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Mines Management (Mines Management) Other Current Assets : $0.33 Mil (As of Jun. 2016)


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What is Mines Management Other Current Assets?

Mines Management's other current assets for the quarter that ended in Jun. 2016 was $0.33 Mil.

Mines Management's quarterly other current assets declined from Dec. 2015 ($0.34 Mil) to Mar. 2016 ($0.29 Mil) but then increased from Mar. 2016 ($0.29 Mil) to Jun. 2016 ($0.33Mil).

Mines Management's annual other current assets declined from Dec. 2013 ($1.80 Mil) to Dec. 2014 ($0.31 Mil) increased from Dec. 2014 ($0.31 Mil) to Dec. 2015 ($0.34 Mil).


Mines Management Other Current Assets Historical Data

The historical data trend for Mines Management'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.

Mines Management Other Current Assets Chart

Mines Management Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 1.81 1.80 0.31 0.34

Mines Management Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.36 0.37 0.34 0.29 0.33

Mines Management 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.


Mines Management Other Current Assets Related Terms

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Mines Management (Mines Management) Business Description

Traded in Other Exchanges
N/A
Address
Mines Management Inc is a publicly held Idaho corporation incorporated on February 20, 1947. The Company is engaged in the business of acquiring, exploring, and if exploration is successful, developing mineral properties, mainly those containing silver and associated base and precious metals. Its main mineral property interest, the Montanore Project, is held by its wholly owned subsidiaries, Newhi, Inc. and Montanore Minerals Corp. The Montanore Project is located in northwestern Montana, and from 1988 to 2002 was owned by Noranda Minerals Corporation. In May 2006, the Company acquired two Noranda subsidiaries that held title to the property providing access to the 14,000 foot Libby adit and related permits. It also owns certain patented and unpatented mining claims on zinc proprieties in northern Washington State referred to as the Iroquois and Advance properties. The Company's activities in the United States are subject to various federal, state and local laws & regulations governing exploration, labor standards, occupational health & mine safety, control of toxic substances and other matters involving environmental protection and taxation.
Executives
Robert L Russell director 639 N RIVERPOINT BLVD H-203 SPOKANE WA 99202
Glenn Dobbs director, officer: CEO 905 RIVERSIDE AVE., SUITE 311 SPOKANE WA 99201
James Herbert Moore officer: Chief Financial Officer
Eric Gregory Klepfer officer: VP - Operations 13058 SHERWOOD COURT, HAYDEN LAKE ID 83835
Jack Gustavel director 1411 E. MISSION AVE., SPOKANE WA 99202

Mines Management (Mines Management) Headlines