GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GoldQuest Mining Corp (OTCPK:GDQMF) » Definitions » Other Current Assets

GDQMF (GoldQuest Mining) Other Current Assets : $0.09 Mil (As of Dec. 2024)


View and export this data going back to 2006. Start your Free Trial

What is GoldQuest Mining Other Current Assets?

GoldQuest Mining's other current assets for the quarter that ended in Dec. 2024 was $0.09 Mil.

GoldQuest Mining's quarterly other current assets increased from Jun. 2024 ($0.11 Mil) to Sep. 2024 ($0.14 Mil) but then declined from Sep. 2024 ($0.14 Mil) to Dec. 2024 ($0.09Mil).

GoldQuest Mining's annual other current assets increased from Dec. 2022 ($0.11 Mil) to Dec. 2023 ($0.13 Mil) declined from Dec. 2023 ($0.13 Mil) to Dec. 2024 ($0.09 Mil).


GoldQuest Mining Other Current Assets Historical Data

The historical data trend for GoldQuest Mining'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.

GoldQuest Mining Other Current Assets Chart

GoldQuest Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.08 0.11 0.13 0.09

GoldQuest Mining Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.13 0.14 0.11 0.14 0.09

GoldQuest Mining 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.


GoldQuest Mining Other Current Assets Related Terms

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


GoldQuest Mining Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5
GoldQuest Mining Corp is a Canadian-based mineral exploration and development company with projects in the Dominican Republic. Its projects include Romero Project, Tireo Project, and Others. The company along with its subsidiaries is engaged in the identification, acquisition and exploration of mineral properties. It has one reportable segment, being the evaluation and exploration of mineral exploration properties.

GoldQuest Mining Headlines

From GuruFocus

Goldquest: Grant of Stock Options

By GlobeNewswire GlobeNewswire 01-22-2019

GoldQuest Announces Management Changes

By GlobeNewswire GlobeNewswire 01-15-2019

GoldQuest Announces Management Changes

By GlobeNewswire GlobeNewswire 06-02-2022

GoldQuest: Receives Exploration License from DR government

By GlobeNewswire GlobeNewswire 06-26-2019

GoldQuest Announces Grant Of Stock Options

By GlobeNewswire 09-19-2023

GoldQuest Welcomes New CEO & Director � Dominican Citizen

By GlobeNewswire GlobeNewswire 09-02-2022

Goldquest: Grant of Stock Options

By GlobeNewswire GlobeNewswire 05-01-2020

GoldQuest Completes C$8.7 Million Private Placement

By GlobeNewswire 11-20-2024