operating segments include polymer and chemical. It generates a majority revenue from the polymer segment. The polymer segment is composed of styrenic block copolymers (SBCs) and other engineered polymers business. The firm's chemical segment is composed of its pine-based specialty products business. It is a geographically diverse company, oprating in the Americas, Europe, the Middle East, Africa and Asia-Pacific. The company's products are used in a wide range of applications, including adhesives, coatings, consumer and personal care products, sealants, lubricants, medical, packaging, automotive, paving and roofing, and footwear products.
Executives
Kevin Michael Fogarty director, officer: President and CEO 30 GRAND GARDEN COURT, THE WOODLANDS TX 77381
Vijay Mhetar officer: SVP, Chief Technology Officer 15710 JOHN F. KENNEDY BLVD., SUITE 300 HOUSTON TX 77032
Marcello C Boldrini officer: SVP & Chemical Seg. President 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Chris H. Russell officer: VP, Chief Accounting Officer 15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSOTN TX 77032
James Leo Simmons officer: SVP, General Counsel & Sec. 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Mark Santangelo officer: SVP, Global Operations 15710 JOHN F. KENNEDY BLVD., SUITE 300 HOUSTON TX 77032
Atanas H Atanasov officer: SVP, CFO and Treasurer C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136
Haddad Jose Fernando Cherubini other: Former SVP, Global Operations 15710 JOHN F KENNEDY BLVD SUITE 300 HOUSTON TX 77032
Heba Botros other: Former VP, Corp. Dev. 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Holger R. Jung officer: SVP & Polymer Seg. President 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Suzanna Pesgens officer: VP, Chief Procurement Officer 15710 JOHN F. KENNEDY BLVD.,SUITE 300 HOUSTON TX 77004
Melinda Scissors Conley officer: SVP & Chief HR Officer 15710 JFK BOULEVARD, SUITE 300 HOUSTON TX 77032
Shelley J Bausch director 15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSTON TX 77032
Billie Ida Williamson director 151 DETROIT STREET, DENVER CO 80206
Dan F Smith director 1221 MCKINNEY STREET, SUITE 700, HOUSTON TX 77010

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