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Uranerz Energy (FRA:U9E) Other Current Assets : €1.14 Mil (As of Mar. 2015)


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What is Uranerz Energy Other Current Assets?

Uranerz Energy's other current assets for the quarter that ended in Mar. 2015 was €1.14 Mil.

Uranerz Energy's quarterly other current assets increased from Sep. 2014 (€1.01 Mil) to Dec. 2014 (€1.22 Mil) but then declined from Dec. 2014 (€1.22 Mil) to Mar. 2015 (€1.14Mil).

Uranerz Energy's annual other current assets increased from Dec. 2012 (€0.65 Mil) to Dec. 2013 (€1.01 Mil) increased from Dec. 2013 (€1.01 Mil) to Dec. 2014 (€1.22 Mil).


Uranerz Energy Other Current Assets Historical Data

The historical data trend for Uranerz Energy'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.

Uranerz Energy Other Current Assets Chart

Uranerz Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.70 0.65 1.01 1.22

Uranerz Energy Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 0.89 0.63 1.01 1.22 1.14

Uranerz Energy 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.


Uranerz Energy Other Current Assets Related Terms

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Uranerz Energy (FRA:U9E) Business Description

Traded in Other Exchanges
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Address
Uranerz Energy Corp was incorporated under the laws of the State of Nevada on May 26, 1999. On July 5, 2005, it changed its name from Carleton Ventures Corp. to Uranerz Energy Corporation. The Company is an exploration stage company engaged in the acquisition, exploration and, if warranted, development of uranium properties. It is a United States based uranium company focused on constructing an in-situ recovery uranium facility. ISR is a mining process that uses a leaching solution to extract uranium from underground sandstone-hosted uranium deposits, it is the generally accepted extraction technology used in the Powder River Basin area of Wyoming. It is principally focused on the exploitation of its properties in the Powder River Basin. The commercial use of uranium is to fuel nuclear power plants for the generation of electricity. All the uranium produced from its mines will be used to generate electricity. The Company competes with other mining and exploration companies in connection with the acquisition of uranium mineral properties and the equipment, materials and personnel necessary to explore and develop such properties. Its exploration and production activities are subject to certain federal and state laws and regulations relating to environmental quality and pollution control.

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