GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Caspian Services Inc (OTCPK:CSSV) » Definitions » Other Current Assets

Caspian Services (Caspian Services) Other Current Assets : $0.75 Mil (As of Jun. 2016)


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

What is Caspian Services Other Current Assets?

Caspian Services's other current assets for the quarter that ended in Jun. 2016 was $0.75 Mil.

Caspian Services's quarterly other current assets declined from Dec. 2015 ($0.87 Mil) to Mar. 2016 ($0.76 Mil) and declined from Mar. 2016 ($0.76 Mil) to Jun. 2016 ($0.75Mil).

Caspian Services's annual other current assets declined from Sep. 2013 ($3.17 Mil) to Sep. 2014 ($2.24 Mil) declined from Sep. 2014 ($2.24 Mil) to Sep. 2015 ($0.95 Mil).


Caspian Services Other Current Assets Historical Data

The historical data trend for Caspian Services'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.

Caspian Services Other Current Assets Chart

Caspian Services Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.29 6.54 3.17 2.24 0.95

Caspian Services Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 1.72 0.95 0.87 0.76 0.75

Caspian Services 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.


Caspian Services Other Current Assets Related Terms

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


Caspian Services (Caspian Services) Business Description

Traded in Other Exchanges
N/A
Address
2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109
Caspian Services Inc provides oilfield services to oil & gas industry in Kazakhstan. The company operates in three reportable segments including Vessel operations, Geophysical services, and Marine base services. Vessel operations consist of chartering a fleet of shallow draft offshore support vessels to customers performing oil and gas exploration activities in the Caspian Sea. Geophysical services consist of providing seismic data acquisition services to oil and gas companies operating onshore in Kazakhstan. Marine base service consists of operating a marine base with a boat repair and drydocking services yard located at the port of Bautino on the North Caspian Sea. It generates the majority of the revenue from Vessel operations segment.
Executives
Bakhytbek R Baiseitov 10 percent owner 291/21, DOSKYK AVE,, ALMATY 1P 050020
Mark Donegan 10 percent owner STIRLING SQUARE, 7 CARLTON GARDENS, LONDON X0 SW1Y 5AD
Mirgali Kunayev director, 10 percent owner C/O LERNER & KAPLAN PLLC, 4121 18TH AVENUE, BROOKLYN NY 11218

Caspian Services (Caspian Services) Headlines

No Headlines