APHD (Apogee 21 Holdings) Other Current Assets: $0.14 Mil (As of Mar. 2016)


What is Apogee 21 Holdings Other Current Assets?

Apogee 21 Holdings APHD Other Current Assets is $0.14 Mil as of Mar. 2016.

Apogee 21 Holdings's other current assets for the quarter that ended in Mar. 2016 was $0.14 Mil.

Apogee 21 Holdings's quarterly other current assets declined from Sep. 2015 ($0.14 Mil) to Dec. 2015 ($0.13 Mil) but then increased from Dec. 2015 ($0.13 Mil) to Mar. 2016 ($0.14Mil).

Apogee 21 Holdings's annual other current assets increased from Jun. 2013 ($0.13 Mil) to Jun. 2014 ($0.22 Mil) declined from Jun. 2014 ($0.22 Mil) to Jun. 2015 ($0.17 Mil).


Apogee 21 Holdings Other Current Assets Related Terms


Apogee 21 Holdings Other Current Assets Historical Data

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The historical data trend for Apogee 21 Holdings'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.

Apogee 21 Holdings Other Current Assets Chart

Apogee 21 Holdings Annual Data
Trend Apr05 Dec06 Dec07 Dec08 Dec09 Jun11 Jun12 Jun13 Jun14 Jun15
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.10 0.13 0.22 0.17

Apogee 21 Holdings Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 0.20 0.17 0.14 0.13 0.14

Apogee 21 Holdings 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 $0.14 Mil mean?
Apogee 21 Holdings (APHD) has a Other Current Assets of $0.14 Mil as of Mar. 2016. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Apogee 21 Holdings.
Is Apogee 21 Holdings' Other Current Assets too high?
Apogee 21 Holdings' current Other Current Assets is $0.14 Mil.
How does Apogee 21 Holdings' Other Current Assets compare to RLTR and FPTA?
Apogee 21 Holdings' Other Current Assets of $0.14 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Other Current Assets depends on the Beverages - Alcoholic 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 Apogee 21 Holdings. Apogee 21 Holdings's current Other Current Assets is $0.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apogee 21 Holdings stock overvalued right now?
Apogee 21 Holdings (APHD) has a current Other Current Assets of $0.14 Mil. The current Other Current Assets is $0.14 Mil. 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 Apogee 21 Holdings (APHD), the current Other Current Assets is $0.14 Mil as of Mar. 2016. 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.

Apogee 21 Holdings Business Description

Address 4578 Carriage Lane, Las Vegas, NV, USA, 89119
Apogee 21 Holdings Inc is doing business as A21 Wine & Spirits, is a producer and marketer of craft spirits and wine. The company owns Monkey in Paradise Vodka, Andale Tequila, and Blue Nectar Tequila brands. It also has the sales agency for Zunte Mezcal and Finca Ferrer Wines from Argentina.