TGC No 2 PJSC (MIC:TGKB) Other Current Assets: ₽20,305 Mil (As of Jun. 2023)

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What is TGC No 2 PJSC Other Current Assets?

TGC No 2 PJSC MIC:TGKB +7.26% Other Current Assets is ₽20,305 Mil as of Jun. 2023.

TGC No 2 PJSC's other current assets for the quarter that ended in Jun. 2023 was ₽20,305 Mil.

TGC No 2 PJSC's quarterly other current assets increased from Jun. 2022 (₽11,372 Mil) to Dec. 2022 (₽17,795 Mil) and increased from Dec. 2022 (₽17,795 Mil) to Jun. 2023 (₽20,305Mil).

TGC No 2 PJSC's annual other current assets declined from Dec. 2020 (₽20,096 Mil) to Dec. 2021 (₽18,514 Mil) declined from Dec. 2021 (₽18,514 Mil) to Dec. 2022 (₽17,795 Mil).


TGC No 2 PJSC Other Current Assets Related Terms


TGC No 2 PJSC Other Current Assets Historical Data

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The historical data trend for TGC No 2 PJSC'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.

TGC No 2 PJSC Other Current Assets Chart

TGC No 2 PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,787.03 15,752.82 20,095.82 18,513.69 17,794.89

TGC No 2 PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17,280.03 18,513.69 11,371.88 17,794.89 20,305.38

TGC No 2 PJSC 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.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of ₽20,305 Mil mean?
TGC No 2 PJSC (MIC:TGKB) has a Other Current Assets of ₽20,305 Mil as of Jun. 2023. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on TGC No 2 PJSC.
Is TGC No 2 PJSC's Other Current Assets too high?
TGC No 2 PJSC's current Other Current Assets is ₽20,305 Mil.
How does TGC No 2 PJSC's Other Current Assets compare to VST and NRG?
TGC No 2 PJSC's Other Current Assets of ₽20,305 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Other Current Assets depends on the Utilities - Independent Power Producers 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 TGC No 2 PJSC. TGC No 2 PJSC's current Other Current Assets is ₽20,305 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGC No 2 PJSC stock overvalued right now?
TGC No 2 PJSC (MIC:TGKB) has a current Other Current Assets of ₽20,305 Mil. The current Other Current Assets is ₽20,305 Mil. 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 TGC No 2 PJSC (MIC:TGKB), the current Other Current Assets is ₽20,305 Mil as of Jun. 2023. 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.

TGC No 2 PJSC Business Description

Address Pyatnitskaya Street 6, Yaroslavl, RUS, 150003
TGC No 2 PJSC is a heat and power-generating company in the Northern and Northwest parts of Russia. The company's activities involve heat and power production as well as the sale of heat (steam and hot water) to consumers. Its enterprises are in Arkhangelsk, Vologda, Kostroma, Novgorod, and Yaroslavl regions of Russia, and in Skopje (Macedonia).