GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Remote Dynamics Inc (OTCPK:RMTD) » Definitions » Other Current Assets

Remote Dynamics (Remote Dynamics) Other Current Assets : $0.51 Mil (As of Sep. 2009)


View and export this data going back to 2006. Start your Free Trial

What is Remote Dynamics Other Current Assets?

Remote Dynamics's other current assets for the quarter that ended in Sep. 2009 was $0.51 Mil.

Remote Dynamics's quarterly other current assets declined from Mar. 2009 ($0.59 Mil) to Jun. 2009 ($0.54 Mil) and declined from Jun. 2009 ($0.54 Mil) to Sep. 2009 ($0.51Mil).

Remote Dynamics's annual other current assets declined from Aug. 2006 ($1.12 Mil) to Dec. 2007 ($0.42 Mil) increased from Dec. 2007 ($0.42 Mil) to Dec. 2008 ($0.58 Mil).


Remote Dynamics Other Current Assets Historical Data

The historical data trend for Remote Dynamics'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.

Remote Dynamics Other Current Assets Chart

Remote Dynamics Annual Data
Trend Dec99 Dec00 Dec01 Aug02 Aug03 Aug04 Aug05 Aug06 Dec07 Dec08
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 0.95 1.12 0.42 0.58

Remote Dynamics Quarterly Data
Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 0.50 0.58 0.59 0.54 0.51

Remote Dynamics 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.


Remote Dynamics Other Current Assets Related Terms

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


Remote Dynamics (Remote Dynamics) Business Description

Traded in Other Exchanges
N/A
Address
200 Chisholm Place, Suite 120, Plano, TX, USA, 75075
Remote Dynamics Inc markets, sells and supports automatic vehicle location and mobile resource management solutions targeting companies that own and operate private vehicle fleets, construction equipment, unpowered assets and others.
Executives
Miller Lloyd I Iii other: Former 10% Owner
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081

Remote Dynamics (Remote Dynamics) Headlines

No Headlines