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Green Ballast (Green Ballast) Other Current Assets : $0.01 Mil (As of Dec. 2014)


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What is Green Ballast Other Current Assets?

Green Ballast's other current assets for the quarter that ended in Dec. 2014 was $0.01 Mil.

Green Ballast's quarterly other current assets declined from Jun. 2013 ($0.03 Mil) to Dec. 2013 ($0.01 Mil) and declined from Dec. 2013 ($0.01 Mil) to Dec. 2014 ($0.01Mil).

Green Ballast's annual other current assets declined from Dec. 2012 ($0.01 Mil) to Dec. 2013 ($0.01 Mil) declined from Dec. 2013 ($0.01 Mil) to Dec. 2014 ($0.01 Mil).


Green Ballast Other Current Assets Historical Data

The historical data trend for Green Ballast'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.

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Green Ballast Other Current Assets Chart

Green Ballast Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Other Current Assets
0.27 0.01 0.01 0.01

Green Ballast Quarterly Data
Sep11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Dec13 Dec14
Other Current Assets Get a 7-Day Free Trial Premium Member Only 0.01 0.03 0.03 0.01 0.01

Green Ballast 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.


Green Ballast Other Current Assets Related Terms

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Green Ballast (Green Ballast) Business Description

Traded in Other Exchanges
N/A
Address
2620 Thousand Oaks Boulevard, Suite 4000, Memphis, TN, USA, 38118
Green Ballast Inc develops, markets and distributes energy-efficient electronic ballasts for fluorescent fixtures in the lighting industry. The company's electronic ballast is used with a fluorescent bulb to regulate the amount of electric current delivered to start and operate the bulb. It offers energy-efficient electronic ballasts as an alternative to traditional ballasts and existing daylight harvesting ballasts. Its product daylight harvesting ballasts can be applied to two-lamp, three-lamp, or four-lamp light fixtures.

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