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Arvana's other current assets for the quarter that ended in Sep. 2024 was $0.00 Mil.
Arvana's quarterly other current assets declined from Mar. 2024 ($0.01 Mil) to Jun. 2024 ($0.01 Mil) and declined from Jun. 2024 ($0.01 Mil) to Sep. 2024 ($0.00Mil).
Arvana's annual other current assets stayed the same from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.00 Mil) increased from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($0.01 Mil).
The historical data trend for Arvana'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.
Arvana Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial |
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- | - | - | - | 0.01 |
Arvana Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Other Current Assets | Get a 7-Day Free Trial |
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0.01 | 0.01 | 0.01 | 0.01 | - |
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:
The assets grouped under other current assets are most commonly:
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.
Thank you for viewing the detailed overview of Arvana's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Brian Lovig | 10 percent owner | 601 UNION STREET, 42ND FLOOR, SEATTLE WA 98101 |
Bondock Llc | 10 percent owner | 1057 WHITNEY RANCH DRIVE, SUITE 350, HENDERSON NV 89014 |
Carl Dawson | director | 21650 OXNARD STREET, UNITE 1405, WOODLANDHILLS CA 91367 |
Matthew Bentley Hoover | director | 5420 YOLANDA AVE, #111, TARZANA CA 91356 |
Alkiviades David | 10 percent owner, other: Indirect beneficial owner | 338 N. CANON DRIVE, 3RD FLOOR, BEVERLY HILLS CA 90210 |
Altaf Nazerali | 10 percent owner | 555 PALISADE DR, V6R 2H9, N VANCOUVER BC A1 |
Biltmore International Corporation | 10 percent owner | 1090 KING GEORGES POST ROAD, SUITE 203, EDISON NJ 08837 |
Shawn Michael Teigen | director | 163 WILLIAMS AVE, SALT LAKE CITY UT 84111 |
Ruairidh Campbell | director, officer: CEO,CRO,PAO | 600 WESTWOOD TERRACE, AUSTIN TX 78746 |
Wayne Nathan Smith | officer: Chief Financial Officer | 1015 IRONWORK PASSAGE, VANCOUVER A1 V6H 3R4 |
Brulex - Consultadoria Economica E Marketing Lda | 10 percent owner | RUA DA ALFANDEGA 13, 9000-059 FUNCHAL, MADEIRA S1 0000 |
Karen Engleson | officer: CORPORATE SECRETARY | SUITE 2610 - 1066 WEST HASTINGS STREET, VANCOUVER A1 V6E 3X2 |
Jervis Michael John Stewart | director | SUITE 2610, 1066 WEST HASTINGS ST, VANCOUVER A1 V6E 3X2 |
Ross Wilmot | director | 13548 19TH AVE., V4A 6B4, S. SURREY BC A1 00000 |
Teyfik Oezcan | officer: Vice-President, Europe | HALLOTEL DEUTSCHLAND GMBH, OTTO-HAHN STRASSE 8, LANGEN 2M 63225 |
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