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PensionBee Group (LSE:PBEE) Other Current Assets : £2.11 Mil (As of Dec. 2024)


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What is PensionBee Group Other Current Assets?

PensionBee Group's other current assets for the quarter that ended in Dec. 2024 was £2.11 Mil.

PensionBee Group's quarterly other current assets increased from Dec. 2023 (£1.90 Mil) to Jun. 2024 (£2.20 Mil) but then declined from Jun. 2024 (£2.20 Mil) to Dec. 2024 (£2.11Mil).

PensionBee Group's annual other current assets increased from Dec. 2022 (£0.90 Mil) to Dec. 2023 (£1.90 Mil) increased from Dec. 2023 (£1.90 Mil) to Dec. 2024 (£2.11 Mil).


PensionBee Group Other Current Assets Historical Data

The historical data trend for PensionBee Group'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.

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PensionBee Group Other Current Assets Chart

PensionBee Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Current Assets
Get a 7-Day Free Trial 0.36 0.89 0.90 1.90 2.11

PensionBee Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 2.17 1.90 2.20 2.11

PensionBee Group 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.


PensionBee Group Other Current Assets Related Terms

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PensionBee Group Business Description

Traded in Other Exchanges
Address
209 Blackfriars Road, London, GBR, SE1 8NL
PensionBee Group PLC is engaged in the provision of direct-to-consumer online pensions. The company helps its customers combine their old pension pots, make flexible contributions, invest in line with their goals and values, and make withdrawals after attaining a certain age. It offers a range of investment plans, including fossil fuel-free and impact investing options, from various asset managers. The firm generates a vast majority of its revenue in the form of fees it charges for fund administration. These fees are earned for administering the customer pension schemes and are charged based on a fixed percentage of the value of a customer's assets held by the pension scheme. It operates in a single geographical location, being the United Kingdom.

PensionBee Group Headlines

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