SCCI (Shimmick Construction Company) Other Current Assets: $27.95 Mil (As of Jun. 2015)


What is Shimmick Construction Company Other Current Assets?

Shimmick Construction Company SCCI Other Current Assets is $27.95 Mil as of Jun. 2015.

Shimmick Construction Company's other current assets for the quarter that ended in Jun. 2015 was $27.95 Mil.

Shimmick Construction Company's quarterly other current assets increased from Jun. 2014 ($0.00 Mil) to Dec. 2014 ($25.54 Mil) and increased from Dec. 2014 ($25.54 Mil) to Jun. 2015 ($27.95Mil).

Shimmick Construction Company's annual other current assets increased from . 20 ($0.00 Mil) to Dec. 2013 ($24.55 Mil) increased from Dec. 2013 ($24.55 Mil) to Dec. 2014 ($25.54 Mil).

Shimmick Construction Company Other Current Assets Related Terms

Shimmick Construction Company Other Current Assets Historical Data

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The historical data trend for Shimmick Construction Company'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.

Shimmick Construction Company Other Current Assets Chart

Shimmick Construction Company Annual Data
Trend Dec13 Dec14
Other Current Assets
24.55 25.54

Shimmick Construction Company Semi-Annual Data
Dec13 Jun14 Dec14 Jun15
Other Current Assets 24.55 0.00 25.54 27.95

Shimmick Construction Company 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 $27.95 Mil mean?
Shimmick Construction Company (SCCI) has a Other Current Assets of $27.95 Mil as of Jun. 2015. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Shimmick Construction Company.
Is Shimmick Construction Company's Other Current Assets too high?
Shimmick Construction Company's current Other Current Assets is $27.95 Mil.
How does Shimmick Construction Company's Other Current Assets compare to TSSI and SWMM?
Shimmick Construction Company's Other Current Assets of $27.95 Mil can be compared against companies in the Construction 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 a Construction company?
A good Other Current Assets depends on the Construction 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 Shimmick Construction Company. Shimmick Construction Company's current Other Current Assets is $27.95 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimmick Construction Company stock overvalued right now?
Shimmick Construction Company (SCCI) has a current Other Current Assets of $27.95 Mil. The current Other Current Assets is $27.95 Mil. 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 Shimmick Construction Company (SCCI), the current Other Current Assets is $27.95 Mil as of Jun. 2015. 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.

Shimmick Construction Company Business Description

Shimmick Construction Company Inc is a heavy civil construction company founded in 1990. The Company is engaged in construction activities in the western United States, with operations in California. The Company offers general construction, construction management, and design-build services to federal, state, and local public agencies and private customers in California and the Western United States. The Company operates in two segments including construction Projects and Construction Materials. The Construction Projects segment performs construction projects including new construction and improvement of streets, roads, highways, bridges, site work, underground, power-related facilities, utilities and other infrastructure projects. The Construction Materials segment mines and processes aggregates and operates plants that produce construction materials for internal use and for sale to third parties. The Company's customers include Caltrans, City of San Francisco, Port of Long Beach, Port of Los Angeles, City of Los Angeles, LA MTA, BART, VTA, and the Metropolitan Water District of Southern California (MWD). The Company faces competition from competitors including Balfour Beatty plc, Barnard Construction Company, Inc., Dragados S.A., Flatiron Construction Corp., Fluor Corporation, Granite Construction Incorporated, Kiewit Corporation, Obayashi Corporation, Skanska AB, Traylor Bros., Inc., Tutor Perini Corporation, and Walsh Construction Co. The Company's business is subject to various federal, state and local laws and regulations relating to the environment, including those relating to discharges to air, water and land, the handling and disposal of solid and hazardous waste, the handling of underground storage tanks and the cleanup of properties affected by hazardous substances.