GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rosneft Oil Co (WBO:ROSN) » Definitions » Other Current Assets

Rosneft Oil Co (WBO:ROSN) Other Current Assets : €9,085 Mil (As of Dec. 2021)


View and export this data going back to 2017. Start your Free Trial

What is Rosneft Oil Co Other Current Assets?

Rosneft Oil Co's other current assets for the quarter that ended in Dec. 2021 was €9,085 Mil.

Rosneft Oil Co's quarterly other current assets increased from Jun. 2021 (€7,916 Mil) to Sep. 2021 (€8,829 Mil) and increased from Sep. 2021 (€8,829 Mil) to Dec. 2021 (€9,085Mil).

Rosneft Oil Co's annual other current assets declined from Dec. 2019 (€8,844 Mil) to Dec. 2020 (€5,184 Mil) increased from Dec. 2020 (€5,184 Mil) to Dec. 2021 (€9,085 Mil).


Rosneft Oil Co Other Current Assets Historical Data

The historical data trend for Rosneft Oil Co'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.

Rosneft Oil Co Other Current Assets Chart

Rosneft Oil Co 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 10,289.32 6,599.97 8,844.45 5,184.24 9,085.21

Rosneft Oil Co 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 5,184.24 6,894.50 7,915.62 8,828.98 9,085.21

Rosneft Oil Co 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.


Rosneft Oil Co Other Current Assets Related Terms

Thank you for viewing the detailed overview of Rosneft Oil Co's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Rosneft Oil Co (WBO:ROSN) Business Description

Traded in Other Exchanges
N/A
Address
26/1 Sofiyskaya Embankment, Moscow, RUS, 117997
Rosneft Oil Co is an integrated oil and gas company in which the Russian government is a majority shareholder. The company explores, produces, refines, transports, and sells oil and gas. The majority of revenue is generated from its oil segment, where crude and refined products are sold to international and domestic markets. Upstream, Rosneft's exploration and production is concentrated in Central Russia, with other fields throughout the country. The majority of its crude oil is exported to Europe and Asia. Downstream, the company has several refineries across Russia, which sell refined products to European and Russian markets. This includes many of Rosneft's filling stations, where the company captures additional revenue from gasoline and diesel fuel sales.

Rosneft Oil Co (WBO:ROSN) Headlines

From GuruFocus