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Pershing Gold (Pershing Gold) Other Current Assets : $0.68 Mil (As of Dec. 2018)


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What is Pershing Gold Other Current Assets?

Pershing Gold's other current assets for the quarter that ended in Dec. 2018 was $0.68 Mil.

Pershing Gold's quarterly other current assets declined from Jun. 2018 ($0.77 Mil) to Sep. 2018 ($0.65 Mil) but then increased from Sep. 2018 ($0.65 Mil) to Dec. 2018 ($0.68Mil).

Pershing Gold's annual other current assets declined from Dec. 2016 ($3.39 Mil) to Dec. 2017 ($1.04 Mil) declined from Dec. 2017 ($1.04 Mil) to Dec. 2018 ($0.68 Mil).


Pershing Gold Other Current Assets Historical Data

The historical data trend for Pershing Gold'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.

Pershing Gold Other Current Assets Chart

Pershing Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 3.15 3.39 1.04 0.68

Pershing Gold Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 1.04 1.03 0.77 0.65 0.68

Pershing Gold 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.


Pershing Gold Other Current Assets Related Terms

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Pershing Gold (Pershing Gold) Business Description

Traded in Other Exchanges
N/A
Address
1658 Cole Boulevard, Building 6, Suite 210, Lakewood, CO, USA, 80401
Pershing Gold Corp is a gold and precious metals exploration company. It pursues exploration, development and mining opportunities primarily in Nevada. The company currently focuses on exploration at its Relief Canyon properties in Pershing County in northwestern Nevada. The Relief Canyon properties are located about 100 miles northeast of Reno, Nevada. It operates its business directly and also through its wholly-owned subsidiary, Gold Acquisition Corp. The company seek properties with known mineralization that are in an advanced stage of exploration and have previously undergone drilling but are under-explored.
Executives
Jeffrey G Clevenger director 1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Barry C Honig 10 percent owner 215 SE SPANISH TRAIL, BOCA RATON FL 33432
Edward M Karr director RAMPARTNERS, 19 BLVD GEORGES-FAVON, GENEVA V8 1204
Timothy Mark Janke officer: Chief Operating Officer 5625 PATRICIAN WAY, WINNEMUCCA NV 89445
Eric Alexander officer: VP Finance and Controller 1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
Alex G Morrison director 1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
Douglass Scott Barr director 10901 WEST TOLLER DRIVE, SUITE 300 LITTLETON CO 80127-6312
Frost Gamma Investments Trust 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
David Rector director
Adam C Wasserman officer: Chief Financial Officer 1643 ROYAL GROVE WAY, WESTON FL 33327

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