GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Balamara Resources Ltd (FRA:CDU) » Definitions » Other Current Assets

Balamara Resources (FRA:CDU) Other Current Assets : €0.11 Mil (As of Dec. 2014)


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

What is Balamara Resources Other Current Assets?

Balamara Resources's other current assets for the quarter that ended in Dec. 2014 was €0.11 Mil.

Balamara Resources's quarterly other current assets increased from Dec. 2013 (€0.07 Mil) to Jun. 2014 (€0.57 Mil) but then declined from Jun. 2014 (€0.57 Mil) to Dec. 2014 (€0.11Mil).

Balamara Resources's annual other current assets increased from Jun. 2012 (€0.11 Mil) to Jun. 2013 (€0.23 Mil) increased from Jun. 2013 (€0.23 Mil) to Jun. 2014 (€0.57 Mil).


Balamara Resources Other Current Assets Historical Data

The historical data trend for Balamara Resources'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.

Balamara Resources Other Current Assets Chart

Balamara Resources Annual Data
Trend Jun02 Jun03 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.03 0.11 0.23 0.57

Balamara Resources Semi-Annual Data
Dec02 Jun03 Dec03 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 0.11 0.23 0.07 0.57 0.11

Balamara Resources 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.


Balamara Resources Other Current Assets Related Terms

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


Balamara Resources (FRA:CDU) Business Description

Traded in Other Exchanges
N/A
Address
Balamara Resources Ltd formerly known as Sultan Corporation Limited was incorporated in New South Wales on 16 August 1993 under the name of Asia-Pacific Minerals NL and on 21 November 1993 it changed its name to Caledonian Pacific Minerals NL. On 13 May, 2000 the Company changed its name again to Quadtel NL. The name of the Company was changed once more to Wytomic Limited on 17 February, 2005. The Company is engaged in exploration of mineral resources and reserves, primarily in Central Europe. It acquires assets at low cost with significant upside potential and develops them to a pre-production status. The Company's projects are located in Poland, Montenegro, Bosnia and NSW Australia. It operates in three reportable segments: Exploration Balkans region, Exploration Poland, and Exploration Australia.

Balamara Resources (FRA:CDU) Headlines

No Headlines