LightAir AB (NGM:LAIR) Other Current Assets: kr2.25 Mil (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGM:LAIR LightAir AB NGM:LAIR
35 GF Score
Price kr0.73
GF Value kr0.28
Valuation Significantly Overvalued
! 3 Warning Signs
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What is LightAir AB Other Current Assets?

LightAir AB NGM:LAIR +5.80% 35 Other Current Assets is kr2.25 Mil as of Dec. 2025. GuruFocus rates NGM:LAIR with a GF Score™ of 35/100 and a GF Value™ of kr0.28 (Significantly Overvalued). The stock has 3 warning signs investors should review.

LightAir AB's other current assets for the quarter that ended in Dec. 2025 was kr2.25 Mil.

LightAir AB's quarterly other current assets declined from Dec. 2024 (kr1.96 Mil) to Jun. 2025 (kr0.00 Mil) but then increased from Jun. 2025 (kr0.00 Mil) to Dec. 2025 (kr2.25Mil).

LightAir AB's annual other current assets increased from Dec. 2023 (kr1.72 Mil) to Dec. 2024 (kr1.96 Mil) increased from Dec. 2024 (kr1.96 Mil) to Dec. 2025 (kr2.25 Mil).


LightAir AB Other Current Assets Related Terms


LightAir AB Other Current Assets Historical Data

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The historical data trend for LightAir AB'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.

LightAir AB Other Current Assets Chart

LightAir AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.61 1.72 1.96 2.25

LightAir AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.72 0.00 1.96 0.00 2.25
NGM:LAIR
35GF Score
LightAir AB NGM:LAIR
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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LightAir AB 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 kr2.25 Mil mean?
LightAir AB (NGM:LAIR) has a Other Current Assets of kr2.25 Mil as of Dec. 2025. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on LightAir AB.
Is LightAir AB's Other Current Assets too high?
LightAir AB's current Other Current Assets is kr2.25 Mil. Overall, LightAir AB has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightAir AB's Other Current Assets compare to VLTO and ZWS?
LightAir AB's Other Current Assets of kr2.25 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Other Current Assets depends on the Industrial Products 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 LightAir AB. LightAir AB's current Other Current Assets is kr2.25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LightAir AB stock overvalued right now?
Based on GuruFocus' analysis, LightAir AB (NGM:LAIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.28, compared to a current price of kr0.73 — trading 160.7% above its estimated fair value. The current Other Current Assets is kr2.25 Mil. LightAir AB's overall GF Score™ is 35/100 with 3 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 LightAir AB (NGM:LAIR), the current Other Current Assets is kr2.25 Mil as of Dec. 2025. 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 LightAir AB (NGM:LAIR) Overvalued in 2026?

Based on GuruFocus' analysis, LightAir AB stock appears to be overvalued. The current stock price of kr0.73 is trading 160.7% above its estimated GF Value™ of kr0.28. GuruFocus considers LightAir AB to be Significantly Overvalued.

Key valuation signals for NGM:LAIR:

  • Other Current Assets: kr2.25 Mil
  • GF Value™: kr0.28 vs. price of kr0.73 (160.7% above fair value)
  • GF Score™: 35/100 with 3 warning signs

No single metric tells the full story. See the NGM:LAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LightAir AB Business Description

Address Svetsarvagen 13, kersberga, Stockholm, SWE, 184 42
LightAir AB is engaged in manufacturing and selling of air purifiers used for different industrial purposes such as traffic pollution, pet allergen, industrial pollution, smoke, and others. Its Air purifiers products include IonFlow Signature, IonFlow Evolution, IonFlow Style, IonFlow Surface, and others. The company distributes its products in Europe, Asia, and North America.
35GF Score

Get the complete analysis for NGM:LAIR

Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.73
Price
kr0.28
GF Value