Leonardo SpA (FRA:FMN) Other Current Assets: €588 Mil (As of Jun. 2026)

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FRA:FMN Leonardo SpA FRA:FMN
79 GF Score
Price €25.20
GF Value €18.89
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Leonardo SpA Other Current Assets?

Leonardo SpA FRA:FMN +0.80% 79 Other Current Assets is €588 Mil as of Jun. 2026. GuruFocus rates FRA:FMN with a GF Score™ of 79/100 and a GF Value™ of €18.89 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Leonardo SpA's other current assets for the quarter that ended in Jun. 2026 was €588 Mil.

Leonardo SpA's quarterly other current assets declined from Jun. 2025 (€713 Mil) to Dec. 2025 (€643 Mil) and declined from Dec. 2025 (€643 Mil) to Jun. 2026 (€588Mil).

Leonardo SpA's annual other current assets declined from Dec. 2023 (€485 Mil) to Dec. 2024 (€436 Mil) increased from Dec. 2024 (€436 Mil) to Dec. 2025 (€643 Mil).


Leonardo SpA Other Current Assets Related Terms


Leonardo SpA Other Current Assets Historical Data

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The historical data trend for Leonardo SpA'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.

Leonardo SpA Other Current Assets Chart

Leonardo SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 333.00 435.00 485.00 436.00 643.00

Leonardo SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 490.00 436.00 713.00 643.00 588.00
FRA:FMN
79GF Score
Leonardo SpA FRA:FMN
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Leonardo SpA 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 €588 Mil mean?
Leonardo SpA (FRA:FMN) has a Other Current Assets of €588 Mil as of Jun. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Leonardo SpA.
Is Leonardo SpA's Other Current Assets too high?
Leonardo SpA's current Other Current Assets is €588 Mil. Overall, Leonardo SpA has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo SpA's Other Current Assets compare to SPCX and GE?
Leonardo SpA's Other Current Assets of €588 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Other Current Assets depends on the Aerospace & Defense 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 Leonardo SpA. Leonardo SpA's current Other Current Assets is €588 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonardo SpA stock overvalued right now?
Based on GuruFocus' analysis, Leonardo SpA (FRA:FMN) is currently considered Significantly Overvalued. The stock's GF Value™ is €18.89, compared to a current price of €25.20 — trading 33.4% above its estimated fair value. The current Other Current Assets is €588 Mil. Leonardo SpA's overall GF Score™ is 79/100 with 1 warning sign to review. 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 Leonardo SpA (FRA:FMN), the current Other Current Assets is €588 Mil as of Jun. 2026. 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.

Is Leonardo SpA (FRA:FMN) Overvalued in 2026?

Based on GuruFocus' analysis, Leonardo SpA stock appears to be overvalued. The current stock price of €25.20 is trading 33.4% above its estimated GF Value™ of €18.89. GuruFocus considers Leonardo SpA to be Significantly Overvalued.

Key valuation signals for FRA:FMN:

  • Other Current Assets: €588 Mil
  • GF Value™: €18.89 vs. price of €25.20 (33.4% above fair value)
  • GF Score™: 79/100 with 1 warning sign

No single metric tells the full story. See the FRA:FMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leonardo SpA Business Description

Address Piazza Monte Grappa 4, Rome, ITA, 00195
Leonardo is a leading European security firm, with 30.2% of shares owned by the Italian government. Divisions include helicopters, defence electronics & security, aeronautics, cyber & security solutions, and space.The helicopter division serves both military and civil markets. Defence electronics & security accesses the US market through the Leonardo DRS subsidiary. Aeronautics integrates aircraft and aerostructures, participating in major programs like Eurofighter, F-35, and the Global Combat Air Programme, or GCAP. It also supplies large structural components to major commercial aircraft programs. Leonardo is currently evolving from a defense firm into a data-driven global security company.
79GF Score

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Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€25.20
Price
€18.89
GF Value