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Localiza Rent A Car's other current assets for the quarter that ended in Mar. 2026 was $1,016 Mil.
Localiza Rent A Car's quarterly other current assets
increased
from Sep. 2025 ($897 Mil) to Dec. 2025 ($905 Mil) and
increased
from Dec. 2025 ($905 Mil) to Mar. 2026 ($1,016Mil).
Localiza Rent A Car's annual other current assets
increased
from Dec. 2023 ($709 Mil) to Dec. 2024 ($807 Mil)
increased
from Dec. 2024 ($807 Mil) to Dec. 2025 ($905 Mil).
Localiza Rent A Car Other Current Assets Related Terms
Localiza Rent A Car Other Current Assets Historical Data
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The historical data trend for Localiza Rent A Car'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.
Localiza Rent A Car 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.
What does a Other Current Assets of $1,016 Mil mean?
Localiza Rent A Car (LZRFY) has a Other Current Assets of $1,016 Mil as of Mar. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Localiza Rent A Car.
Is Localiza Rent A Car's Other Current Assets too high?
Localiza Rent A Car's current Other Current Assets is $1,016 Mil. Overall, Localiza Rent A Car has a GF Score™ of 90/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Localiza Rent A Car's Other Current Assets compare to URI and SUNB?
Localiza Rent A Car's Other Current Assets of $1,016 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Business Services company?
A good Other Current Assets depends on the Business Services industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Localiza Rent A Car. Localiza Rent A Car's current Other Current Assets is $1,016 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Localiza Rent A Car stock overvalued right now?
Based on GuruFocus' analysis, Localiza Rent A Car (LZRFY) is currently considered Possible Value Trap. The stock's GF Value™ is $11.58, compared to a current price of $7.31 — trading 36.9% below its estimated fair value. The current Other Current Assets is $1,016 Mil. Localiza Rent A Car's overall GF Score™ is 90/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Localiza Rent A Car (LZRFY), the current Other Current Assets is $1,016 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Localiza Rent A Car (LZRFY) Overvalued in 2026?
Based on GuruFocus' analysis, Localiza Rent A Car stock appears to be undervalued.
The current stock price of $7.31 is trading 36.9% below its estimated GF Value™ of $11.58.
GuruFocus considers Localiza Rent A Car to be Possible Value Trap.
Key valuation signals for LZRFY:
Other Current Assets: $1,016 Mil
GF Value™: $11.58 vs. price of $7.31 (36.9% below fair value)
No single metric tells the full story. See the LZRFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Localiza Rent A Car SA is a car rental service provider with the majority of its operations in Brazil. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its decommissioned fleet, and operates a franchise business. The company has two reportable operating segments: Car Rental and Fleet Management. Maximum revenue is generated from the Car Rental segment, which is responsible for car rentals and for stipulating insurance and managing car claims for insurance companies. This segment is also responsible for the administration and granting of franchises and the right to use the Localiza brand in geographically defined markets. Geographically, the company operates across different regions in Latin America.
90GF Score
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Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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