Palms Sports PJSC (ADX:PALMS) Other Current Assets: د.إ72 Mil (As of Jun. 2026)

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ADX:PALMS Palms Sports PJSC ADX:PALMS
62 GF Score
Price د.إ7.40
GF Value د.إ10.49
Valuation Modestly Undervalued
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What is Palms Sports PJSC Other Current Assets?

Palms Sports PJSC ADX:PALMS +0.95% 62 Other Current Assets is د.إ72 Mil as of Jun. 2026. GuruFocus rates ADX:PALMS with a GF Score™ of 62/100 and a GF Value™ of د.إ10.49 (Modestly Undervalued).

Palms Sports PJSC's other current assets for the quarter that ended in Jun. 2026 was د.إ72 Mil.

Palms Sports PJSC's quarterly other current assets declined from Dec. 2025 (د.إ74 Mil) to Mar. 2026 (د.إ73 Mil) and declined from Mar. 2026 (د.إ73 Mil) to Jun. 2026 (د.إ72Mil).

Palms Sports PJSC's annual other current assets increased from Dec. 2023 (د.إ35 Mil) to Dec. 2024 (د.إ68 Mil) increased from Dec. 2024 (د.إ68 Mil) to Dec. 2025 (د.إ74 Mil).


Palms Sports PJSC Other Current Assets Related Terms


Palms Sports PJSC Other Current Assets Historical Data

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The historical data trend for Palms Sports PJSC'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.

Palms Sports PJSC Other Current Assets Chart

Palms Sports PJSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Other Current Assets
3.09 9.06 34.93 68.41 73.71

Palms Sports PJSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 60.67 65.75 73.71 72.57 72.45
ADX:PALMS
62GF Score
Palms Sports PJSC ADX:PALMS
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Palms Sports PJSC 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.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of د.إ72 Mil mean?
Palms Sports PJSC (ADX:PALMS) has a Other Current Assets of د.إ72 Mil as of Jun. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Palms Sports PJSC.
Is Palms Sports PJSC's Other Current Assets too high?
Palms Sports PJSC's current Other Current Assets is د.إ72 Mil. Overall, Palms Sports PJSC has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Palms Sports PJSC's Other Current Assets compare to AS and HAS?
Palms Sports PJSC's Other Current Assets of د.إ72 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Travel & Leisure company?
A good Other Current Assets depends on the Travel & Leisure industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Palms Sports PJSC. Palms Sports PJSC's current Other Current Assets is د.إ72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palms Sports PJSC stock overvalued right now?
Based on GuruFocus' analysis, Palms Sports PJSC (ADX:PALMS) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ10.49, compared to a current price of د.إ7.40 — trading 29.5% below its estimated fair value. The current Other Current Assets is د.إ72 Mil. Palms Sports PJSC's overall GF Score™ is 62/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Palms Sports PJSC (ADX:PALMS), the current Other Current Assets is د.إ72 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Palms Sports PJSC (ADX:PALMS) Overvalued in 2026?

Based on GuruFocus' analysis, Palms Sports PJSC stock appears to be undervalued. The current stock price of د.إ7.40 is trading 29.5% below its estimated GF Value™ of د.إ10.49. GuruFocus considers Palms Sports PJSC to be Modestly Undervalued.

Key valuation signals for ADX:PALMS:

  • Other Current Assets: د.إ72 Mil
  • GF Value™: د.إ10.49 vs. price of د.إ7.40 (29.5% below fair value)
  • GF Score™: 62/100

No single metric tells the full story. See the ADX:PALMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Palms Sports PJSC Business Description

Address Eastern Ring Road, Al Muntazah, 2nd Floor, Building 12, Ministries Complex, Abu Dhabi, ARE
Palms Sports PJSC is a sports management and marketing company engaged in trading sports goods and providing sports enterprise investment, institutional management, and security guard services. its reportable segments are: Income from guarding and cleaning services, which includes the provision of security guard services and onshore and offshore oil cleaning services to customers; Income from coaching and training services, which generates the maximum revenue and includes providing specialized sports training services in Jiu-Jitsu, mixed martial arts, and combat sports; Income from educational services, which includes the provision of educational services and the management of educational institutes; and Others, which includes IT research and physiotherapy treatment services.
62GF Score

Get the complete analysis for ADX:PALMS

Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ7.40
Price
د.إ10.49
GF Value