CC Neuberger Principal Holdings II (CC Neuberger Principal Holdings II) Other Current Assets : $0.20 Mil (As of Mar. 2022)

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What is CC Neuberger Principal Holdings II Other Current Assets?

CC Neuberger Principal Holdings II's other current assets for the quarter that ended in Mar. 2022 was $0.20 Mil.

CC Neuberger Principal Holdings II's quarterly other current assets declined from Sep. 2021 ($0.37 Mil) to Dec. 2021 ($0.24 Mil) and declined from Dec. 2021 ($0.24 Mil) to Mar. 2022 ($0.20Mil).

CC Neuberger Principal Holdings II's annual other current assets increased from . 20 ($0.00 Mil) to Dec. 2020 ($0.66 Mil) declined from Dec. 2020 ($0.66 Mil) to Dec. 2021 ($0.24 Mil).

CC Neuberger Principal Holdings II Other Current Assets Historical Data

The historical data trend for CC Neuberger Principal Holdings II'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.

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CC Neuberger Principal Holdings II Other Current Assets Chart

CC Neuberger Principal Holdings II Annual Data

Trend

Dec20

Dec21

Other Current Assets

0.66

0.24

CC Neuberger Principal Holdings II Quarterly Data
	May20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22
Other Current Assets	Get a 7-Day Free Trial			0.61	0.48	0.37	0.24	0.20

CC Neuberger Principal Holdings II 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.

CC Neuberger Principal Holdings II Other Current Assets Related Terms

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