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Grindr's other current assets for the quarter that ended in Sep. 2024 was $9.6 Mil.
Grindr's quarterly other current assets increased from Mar. 2024 ($11.1 Mil) to Jun. 2024 ($11.2 Mil) but then declined from Jun. 2024 ($11.2 Mil) to Sep. 2024 ($9.6Mil).
Grindr's annual other current assets increased from Dec. 2021 ($7.0 Mil) to Dec. 2022 ($12.0 Mil) declined from Dec. 2022 ($12.0 Mil) to Dec. 2023 ($8.7 Mil).
The historical data trend for Grindr'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.
Grindr Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Other Current Assets | - | 5.18 | 6.98 | 12.02 | 8.70 |
Grindr Quarterly Data | |||||||||||||||
Dec19 | Dec20 | Jun21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Other Current Assets | Get a 7-Day Free Trial |
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9.87 | 8.70 | 11.13 | 11.16 | 9.57 |
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:
The assets grouped under other current assets are most commonly:
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.
Thank you for viewing the detailed overview of Grindr's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Nathan Richardson | director | 8001 AERIAL CENTER PARKWAY, MORRISVILLE NC 27560 |
Austin J Balance | officer: Chief Product Officer | 750 N SAN VICENTE BLVD STE RE1400, WEST HOLLYWOOD CA 90069 |
Lu James Fu Bin | director, 10 percent owner | C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408 |
Vandana Mehta-krantz | officer: Chief Financial Officer | SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445 |
Kye Chen | officer: Chief Accounting Officer | C/O GRINDR INC., 750 N. SAN VICENTE BLVD., SUITE RE 1400, WEST HOLLYWOOD CA 90069 |
George Arison | director, officer: Chief Executive Officer | 3727 LA DONNA AVENUE, PALO ALTO CA 94306 |
Zage George Raymond Iii | director, 10 percent owner | C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 04 |
Daniel Brooks Baer | director | 1443 Q STREET NW, WASHINGTON DC 20009 |
Ben Falloon | other: Former Director of Grindr Inc. | C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315 |
Carman Wong | other: Former Director of Grindr Inc. | C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315 |
Ashish Gupta | other: Former Director of Grindr Inc. | C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315 |
David Christopher Ryan | other: Former Director of Grindr Inc. | C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401 |
Meghan Stabler | director | 4502 HARVEY PENICK DR, ROUND ROCK TX 78664 |
Gary I. Horowitz | director | 350 WEST 23RD STREET, APT 6A, NEW YORK NY 10011 |
Maggie Lower | director | 5822 NORTH WINTHROP AVENUE, CHICAGO IL 60660 |
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