GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Goldenstone Acquisition Ltd (NAS:GDST) » Definitions » Other Current Assets

Goldenstone Acquisition (Goldenstone Acquisition) Other Current Assets : $0.06 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Goldenstone Acquisition Other Current Assets?

Goldenstone Acquisition's other current assets for the quarter that ended in Mar. 2024 was $0.06 Mil.

Goldenstone Acquisition's quarterly other current assets declined from Sep. 2023 ($0.02 Mil) to Dec. 2023 ($0.00 Mil) but then increased from Dec. 2023 ($0.00 Mil) to Mar. 2024 ($0.06Mil).

Goldenstone Acquisition's annual other current assets declined from Mar. 2022 ($0.00 Mil) to Mar. 2023 ($-0.18 Mil) increased from Mar. 2023 ($-0.18 Mil) to Mar. 2024 ($0.06 Mil).


Goldenstone Acquisition Other Current Assets Historical Data

The historical data trend for Goldenstone Acquisition'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.

Goldenstone Acquisition Other Current Assets Chart

Goldenstone Acquisition Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Other Current Assets
- - -0.18 0.06

Goldenstone Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.18 0.04 0.02 - 0.06

Goldenstone Acquisition 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.


Goldenstone Acquisition Other Current Assets Related Terms

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


Goldenstone Acquisition (Goldenstone Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
4360 E New York Street, Aurora, IL, USA, 60504
Website
Goldenstone Acquisition Ltd is a newly organized blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Pin Tai director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Yongsheng Liu officer: Chief Operating Officer FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, N0. 272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Ray Lei Chen director, officer: Chief Financial Officer FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Nan Sun director 4360 E. NEW YORK STREET, AURORA IL 60504
Eddie Juling Ni director, officer: Chief Executive Officer 4360 E. NEW YORK STREET, AURORA IL 60504