BMSPF (Biomass Secure Power) Other Current Assets: $0.06 Mil (As of Jun. 2010)


What is Biomass Secure Power Other Current Assets?

Biomass Secure Power BMSPF Other Current Assets is $0.06 Mil as of Jun. 2010.

Biomass Secure Power's other current assets for the quarter that ended in Jun. 2010 was $0.06 Mil.

Biomass Secure Power's quarterly other current assets increased from Jun. 2005 ($0.00 Mil) to Jun. 2009 ($0.06 Mil) but then stayed the same from Jun. 2009 ($0.06 Mil) to Jun. 2010 ($0.06Mil).

Biomass Secure Power's annual other current assets increased from Jun. 2005 ($0.00 Mil) to Jun. 2009 ($0.06 Mil) stayed the same from Jun. 2009 ($0.06 Mil) to Jun. 2010 ($0.06 Mil).

Biomass Secure Power Other Current Assets Related Terms

Biomass Secure Power Other Current Assets Historical Data

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The historical data trend for Biomass Secure Power'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.

Biomass Secure Power Other Current Assets Chart

Biomass Secure Power Annual Data
Trend Jun04 Jun05 Jun09 Jun10
Other Current Assets
0.00 0.00 0.06 0.06

Biomass Secure Power Semi-Annual Data
Jun04 Jun05 Jun09 Jun10
Other Current Assets 0.00 0.00 0.06 0.06

Biomass Secure Power 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 $0.06 Mil mean?
Biomass Secure Power (BMSPF) has a Other Current Assets of $0.06 Mil as of Jun. 2010. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Biomass Secure Power.
Is Biomass Secure Power's Other Current Assets too high?
Biomass Secure Power's current Other Current Assets is $0.06 Mil.
How does Biomass Secure Power's Other Current Assets compare to competitors?
Biomass Secure Power's Other Current Assets of $0.06 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Other Current Assets depends on the Forest Products 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 Biomass Secure Power. Biomass Secure Power's current Other Current Assets is $0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biomass Secure Power stock overvalued right now?
Biomass Secure Power (BMSPF) has a current Other Current Assets of $0.06 Mil. The current Other Current Assets is $0.06 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 Biomass Secure Power (BMSPF), the current Other Current Assets is $0.06 Mil as of Jun. 2010. 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.

Biomass Secure Power Business Description

Address 125 8590 Sunrise Drive, Chilliwack, BC, CAN, V2R 3Z4
Biomass Secure Power Inc is engaged in the development of a wood pellet plant in Louisiana. The company has two patents that allow it to produce Biocoal with up to 30% more energy per tonne than whitewood pellets. The second patent concerns the briquetting of torrefied chips at high temperature maintaining the adhesive properties of the natural lignin and furans present in the wood fiber. It has developed two revenue streams, Biocoal supply and high carbon product which provides a byproduct that can be used for SAF.