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NextEra Energy Partners LP's other current assets for the quarter that ended in Mar. 2024 was $141 Mil.
NextEra Energy Partners LP's quarterly other current assets declined from Sep. 2023 ($178 Mil) to Dec. 2023 ($107 Mil) but then increased from Dec. 2023 ($107 Mil) to Mar. 2024 ($141Mil).
NextEra Energy Partners LP's annual other current assets increased from Dec. 2021 ($25 Mil) to Dec. 2022 ($302 Mil) declined from Dec. 2022 ($302 Mil) to Dec. 2023 ($107 Mil).
The historical data trend for NextEra Energy Partners LP'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.
NextEra Energy Partners LP Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial | 16.00 | 16.00 | 25.00 | 302.00 | 107.00 |
NextEra Energy Partners LP 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 | 138.00 | 165.00 | 178.00 | 107.00 | 141.00 |
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:
The assets grouped under other current assets are most commonly:
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.
Thank you for viewing the detailed overview of NextEra Energy Partners LP's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Peter H Kind | director | ONE LEADERSHIP SQUARE, 211 NORTH ROBINSON AVENUE, OKLAHOMA CITY OK 73102 |
Michael Dunne | officer: Treasurer | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Crews Terrell Kirk Ii | officer: Chief Financial Officer | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
James Michael May | officer: Controller/CAO | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
John W Ketchum | director, officer: President | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Charles E Sieving | officer: General Counsel | C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Rebecca J Kujawa | director, officer: Chief Financial Officer | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
James L Robo | director, officer: Chairman & CEO | 3300 PGA BOULEVARD, SUITE 350, PALM BEACH GARDENS FL 33410 |
Robert J Byrne | director | C/O MASONITE INTERNATIONAL CORPORATION, 201 NORTH FRANKLIN ST., SUITE 300, TAMPA FL 33602 |
Paul I Cutler | officer: Treasurer & Asst. Sec | C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Mark E Hickson | director, officer: EVP, Strategy & Corp Dev | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Susan D Austin | director | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Armando Jr Pimentel | director, officer: President of GP | C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD., JUNO BEACH FL 33408 |
James N. Suciu | director | 700 UNIVERSE BLVD, JUNO BEACH FL 33408 |
Nextera Energy Partners, Lp | director | 700 UNIVERSE BOULEVARD, JUNO BEACH FL 33408 |
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