GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Regional Brands Inc (OTCPK:RGBD) » Definitions » Other Current Assets

Regional Brands (Regional Brands) Other Current Assets : $0.41 Mil (As of Sep. 2019)


View and export this data going back to . Start your Free Trial

What is Regional Brands Other Current Assets?

Regional Brands's other current assets for the quarter that ended in Sep. 2019 was $0.41 Mil.

Regional Brands's quarterly other current assets increased from Mar. 2019 ($0.27 Mil) to Jun. 2019 ($0.50 Mil) but then declined from Jun. 2019 ($0.50 Mil) to Sep. 2019 ($0.41Mil).

Regional Brands's annual other current assets increased from Sep. 2016 ($0.00 Mil) to Dec. 2017 ($0.45 Mil) increased from Dec. 2017 ($0.45 Mil) to Dec. 2018 ($0.48 Mil).


Regional Brands Other Current Assets Historical Data

The historical data trend for Regional Brands'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.

Regional Brands Other Current Assets Chart

Regional Brands Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Dec17 Dec18
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.45 0.48

Regional Brands Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.66 0.48 0.27 0.50 0.41

Regional Brands 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.


Regional Brands Other Current Assets Related Terms

Thank you for viewing the detailed overview of Regional Brands's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Regional Brands (Regional Brands) Business Description

Traded in Other Exchanges
N/A
Address
6060 Parkland Boulevard, Suite 200, Mayfield Heights, Cleveland, OH, USA, 44124
Regional Brands Inc is a holding company formed to acquire substantial ownership in regional companies with strong brand recognition, stable revenues, and profitability. Its subsidiary is engaged in selling and distribution of windows, doors and related hardware as well as specialty products used in commercial and residential buildings.
Executives
Steven N Bronson director, 10 percent owner
Leonard Hagan director 650 THOMAS AVENUE, BALDWIN NY 11510

Regional Brands (Regional Brands) Headlines

No Headlines