Euro Ceramics (BOM:532823) Other Current Assets: ₹24.9 Mil (As of Mar. 2019)

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BOM:532823 Euro Ceramics Ltd BOM:532823
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What is Euro Ceramics Other Current Assets?

Euro Ceramics BOM:532823 4 Other Current Assets is ₹24.9 Mil as of Mar. 2019. GuruFocus rates BOM:532823 with a GF Score™ of 4/100.

Euro Ceramics's other current assets for the quarter that ended in Mar. 2019 was ₹24.9 Mil.

Euro Ceramics's quarterly other current assets declined from Mar. 2017 (₹46.7 Mil) to Mar. 2018 (₹26.4 Mil) and declined from Mar. 2018 (₹26.4 Mil) to Mar. 2019 (₹24.9Mil).

Euro Ceramics's annual other current assets declined from Mar. 2017 (₹46.7 Mil) to Mar. 2018 (₹26.4 Mil) declined from Mar. 2018 (₹26.4 Mil) to Mar. 2019 (₹24.9 Mil).


Euro Ceramics Other Current Assets Related Terms


Euro Ceramics Other Current Assets Historical Data

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The historical data trend for Euro Ceramics'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.

Euro Ceramics Other Current Assets Chart

Euro Ceramics Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.95 45.38 46.75 26.43 24.88

Euro Ceramics Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.95 45.38 46.75 26.43 24.88
BOM:532823
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Euro Ceramics Ltd BOM:532823
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Euro Ceramics 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 ₹24.9 Mil mean?
Euro Ceramics (BOM:532823) has a Other Current Assets of ₹24.9 Mil as of Mar. 2019. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Euro Ceramics.
Is Euro Ceramics' Other Current Assets too high?
Euro Ceramics' current Other Current Assets is ₹24.9 Mil. Overall, Euro Ceramics has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Euro Ceramics' Other Current Assets compare to CARR and MAS?
Euro Ceramics' Other Current Assets of ₹24.9 Mil can be compared against companies in the Construction 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 Construction company?
A good Other Current Assets depends on the Construction 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 Euro Ceramics. Euro Ceramics's current Other Current Assets is ₹24.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro Ceramics stock overvalued right now?
Euro Ceramics (BOM:532823) has a current Other Current Assets of ₹24.9 Mil. The current Other Current Assets is ₹24.9 Mil. Euro Ceramics' overall GF Score™ is 4/100. 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 Euro Ceramics (BOM:532823), the current Other Current Assets is ₹24.9 Mil as of Mar. 2019. 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.

Euro Ceramics Business Description

Address Vallabhbhai Road, Opposite Railway Station, 208, 2nd Floor, Sangam Arcade, Vile Parle (West), Mumbai, IND, 400 056
Euro Ceramics Ltd is an India based company engaged in the manufacturing and sells of vitrified tiles. It operates in three business segments including Tiles Division, Aluminium Division, and Realty Division. The tiles division, which is the key revenue driver, manufactures products including vitrified tiles, composite marble, sanitary ware products, and bathroom tiles. The company holds a global market presence with the majority of the revenue generated from the Indian market.
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Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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