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Comstock's other current assets for the quarter that ended in Dec. 2024 was $9.18 Mil.
Comstock's quarterly other current assets increased from Jun. 2024 ($9.35 Mil) to Sep. 2024 ($9.61 Mil) but then declined from Sep. 2024 ($9.61 Mil) to Dec. 2024 ($9.18Mil).
Comstock's annual other current assets declined from Dec. 2022 ($23.26 Mil) to Dec. 2023 ($0.46 Mil) increased from Dec. 2023 ($0.46 Mil) to Dec. 2024 ($9.18 Mil).
The historical data trend for Comstock'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.
Comstock Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial |
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7.07 | 2.03 | 23.26 | 0.46 | 9.18 |
Comstock 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 |
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0.46 | 2.47 | 9.35 | 9.61 | 9.18 |
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 Comstock's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Leo M Drozdoff | director | 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440 |
Rahul Bobbili | officer: Chief Process Engineer | 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440 |
Degasperis Corrado F | officer: CEO, Pres., PFO, CRO | C/O COMSTOCK MINING INC., 117 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440 |
William Joseph Mccarthy | officer: Chief Operating Officer | 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440 |
Mayaguez J Salinas | director | 117 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440 |
Kristin Slanina | director | 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401 |
David Winsness | officer: Chief Technology Officer | 117 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440 |
Kevin Kreisler | officer: President | P.O. BOX 284, MT. ARLINGTON NJ 07856 |
William John Nance | director | 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025 |
Marting Walter A. Jr | director | 11055 VINCENT LANE, RENO NV 89511 |
Judd Merrill | director | 2425 CROOKED CANYON CT., RENO NV 89521 |
John Clark Gillam | director | PO BOX 1118,1800 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440 |
Giron Juan Carlos Jr. | officer: CFO and President | 777 E. WISCONSIN AVENUE, MILWAUKEE WI 53202 |
Timothy Dwinell Smith | officer: Chief Accounting Officer | 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440 |
John V Winfield | director, 10 percent owner | 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025 |
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