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Suryachakra Power (LUX:174974) Other Current Assets : $0.03 Mil (As of Mar. 2018)


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What is Suryachakra Power Other Current Assets?

Suryachakra Power's other current assets for the quarter that ended in Mar. 2018 was $0.03 Mil.

Suryachakra Power's quarterly other current assets increased from Mar. 2016 ($17.08 Mil) to Mar. 2017 ($17.28 Mil) but then declined from Mar. 2017 ($17.28 Mil) to Mar. 2018 ($0.03Mil).

Suryachakra Power's annual other current assets increased from Mar. 2016 ($17.08 Mil) to Mar. 2017 ($17.28 Mil) declined from Mar. 2017 ($17.28 Mil) to Mar. 2018 ($0.03 Mil).


Suryachakra Power Other Current Assets Historical Data

The historical data trend for Suryachakra Power'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.

Suryachakra Power Other Current Assets Chart

Suryachakra Power Annual Data
Trend Mar09 Mar10 Mar11 Jun12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 15.04 17.08 17.28 0.03

Suryachakra Power Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Jun12 Mar14 Mar15 Mar16 Mar17 Mar18
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 15.04 17.08 17.28 0.03

Suryachakra Power 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.


Suryachakra Power Other Current Assets Related Terms

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Suryachakra Power (LUX:174974) Business Description

Traded in Other Exchanges
N/A
Address
Suryachakra House, Plot No. 304-L-III,, Road No.78, Jubilee Hills, Hyderabad, TG, IND, 500096
Suryachakra Power Corp Ltd is engaged in the generation and sale of electricity business activities. The company generates electricity using diesel and biomass. It also involved in architectural, engineering & related services and trading of coal. The company mainly operates in Andaman & Nicobar Islands and other parts of India. It derives most of its revenues from the sale of the electricity business activities and has operations spread across India.

Suryachakra Power (LUX:174974) Headlines

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