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OHCS (Optimus Healthcare Svcs) Other Current Assets : $0.02 Mil (As of Sep. 2024)


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What is Optimus Healthcare Svcs Other Current Assets?

Optimus Healthcare Svcs's other current assets for the quarter that ended in Sep. 2024 was $0.02 Mil.

Optimus Healthcare Svcs's quarterly other current assets declined from Mar. 2024 ($0.03 Mil) to Jun. 2024 ($0.02 Mil) and declined from Jun. 2024 ($0.02 Mil) to Sep. 2024 ($0.02Mil).

Optimus Healthcare Svcs's annual other current assets increased from Dec. 2021 ($0.07 Mil) to Dec. 2022 ($0.11 Mil) declined from Dec. 2022 ($0.11 Mil) to Dec. 2023 ($0.03 Mil).


Optimus Healthcare Svcs Other Current Assets Historical Data

The historical data trend for Optimus Healthcare Svcs'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.

Optimus Healthcare Svcs Other Current Assets Chart

Optimus Healthcare Svcs Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec08 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only 14.40 - 0.07 0.11 0.03

Optimus Healthcare Svcs Quarterly Data
Sep03 Mar07 Jun07 Sep07 Mar08 Jun08 Sep08 Dec08 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.14 0.03 0.03 0.02 0.02

Optimus Healthcare Svcs 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.


Optimus Healthcare Svcs Other Current Assets Related Terms

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Optimus Healthcare Svcs Business Description

Traded in Other Exchanges
N/A
Address
1400 Old Country Road, Suite 306, Westbury, NY, USA, 11590
Optimus Healthcare Svcs Inc focuses on acquiring controlling interests in healthcare-related businesses. The company is dedicated to advancing access to clinical trial research and simplifying access to vaccines and pharmaceutical products. It currently operates through its portfolio companies, Clinical Research Alliance, Inc. (CRA), and Worker's Health Rx (d/b/a "Vitality Rx"). The vision is to grow by acquiring controlling interests in healthcare-related businesses with products and services that improve healthcare access and outcomes. Optimus aims to empower physicians and patients with information and tools for informed healthcare decisions.