Legacy Iron Ore (ASX:LCY) Other Current Assets: A$0.11 Mil (As of Mar. 2026)


What is Legacy Iron Ore Other Current Assets?

Legacy Iron Ore ASX:LCY Other Current Assets is A$0.11 Mil as of Mar. 2026. The stock has 2 warning signs investors should review.

Legacy Iron Ore's other current assets for the quarter that ended in Mar. 2026 was A$0.11 Mil.

Legacy Iron Ore's quarterly other current assets declined from Mar. 2025 (A$0.11 Mil) to Sep. 2025 (A$0.00 Mil) but then increased from Sep. 2025 (A$0.00 Mil) to Mar. 2026 (A$0.11Mil).

Legacy Iron Ore's annual other current assets declined from Mar. 2024 (A$0.18 Mil) to Mar. 2025 (A$0.11 Mil) stayed the same from Mar. 2025 (A$0.11 Mil) to Mar. 2026 (A$0.11 Mil).

Legacy Iron Ore Other Current Assets Related Terms

Legacy Iron Ore Other Current Assets Historical Data

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The historical data trend for Legacy Iron Ore'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.

Legacy Iron Ore Other Current Assets Chart

Legacy Iron Ore Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.06 0.18 0.11 0.11

Legacy Iron Ore Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.18 -0.00 0.11 0.00 0.11

Legacy Iron Ore 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 A$0.11 Mil mean?
Legacy Iron Ore (ASX:LCY) has a Other Current Assets of A$0.11 Mil as of Mar. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Legacy Iron Ore.
Is Legacy Iron Ore's Other Current Assets too high?
Legacy Iron Ore's current Other Current Assets is A$0.11 Mil.
How does Legacy Iron Ore's Other Current Assets compare to competitors?
Legacy Iron Ore's Other Current Assets of A$0.11 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Other Current Assets depends on the Metals & Mining 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 Legacy Iron Ore. Legacy Iron Ore's current Other Current Assets is A$0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Iron Ore stock overvalued right now?
Legacy Iron Ore (ASX:LCY) has a current Other Current Assets of A$0.11 Mil. The current Other Current Assets is A$0.11 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 Legacy Iron Ore (ASX:LCY), the current Other Current Assets is A$0.11 Mil as of Mar. 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.

Legacy Iron Ore Business Description

Address 200 Adelaide Terrace, Level 6, West Perth, Perth, WA, AUS, 6004
Legacy Iron Ore Ltd is an active exploration and gold mining company with a diverse portfolio of prospective assets. The company owns a gold mine at Mount Celia and is advancing the development of additional gold, iron, and base metal assets in Western Australia through systematic exploration and mine development programs. Its portfolio comprises three key projects, namely Mt Bevan, South Laverton, and East Kimberley. The company has three reportable segments: Iron ore exploration and development in Australia; (ii) Gold exploration and development in Australia, and (iii) Base metals and other critical minerals (OCM) exploration and development in Australia. The majority of revenue is derived from the Gold segment.