BLSP (Blue Sphere) Other Current Assets: $2.99 Mil (As of Dec. 2018)


What is Blue Sphere Other Current Assets?

Blue Sphere BLSP Other Current Assets is $2.99 Mil as of Dec. 2018.

Blue Sphere's other current assets for the quarter that ended in Dec. 2018 was $2.99 Mil.

Blue Sphere's quarterly other current assets increased from Jun. 2018 ($3.97 Mil) to Sep. 2018 ($4.52 Mil) but then declined from Sep. 2018 ($4.52 Mil) to Dec. 2018 ($2.99Mil).

Blue Sphere's annual other current assets increased from Dec. 2016 ($0.08 Mil) to Dec. 2017 ($3.72 Mil) declined from Dec. 2017 ($3.72 Mil) to Dec. 2018 ($2.99 Mil).


Blue Sphere Other Current Assets Related Terms


Blue Sphere Other Current Assets Historical Data

* Premium members only.

The historical data trend for Blue Sphere'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.

Blue Sphere Other Current Assets Chart

Blue Sphere Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Dec16 Dec17 Dec18
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.02 0.08 3.72 2.99

Blue Sphere Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 3.72 4.75 3.97 4.52 2.99

Blue Sphere 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 $2.99 Mil mean?
Blue Sphere (BLSP) has a Other Current Assets of $2.99 Mil as of Dec. 2018. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Blue Sphere.
Is Blue Sphere's Other Current Assets too high?
Blue Sphere's current Other Current Assets is $2.99 Mil.
How does Blue Sphere's Other Current Assets compare to PRHL and ARAO?
Blue Sphere's Other Current Assets of $2.99 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Other Current Assets depends on the Utilities - Independent Power Producers 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 Blue Sphere. Blue Sphere's current Other Current Assets is $2.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Sphere stock overvalued right now?
Blue Sphere (BLSP) has a current Other Current Assets of $2.99 Mil. The current Other Current Assets is $2.99 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 Blue Sphere (BLSP), the current Other Current Assets is $2.99 Mil as of Dec. 2018. 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.

Blue Sphere Business Description

Address 301 McCullough Drive, 4th Floor, Charlotte, NC, USA, 28262
Blue Sphere Corp is an international clean-tech independent power producer that develops, owns and manages waste-to-energy facilities. It focuses on developing or acquiring projects with clean energy technologies, including waste-to-energy facilities that generate clean energy, such as electricity, natural gas, heat, soil amendment and other by-products. Geographically operates the project in the region of United States, Italy, and Israel.