GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Brisbane Broncos Ltd (ASX:BBL) » Definitions » Other Current Assets

Brisbane Broncos (ASX:BBL) Other Current Assets : A$0.96 Mil (As of Dec. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Brisbane Broncos Other Current Assets?

Brisbane Broncos's other current assets for the quarter that ended in Dec. 2024 was A$0.96 Mil.

Brisbane Broncos's quarterly other current assets increased from Dec. 2023 (A$1.01 Mil) to Jun. 2024 (A$1.07 Mil) but then declined from Jun. 2024 (A$1.07 Mil) to Dec. 2024 (A$0.96Mil).

Brisbane Broncos's annual other current assets increased from Dec. 2022 (A$0.85 Mil) to Dec. 2023 (A$1.01 Mil) declined from Dec. 2023 (A$1.01 Mil) to Dec. 2024 (A$0.96 Mil).


Brisbane Broncos Other Current Assets Historical Data

The historical data trend for Brisbane Broncos'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.

Brisbane Broncos Other Current Assets Chart

Brisbane Broncos Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.97 0.85 1.01 0.96

Brisbane Broncos Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.85 1.06 1.01 1.07 0.96

Brisbane Broncos 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.


Brisbane Broncos Other Current Assets Related Terms

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


Brisbane Broncos Business Description

Traded in Other Exchanges
N/A
Address
81 Fulcher Road, Clive Berghofer Centre, Red Hill, Brisbane, QLD, AUS, 4059
Brisbane Broncos Ltd operates in the sport and entertainment businesses, gaming monitoring, and ancillary services businesses. The principal activities of the company are the management and operation of the Brisbane Broncos Rugby League Football teams, a National Rugby League competition participant. It generates revenue from sponsorship sales, merchandise sales, royalties, membership, and others. Geographically, the group operates in Australia only.

Brisbane Broncos Headlines

From GuruFocus

3 High Earnings Return Stock Picks for the Value Investor

By Alberto Abaterusso Alberto Abaterusso 12-15-2020

6 Underperforming Guru Stocks

By Tiziano Frateschi Tiziano Frateschi 03-06-2020

Why I Bought BHP Billiton

By Jason Fieber Dividend Mantra 04-17-2013

Depressed Commodity Prices Have Created Bargains Among Miners

By Edwin Kagunda Edwin Kagunda 11-05-2015

3 Stocks Trading With Low Price-to-Free Cash Flow Ratios

By Alberto Abaterusso 01-14-2022

Top 5 2nd Quarter Trades of Palliser Capital (UK) Ltd

By GuruFocus Research GuruFocus Editor 08-01-2022

BHP Group PLC Stock Is Estimated To Be Fairly Valued

By GF Value GF Value 03-29-2021

6 Cheap Stocks Paying a High Dividend Yield

By Tiziano Frateschi Tiziano Frateschi 09-21-2020

Why I Am Averaging Down on BHP Billiton

By Jason Fieber Dividend Mantra 12-18-2014