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Goldrich Mining Co (Goldrich Mining Co) Other Current Assets : $0.01 Mil (As of Sep. 2023)


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What is Goldrich Mining Co Other Current Assets?

Goldrich Mining Co's other current assets for the quarter that ended in Sep. 2023 was $0.01 Mil.

Goldrich Mining Co's quarterly other current assets declined from Mar. 2023 ($0.08 Mil) to Jun. 2023 ($0.04 Mil) and declined from Jun. 2023 ($0.04 Mil) to Sep. 2023 ($0.01Mil).

Goldrich Mining Co's annual other current assets increased from Dec. 2020 ($0.05 Mil) to Dec. 2021 ($0.11 Mil) declined from Dec. 2021 ($0.11 Mil) to Dec. 2022 ($0.11 Mil).


Goldrich Mining Co Other Current Assets Historical Data

The historical data trend for Goldrich Mining Co'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.

Goldrich Mining Co Other Current Assets Chart

Goldrich Mining Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.10 0.05 0.11 0.11

Goldrich Mining Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.04 0.11 0.08 0.04 0.01

Goldrich Mining Co 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.


Goldrich Mining Co Other Current Assets Related Terms

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Goldrich Mining Co (Goldrich Mining Co) Business Description

Traded in Other Exchanges
N/A
Address
2525 East 29th Avenue, Suite 10B-160, Spokane, WA, USA, 99223-4942
Goldrich Mining Co is a gold exploration and development company, which is engaged in the acquisition and exploration of mineral properties. The group explores gold and focuses on Chandalar property covering approximately 22,858 acres located to the north of Fairbanks, Alaska. The Chandalar is located in north-central Alaska, which is considered a tier-one jurisdiction world wide and host to multiple world-class gold mines and deposits, including the Fort Knox mine, Donlin Creek deposit, and Pebble deposit. Goldrich geographically operates through the region of Alaska, U.S, and derives the majority of its revenue from the sale of gold.
Executives
Ted Riley Sharp officer: Chief Financial Officer 714 WHISPERWOOD COURT, NAMPA ID 83686
William Orchow director 87 P STREET, SALT LAKE CITY UT 84103
William V Schara director 3221 S REBECCA STREET, SPOKANE WA 99223
Nicholas Gallagher 10 percent owner 5 CHURCHFIELDS, THE K CLUB, STRAFFAN, KILDARE L2 0000
David Atkinson director, 10 percent owner 2754 NW CROSSING DRIVE, SUITE 205, BEND OR 97701
Stephen M Vincent director 255 MAPLE HILL ROAD, HOPKINS MN 55343
Michael Grant Rasmussen director 17412 N. MEADOVIEW LANE, NINE MILE FALLS WA 99026
Garrick Allen Mendham director P. O. BOX 668, KINGSFORD NSW C3 2032
Regent Pacific Group Ltd 10 percent owner SUITE 1001, HENLEY BUILDING, 5 QUEENS'S ROAD CENTRAL, HONG KONG K3 00000
Charles G Bigelow director 11562 DISCOVERY HEIGHTS CIRCLE, ANCHORAGE AK 99515
Kenneth S Eickerman director
Forza Capital Management, L.l.c. director, 10 percent owner 2754 NW CROSSING DRIVE, SUITE 205, BEND OR 97701
Rab Special Situations (master) Fund Ltd 10 percent owner P.O. BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Rodney Alan Blakestad officer: VP - exploration 1602 W. PLACITA SIN NIEVE, SAHUARITA AZ 85629
Robert G Pate officer: VP Operations 8620 E PARKSIDE LANE, SPOKANE WA 99217