GURUFOCUS.COM » STOCK LIST » Technology » Software » Bravatek Solutions Inc (GREY:BVTK) » Definitions » Other Current Assets

Bravatek Solutions (Bravatek Solutions) Other Current Assets : $0.03 Mil (As of Sep. 2019)


View and export this data going back to 2009. Start your Free Trial

What is Bravatek Solutions Other Current Assets?

Bravatek Solutions's other current assets for the quarter that ended in Sep. 2019 was $0.03 Mil.

Bravatek Solutions's quarterly other current assets declined from Mar. 2019 ($0.06 Mil) to Jun. 2019 ($0.03 Mil) but then increased from Jun. 2019 ($0.03 Mil) to Sep. 2019 ($0.03Mil).

Bravatek Solutions's annual other current assets declined from Mar. 2016 ($0.01 Mil) to Mar. 2017 ($0.00 Mil) increased from Mar. 2017 ($0.00 Mil) to Dec. 2018 ($0.07 Mil).


Bravatek Solutions Other Current Assets Historical Data

The historical data trend for Bravatek Solutions'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.

* Premium members only.

Bravatek Solutions Other Current Assets Chart

Bravatek Solutions Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Dec18
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.04 0.01 - 0.07

Bravatek Solutions Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.25 0.07 0.06 0.03 0.03

Bravatek Solutions 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.


Bravatek Solutions Other Current Assets Related Terms

Thank you for viewing the detailed overview of Bravatek Solutions's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Bravatek Solutions (Bravatek Solutions) Business Description

Traded in Other Exchanges
N/A
Address
2028 East Ben White Boulevard, Suite 240­2835, Austin, TX, USA, 78741
Bravatek Solutions Inc is engaged in providing marketing and distribution of proprietary and allied security, defense and information security software, and tools and systems. The company's market interests are healthcare, government and military, law enforcement, legal services, and financial services where it focuses on providing security, defense, information security solutions, and protecting organizations against both physical and cyber-attacks.